Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-11-27

and by the way, 1t is interesting to note, in
this connection. that this famous expert is
a native of Philadelphia, being born in the
City CT Brotherly Love in the year 1Si9. He
has always maintained his residence there,
despite the fact that his services are under
the controlof the government and he is sent
here, there and everywhere at a moments
notice, and with scarcely any warning
whatever, frequently receiving Instructions
while upon a railroad train.
When a boy, Mr.. Moxey entered the
banking house Of Glendinn.ng. Davis
first position being in the humble capacity
OF an office boy. He was a good one, too.
He remained with the house for ten years,
being promoted step by step until he filled
the important and trusted position of cash
fer. While with the house he dis
played a singular aptitude for mathe-
keeping which so bother the uninitiated.
While two and two" make four
with the average man, Mr.. Moxey, possesse:
concerned, and sometimes he sees tina
two" and two may make less than four
and that "subtraction," multiplication
scrcpulons bookkeepers in such a way
that, while at first blush everything seems
straight, correct and accurate. n lit
acouracies" that may entirely alter
the real face Of a ledger. journal or casr
b:ok. In faes. 1t has been said that Mr.
<NhSAty IA i @ htIli a
cian." and IL there was any lying that
lurked In figures, no matter how skillfully
that lying" was done. he could thrust tbs
blade OF truth into their bowels and evolv'
therefrom Just what was what"
Early in his career he was frequently call
ed upo by important corporations to IN
tangle 'clouded" accounts and his service
when enlisted in this direction Were Away
fruitful and satisfying in results. There i
many an institution in Philadelphia-thouSi
the fact has never before been published
which has saved many dollars by timely
calling upon Mr.. Moxey's investigating
aptitude for the detection of cooked" &C,
counts
After leaving Glendinning. Davis G. Co.
Mr.. Moxey continued for a few years in III
brokerage business, but his real forte wa
as an expert accountant and he soon adopt
ed that calling as a professionals profes
sion In which he is undoubtedly the leade
IN. America to-day. at least he is 50 con
of the country and by the United State
government. which is ever ready to seel
for his aid when cashiers and bookkeeper
succeed in closing. the doors of nationa
banks. MIR. MoXey's personality is n famll
lar one to the financial circles of Philadel
phia, but any ore who has come within tn
sweep of his searchlight-looking eyes vii
never forget him.. He is quiet in his de
meanor, and. while he has been the hero o
many sensations. he IS absolutely oppose
to sensational methods, he rarely goe
around with a brass band and is rot fon
of noise OF any sort: but when his eye ru:
over columns of figures and his pen tick
OIL Idbs VII IL idDltl, Ut lItdlLS DuSliltS
every time.
His Peculiar KnacE.
While with G~lendinning, Davis & Co., h
peculiar knack for figure analysis was Fir:
developed and several well known corpors
tons called upon him to analyze ~intricat
and important financial statements. H
could separate facts from imaginatio
quickly and absolutely and no man coul
give more readily an estimate of the actu;
possibilities Of a financial statement. II
reputation in this respect became so e
tablished that the phrase Let MoXey los
at ii" became quite Il household word, G
rather a counting house word" in finar
cial Centers.
In the fall of 1881 he was selected by II
United States government to investicat
the books of the Spring Garden Nation;
bank of that city and his work in that il
stitution Is too familiar TO need recapit,
lation here: IL is sufficient to say tn:
everything that could be found out abo,
those somewhat tangled up books was III
earthed by him. Shortly after this. l
(of the Baldwin works. and h
counsel. the Hon. Wayne MacVeagh. and |
Labarre jayne, counsel of the Lombal
Investment Company. 10 go to Kansas CT
10 investigate the affairs of tina compan
The outcome of the investigation is we
known.
In 1899 the government again had NJ
Moxey in its employ and he was sent 30,
haste to Tennessee TO browse among II
books of the Commercial National ban
VI nv bilu NHf GtAD4 .NAlltln
bank, of Columbia. These two cases
bank mismanagement were notorious
the time. resulting in numerous trials Al
taking up nearly two years of Mr.. MoXey
time, as the account We're so tangled
and mixed and there was so much litig
tioD hat he had scarcely a moment
himself during the two years IN questio
He did good work there and there we
several crimina trials and two pleas
guilty.
10 go out on a mission for the COVER
ment. This time he was sent TO Flo
StanwiN National bank. of Rome. y.
This case is 4 familiar one to newspap
readers. The cashier of the institute
had simply run the figures of the books
suit his own ideas of bank profits. and tn
when lie found that he had taken out me
mitted suicide: leaving a collection
books that would have puzzled Euclid hi
self and which would have given Sir lisa
Newton paralysis of the brain to straight
out. Mr.. Moneys cool head. howev
Strengthened them out. He was then d
affairs OF the American National bank n
the Union National bank of that cit
two concerns which had gotten into trouI
owing 10 misplaced confidence in trusi
employees. In the latter hank. two indy
uai ~book-keepers assisted by two acco
plices, had robbed the concern of over Sc
600. One Of the bookkeepers commit
Mr.. Moxey here found a set of fgu
that would even have puzzled n M
reader. hut by hard work. and through Il
clean-cut. analytical. investigating abil
rectors of the banks just how much II
had lost and Just where they stood, 4
his array of figures in these instances W
shown In such i way, as 10 gain Tor J.