The Press., 1883-09-20
SAVED FROM THE PENITENTIARY.

A certain cashier, having large responsi- lbilities at the head of 8 great city bank, was tempted, no matter how, to indulge in private speculations with the banks funds. Before he realized it he had misappropri- ated and lost $50, ,OO0. In desperation and to retrieve his fortunes he went still deep CT, with the result that instead of extncat- ing himself he shortly found the amount of his loss increased to $100, ,OOO. The time of the annual examination of his accounts and the affairs of the bank being close at hand, he was unable to contrive method of concealing his stealings, and the day be- lawyer, a wealthy man, and made clean breast. The lawyer, after some reflection, asked: s'Do the directors still retain their confidence in you 9 ''They do not even suspect" was the answer. "Win you promise to be governed by my advice ?'' ''I wlll.' 'sSit down and write complete confession of you guilt" The cashier wrote and signed the required confession.
 "Now," said the lawyer, Ego to the bank before 10 o'clock tomorrow morning and take negotiable securities from the safe, to the amount of $100,00O. Bring them to me as early as possible. :"
 The cashier did as he was directed, and brought government and state bonds to the required amount and gave them to his lawyer. ''Now I will go with you,' said the lawyer, ''and plead your case with the bank directors at the regular meeting. , They went together. The cashier read his confession in voice convulsed with sobs. He told how the theft had bt en committed, avowed his remorse, and in the same breath confessed his inability to make good the amount. "What is the amount ?'' asked the president. ''It is $200,00O answered l the cashier.
 There was @ decided sensation in the board, and exclamations of astonishmen1 at the extent of the loss went from mouth to mouth, in the midst of which the law yer rose and address, them. He begged them to consider the confidence, which was in itself temptation n, they had reposeo in their cashier, his long service, and other things calculated to mitigate their feelings toward his client He then showed then that the publication of this deficit at tha tims would cripple the bank and probably compel it to close its doors, and ended by saying that he himself had such confidence in the future of his client, in his remorse and repentance, that he would engage te collect among his other friends and iron various sources $1O0,OO0, and bring it tt them before o'clock on that day provided they would give his client written guar antee against criminal prosecution. ''I not, he added, "his client would surrende himself into their hands and meet the pen atty of hls misdeeds, but the bank would lose the whole amount" We'll, the direc tors deliberated, but the accepted the law ver's terms, gave the cashier the release on the condition named, and took his res ignation at the same time The lawyer easi ly made 8 loan upon the securities and kep his word, 'sand, said my informant, grave ly, ''that very cashier is broker in the New York Stock Exchange to-day. H, has paid up his liabilities to the bank, ant is highly respected by all who do not kno7 him as well as Ido. Chicago Inter- Ocea,a