New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-10-28
WILLIAM j. BEST ARRESTED.
CHARGED WITH EMBEzzLING S75, 200.

TAKEN TO BosToN-HIs CONNECTION WITH THE
PACIFIC BANK AND OTHER INSTITUTIONS.
little over q week ago Inspector Byrnes
received from the police authorities OF Boston requis-
ton signed by Governor George d. Robinson, OF Massa
ehusets stating that indictment had been found by
the Grand Jury against William ]. Best on
charge OF having embezzled $7J 900 Of trust fund
which was in charge OF the Pacific Bank OF
Boston, OF which he the receiver The indictment
had been found in January last bus action had been
taken on it, far Inspector Byrnes knows until the
receipt OF the requstion papers As soon rs they ar
rived Detective Sergeant Adams assigned to the
case and told TO arrest Best He went to the Rossmore
Hotel. where Mr. Best living but found that he was
ont OF the city business and it not known when
he would return. Adams took n room adjoining that
Of Mr.. Best and awaited his return. He found
out early yesterday morning that Mr. Best had got back
70 town and reported to Inspector Byrncs. Chief In
spcctor Hanscom, of Boston, who had to New
York on the case consulted and It decided TO
make the arrest. Sergeant Adams instructed,
and about o'clock last night he called Mr. Best Mt
the hotel showed him the requsition papers, aud told
him that Ic wanted him to 20 to Police Headquarters
Mr Best professcd himself perfectly willing to accom-
pnny the detective, and together they went to Mu-
berry-st. They found Inspector Byrnes and Chief In
spcctor lIanscom In the formers office. Mr. IIanscom
asked Mr.. Best II he willing to go to Boston.
Yes" was the quick reply, I" am ready TO go at
once"
you have anything to attend 10 in NewYork can
wait over until tomorrow, suggested Inspector Hans
"No" said Mr. Best. oven go tonight. The sooner
Boston quicker I'll be able prove my in
nOcence OF these charges"
TO Inspector Byrnes Mr. Best said that
the charges tho result OF con-
spiracy, and that ho had ample dOcu-
mentary and other proof at his command which would
prove cOncusyciy his innocence OF any action which
.t....
dread from n most rsid examination of any of his
private Official actions ewas certain that this charge
the work OF personal encmes He aske permission
his legal adviser Charles T. Crosby and to have
little time to put his personal effects ut tho Rj'smore
IIosel into shape for long absence. Tho ar
rest boins entirely unlocked for, he had no
timo to prepare for it. IIo thought
In could easily arrange all his affairs
he able take the o'clock tram for Boston
His requests were accedcd to.
Inspector Byrncs formally delivered Mr.. Bcs,
to chief Inspector Ianscom. and instructed Ser
gcdht Adams TO accompany them wherever
they chose to 90 Tho party Left tho
Central Office and went the home OF Mr Crosby. No.
I2lI Fourth-lyc. where Mr. Beat held consultation
with Mr.. Crosby. They next went TO the Rossmoro
Hotel. where tho prisoner spent "A little time.
Inspector Hanscom ana Mr. Best wero then
driven to tho Grand Central Depot, where they
took the o'clock train for Boston Mr.. Best took his
Byrnes at tao Central Oncc showed no evidence OF
strong excitement except when he spoke Of the con
spiracy which hc said existed tO ruin his character
Mr. Best was introduced to the stockholders OF tho
Pacific National Bank OF Boston By Colonel Daniel
N,clham, tho National bank examiner. IN January
1851. at a time when the affairs OF that Institution
had reached II state bordering on insolvency.
lie addressed tho meeting OF the stockholders
company held January 10 TO consider the appoint
incnt receiver, and persuaded them that the BANK
could be saved by the adoption ot plan which hc pro-
posed THIS plan, Il announced, had the approval
oi the Controller OF the Currency, aud G,200 out ot
total OF 25j voted ia favor Of It's adoption. II
called for tho fall payment Of heavy assessment on tho
part of stockholders but such tho effect II Mr.
IIc>ts address, that mon who hal seen their funds
IN many nearly an they hud-mclt away unil not
30 much scrap of paper remained To sho" whittier
had gone induced to make all sorts OF sacrifices
IN order raise similar amount, 10 those which had van
shcd Mr. Best took the matter IN hand aud on March
L. 1852 concluded his abors and turned to the d.
rector, the results Of hi- work u the -hapeo improved
.ccuritcs increased assets. renewed public confidence
and a future pregnant with natt"ring possibilities.
Ofhis efforts In behalf of The institution Bank Exam
incr Nccdnam said. Tho Pacific Bank hos boon very
fortunate securing the services of Mr Best when ho
took tho matter in hand insolvency s,ui absolute
.,ns' .ans C1u,1 Iavo c"nceyci f, possible
to rc'usc,atc the bank THO manner tn which tnG as
gathered IN and protection secured Tor
'ho,c whe,c Interest, were involved la, been marvel
executive faculties with power Of combination most
rlrr. aud without which the Pacific Bank would mover
again have entered the list OF solvent AMI strong
nuaucnl Institutions Of Boston. Mr Best cvlnc"S
know ledge of human nature and financial ability oi
rare or.cr" The presidency Of the bank was
repeatedly offered Nj Br.t, but ho refused to
take hrcasc of his connection with railroad Interests
u the south The bank resumed business, TO the sur
Prise Of many. and it's condition n brought about 10y
Mr.. was The subject of special cOmmendatou on
The part Of the Controller of the Currency.
Mr. Rest born III Ireland In 1872 and came To the
United states In I~GO. He rrprcsented ArmSiruuE
CilZc Il CO.. linen manufacturers, OF EHihicidtd, ire
land, In NrW-lotk for two yelr~ ana aUCr"art
became connected with the silk firm OF Dexter
Lambert Co., whose factory was then IN Ioston pc
took exclusive charge or tho hrmS warehouse III Ha
Francisco. lie back 10 the linen trade III -l anl
continued In that business in this city uutlI lN'7
lie first became prominent IN connection with inc lIshh
December, 1871. His work In TINS h.I"
secured him the appointment as re-
criycr OF the German Savings Bank Of Morrsania
which closed ITS doors January 10 1877, the Mechanic
and Traders Savings Institution, and tie Nntlohh
TrIst Company. OF NrwNork lie became president "i
the Midland Aorth Carolina Railway and the Midland
Improvement aud Construction company.
which obtained cOatrol OF tho Atlantic ana
North Carolina Railroad In lNSl.
Tue report OF the Insurance Committee or The lGss!h-
sSJ. In regard to Mr. Bcss rcccivcr>ip oi tho
National Trust Company, said that he had uhWSeJ '-
muscrcd his trust, but did hot charSo MIN WIN "s-
honesty.
TIE "HEITHEN CHINEE" ~ GEoRGIA.
- n,t (Nneci1h y lOlpr,t I