Chalmers replied, "The money was given to me for safe keeping on July 6 by Mr. X' when we were at an hotel in Antwerp. I met "Mr. X' in Switzerland about two weeks ago casually; and the money was really given to me to make a transaction in francs; but I decided that I would not make the transaction, but would return the money to Mr. X' or to his family. I am not prepared to give you details of the transaction."
Inspector Glasspool said he told Chalmers he was not satisfied with his explanation, and took him to Moor Lane Police Station, where he was charged with the unlawful possession of the notes. He made no reply. Later, the alleged victim was communicated with, and he returned to this country. That night, at 10 o'clock, Chalmers was further charged with the possession of the notes, well' knowing them to have been stolen or unlawfully obtained abroad.
The witness produced the 12 £1,000 notes. On the back of one was written "W. Chalmers, apartment, 853." The notes were then formally proved as genuine ones.
Addressing Chalmers, Alderman Sir W. Phone Neal said: "I shall remand you in custody, but I must say that the charge is one of such seriousness and gravity, that I hope that you will be represented by either solicit for or counsel at the next hearing.
Text read from the printed page and cleaned; old type leaves the occasional error.