Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-09-15
Personal SEetch,
The Minneapolis Tribune of last evening
contains the following sketch:

The Minneapolis Tribune of last evening
contains the following sketch:
Mr.. Keen explains that he has been enabled
to carry the constantly-increasing deficit
through unobserved bya variety of means. Mr..
Jockey visited Minneapolis and the Northwest
ern National bank in August, 1878, since which
time the affairs of the institution have not been
regularly examined except by the committee of
the directors who published the statement of
the business on the 18th of June last. Mr.
Jockey found at that time the cash all right,
but was informed by Mr.. Keen that in reality
it was three or four thousand dollars short at
that time, but he secured that amount of cur
rency from the other banks and was able to
present a correct cash balance by that expe-
dent. But of the entire deficit some 1856, 600
is in
THE NEW YORK ACCOUNT
Of the bank. Mr.. Keen had been in the habit
of receiving and opening the mail Of the bank,
which included monthly statement of the
condition of the credit Of New York exchange,
and had deity raised the amount and passed
it to the book keeper who duly entered it up,
and upon it's face it was all right, and no one
besides Mr.. Keen had opportunity to know of
the change. The remainder Of the shortage
was carried by the
PADDING OF THE PILE OF Bills
duly labeled with the amount contained, n
thing easy of accomplishment where, as assis-
tant cashier and custodian of the funds, Keen
had exclusive charge Of the cash of the bank.
Packages Of bank notes alleged to contain
say $1,000 really contained less than that
amount and though they might be packages
fully as large as 81 900 of large denomination
bills, bills of small denomination were inter-
jected to give them the requisite fairness. This
expedient resorted to and the still further
one in June last, whea the committee of the
directors made the examination of making
temporary loans of currency from the other
banks. The statement published in June last,
at which time Messrs. Welles and Dunwoody
examined the bank, shaved that there on
hand about $4,000 in currency. This Mr..
DunwOOdy passed upon, enumerating tie
amount by the labels the packages, without
actually counting 1t, end Mr.. Keen escaped dis
closure at that time
THE FALLEN CASHIER.
Mr.. Keen has resided in this city seven years,
and came to this city from Phiadelphis to &C.
cept clerkship in the Northwestern National
bank when it was organized. He brought the
recommendation of MIR. Moorhead and of Jaw
Cooke & Co., and Other Eastern gentlemen of
the highest financial standing. H, proved
himself attentive to business, remarkably ca
pable, and so won the confidence of the
cashier Mr.. heller, that he was promoted
year and half past-was promoted to
the more responsible and honorable posi-.
ton of assistant cashier. He was universally
popular official, inside and outside the bank,
and was devotedly attached to his wife and
family of three children, the eldest of which
is but six years of age. He was a man of mod.
est habits and style It living, and himself
states that the whole Of the immense sum alb
sorbed has gone into thu speculations. There
was no blemish upon
HIS Rel CITATION,
and the announcement this morning of his