Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-07-16
OABBLED IN STOCKS,
Cashier Valentines Accounts Are
Now S14O,OOO Short
HEPERTH AMBOY SENSATION
The Extent Of The DtfalCdtlOn MOI
YET Known.
HOW HE FIRST CONFESSED.
Admitted His Guilt Before His Grief
stricken Faniily-lt Commenced
with False "rip" on Stocks and
Went from Dad to Worse.
HOW HE FIRST Confessed.
Admitted His Guilt Before His Grief
Went from Dad to Worse.

NEW YORK, July 1j.-It is estimated
that the theft OF George W. Valentine, the
defaulting cashier of the MiddleseX
County Bank at Perth Amboy, n. j.,
will amount to $4,000, or more. The bank
examiners are pushing their work Of in
yestlgation as rapidly as possible, and
the exact amount will not be known
until the examination has been COM
pleted.
Edward $. Savage, counsel for many
years for the Valentine family, and the
man who practically delivered up Valen-
tine to the authorities, to-day told the
story that Valentine himself related to
his father, his uncle. and his wife, con-
corning his defalcation.
YOUR FATHER WILL HELP YOU"
Valentine, he said, confessed every
thing at his Office on Thursday last. lie
appeared at Mr. Savage's Office as the
result Of an advertisement which appear
ed in a New York newspaper on the day
before. lie 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.
Valentine was pale and haggard, his
clothes were disauanged, and his gene
raj appearance was that of a man who
had suffered much.
Mr.. Savage said to him: George, your
father will help you if he can. Unless
you will tell us the whole truth you may
as we'll go out that door at once"
Il Will tell you everything. and do as
you say. l can stand it no longer" he
replied.
ARE YOU A DEFAULTER? YES"
every we'll; are you a defaulter?"
''Yes. l am" lie spoke with a forced
! calm and his hand tremblcd violently rs
he rested it upon chair to support him
/ self. lie stood with downcast eyes and
averted face.
as IT Sj0@)?"
ct is more; il IS twice that, and more"
When he said that his father sunk IN
| a temporary collapse into chair ana
remained speechless and mOtiOness for
several moments. When he revived, his
son continued, slowly Il will tell you all
and have # over. | do not know how
much 1 have taken" he hesitated, and
| then went on: mo. not taken, stolen IS
| tho word. ] don't know how much. 1t
! is all gone. and the stealing has gone
on for a long time. But as there is a
! God above me, ] hoped until the last TO
make q lucky gamble and win enough 70
! pay back everything. Then 1 was going
TO stop.
4 GILT-EDGED TIP on STOCK.
NV ruin dates back to when l was
given gilt-edged tip on gas stock by a
man who should have been in a position
10 know. and who said it was going away
up. / took 5000 from the bank funds.
| lost il almost I'm a day. From that time
tin / made my last gamble on Monday
when / lost $500 which ] took from the
| Perth Amboy Savings Institution, l tried
10 catch up my losses. OF course, l fail
cd
"AIl I have I'm the world of my own, as
stand here, is 6 cents
HIS TERRIBLE SUFFERINGS.
After reciting how he had lost his last
dollar in Wall street and had gone with
out food because he had no money; how
he went from doorway 10 doorway I'm New
York getting a little rest in each when
he had no money TO pay tor q hotel-room
Valentine said his attention was attract
ed bv personal" notice in newspaper
he had picked up, and he teiephoned %
the number given "NoW." said he. 81
am ready 10 give myself up, If you think
that / should. and expiate my crime. /
cannot now say how 1 feel in regard to
nv wife and children. II is too much;
l am overwhelmed"
When he finished, Valentine broke
down. As he had no money his rather
supplied him with some. On Friday ne
gave himself up.