Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-09-14
PAUL SUNDAY .1LUBA SUNDAY auKNlNu, SEPT. H.
Personal Sketch,
Personal 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 by variety Of means. Mr..
Jockey visited Minneapolis and the Northwest
ern National bank Ill August, 1873, since which
time the affairs OF the instr uti0n have not Teen
regularly examined except by the COMMITTEES of
the directors who published the statement of
the business on the 25th OF June last. Mr..
Jockey found at that time the cash all right,
but was informed by MIR. 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 correct cash balance by that expe-
dent. But of the entire deficit some $35 900
is in tSiH
THE NEW YORK ACCOUNT n
of the bank. Mr.. Keen had been in the habit
of receiving and opening the mail Of the bank,
which included q monthly statement of the
condition of the credit of New York exchange.
and had deity raised the amount and passed
1T to the book keeper, who duly entered it up.
and upon its face 1t was all right, and no one
besides Mr.. Keen had opport unity 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, a
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
expedlent was resorted to and the still further
one in June last. when 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 hank, showed that there was on
hand about $4,000 in currency. This Mr..
DunWoody passed upon. enumerating tie
amount by the labels on the packages, without
actually counting 1t, and 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 Philadelphia to &C.
cept clerkship in the Northwestern National
recommendation of MIR. Moorhead and of Jay
Cooke & Co., and other Eastern gentlemen of
the highest financial standing. He proved
himself attentive to business, remarkably ca
pable, and SO won the confidence of the
cashier, Mr. heller, that he was promoted
to the position of teller, and later-within
year and a 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 man of mod
est habits and style Of living, and himself
states that the whole of the immense sum alb.
sorbed has gone into the speculations. There
was no blemish upon
HIS REPUTATION,
and the announcement this morning of his
fall, and the dishonor he had brought upon
himself and family is one that shocked this
community as nothing else Gould have done
more thoroughly. The disclosures We're the
absorbing topic of conversation on the street
to-day, and the expressions of sympathy for
Mr.. Keen and for his wife and family are uni
VerSal and coronon