davidaulloa/AmericanStories huggingface dataset:
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16
Bank Clerks Tempted.

And In this connection let me re-
mark that while the bank officer is
surrounded on all sides by temptation,
and some criminally use the banks
funds, one must not for a moment
think that they are the only ones
connected with the institution VINO
are subject TO temptation and who,
far too often, listen to the voice OF
the tempter and become defaulters.
Every clerk in the bank, whether he
handles a dollar OF the banks money
OF not. Is subject to many, If not all
Of the temptations that beset his st
perior officer. The defalcations by
the clerical force of banks can be
traced to nearly all the causes enum-
Grated as being the cause Of defalca-
lions by officers.
But at bottom the fault is with
the officers. Many a bank clerk who
has been unfaithiul to his trust and
has used the funds Of the institution
with which he was connected for
speculation. in the stock. grain or cot
ton market, or for games of chance at
tho gambling house. OF for betting at
the race track. or for extravagant llv-
ing, etc, has been encouraged TO take
his first false step by the loose man.
ner in which the affairs of the bank
were conducted and its accounts kept.
He saw the slip-shod way in which
things were done. by every one con.
neeted with the bank. that clerical
errors in the books we're not located
and corrected, and that general mis-
management prevailed. Is it any Won
der that he used the funds of the
bank and took the chances Of detec.
tion with such a condition of affairs
surrounding him? The marvel is that,
under such conditions, more do not
succumb to temptation.
THE defaulter who is merely a
clerk in the bank and whose misdeeds
are usually traceable 10 a lack of prop
er supervision Of his work by his
superiors is generally brought to book
for his dishonesty. He is usually con.
victed, poor fellow. He has no infiu-
entail associates TO use their power to
shield him. He has no money or
wealthy relatives or friends to employ
able criminal lawyers to defeat the
ends of justice The bank officer. on
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

every day, the very large areas which
have been and win be planted will
undoubtedly seriously affect present
prices as soon as large areas have
commenced TO bear At the present
cost OF production and at the present
market returns the profits are enor-
nous II prices fall to a third Of those
OF the present day, plantations already
In operation win be able to continue
TO produce rubber at a profit of at
least 100 per cent It will doubtless
be with rubber az Il has been with all
other raw products-that the cheaper
ing Of price will increase the consump-
tion. The profits already obtained
from the cultivation of rubber have
been responsible for much extrava-
gance in management and operation
No one can predict at what period the
fall in prices viii begin, but It viii
probably not be for another ten years
at least and may not be In twice thar
time.
The best way to keep up the price
Is to produce only rubber OF the best
quality or OF as good quality as IS
compatible with normal rather than
extrayagant management When
prices begin to go down the planta
tions which win first feel Il will be
those in locations least suitable to the
grL th of rubber trees, or those whicn
are overcapitalized or mismanagee
The Ceara variety of rubber tea
grows in Hawaii better than in It's
native habitat The raDidlty and
vigor OF growth on the plantations Of
the island Is remarkable. Many trees
show a growth of from 10 to IS feet
or more during a single season. wiih
girth measurements in proportion
While the trees on the Hawaiian plan
tations are more or less subject 10
fungus diseases and insect attacks. no
specially-destructive disease and qs
insect pest peculiar to this plant alone
has as yet gained entrance to the
territory. The diseases and pests are
those affecting forest trees fn general
The methods Of tapping which th6
Hawaiian station has developed and
the preliminary experiments already
made indicate that healthy average
trees OF the Ceara Variety, which,
have attained a trunk diameter Of six
to eight inches at three leet from the
ground, will yield from five 10 ten or
more pounds Of crude rubber eacs
per annum AS most Of the Hawaiian
plantations have made their begin
nings on the prospect OF securing Ga
pound of rubber per tree per a1nnm
at the end Of hve years, it is the
sanguine belief that the cultivation OF
rubber trees Of this variety is on as
sure and firm foundation III La
waii as in any other part OF the
world Furthermore. the Ceara va
riety seems better adapted to Has
waiian climate, soils, and conditions
than any other rubber-producing uee
which has as yet been introduced It's
extreme rapidity Of growth and iss
adaptability TO widely-Varying eondi.
tions of soil and climate. its large
yields, and its early maturity Indicate
that its cultivation viii be the most
advantageous
q
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16
First Step to Ruin.

Too often this person starts to lead
the gay life before he has got the
sudden wealth. He aces the rich Gus.
toner Of his bank rolling up TO the
door with a big deposit or to get a
letter of credit for trip abroad. He
suspects--perhaps rightly-that their
money came by some financial leger-
demain as his New York friends have
described with so much relish. Per
haps, he tells himself, It isn't their
money at all Why then, shouldn't
he manipulate it for his own gain;
why isn't 1t anybody's to play with
who can get his hands on it? The
life he has seen. the methods he has
learned are destroying his sense of
property. He is somehow getting it
into his head that this money placed
IN his keeping is sort of common
property and that, so long as he can
keep his books looking technically
right, he may iuggIe with it for the
benefit of his own personal pocket.
He really comes to believe. seriously.
that this is so.
Indeed" said Mr.. Moxey with a
certain stern tingle in his voice, 'tAe
attitude OF trusteeship has suffered a
shocking change in recent years. |
say in recent years, not because I am
one of those pessimistic old fogies
who think that people generally were
more honest in other days, which they
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

the sight and example OF It, which is
bringing about degradation Of the
sense OF common honesty throughout
the country. That fine American as.
set, the New England conscience. has
become an object OF jest. And, as |
said, New York is to blame. AS in
all other matters. theatrical. literary
and artistic. the other cities and towns
take their cue from New York. AS
New York lives 50 they all wish to
live. To-day In towns as small as
25,000 population there are springing
up all-night grill rooms with Hun
garIan orchestras, wherein the young
business men OF these communities
must f0regather If they are to be fl
the social swim with their local smart
set.
"The young banker or business man
IN the smaller community comes to
New York. He is taken in hand by
his business acquaintances here and
shown about the town. His hosts
spend money on scale which dazzles
him They take him TO luxurious
hotels and cafes where they and the
head walters know each other by
name and where he is introduced to a
scale of living fit only for men OF
millions. He wonders how his friends
manage to share in this prodigality,
and bit by bit he finds out They tell
him funny stories Of transactions
which. reduced to a proper financial
analysis. are defalcatons pure and
simple or. at best plain gambling.
Eve ybedy does IT, they say; it's
part Of the game And back to his
home town goes the young banker,
filled with dreams Of sudden wealth
and all the gay life that goes with it.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16
ket as lamb. and In consequence 10
thoroughly fleeced.



But there are many. many causes. I"
continued Mr.. Moxey with a brisk lit.
tie sigh. "A large bank In one Of our
eastern cities was wrecked through
the speculations OF it's president Ia
stocks another one through specu.
latlons OF its cashier In the
same market. Some YEARS ago a
large bank in the middle west was
wrecked by IT'S vice.president in an at
tempt to corner the wheat market
while a bank in a southern city was
wiped out of existence by It's presi-
dents and cashiers speculations in
the cotton market. The number Of
cases that could be cited are in
numers ole. and there is not section
Of the country that has escaped. The
number Of bank wrecks piled upon
the financial beach Is a silent monu'
ment to this truth.
"But no president, vice-president
cashier or assistant cashier of a bank
can use its funds for his own profit
without the fact being known 70 al
least a portion of the clerks. and 1t Il
through their silence or stupidity re
garding what is being done in theiT
presence that bank officers are en-
abled and. in many cases, encour
aged 20 take the banks money. II
bank clerks would do their full duty
there would be fewer cases Of defalca
tion by the officers than in these
sorry times.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

ing according to the size of his opera
tions and the fluctuations of the mar
ket, before he is hopelessly involved
and financially unable to return the
money of the bank which he has used.
He now speculates more wildly than
before. and upon much larger scale,
with the hope that one fortunate turn
of the market will enable him to make
enough money to square himself with
the bank. In his case history only
repeats itself He went into the mar
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

Mrs. McGillicuddy. thinking her hus-
band was rather late in coming home
on Saturday with his pay, went to
the police station In inquire Ii ~
was there.
rs my Pat ere?7 she asked.
mo- replied the inspector on eu-
ty, but sit down: we're expecting him
every minute.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

Or. Martha Hughes Cannon, former
ly a state senator of Utah, has gone
to live In California with the intention
Of helping the women Of that state to
get equal suffrage. He is described as
powerful and witty speaker.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16
Laws Not Enforced.

Laws Not Enforced.
And let me make my opinion en-
phatic that the laxity with which the
criminal laws Of our land are enforced
by many OF the judges OF our courts
has much to do with encouraging bank
officers to misuse the funds in their
keeping. These officers see too many
cases OF the difficulty in eonvicting q
dishonest bank official when defended
by shrewd criminal lawyer, and they
are therefore willing to take the
chances Of detection, and even the
results Of a trial, before the too FIRE.
quent Judge whose Interpretation of
the law, admitting Of evidence and
charge TO the jury, are all IN favor OF
the accused.
There are many direct causes for
bank defalcations, but the primal
cause Is the desire for luxury fostered
in the great cities. OF late years the
chief immediate cause is the using OF
the banks funds TO promote enter
DAAnEo III WNitu Nut bAtih = tAAtAtA q
have interested themselves. In many
cases the bank officer is made an
officer OF the outside corporation
which fact is heraIded to the world
with all the advertising skill Of the
promoter. and upon the reputation OF
his name many are induced to buy
stock Now, one OF the main reasons
which animated the promoter In finan-
cially interesting the banker was that
II at any time the concern required
financial assistance-which is invari
ably the case-it could readily be
obtained through him from the bank
of which he was an honored and
trusted officer. Experience shows
that what was at first a small loan
soon increases in amount until a
point is reached which means disas'
ter to all parties interested II addl
tional aid IS not given. Then It is
that the demand for money must be
met TO prevent the bankruptcy OF the
new corporation and the consequent
loss not only of the money invested
by the banker and his many friends
but also the loss of his own reputa
ton as a financier and a man of in
tegrity.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16
Glitter Of Speculation.

Glitter Of Speculation.
"Then, too. it often happens that
instead of becoming financially inter
ested in new projects or outside bust
ness enterprises the bank officer sue.
cumbs TO the seductive influences of
speculation He tries his hand in the
stock. grain or cotton market with the
belief that in this way he can amass
a fortune In a short time and without
EFFORT.
"He pursues the same method that
is followed by those who buy or sell
stocks. grain or cotton on a margin.
His whole idea is to get rich quick.
and in order to accomplish this he
either buys or sells the largest
amount possible with the smallest
amount ehat his broker will accept as
margin. A slight adverse change in
the market price of the commodity
or seeuIity in which he is speculating
wipes out his margin, ana a call from
his broker for additional margin to
carry the transaction must be met.
Having exhausted his own money,
aud being convinced that his ideas
as to the future course of the market
are correct, he makes the false step
OF borrowing money from the bank
and using it as margin with his
broker.
1T is only a question Of time, vary
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

the other hand. having what his clerk
sorely lacks, too often escapes the
Just punishment which his criminal
acts demand"
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

Stranger Tin Gotham) This il .
pretty rough part Of she city, isn't it1.
Cahby- Yes, sir; this is Crater Mes
YoTk. Chicago Tribune.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

were not, but because It has been my
experience nf many years that these
periods OF defaIcation come In cycles.
Whatever the cause. there are cycles
OF honesty and cycles OF dishonesty;
and the present is a cycle OF dlshon-
osty with It's cause IN modern stand.
ards Of enjoyable living.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

England Cycle OF Ds.
honesty o LUXURY
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

When into restaurant two o'clock
behold Sooco
food IN OF consumption, something
at this life a
Of the OF honesty"
aSy by
Of the judges courts has much do with
the funds IN their keeping"
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16
..New York Is b bIame Id b e

New York is 10 blame for IT,"
Gray-whIskered. gray-haired, gray
eyed. gray-eIad. a slender gentleman
Of astonishing neatness and certain
amiabla precision OF speech leaned
back In his office chair with his hands
behind his head and smiled alertiy,
writes Prank c. Drake, in the New
York World Such is a first impress
sion Of Edward r M0xey. whose Off
cial title Is Expert Bank Examiner
for the United States Department Of
Justice and such we're his words in
speaking Of the epidemic OF bank de-
falcations which has been sweeping
over the country.
Whereas Mr.. Moxey's business is to
Tit about the country and peer unex-
pectedly over the shoulders OF the
cashiers Of national banks here and
there in order TO find out II their cash
balances are all right; and whereas
Mr. Moxey had found some 80 of these
gentlemen with their cash balances all
wrong and to their great grief and
amazement. has put them in the poni-
tentiary: and whereas Mr.. Moxey.
fresh from sending John r. Walsh of
Chicago to join the others. has come
TO New York to look into the book
keeping Of Charles w. Morse and Al
fred II. Curtis. on trial for trying il
Is alleged. to buy national bank
with its own money; therefore does
the said Edward P. Moxey speak with
some authority of banb defalcatlons
and their causes.
You mean the .Bros way New
York; | asked.
"Broadway" Blamed.
4 mean the broadway New York.
he answered quietly Il mean the
gorgeous hotels aud restaurants, the
bars. the gambling houses. the myriad
theaters, and palatial apartment
houses. the turning of night into day.
mean the food Of money in New
York upon which this life is borne
along, the craving for vast incomes
by which alone such a life can be
lived
''To say that even bare majority
of the tens of thousands Of men who
nightly swell the crowd Of amuse-
ment-crazed spenders, who live in
$4,000 apartments, and whose touring
cars congest the streets, are doing
this with money which is honestly
theirs Is absurd. They are not earn.
ing this money; they are either Jug
Cling other peoples cash or they are
gambling with their own. When you
can 90 into a restaurant at two o'clock
In the morning and behold 100000
worth of women's gowns at the tables
and $4,000 worth of food in process
Of consumption. something is wrong.
And when you observe half a million
dollars worth of automobiles waiting
to take this one supper crowd to their
homes-or elsewhere-you may be
sure that there Is queer bookkeeping
somewhere.
All Copy New York.
1T is not only this sort Of life in
New York. but In more siniasse say.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1908-12-16

All Copy New York.
1T is not only this sort Of life in
New York. but In a more siniass@ say.
The morning journal-courier., 1908-05-14
CITY NAMED CO-DEFENDANT
First Suit for Depreciation of Prop erty Through Cut Work is
 Brought.

The city ot New Haven was yester- day made co-defendant with the New York, Haven & Hartford Railroad com pany In q suit for $6,00O damages brought by Thomas and Mary A, Shaughness for depreciation alleged to have been caused to their property In connection with the cut work on the railroad cut in this city. The shaugh- nesses own property fronting 30 feet on Walnut street and 75 on Wallace street on which Is situated three-story building. They allege that In connection with the work which was done by the road with the permission and consent of the city a change of grade was made in the street in front of their property which depressed one end of their prop erty some four feet below the present street surface and that not only did this affect the value of the property btu actually resulted in practical dam age thereto, It is claimed that water now running In the street flows back on to the property, undermining and damaging It.
 In the allegations it is set up that the property was. formerly valued al sS,5O0. whereas 1t has present value of only s2,500. Damages of s600O are claimed and claimed and an attachment for slo,0oO accompanies the writ. The papers were served yesterday after. noon by Deputy sheriff Peter McNer. ney.
The morning journal-courier., 1908-05-14
PARENTS SAW ACCIDENT
Mir. and Mrs. Cronoguc May Be Cor
 oners Witnesses.

The tragic death of little Walter Cronogue, the i've year old Nicoll street lad, ho was struck by the auto mobile of Leander A. Farnham. in front of his home and who died at the New Haven hospital a few hours later, was rendered even more touching by the fact that the fatal accident occur rcd in front of the eyes of the child's family. The father and mother of tho little boy were sitting on the reranda in front of their home at the time the accident occurred, but were unable to avert the tragedy A uncle of ;he lad was also with them. All will probably be questioned in regard to the acci- dent by Coroner Mix in his investiga- ton which will probably be complet- cd to-day.
 The coroner started his hearing yes telday in his Investigation of the death of the boy, Several persons were heard in connection with the case, but the coroner announced last night that he was not then prepared to render his finding in the case.
The morning journal-courier., 1908-05-14
ARCHBISHOP COMING
To Address National Convention of c. T. A. U. to Be Held
 Here August 11-14.
800 DELEGATES EXPECTED
Temperance Societies from All Points of the Country to Be Rep
 resented.

At meeting last night of the com mittee of 35 arranging for the national convention of the Catholic Total Ah stinence Union of America, which is to be held in this city the dates for the session were fixed and it will be held on August il, 12. l3 and IA. During those tour days the local societies will entertain over 500 delegates and their guests from all over the country. The sessions of the meeting will be held in one of the local theatres, which one not yet being decided on, and some in- teresting addresses are looked for
 Plans for the convention have been under way for some time and are now about complete Some of the leading Catholic prelates have been communi- cated with and invited to attend and several have already accepted. Among them is Archbishop Ireland who will deliver an address, and following his much-quoted remarks on the temper teresting discourse is looked forward to. Cardinal Gibbons is also expected to be present, and will be, providing other duties do not prevent.
 Aside from these, Archbishop Keane of Cheyenne, who Is president of the National Union. will be present and preside at the sessions. Vice President Leonora M. Lake of st. Louis and all the other national officers will also be in attendance during the week of the convention. The two officers mentioned are well known speakers and never fail to interest. Bishop Keane has just completed tour of New England, in which he delivered many sermons, several of which were in this city. Miss Lake is one of the most celebrat- cd women speakers of the country and l has also been heard here.
 To complete arrangements for the national body, National Secretary Ed ward Mulready of Rockland. Mass, will meet with the local committee on next Sunday. At the meeting final de- tails will be gone over. As welcome the delegates of the convention and those of the state convention of the A O. H., which follows immediately after the city has appropriated sum with which the green will be Illuminated as in previous years.