The Wilmington daily Republican., 1895-03-08
NEVBOLDS DISGRACE
The Reverend Robber Of the Church
Missionary Society.
HAD BEEN STEALING FOR YEARS

A Statement from Chairman White, of the
Finance Committee of the Society, De-
clares That the DefaIcations WIN Aggre-
gate Nineteen Thousand Dollars
NEW York, March SIN response to an
invitation from George @. White, chair
man of the finance committee of the
American Church Missionary society, q
reporter called at the rooms of that organ
i2ation and was given the following state
ment:
''At the January meeting I was made
chairman Of the finance committee. I'm
mediately upon looking into the duties OF
my new Office fJsend that the books called
for largo cash balance on hand in a trust
company, bat was informed that the
treasurer, H.A. Oakley, claimed that there
was no such money on hand i was after
wards informed that the general secretary
know there was discrepancy In the ac-
counts but he did not so inform the eX-
ecutive board until tho January meeting.
1.-THE treasurer was at once called upon
by me to produce the books of account and
his own accounts, and to show where the
differences existed. "A month ago I put
an expert to work on the books. There
are reported to be several items in regard
to General Secretary Newbold's account
which required explanation. At the end
OF n few days Mr.. Newbold finding the
temperature of the Office getting too hot
for him, sent his keys to the finance com
mittce, and announced that ho had sew
cred his connection with the society. 1t
was afterwards found that Mr. Newbold
had retained n duplicate of the koys, which
l took from him
'The result of the expert accountants Is
examination showed that Mr.. Newbold
has overdrawn from the society the sum
of about sl2,000 over and above all that
was due him for salary. Furthermore,lt the
examination shows that moneys received
from interest and other sources, to the
amount Of 81 600 he has failed to credit
on tho books, and the checks for the same
wcro not deposited in the soclety's bank
acculNt
"AIr Ncwbold has confessed these defal
cations to four different members of the
society. and we also have letter, written
by him, confcssing his crime and pleading
on the score Of past faithfulncss, for leni.
ency, and claiming that he was Obliged tC
use this money to support Il large and ex
pensiye family.
"lTe lives in a fine place at Mont Clair
n. j., the value Of which, he says he es
Inmates at 900. He also keeps horses
carriages cows, etc.
Mr. Ncwbuld's statement that he wa,
allowed $1,000 per anuum for expenses |.
incorrect us all his travelling expenses
were properly charged against the expense
account of the society. His house is mort
gagged for about sll,0O0, and he has OK
pressed his willingness to deed whatever
equity he has in 1t to the society.
Mr.. Ncwbold was general secretary o
the society for twcnty-six years, and wa,
always implicitly trusted by the members
Tho expert accountant has uscertuinet
that certainly for the past ten years, ant
for how much more we do not know, New
bold has been robbing the sacred troasur,
of the society"
Mr. White said his statement was pro
yohcd by Nrwbold's attempt to pose AS
martyr He would not say what step
would bo taken by the society agains
Newbold, nor would he show the latter
written confession.