Waterbury evening Democrat., 1906-09-04
STENS|AND MADE CONFESSION TO-DAY us Ssys Cashier Herring Was tho Felgsr and Got Most of tho
 Money
Ex0hERATES HIS OWN SON
Glad He Has Been Caught and That He is No Longer .
 Wanderer.

CnlcagO, sept. IA Cdplo u0S- patch to the Tribune from Tangier says: Paul Stansland's confession, made to Assistant States Attorney Olsen yesterday clears up much of the mystery surrounding the events leading up to the crash which in- volyed the ruin of the Milwaukee avenue bank.
 He took much of the blame upon himself, but declared Cashier Her. ing was the forger and that Herring got most of the money. He exon- erated his son Theodore, and the bank directors. He declared 1t lie that he had spent any money on Leone Langdon Key or any other women. He declared that he never spent more than $5.000 a year him self, and that all the money he stole he put into real estate or invest ments in the hope of making good. :"
 In his heart of hearts he was glad he was no longer wanderer on the face of the earth.
 Why" said he, think of signing . name not your own! It is worse than stealing. l did not know 1t would be SO hard to be fugitive"
 Stansland did not delude himself either with the idea of escaping punishment.
 You have not been found guilty yet; you havo a chance to make a fight In court" was suggested.
 Stansland laughed and said: T know what Chicago jury will do to me. know Chicago justices.
 He said he had made up his mind to flee on the Thursday preceding the Sunday in which he left Chicago. All "Wednesday night he wrestled with the problem whether to blow his brains out or run. In the hours of darkness he decided to kill him. self, but postponed the act until dawn and with the sunlight came the primal instinct to hold on to life and flight won over death.
 His preparations were hurried. He had surrendered his life insurance policy for $5,000 and had received 18,00O d commission on the s,ie of the property of the Cooperative store to the Northwestern Life Ja- surance Company. which had held mortgage lein on the premises. He drew $l.50o as salary from Mount Olive Cemetery Association. This was all the money he had taken with him.
 Why with million of dollars cash in the bank did you not take more"
 'I could have taken quarter of . million dollars without doubt" said he. "but l did not want to, I never took one cent of cash from the bank and put in my own pocket. l never took dollar belonging to other people"
 Stansland's health at first was ;,ot the best. When he boarded the train on the start of his flight hc tainted and was unconscious for q | while. On board ship ne wns again | stricken and for four days was on | his back. In his frs. few days In | Tangier he was far from we'll and he | went to Spain. knowing the risk he | ed as protected soil.
 Stcusland made no attempt to deny his guilt, and only tried to minimize 1t. His confession began | with a statement that he was sur prised to learn that the tota lose in- volved in the banks failure would reach ss.000,000. He scid:
 "I cannot understand how the shortage can be $2.0O.000. To my certain knowledge my liability to the bank does not exceed $500.00. Any thing over that must have been stolen by Herring.
 My Indebtedness began a long while ago. in 1896. It was a sm:N amount. and God knows I never intended to steal. I was in a tight hole and needed money. put my own note. genuine, not forgery. in the box. Then it was suggested to me that the bank examiner would stand for 1t. and he did"
 'sWho suggested it''
 Herring. It was the beginning. He pointed out In a roundabout way at first that 1t was easy to obtain money that way. Then when my own notes became too numerous he sug- gested the forgerfes."
 And you aequiesced"
 "Yes. First he tempted. then he urged. and 1 fell. Ever after I was in his power. He owned me body and soul"
 How many of the forseries did you do yourself,"
 Not one. Herring. think. did a4.."