Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-04-15
Highly gratifying News from Virginia.
Splendid Bank DefalcatiOn I'm Richmond
1.-The Teller of the Bank of Virginia


Splendid Bank DefaIcation In Richmond
1.-The Teller OF the Bank of Virginia
absconded with half n miIliOn---Old Vir-
ginny never tire.
We have been wondering for several weeks past
why no more defacations had been discovered
among the eight hundred valuable banks and eight
thousand astute financiers with which this country
is inflicted by of those inscrutable dispensations
of Divine Providence, which mans reason can ne yer
fathom. II has been wearing on a good six weeks
since the world was gratiied by the explosion o
the Manhattan Bank, the running away Of New
combe, and the resignation Of Master Bob White
1t is true Jonathan Thompson has rec eived amark
with highly respectable shileah the back of his
head, in order to make him remember the event of
that day-but the world at large, much engaged
with their own affairs had no such remembrance of
the bOuiversem6nL
This stagnation in the financial morals of the
country has been agreeably relieved by highly
respectable defalcatiOn from quarter that few ex-
pected it to come-even from the good, vrtaous
sold Dominion" Public opinion very gene
rally settling down into the conviction that Missis
sippi, Michigan, Philadelphia, New York, and some
few other localities, were to monopoze all the
distinguished defacations and defaulters Of this
derful country The career began with Sam Swart-
won't at 81 ,250,OO0, variously followed up by Bill
Price for $400,00Q-Levis, Of Philadelphia, for
$1,000, 900, round whole string of sub-treasurers,
like strings of onions, for $4,000 $4,000 each,
till it down to Master Newcombe for
$49,767 l2k When the interesting movement
reached the latter point the of finance stood
still as the high did at the command of
Joshua and for six weeks the world could not get
along at all. However, the following intelligence
from Virginia relieves the anxiety of the public
mind -
From the Natisna, Intelligencerl
An ASTOUNDING DEFALcATIoN.-The following
publications contain the public history of disclos-
ure which has just been made at Richmond, and is
the general subject OF conversation here and else
where:
BY the Governor of the STATE Of Virginia.
N PROCLAMATION.
Whereas it has been represented to the Executive
that WILLIAM b. DABNEY, late first teller of
he Bank of Virginia. has feloniously embezzled
considerable amount of the funds OF that bank en-
rusted to his charge, and that he has fled from JUS
uce:
Now, therefore, ], THOMAS w. GILMER, Gov
ernor of the State aforesaid. have thought fit to is
sue this pre- samation, hereby offering reward Of
two hundred dollars to any person persons who
will apprehend tho said William b. Dabney, and
convey him to the Jail of the city of Richmond
And do, moreover, require all officers Of the State,
OWL and military, aad request the people of the Com
mon9yealth, to their best exertons TO apprehcnd
said fugitive, that he may be dealt with according
to law.
lesser seal of the Common ealth Richmond, this
9th day Of April, 1910.
[sEAL.l THOMAS w. GlLMER
The said Dabney is about forty years Of age, and
about six feet nigh of light complexion, hair and
eyes erect in his person and carriage mild and
gentle in his manners, and Of good address.
THREE THOUSAND DOLLARS REwARp.-Threc
thousand dollars will be paid for the apprehension
and delivery IN Rivh..a.i of wILLIA& nEy2n-
LY DABNEY, late first teller of the Bank Of Vir-
ginia, who left the Bank Friday the Sd instant,
and proceeded to Tay lorsville on the Richmond and
Fredericksburg Railroad, whence he has probably
gone to the West. He has embezzed or made away
with a very large amount of the funds Tin Bank
notes. OF the Bank
BY order of the Board of Directors.
JOHN BROCKENBROUGH, President.
From the Richmond Whigl
DErALeArIoN AT THE BANK OF VIRGIsIA.-The
Proclamation Of the Governor, and the advertise
ment Of the President Of the Bank, have officially
apprized the country Of the existence OF defaca-
in the department Of the First Teller OF that In
sttution to a very large amount. An official expose
will probably in day or so, as soon as all the facts
ascertained, place the country Ia possession OF
all that can be known at preseSt. We believe the
deficit is now known TO be between Sioo,ooo and
S500,0O0
Never was a community less prepared for such
development No hint, no suspicion, appears IN
any quarter to have preceded the astounding
citation. No shadow was cast before that the most
wise, after the event, pretend to have seen beiore
Had a mine been sprung IN the midst Oh the CITY,
when enemy encompassing II, the surprise
could not have been greater. At first, public sym
patty was strongly excited for the unhappy default
ing Teller, who had been a universal fayorite, and
was believed to be the dupe Of others. This senti-
ent, Of course, has surrendered to successive dis
coveries, and to the certain fact, that he must
have taken with him unknown, but a very large
Of money belonging TO the Bank. sympathy ends
where deliberate guilt j. sscertaincd To begin. We
pause here for that official disclosure which will
doubtless be made to the Commonwealth
Iron the Rchmon nd Compiler,l
For some days much excitement has prevailed IN
city in consequence of the sudden disappearance
Of VIM b. Dabney, First Teller IN the Bank OF Vir-
gina, and the circulation Of variety OF rumors as
to the Of his disappearance We forbore to
notice them because Of their vague character But
an examination by committee of Directors, has
proved his guilt fully that the Governor has ssu-
ed proclamation Offering reward OF go dollars for
his apprehension, and the Bank has appended adj
ditional reward of 1000 dollars.
The proclamation charges that he has fcloniousiy
embezzlcd considerable amount Of the funds Of the
Bank, entrusted to his care, and the Bank notice
specifies that he has embezzlcd large amount in
Hank notes.
There arc a variety Of rumors yet in circulation
relative to the amount embczzed, sc. The affair
is painful enough and has deeply distressed many OF
our citizens Mr.. Dainey, ep to the time Of his dis
appearance bore spotless reputation, and command
ed the warm esteem of all who knew him. His train
NJ ia xt ii nd If