Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1886-09-27

PORTLAND, Sept. 25.
The State bank examiner has completed
his examination Of the condition of the Maine
Savings Bank. and it appears that the sur
plus of the bank above all liabilities is now
S746, 400 TO-. The surplus at the last exam
ination. in January, was S665,3l9 "a, SO that
there has been a gain of $4,000 in eight
months. This is based on che market value
of the securities held. The nominal profits
have been considerably reduced by large in
vestments in long bonds, which were bought
in at premium. The railroad bonds owned
by the bank amounted at par to $500, 900 in
and now figure at S1,493, 500.
These investments have bsen prudently
made, as the increased surplus shows. In
short the bank is lot only sound, but strong
and prosperous. The occasion of the exam
ination, as is we'll known, is the defalcation
of Mr. Gould, who was one of the trustees of
the savings bank. 1t does not appear, how
ever, that the bank has been involved in any
degree in MIR. Gould's irregularities.
William E. Gould, ex-casher of the First
National bank, was arrested this evening.
The fallen fnancier manifested some little
emotion, although he had evidently prepared
himself for the ordeal.
The arrest was made on a warrant issued
by Hon. Charles f. Clifford, United States
on complaint of United States
District Attorney Bird. On arriving at the
Office of United States Marshal Harmon at
the postoffice building, Mr.. Gould was re-
ceived by Hon. J. II. Drummond of the firm
Drummond & Drummond, his attorneys.
He appeared surprisingly calm aud digni-
fed, aud as he leaned back in his chair SEEM
ed perfectly at ease. He had played for
high stake, he lost all, including the position
of leading financier of the State, and having
lost this is keeping up like man.
After he was brought to the marshals office
q loug delay ensued. Names great de-
faulter couldn't be disposed of in minute.
The first act of the legal drama, that will end
no one knows how, but as many believe in
the tearing TO pieces by the ruined cashier Of
more than one reputation, could not be at
once commenced. Mr.. Drummond went out
to see, it was said, about bail, and while he
was gone, the ex-preacher, fnancier, and
speculator waited with quiet patience for his
return.
Twice telegraph boys came up the stairs
with messages for him, showing that away
from, the city were some who felt little sym
pathy for him, but of all those who but few
if but hint from the fnancier, of all his
former business associates, not one found
his way to the room of the troubled man.
Outside, under lowering sky, few people,
q little lire on the sidewalk, craned their
necks and looked upward to the court room
and whispered "Gould's up there"
Mr.. Drummond returned but he was alone.
were sent out, and the telephone
was freely used. Mr.. Drummond went out
for the second time, but still no one came to
the assistance of the once-powerful banker.
Clifford was asked to fix the
bail. and replied; 81 will FIX it at $50, 600"
Mr.. Drummond made some attempt to get
it reduced below that figure, but Commits
sioner Clifford was firm. At last the pa
tience of the commissioner and Goulds con-
fdent hope of getting bail alike gave way,
and the commissioner signed the order COM
mittng William E. Gould to Jail, there to re-
main until the 2Sth, when he will be taken
before the Judge of the United States District
Court, to answer to the indictments against
him.
When Mr.. Gould came down the stairs he
was attended by Deputy United States Mar
shal Smith, Sheriff True. who was about to
become his jailer, and by several reporters.
Before stepping into the hack be glanced
with evident emotion at the noble building
that had been his special pride, the First
National Bank building. Then Mr.. Meserve
closed the door and the ride to the Jail began.
Arriving at the Jail the ex-casher was re-
ceived by the deputy turnkey. The papers
betveeu Deputy Marshal Smith and Sheriff
True were exchanged, ana the MARSHAL salo
good night.
Mr.. Gould then had brief talk with
young man who brought some things. "Do
YOU propose to take them in with you, Mr..
Gould?" asked the turnkey. "If you please"
replied Mr.. Gould, as the turnkey opened the
and began to take out the articles.
For q moment Mr.. Gould seemed about to
break down, and turned away to hide his
emotion.
The ex.finsncier after saying few pleas
mt words. turned to go, but was stopped oy
he turnkey. who reluctantly said Il must
,earch you, Mr.. Could" The prisoner was
almost white with suppressed emotion. but
,uietly said: "Oh yes, I didn't think OF thai