The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1910-07-26
DEF AL CATION IS
NOW PLACED At
100000
One Of the Largest in History
Of American Banking
BONDS AND STOCKS TAKEN
Search Instituted for Missing Cashier
of Russo-chinese Bank of New
York

New York, July 26.-"Wanted: Err
win Wider, about-S2 years old, five
feet five inches in height; weighs
about 1876 pounds; swarthy of com
plexion, with a small black moustache
curled at the ends. Wears rimless
nose glasses, talks with a German ac-
cent and is timid in address"
Such is the general alarm sent out
by the police for the missing
cashier of the Russo-Chinese bank, al
though the district attorneys Office
said tonight that no aid had been ask
ed of them by the bank and that no
application for a warrant had been
filed.
But this is only one mysterious feat
ure OF what is now admitted to be the
most serious defaloation in the his
tory of Wall street since Cornelius
Alyord stole 100000 from the First
National bank, served term in Sing
Sing and then retired to the seclusion
OF princely country place.
When the Russo-Chinese bank first
made public the fact that its strong
box was short, the amount was given
as $4,000, all In negotiable bonds, a
list of which was furnished. Yester-
day afternoon the amount suddenly
jumped 10 100000 of which the ad-
di ioial S520,000 is said to be in
stocks partly owned by the bank and
partly by its customers.
10 positive statement has been
made yet as to where these stock GER
tificates now are. and no list of the
certificates or their owners is avail
able.
INSPECTOR +. Markowski now in
charge of the New York branch Of the
bank, is convinced that Wider had
an outside accompllce. when Wild
er entered our employ" explained In
spector Markowski tonight, "he was
modest. exemplary clerk. Within
the past year feel sure that some
man OF strong personality has gained
control of him and changed his whole
personality. l am satisfied that WI
der did not steal Of his own volitlon
or on his own initiative"
II is perhaps with a hope of laying
hands on this man that the bank has
dealt SO delicately with Wider. His
counsel, r. Ginsburg, has said from
the first that the bank was In touch
with Wider. and even last night af-
ter the general alarm had been sent
out he reiterated: They know
where he is just as we'll as / do. II
was intended to have my client come
forward at the proper time" said the
attorney, ito take his medicine; but
Wider objected TO being locked up in
the Tombs this bot weather. when he
might be unable to get bail. That
was his only reason for keeping out
OF the way. There was a gentleman
agreement that the loss of the securi
ties was not to be made public at this
time. The plan was to restore them
without loss to the bank in the fall ;
but instead of carrying out the agree
ment the police have been put on the
case and have been logged by de
tectives."
Il want to say that II was not In
spector MarkowsH who discovered
the loss. He knew nothing of ii, noI
did any one at the bank, until my
client confessed"
1T was known that at least the
stolen bonds had been hypothetical
with brokers, and that the bank knew
where they were. The names OF these
brokers are still withheld, but the
list Of possibilities narrowed down &c
two well known houses. I'VE shall
institute suits to recover from tn,
Wall street firms the securities they
obtained from Wider" said Inspector
Markowsh "They must have known
that he did not own them; they ought
to have known that he stole them"
The Russo-Chinese bank Is credited
In Wall street with capital of Si5.
100000. but Il could not be learned
what assets or capital is credited e
the branch in this city. The New
York branch is not under the jurlsdic
ton OF the state banking department
as II does not attempt a regular bust
ness In deposits. but makes loani
/ uftfh fnr.toan funHu