, 1881-11-03
The Robber Was an Easy Victim oI the
School Of Sharks IN Wall
Street.
Conversations with Persons Connected
or Acquainted with the
Robber.
One MINI KncY I|nttlwin Wns Gambling,
bnt Meyer Toll Anybo,ly Who
Would Tell.
Tho President inclined to Believe that
Bank-Exeminers Ought to
Brace Up.



THE THIRD DAY
ArTElt THE CRASH.
Spsetat Dspaleh 10 1ne Chteaao TrioNns.
NEW yuRk, Nov. :.--Thc fallnte Of tho
Mechanics National link nf Ncwark Is bc-
ginning to hear disastrous fruit III thu MT
trupolEs of New Jersey. Tile terosltnrS 1T
thu ll..ilk were nustly iMc1l VI gtcnt wealth,
who were nble To sustain thu lossrs elttailct
,1pon them by the suspension. bnt. lfkc nil
bnnks, It Ind another class Of tlcposftOr5 who
could MT stand even temporary elat'arr'lss-
l.lci,t. Ut ILLS class wis tho firm Of pciinis
Osborn, It Co., which conducted tho lnfgcst
Wholesale grocery mil liquor business Of umy
house. lii Newark. 1otlay tliis 1lrm
called iIiccting Of lis creditors for
tomorrow, when IL will hu decided
.lcisnitIy whether II will go into voluntary
bankruptcy or not. 'rIlc present lirin had
ubnut SIT, 900 deposited In the hulk. n.lll oil
Saturday Issued about $4,000 III clrcks.
Tllese hive been protested. \ rtltnor was
circulated during the tauy that thu Directors
proposed to mike good tho deficiency Df
baldwin md
cUSrlSuE THE BUSINESS or THE HANK.
AVlcn this rlnor was mentioned to otlc of
tho Directors liz snt.l: 1T Is Nil nonsense. |
AM In fnvor of ttlls, however, mid believe
TINT tic majority 0f tho Directors feel tho
SHINE way. TiIe bank tlttst be wound llp
HOW. bnt after 1t Is wound up think It could
he started again by tho Directors, alld n,n
IN favDr OF ssart!ng II nYain. i believe tfat
| the entire community Of Newark would
slow tl,u sanu confidence in tho management
| that they have shown III tho l,ast. No prop
osition to royiye lilo bank llas beel made In
open board, but know that many Of tho d.
rectoss, like myself. aro Iii favor Of again
starting tho Institution"
MIR. SHELBY,
the Dank Examiner, who llns been invosti-
| gattng tho accounts nf tho Mechanics Ma
ti0nat for tho last few ttnys, wrS not disposed
tD bu very communicative totlny. 11o said
TINT ho should mt be really to send Il state
ment to Washington bcfore tomorrow. Tu
the question ns 10 whether his statement
would be given t0 tho public, fo answered
TINT l,e llatl no right 10 make IL p;l1lc. If
tho Controller saw III to furnish it to tho
| press, it WINS Ills business. II l,ayo lnado 10
discoveries since yesterday" ho said, "ex-
cept tint / find TINT the aggrcgate amount
represented OH l}nldwin's bouks rs being tle-
posted In other banks, outside Of the Me-
cl,nnics' Nntional Of New York, is n little more
tllnn S50,0tN In excess Of tlle money actuntty
Oh deposit In these butlks. l Eiayu found ilD
EVIDENCE That my boiils Of, deposit have been
sold except tho $1,000 of securities bglong-
tng to the sinking fund of Tho city Of New
nrk, nnsl the sale Of these. baldwin claims,
was made by mistake"
| aIts. John i. EMERY,
counsel for the bank, l,atl but littlo informa-
tlon to give. lie shld: ~ n1n engaged to
represent the bank. only III tie matter Of
NuEents property. i have just