The daily morning journal and courier., 1907-02-21
WALKERS LETTER
 IS MADE PUBLIC
WRITTENTo PR ESIDENT CORBIN NEW BRITAINSAVING BANK.

NANAlHf OL
 There Were Irregularities in the Issue
 of Certain Bonds Which Must he Cor
 rected-He Took the securities to
 New YO-k and Has Not Seen Them
 Since-Head Troubled Him.
 New Britain, Feb. 2O.-The following letter, written al Hotel Cumbarlain. New York, without date of the missing treasurer of the Savings Bank of New Britain, W. F. Walker, to President Philip Corbin was made public to-day:
 MT. Philip Corbin:
 Dear sir: Some time ago it was stat ed to me by a representative of one of the bond houses that have long traded with that there had been a wrongful use of certain bonds, and an over-issue of certain others that we have our chased, an dsome of which we had held for long time. He also represented that similar bonds were held by other banks in the state and that onlv a presentation of the bonds of the efscal agencies would determine whether they were good or not
 T was completely astounded at such a statement, and commenced at once to investigate 1t. Then it became neces- sary to present the bonds, and l took them down to New York for that sur pose I was met by three gentlemen who had long been with the house and taken to a room at their offices, where it was stated that the whole bus mess could be done through them, and I was given receipt for the bonds. Later 1 was told that the bonds were all right, and if I would send receipt or bring it I could get the bonds back again. I went to New York for that purpose but was put off with the state ment that all were not ready and to come again later.
 "Tery recently have discovered that this representative is and was no long CT wit hthe house referred to, and l was at once suspicious that some sort of confidence game was being attempted. The amount involved is very large, and the matter has so upset me that 1 am nearly frantic. I came down this time for medical treatment, but also deter mined to have the mateter settled up, Beut I have not vet gotten satisfac- tion and I am more and more convinc- ed that I have been the victim of a swindle, and have been outra~eously robbed" :"
 My head is so wild that cannot tell you just what the bonds were. There Were the Omaha 6's-a large amount of them-some Pacific Westerns and few of one or two other issues held as an investment and a few held as -col lateral am writing you tlis how be- cause have arranged to meet these parties for a final adjustment on Sat urday afternoon. I am more than ap- prehensive that a desperate game will be 'ayed, and the experience may cost me my life as well as the terrible loss I have mentioned. I shall resort to desperate measures and do not know the result.
 q have kept this matter to myself (which was a mistake at the outseD because l have believed it must come out all right, and I was determined not to put the anxiety and trouble upon any one else. You may not believe it, but my greatest grief if this does not result all right, will be that the burden must come upon you so largely, whom I have so highly esteemed. You can not imagine what this means to me.
 For thirty years I have labored for the bank, working by day and thinking by night what could be done to build 1t up and make it a strong institution 1 have been many times told that 1t was regarded as one of the best, in it's condition and line of investment have not stopped at any personal sac rifice to have this be the case, and want to assure you whatever may be the outcome of this trouble, that l have not been benefited by it or by any otiler transaction to the amount of one dollar. No gain has been received by me and no loss will be because 1 have been the gainer. I am almost dead with the anxiety and shame of this matter. To think that all this loss if it does come, should come after so many years of success is more than r can bear, and I am terribly anxious about the result to the bank.
 T have been thinking this over day and night, for I have slept little for weeks, fearing the result. 1t seems to me that some way musutu ube ar ranged not to let this loss become pub in i,,1, .lt astrous run that would be g great in- jury to the bank. have tried to think it all out what could be done in place of need, and it seems to me that the only way would be to put back pre- miums on bonds and other things that we have charged off (you ucan imagine with what pride 1 have done it) mak- ing up the book values enough to cover until they can be putu back from the earnings. A whisper of such a loss would be disastrous, and if the em- ployes and directors, who must know, could be induced to maintain silence, I am sure that it would be vastly better for the bank.
 q do not mention this for my own sake, if it proves that I have made sucha mistake. am deserving of the severest condemnation, whatever my services may have been worth in the past I am writing this letter and leaving it where it will be mailed in case any thing happens to me, l am oppressed with a great apprehension af trouble, and fear desperate means may be resorted to if my suspicious are cor rect. And yet I fear that I can not do otherwise than go alone, as I have done l don't know as you can read this-if it ever comes to you to read am so nearly nrazed that I ran nei-