The Portland daily press., 1899-07-17
GILT EDGED TIP.
Is Drew Dsfauiser George M. Valentine
90 wall street.

at Perth Amboy, N ]. has stolen abou
s140,0oo Of more. The bank examiners
are pushing their work OF investigating
as rspidlysas possible and the exact
amount win not DO known until the ex
animation las been completeda Edward
s. Savage. counsel for the Valentine
family, today said that Valentine con-
fesssd everything at bis ofllco on Thurs
day last. He appeared at MIR. Savage's
oiiice in response to an advertisement
which appeared in New York newspa-
per on the day before. He nppeured there
as elk o'clook at night and found
gathered In the Office bssldes Mr.. saw.
| age. his father, bis wife and his uncls.
Howard Valentine. who had tesn sum-
nsonsd. Valentine was pale and faucarll.
bis CLOTHES were disarranged and his gem
erul appearances was that Of man who
bad suffered much. Mr.. savage said 70
him:
George. Your father win help you II
he can. Unless you will tell us she whole
truth. you may as well go OUT that door
~ will tell you everything. 1 can
stand it no longer" ha replied.
very well, are you a defanlter?"
He spoke with n forced calm and his
hand trepasied violently ns no rested it
upon osair to support himself he
stood with downcasJ eyes und avrrted
| face.
SIS 1t $50. oOos"
"It Is more. IL is twice that and
more
When he said that, his father sank in a
temporary collapse into a chair and re.
manned speeohless and motionless for sev-
eral Iniuutea When he revived his son
continued slowly:
II will tell you all and have 1t over. /
do not know how much l have stolen.
10 Is all gone and the stealing has gone
on for a long time. But as there Is sod
above me hoped to the last to make a
lucky gambls and win enough TO pay
back ssverything. Then | Was going 10
stop My ruin dates back to when was
given agilt-edgei tip on gas stock by o
man who should have teen In position
to know ana who said that IL was going
| way up. l took 5000 from the bank
funds. l loss It all. almost In a day.
From that time until l maze my last
gamble on Monday, when lost S., 100
which I took from the Perth Amboy
| Savings institution, l tried to catch up
on my losses. of course failed All /
have In the world CT my own as l stand
here Is six cents. For many months /
have not slept four consecutive hours.
The nsrvOus and moral strain ha5 tesn
Intense. have been On the verge of
| prostration many timss. For weeks, as l
approached the bank, mornings, / have
expected TO seq the bank examiners in
charge. When l left on Saturday | felt
that the end was near. On Monday
morning, lett Ocean Grove and my vile
and little children ana started for the
| bank. When l got to the Perth Anlboy
station had not the courage to 40 to ths
bank and hoerded another train and
came TO New York. | vert to en- obscure
hotel thst night after losing my last
dollar In Wall street and stayed there IN
| til Wednesday mornin.. "a Ne lneseay
| night had no dinner and no money
with which TO pay hotel bills. / was
| obliged to walk the streets. / went from
saloon to saloon, stopping In each u shcrt
| time to rest. And then ! went from
| doorway 10 doorway. / mad few cents
left anu when was ready TO drop with
fatigue, 1 Donrued a soutn UUund tro1ey
var and went rs far dcwn town aslGransi
street and then returned to Harlem. by
| this time 10 was morning. III the after
noon picked up a copy Of t he newsps-
| psrs which had the personal notice in it
| Like flash 1t came upon me that the
notioa contained promise Of possible
help cut Of my ditiienity and I at once
ttelephoned TO rf1e number given.
Now am ready TO give myself up
ttf you think that should and expiats my
| crims. cannot tell anything now
about how / feel in regard to my vile
and children. Is Is too much, am over
whelmed."
When he finished Valentino bl oke
down. His 1sther supplied him with
| some money. On Friday he gaye himself
up.
Valentine passed sleeplcss nigst in
the New Brunswick jail. His face was
scared and has gard, AMI he seemed Go
have aged Eve years. He WINS pacing up
| and down hia nall han n ebol
him when-he began the speculation that
led to his downfall.
- o. tion'E ask me-" ne cried tearfully,
| 81 can't talk--i can / talk
| He seemed on tne verge of collaps ..
| .Vica krcsidenE Watson of the bank and
City Clerk Wright OF Perth Amboy called
to see him. and Valentine was allowed
to step out into the cOrridor. He was no:
inclined TO talk, and his replies were nsr.
vous and sometimes incohercnt
What did you do with all the money!"
he was asked.
30. don't know" he answered weari-
/ ~. Then, as IL be recalled 10 with an
effort. he added: 81 spent it in Wnll
street,
| when did you commence taking its''
| Valentine paced up and down and
waved his hanu as il he would sweep the
-uusssion aside. so, / don't know-I
don'b know-last winter. maybe" said
he.
| Shortly after Watson and Wright tculS
their departure, Mrs. Valentine drove up
to the jail. She was accompanied by her
husbands cousin, Milford Valentine,
land they had driven all the way from
Perth Amboy, IL miles distant.
Each carried grip in which were
clean clothing and other neeessariss for
the imprisoned cashier. Mrs. Valentine
wore black skirt, plain white waist.
white sailor hat with black band and
thick black veil. which, when she
raised 1t IN tho Jail, showed her eyes red
and swollen from weeping, she was con.
Quoted to the second floor OF the Jail,
Shero she met her husband in an empty
corridor. They embraced each other and
both wept.
The wife was tho most composed OF the
two. lie scanned completely shattered,
and with soft words and oaresses she
tried co console him.
City Clerk Wright denies that under she
New jersey law stockholders ara liable
fer double the amount of stock. and says
shaG he and his associates will not sub
aiit to any suoh claim without q stub
norm legal fight,