George Wingfield: owner and operator of Nevada

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With Cole losing as controller and Clapp fired as bank cashier weeks prior for his excessive drinking, it become increasingly apparent that the scandal was going to break.

Nevada political power: Bosses of the Silver State squared off in sensational trial

Diskin issued press releases that ran collectively on the front page of the Reno Evening Gazette on May 7, Wingfield blamed Cole and Malley and said he had backed the defalcation with his own fortune, which avoided a run on the bank. Malley was arrested and removed as state treasurer. He prepared for trial with Cole, seeking defense from a political outsider — someone competent and not beholden to the Wingfield power structure.

Nevada statute said no public funds could be deposited into a bank exceeding 75 percent.


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George Cole can go to prison and come out just as they went in — but can individuals go into bondage and come out; can this sovereign state go into the bondage of gold and come out? The jury found Malley and Cole guilty and they received a sentence of five to 15 years in state prison. But Wingfield continued to have the upper hand. In the end, the state settled with Wingfield.


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After the trial, news coverage outside the state started pointing to how Nevada was operating. McCarran built on his publicity after the trial and ran for U. Senate again in But Oddie, who was Republican incumbent, lost by a narrow margin because of the Great Depression.

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Nevada political power: Bosses of the Silver State squared off in sensational trial

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