The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1906-08-10
ghtInquiSition of CASH
ier Herring Brings
Revelations.

CHICAGO. Aug 10.-During the ex-
animation Of Cashier Herring. Of the Mil
waukee Avenue State Bank. a sensa-
tional book came TO light, showing
Steusland IN a new rOie-spOrt and race
track gambler The book showed that
the missing president. in company with
a coterie Of friends. was heavy
plungeT on the races.
It contained memoranda Of the cam
paigns ou the turf. one day stensland
and his associates bet $1,000 70 win
SCI, ,O00 on a horse called General Bragg.
The animal won. There were many
losses, however. 20 Offset this big win
ming.
This shows" said Herring, that I'm
not the only fellow around here who
followed the ponies"
Herring Questioned Eight Hours
After eight hours OF searching ques-
tions Cashier Herring was taken 10 "a
hotel at midnight in the custody Of de-
tectives. The night inqnisition was
spectacular aTair. Herring was hurried
to the wrecked bank in a closed carriage
and for hours was in the vaults beneath
the street level. Because Of his suppl
cations a guard Of seventy-0ve police
men and detectives surrounded the bank
10 protect his from possible mob vio-
lence. Not over one hundred persons
were in the street. however.
When he was excused for the night
with a promise of another interesting
day. the authorities felt confident they
could convict him Of forgery. embezzle-
ment, ans violation OF state banking
laws.
one Of the most startling discoveries
was the unearthing by Herring Of a pTi-
vate ledger kept by President stems
land. in which was concealed $4,000
Of savings bank deposits
This account was kept a secret. was
never included as a liability Of the
bank. and was never so reported 10 the
State auditor
Stensland's Arrest Expected Today.
Ii is expected that President Stems
land will be in the custody OF the Chi
cagO police today on information re-
ceived from Henry w. Herring, the
cashier. and his aCcOmplice in vast for
geries.
Herring. it is declared. betrayed Nis
chiefs hiding place. and immediate
steps were taken 10 follow up the clue, /
suit in s.ensland's arrest before the
day is over.
Strict secrecy is maintained by the
authorities as TO the embeZzler's
whereabouts, but the impression was
given out that he was in Chicago. An |
other report had him on board a steam !
er bound from Duluth 20 Port Arthur. /
Ont. on the north shore Of Lake Su- /
perior. where he was TO be arrested on
the arrival Of the boat.
Young Stensland Makes Secret Trip. |
FoiIowing this disclosure came the /
sensational news OF a secret trip made I
by Z, eodore Ster Land at an early hour 1
today, which. il is reported. has had as J
its mission nothing less than a person /
al interview with Stensland himself.
This trip, it is claimed. followed a
conference Of the officials OF the bank
and the cooperative store. which is 4
vitality affected by the crash, held at 1
the home OF ole Stensland. on MontiCelH 1
avenue. at an early hour this morning, 1
for the purpose or receiving the $500. 600 1
worth OF securities. agreed to be deTiv- /
cred by Theodore Stensland at the time 1
of his arrest yesterday.
There We're present at the meeting 4
Theodore Stenslann. Ole Stensland and 4
the chairman Of the finance commit !
tees Of the nank and store While the /
situation was generally discussed, the /
expected messenger bearing the securi- /
ties failed tn appear.
No Securities Received.
Theodore stensland appeared to be in /
great distress. and bemoaned the alb I
sence of the securities. He telephOned /
frequently here and there. ostensibIy
with a view 10 hurrying the expected
At l o'clock Theodore Stenslaad left
the house and drove westward at a
furious gait. He returned two hours
later, his horse covered with foam. but
he refused TO say whittier he had gone.
or where he had spent his time He
stated, however. that he was trying 10 /
secure communication with his father
The conference broke up at O'clock
without the expected securities having
been received. Theodore Stensland said
Continued On Second PageO