Omaha daily bee., 1908-09-27

The amount that Albert appropriated to
himself is roughly estimated at close to
100000. The bank, several export firms
and manufacturing enterprises in which he
was interested and many individuals who
advanced him large sums of money are
the sufferers. 1t is intimated that the
king himself is a creditor to the tune of
100000
1t is believed that one-half has not yet
been told as to his schemes and fraudulent
acts. While he is awaiting trial there is
being gathered against him so much dam
aging evidence that the papers Of Europe
declare this to be the greatest scandal. Of
the kind of the northland Of which there is
a record.
Comparisons between him and Nasi, the
Italian politician recently released after
serving a sentence for a crime not unlike
that committed by the Danish minister
of justice, are made But unlike Nssi, it
can be taken for granted that no matter
what Alberti's term in prison may be, on
his release there will await hin no crowds
of admiring countrymen to sing his praise
and proclaim him a martyr and a hero,
as was the case with the Italian.
Surrender No Credit.
That Albert gave himself up to the po-
lice is no credit TO him, forJhe knew only
too we'll that escape was out OF the ques-
ton. When he resigned his portfolio in
June last 1t was on the pretext that he
was suffering from influenza. In reality
IL had been known for a long time that his
affairs were in a hopeless condition. Most
OF the newspapers had been attacking him.
But his friends rallied to his support and
loudly pronounced ~groundless all the ru-
mors in circulation.
Newspapers like Politiken, the leading
journal Of Copenhagen, had particular rea-
sons for continuing the warfare against
the minister of justice. The founder of
Politiken. Viggo Hoerup, had again and
again been subjected to vicious attacks In
print by Albert because of his radicalism.
When Hoerup died Henrik Cavling, the
present editor and proprietor, not only con-
tinued the Identical policy which his pre-
decessor had followed, but the enmity OF
Albert was a heritage that fell to him
as we'll.
The beginning OF the disclosures that
resulted in the downfall of this once fead-
Ing Danish statesman came when Politiken
took It upon himself TO investigate the
financial condition Of the bank. At the
meetings Of the board of directors the
newspaper managed TO have present some
one who could later give authentic in
formation. 1t dawned little by little that
there was something very wrong in its
affairs.
Then direct accusations were made
against Albert in Parliament. Among his
a~ccusers was Jeppesen-Borbjerg the social
democrat, who is remembered from his visit
to this country. DR.. Edward BrandeE,
brother OF Professor George Brandes' also
became prominent in his attacks on Albert
Albertis downfall followed.
His Life story.
Peter Adler Albert was born June 10
1851. His father was a ~well-known poll
tician In his day, a member OF the party
friendly TO the farming interests, and, "a
already told. the founder OF the bank which
formed a background for the sons specula'
tion. During his law practice the younger
Alberti organized a fire insurance COM
pany. lie also founded a great butter ex.
port business, which necessitated frequent
visits TO England.
His trip 70 London, Il IS believed, whil'
ostensibly for the purpose OF transactins
business for his firm, gave him an opPor
tunity OF attending to the personal matters
which turned out so unfortunately. Tina
the secrecy which he threw around hi
l transsstiOpf could not be msintsinsa in