The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1886-01-01
Keeping Clerks Honest.

hS' VthE SlSIhS IlUItSls
Clason Graham drew the money ON
check for $4,000, s'ync l by his en-
p!oycrs. Spencer, Irask IL Co., oil
brokers. and took Il train for Canada,
nut was stopped on the way only four
hours later, both man and money be.
ing back in town next day. Tho
Inlchness OF >usp'c ion and acton i'm
lhe case Of man whose rcputat on
had been good, writes Il New York
correspondent to Tile IAihtlciphia
Ac"s, was due to the fact that he had
given bonds TO tho firm for honesty.
and his bondsmcn were one of tho
several guarantee and fidelity com.
pan.rs that have lately come INFO uso
here in New York. These concerns
insure employers against loss through
lhe ,hrtls of employees, and rel eve Tho
latter of the ottcn difficult task OF find.
ne available frirn Is to take the r:;xs.
Not less than six thousand mnn arc
already bonded IN this way kv tho
companies, among whom brlsk rivalry
has already arisen. Nis Is to Their
offices show large prem scs aud n.,,ncr
Gus clerks. indicating far more lal,,r
than would bc requisite for merely
making out tho papers and tic ,linr
with the customers up to The pom, uf
completing the BOMBS. The rxplana-
ton is that the most elaborate 81 SENS
OF watching the insured men, and re-
gister.ng their habits, is in operation,
and already the extent and li:o.ou III
hess OF the espionage has become an
acute nuisance to its $uher To
feel that Is actions may be under
surveillance by spy j, annoy ing in
many cases wherein the man is wcII-
behaved, and much 1t s.ikr %. the new
order OF things has dcvrl ped. ku:
there is no escape, because the en-
lstcncc OF tho companies PROV de, so
reasonable an excuse Tor individual,
to decline TO be Loudsmcn that there
is no escape.
Railroad employees. bank clerks,
court officers. and all sorts of rltnc al
officials are chiefly the men involved.
Before making the bonds the persons
characters are invest gated as fully as
possible, but that is no compile q
protection, for ore COM
pany has already lost ;.lo,Ooo
through Paying Teller Charles
y. lIincklcy, OF the West Side bank,
and Teller i. j. Dictcrichs, OF the
Laclcde bank, st Louis, both of whom
were above reproacl. ami one seeming.
~ plouS. The preferences is forctm-
pl"ycS OF inst tutions subject ,USiuto
investigation annually rather than the.
handlers OF money for private firms.
Nearly all the men in the New York
postoilicc and over half of those II
municipal Offices of finance are now
included in tho RISKS. The CHARGES
range from a half to per cent, on t!.c
amount of Insurance.
The principal buSincs, is detective.
Every insured person is watched. and
very closely, too. ii the slightest
looscncss of conduct is observed. In
the instance of Clasnn Graham Il dc.
tcciive reported that he was becoming
Il loungrr about town ut night, and
apparently was spending more money
than his salary could provide. AT tho
moment when he ca he'd Tie big check
Il spy had him in sight and did not
Gult h III until he took the ears. Then
the detective trlrgraphc,i to the com
panN that he was going To 90 to and
would look for orders at Springfield,
where The train would make il, first
stop. TASTY inquiry ol Spencer,
Irask IL Co.. brought out the fact that
Graham was absconding with S26.Ooo.
aud word was wired to Springfield to
arrest him.
a feature of the new business is "a
registry callcl the List of Unrclia-
hlr>. in which the particulars nf
every obtainabIc ease of probable on
actual msdong by an insured man
are noted. The books ufomccSlablIsi
ncnt contain about Twenty thousand
names. another fourteen thousand,
aud there are not less than fftv thou.
sand altogether thus recorded, com.
prs ng riIlroadcrs. bankers public
and ether iduciarics. The
of money stolen by trusted
cmployrs is not dreamed of bv the
public as proved b., the aggrcgl," of
nearly $:opoDo paid from one Office.
But III" bonded men are aware of their
rosli orS. aud Il con seriousness of bc.
ing under scrutiny has become ona of
the common sensations Of their lives.