, 1881-09-25
THE CLEARINGHOUSE.


Su*ucnston and Resignation of The
Manager. H. Il. Halle.
at meeting Of the Clcuring-tiuuse Commit
tee, held Friday, Mr. Douglas r. Hale. who has
for many years been manager vi the associ:s-
tion. WIS suspended. Yesterday he sent I'll his
| resignation, and the question of its acceptance
Will be considered by the Clearing House Thurs
day. That it will he accepted there seems to be
no doubt. AS to tho reason why it wns asked
for, ft: the suspension amounts to that there is
much question. The lnattcr, however, would be
Of little interest outside Of the few people who
are personally acquainted with Nr. Hule& and
Of tne banks in whose employ he nas
been so long, If it not tor the fact that his
career has pcen eutangled with TINT Of woman
concerning whom much has been said In the
papers. though Mr.. HaIcs part in it has thus far
tec.l uu,aendoned. TuE TEfHcSI: p,lt!isls"i
sumo months ago Il long aud interesting story
concerning the adventures of tho wife uf Nike
Weaver, II nlan now serving time 1T lul,er TOR Il
scrirs Of bold rubbe:ies committed in this city
soile years ago. II wis there stated with more
called upon one Of the persons whom her hus-
hand h,t'l robbed. for tile purln,se Of restoring:
the putMer, how tle wife Of the gentleman
kept hcr as. l, companion. and how.
after the death OF tho wife, Mrs. Weaver
remained in churse OF tho husbands ho,,se and
ct his children at,d bow II was this mans i,ltcn-
tioll, as sooil Ks Mrs. Weaver cOuI secure the
divorce, t"r which she has now npped. To marry
very lon:. before the publication Of this story
Mrs. Weaver and her sister
Had BEEN ARRESTED
on q charge Of stealing some jewery,
Of wneh 'hfy Hc wers sa9isSuea;S Ssr s
WIS 1lut generally known, especially among tho
members Of the Clearing House. and, while the
story w:,s too good \ a, Que to keep. i wns not
dcezucl proper to publish his naulc~ Now, how
ever. that his connection with tho Clearing
House. which made him most ::olicitons then 10
v"a r'sty 1ea5n hf pFag{say xnep e"le' % 5sre
though III i pr, ProbMaeiy M 49, wlll !. ts w'!hii! # i !.
from the Clearing: IS not due to bis rtia-
tiuns with Mrs. Weaver. about Which 1t is but
proper to State there is not s!ladow IF itul'ro
any financial irrexuiarlty. Immense amounts
Ut money, chiefly gold now. pass through the
clearing-liousc through Mr. nale's han',s. bur
and oclock. The Clearing House itself has :,
fund, but it is a very snal one. There is
quarterly assessment upon the banks composing
expenses consist Of 1900 TOR tho managers
satury- <::,uD for rent, 500 for printing.
nna sso 1S;s for -
quarterly, naturally there Is comparatively
Little ou hand III any one time. Mr. Hale him
S he zen q! On 5na H Io1ee ,h15 OF tue
nothin. rc'leciirs on his morality s,r his inte::
rity IL such charxcs were ,n;.ac By Tue Clear
l3UuSt: 4aS@UEIHt4tIl. Ut Aut III LHG DATkS
COMPOSING it. he would then nnswer for theu
As IT, the reason why bc had resigned.
HE DECLINED TO GIVE II.
On previous Occasions efforts h,lvt: been mn.e
within the association t0 secure Mr.. HAle'5
moyai. 1T one time an effort WAS male II plt
in his place gentleman who is very Iupulr with
I'LL the b1uks, but it was Defeated simply nn the
ground that Mr.. Hnlc had been in 1l1e!r cinl'l,
II long tirne and that his removal would not bc
Glvi-scryicf measure. OE: a Subsequent ucc;l-
Sion 1uuifon WIS made to reduce his salary,
on the ground that it too large salary for
the few hours work. from |. ia 3. which hi. gave
them. The object OF making the REDUCTION, w:,s,
Of course. tn freeze him cut. That inutiois ts,o
WIS sll,nnarily tcfr.lel 1t is understood that
Hi officer of one of the banks something
which attracted his ::tention-a check Of Mr.
},aie's. 1t is bciicyct-and Thought the matter Of
sufficient consequence tn bring It 10 the atten-
tion If the committee which body deemed it al
irreg,lla1ity justifyinG his Suspension. Mr. Hale
has been lot, in ths place thar tho .5ank o!li-
GERS are naturally .lIsineted to talk up0n tho
subject and. since they make no specific charges
against him, or have not done ss' Yet, excerpt
to say that. il there any shortage, it cos,a
not exceed $l.fD, the presumption Is that his
withdrawal is due to cauSGs witch rrirll-
is;al i'll their nature, and which iluve ne interest
to the public. though considered toy the banks
sufficient to justify them III taking the step they