The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-26

NEW YORK, July a5.-A general alarm
was sent out py the police TODAY Tor
a trace OF Erwin Wider. missing cashier
of the Russo Chinese bank. although
oddly enough the district attorneys office
said tonight no aid had been asked of
II from the bank and that no application
for a warrant had been filed.
But this contradiction is only one Of
a series said TO have kept step with
every development OF what is now ad-
mitted TO be at once the most puzziing
history of Wall street since Cornelius
Award stole s6o6.O00 from the First Ma
tional bank. served term in Sing Sing
and then retired to the seclusion OF
prlncely country palace.
When the Russo Chinese bank first
made public that its strong box was
short. the amount. was given as $50 600.
all in negotiable bonds. list of which
was furnished. This afternoon the
amount suddenly jumped TO $500, 600, Of
which the additional 900 is said TO
be in stocks partly owned by the bank
and partly by its customers.
No positive statement has been made
yet as TO where these stock certificates
now are or with what intent they were
stolen. Inspector F. e. Marliowsk, now
in charge Of the New York branch OF
the bank in the absence on vacation of
Manager Gertz. says lie is convinced
Wider had an outside accomplce.
when Wider entered our employ" eN-
planned Mr.. Markowski tonight. che was
a modest. exemplary clerk. Within the
last year 1 feel sure that some man
Of strong personality has gained control
of him and changed his whole person.
ality- I am satisfied that Wider did
not steal of his own volition or on his
own initiative"
Bank May Know Secrets.
II is perhaps with hope Of laying
hands upon the power who shaped the
cash to his own ends that the bank
has dealt so delicately with Wider His
counsel and neighbor. l.. r. Ginsbere.
has said from the first that the bank
night after the general alarm had been
sent out Mr.. Ginsberg reiterated:
They know where he is, just as we'll
as / do
Ginsberg was quick to supplement this
statement with two qualifications. First,
ne wishes it understood that in his at
tempts to arrive at an understanding
with the bank lie is not trying 10 COM
pound felony, and secondly. ne charges
bad faith by the bank.
lit was intended TO have my client
come forward at the proper time" said
the attorney. ITO take his medicine; but
Wider objected 10 being locked up in
the Tonbs this hot weather, when he
might be unable to get bail. That was
his only reason for keeping out OF the
way"
"Gentleman' Agreement
On the second count Ginsberg spoke
with emphasis "There was a gentle
mems agreement that the loss OF the
at this time" he declared "The plan
was to restore them without loss to the
bank in the fall, but instead OF carry
ing out the agreement the police have
been put on the case and / have been
doggcd by detectives.
'I want to say it was not Inspector
Markowsk who discovered the loss. He
knew nothing of it, nor did any one else
In the bank until my client confessed"
It was known yesterday that the
stolen bonds had been hypothecated 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 TO two
we'll known houses.
eve shall institute suits to recover
from two Wall street firms the securi-
ties they obtained from Wider" said In
spector Markowski. 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 Sl5.+00. 900:
but IL could not be learned today what
assets or capital are credited TO the
branch In this city.