The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-07-26
YORK, July 20 genera

NEW YORK, July Pa general
N alarm was sent out by the police
today for trace of Erwin Wider,
missing cashier of the RuSsO-ChineSe
bank. although, oddly enough. the dis
trict attorneys office said tonight no
aid had been asked of IL from the bank
and that no application for n warrant
had been filed.
OF series said to have kept step with
every development of what II now adj
mitted 10 he ut once the most puzzling
and most serious defRIcatlOn I'm the
history of Wall street since Cornelius
Award stole SGOG.OOO from the First
National bank. served N term In Sing
Sing. and then retired 90 the seclusIOn
Of n princely country palace.
When the Russo Chinese bank first
made public that its strong box was
short. the amount was given as $4,000.
all in negotiable bonds, a list OF which
was furnished. This afternoon the
amount suddenly Jumped to $500, 600,
OF which the additional $500 200 is said
to be in stocks partly owned by the
bank and partly by its customers.
No positive statement has been made
yet as 10 where these stock certifi-
Gates now are. or with what intent
they were stolen. Inspector r. r.
Markowslxi. now In charge OF the New
York branch Of the bank in the absence
on vacation Of Manager Gertz. SAYS
he Is convinced Wider had an outside
accomplice.
explained Mr.. MarkOwski tonight me
was q modest. exemplary clerk. With
In the last year i feel sure that some
man OF strong personality has gained
control OF him and changed his whole
personality. I am satisfied that Wider
did not steal OF his own vOlition or on
his own initiative"
IL is perhaps with a hope OF laying
hands upon the power who shaped the
cash to his own ends ;hat the bank has
dealt so delicately with Wider. His
counsel and neighbor. l.. r. GiDsberg.
has said from the first that the bank
was i'm touch with Wider and even to
night after the general alarm had been
sent out. Dir. Ginsberg reiterated:
They know where he is. just as well
as 7 do"
Ginsberg was quick to supplement
this statement with two qualifications.
First. he wishes il understood that in
standing with the bank he is not try
ing TO compound a felony. and second
~. he charges bad faith by the bank.
objects 20 Being Locked Up.
ct was intended to have my client
come forward at the proper time, said
the attorney. TO take his medicine {.
but Wider objected TO being locked up
IN the Tombs this hot weather, when
he might be unable TO get bail. That
was his only reason for keeping out OF
on the second count Ginsberg spoke
with emphasis. liner, was i a gSht ne
securities was not to be made public
at this time" he declared The ulan
was TO restore them without loss TO
the bank In the fall but instead Of
carrying out the agreement the police
have been put on the case and 1 have
been logged by detectives.
Il want TO say 10 was not Inspector
Nafkowski who discovered the loss lie
knew nothing Of IL. nor did anyone
else in the bank until my client con-
feSsed."
n was known yesterday that the
stolen bonds had been hypOtheca ted
with brokers and that the bank knew
where they were. The names OF these
brokers are still withheld. but today
the list OF possibilities narrowed down
20 two well known houses.
I'VE shall institute suits to recover
from two Wall street firms the secur-
tiles they obtained from Wider" said
Inspector MarkOwskL They must
have known that he did not own them
and they ought TO have known he
stole them"
The Russo-Chinese bank is credited
in Wall street with a capital OF SIS
10000. but II could not be learned to-
day what assets OF capital are credited
q the branch in this CITY.