The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1873-09-19
EaBszzLEagar IN LeAygswoEru.
A Very 'Siee Yoang Nan" Genes to
Grief.
Tse aueh "FIswip' Belle" and '.DIa.
merds."

The German savings bank at
Leavenworth il in trouble. It was
not sGriRg SO much as 1t thought it
was, and now it has closed doors.
with a card on them, saying how the
directors will pay every cent. The
stockholders are wealthy and it is
supposed they will comply with the
terms of their poster.
,LeavenWorth has been generally
blessed with her full share of daz-
cling, and diamond -bedecked snobs,
aud the wonder has been that she
has been so free from such robberies
as the one recorded below. They
are the peculiar outgrowth of our
present stste Of society. We re-
member the bubble caused by the
financial explosion OF the curly
haired favOrite of the fast ones,
Gruber, only a few years ago, and
now another whose name is familiar
in Leaveh worth print, has gone I'M
der. Tho Leavenworth Times fur
nishes the following account of the
affair, and we publish it, not to
gIoat over the downfall of a weak
brother, but with the hope that his
example will be q warning to others
who are travelling dangerous paths
The defslcation was frat discover
ed on Thursday morning OF Last
week. Wednesday. the directors
gave notice that they would meet
in the evening and examine the &C
counts. After banking hours Mol.
Ter, the cashier, knowing that the
irregularities in his accounts would
be detected unless something was
done to prevent it, began to prepare
the books for examination. In the
days business the accounts showed
q deficiency of about $1,000, and
eraslng the figures he substituted
others to make the account come
out straight. This was done be-
tween seven and eight O'Clock Wed.
nesday evening. Sill later, Messrs
Cochran and Smith, of the board oil
directors, examined the accounts,
counted the cash on hand, and re.
ported the books correct. They did
not detect the alteration in the fig
ufes.
On Thursday morning, Major
Shreve, the book keeper, law thA
his entries of checks the day before
had been altered; and going to NJ
Peaper, the assistant cashiei, a-keC
him if he had MADE q mis-. AXE il
his entries. On receiving negative
. answer, he asked why the figure,
had been altered, but Peaper cou.C
not, or would not inform him. ii,
: then went to Molier, who told hiu
that ne was quite heavily involved
| | By over drawing accounts for spec
. ulaiive purposes, but If he and Pea
per would only keep still and no
> Inform the directors the none!
: would be replaced before any dis
coYery was made.
ShreFe then went to Peaper anG
3 told him to go at once and iuforu
p the directors of the situation of af
fairs, but Peaper refused to do 81
on the ground that he did not Xix
to exrose MolIer. They talked tn
matter over the rest Of the after
a. noon, and at 8 o'clock in the even
> ing Shreve decided to go himsel
and lay the matter before the Presi
! dent. He did so, and the mex
;, morning the directors held a meet
ing and deposed Moller. From hi
own statement. and O close examin
alton of his accounts, it was foun'
: that the bank was out by his variou
( embellishments between $1,000 ant
q $4,000. In several places figure
were discovered to have been raise'
several thousand dollars above tn
g original entries.
. A protested note for 5000 he'll
. by q st. Louis bank, was found
when it was known by the banl
> officials that large balance was dc
}. posted there to their credit.
It seems that MOller, as cashier o
the bank, had signed this note sew
! erai weeks ago, and when it becam
{ due could not make the paymen
= and showed the protest, when it ar
: rived, in his pocket. By such oper
atoms as these, and Overdrawin:
his accounts, he succeeded in get
ting sway with the amount abov
mentioned.
When he found he was discover
ed he made no attempt to concea
: his operations, but made q clear
t breast of each and every transac
ton. On Saturday he signed owe
the following property to Mr.. Coch
ran, the president of the bank: A
farm in Platte county valued at So,
600; house in North LeavenwortE
$1,000; street railroad stock value
unknown; interest in carpet fac
tory; two span of horses, buggy
and carriage; some furniture, fix
lures and paintings; gold watch, dia
mond pins, rings, &c. This proper
ty will amount 10 about 10000, and
the bank therefore will not lose but
about $1,000 or $4,000. Mollel
seems to be as cool and indifferent
about the matter IS you please
: Yesterday he was engaged in con-
. versation with the bank officers but
would not talk to anyone else. For
some time past it has been rumored
that ne was living beyond his means,
but no one for Il moment doubted
his business Integrity. He kept fast
horses, sported diamond etuds, ring-
and pins, always HAD money
TO spend with the particular
uIar set of young blood" in which
he moved. On Shawnee stie~i he
mad rooms extravugantIy fu'uishrd.
and flied with expensive paintings
aud engravings. Here De en-. er'ain-
ed his friends in the most sumpfu-
GUS manner. The social club" was
his favorite place OF ''whiling the
happy hours away" aud the sssocia
tons there Intoxicated probably had
considerable to do with his dis
graceful and almost unexpected
downfall. His expenses At The sa-
looms and restaurants were quite
heavy. At Giaecomini's his bill for
Q few short weeks reached At one
time SLIGO. Such extraYagance as
this on q salary of $1,000 could not
long continue, and becoming seri-
ously embarrassed by the failure of
several business transactions, he at
tempted to retrieve himself by en-
bezzIing from the funds placed un-
der his charge. His misfortune is
q warning to all young men who
attempt to live beyond their means
and put on that style and ostenta-
ton which their business or en-
ployment will not in the least war
rant.
At the New England Agricul.
tural Fair, lately held at Boston,
DIR. Geo. d. Loring, for many years
President of the Society, opened
the exhibition with 80 address, in
the course of which he aaid that if
4 vAu ~wn.ld l0nlr for fha hiuAeak a0-