The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-16
HOW IT WAS LOST.
Cashier Valentine
Tells of a Wall
Street Career.
HAD GILT-EDGEO TIP ON GAS.
Now All He Has Left
He Declares Is
Six Cents.

New York, July 15-It is said the
theft of Valentine, the defaulting cash
Ter of the Middlesex county bank at
Perth Amboy, N. j., will amount to
about $4,000. The bank examiners are
pushing their work of investigation as
rapidly as possible and the exact
amount will not be known until the ex-
animation has been completed.
Edward S. Savage, counsel for the
valentine family, said today that VAL
entine confessed everything at his office
thursday last. He appeared at Mr..
Savage's office in response to an adver
tlsement which appeared in a New
York newspaper on the day before. He
appeared there at o'clock at night and
found gathered in the office besides Mr..
Savage, his father, his wife and his
uncle, Howard Valentine, who had been
summoned.
Mr.. Savage said to him: George,
your father will help you if he can. I'm
less you will tell us the whole truth.
you may as well go out that door at
once
II II tell everything. can stand it no
longer" he replied.
Very well, are you defaulter?"
Yes, l am
as it $50,OO0?"
1T is more. 1t is twice that and
more" When he said that lis father
sank in temporary collapse into a
chair and remained speechless and mo-
tionless for several minutes. When ha
revived, his son said slowly:
Il will tell you all and have it over,
do not know how much have stolen.
1t is all gone, and the stealing has CO. e
on for long time. But as there is a
God above me, I hoped at the last to
make lucky gamble and win enough
to pay back everything. Then l was
going to stop. My ruin dates back to
when l was given a gilt edged tip on
gas stock by a man who should have
been in position to know and who
said that it was going way up. 1 took
$4,000 from the bank funds. lost it
ali almost in a day.
From that time until made my last
gamble on Monday, when l lost $S000
which 1 took from the Perth Amboy
Savings Institution, / tried to catch up
on my losses OF course, I failed. All
l have in the world of my own as l
stand here is cents. For many months
I have not slept four consecutive hours.
The nervous and moral strain has been
intense l have been on the verge of
prostration many times. For weeks, as
l approached the bank mornings, I have
expected to see the bank examiners in
charge. When l left on Saturday I felt
that the end was near. On Monday
morning l left Ocean Grove and my
wife and little children and started for
the bank. When l got to the Perth
Amboy station 1 had not the courage
to go to the bank, and boarded another
train and came to New York"
Il went to an obscure hotel that
night, after losing my last dollar in
Wall street, and stayed there until
Wednesday morning. Wednesday night
l had no dinner and no money with
which to pay hotel bills. l was obliged
to walk the streets. / went from sa-
loon to saloon, stopping in each a
short time to rest. And then l went
from doorway to doorway. l had few
cents left, and when [ was ready to
drop with fatigue, I boarded south
bound trolley car and went as far down
town as Grand street and then returned
| to Harlem. BY this time it was morn
ing. In the afternoon picked up copy
of the newspaper which had the per-
sonal notice Like flash it came upon
me that the notice contained promise
of possible help out of my difficulty,
and I at once telephoned to the number
| given.
Now 1 am ready to give myself up,
| if you think that I should expiate my
crime l cannot say anything now
about how / feel in regard to my wife
and children. 1t is too much. I am
overwhelmed.
When he finished Valentine broke
down. His father supplied him with
some money. On Friday he gave him
self up.