The Minneapolis journal., 1906-08-09

Special to The journal.
Chicago, Aug. 9-The Chicago Trib-
une says this morning:
Henry w. Herring, cashier of the Mil
waukee Avenue State bank, looted by
Paul O.. Stensland of over. 100000,
Chicago since Monday morning.
The police department can call in its
circulars, take it's detectives off the
trail and rest assured in the belief that
at l 0 CLOCK today, or rather. one min
ute after ], Mr.. Herring will be in the
custody of Inspector Shippy. Herring
solutely cofdent that in short space
of time he can show to the satisfaction
of everyone concerned that he had no
part in robbing the $4,000 depositors Of
, the wrecked institution.
Yesterday the Tribune got on Mr..
Herring g trail and pourparlers were en-
to MI. Herring and Mr.. Herring wanted
to tell his story to the public.
The mutual wants were satisfied
late last night and from 9 p.m until
| IL pm. reporter and the cashier sat
| on bench in one Of the city's parks.
1 In these two hours Mr.. Herring told the
/ story of his connection with the bank
from the time Of his employment, sew
enteen years 40, until he closed his safe
last Saturday. =, E.-..
OF for Rest Only.
The cashier does not think he had
I been described as fugitive. It has
been said that he ran away from town
last Saturday and various surmises as
to his whereabouts have been put for
ward by the police. He is alleged to
way to Europe, to have sailed for the
far east, to be in Michigan and either
in or headed for every other spot Of
the habitable globe.
! AS matter of fact, when Herring left
the city on Saturday he simply went up
the lake for days rest. He reached
Chicago, Monday morning. got, on car
the car stopped on the corner he
jumped off, carrying his heavy grip.
Just as he reached the edge Of the side
walk he saw man pasting the notice
Of the closing of the bank on its doors.
Instead Of ascending. the steps. he
| Had Suspected Wrong.
The pasting Of the notice on the win
dow proved the elimination Of suspi-
cions aroused in his mind six or eight
weeks ago that things in the bank were
not right.
This suspicion was intensified by the
|
days absence that President Stensland
said he was going to take when he left
three weeks ago last Sunday. And sus-
picion became a certainty when he saw
the mob Of frenzied depositors around
the bank g door.
Herring thought he would like few
hours to think affairs over before he
jumped into. the financial wreck. After
} he reached a friends house he called
the bank g phone, but he got the busy
| signal a dozen times and finally gave 1t
up. Then he phoned an acquaintance
| on Milwaukee avenue, was told that the
7 bank had failed and further informa-
$ tion on the subject came to him in lib
eral quantities in the afternoon paper
/ extras.
Says He Is Innocent.
s Mr.. Herring is insistent in is state.
ment that he had absolutely nothing
whatever to do with any peculation Of
the bank g funds. He swears he has not
, brought to light. He asserts that altho
: cashier Of the bank he was merely q
y clerk for Stensland; that all he did
was to carry out Stensland 8 orders.
He declares that Stensland IS instruc.
tions were such that there was no way
:. on their face Of determining that any
! crooked business was going on; it was
a Ouly Gno CuiHiihdtioh W hunoSl VI
Z suspicious incidents and the piling OF
! note upon note to carry on Stensland'I
real estate operations that finally made
him morally certain that thievery wal
rampant in the institution.
Herring is heavy set, stolid indivfd
ual, looking not unlike Grover Cleve
!, land when he was governor of New
York. He has a good. square, homes
> face, with gray, unwinking eyes tha
look you thru and thru. Last night b,
had the repose Of an innocent man ant
the story he told bore every superfcia
m evidence of being true.
:. Blames Real Estate Mania.
Sc While defending himself with the nj
ut most vigor he made no valid accuse
le tions against Paul O. Stensland; b
" simply told what he said was q plair
ID unvarnished statement Of the rise o
: II cyAl = - r.