The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-12-28
ARREST OF BANKERS
LIKELY TO FOLLOW
Methods of Northern Of
fcials Under InveSti-
CATION.
Continued from First Page)

and rev and startling revelations &C
CONTAINED IL
Even the szyrocket dealings Of Charles
". Morse are ecIipsed, it is said, by
the dealings Of Robin
Dating back to his association with
F Augustus HeinZe, Just prior to the
1907 panic the career Of the former i'm
migrant IS one series Of spectacular
financial dealings
The exact amount Of paper relating 10
the Northern Bank, the Aetna Inden-
nifty Company. the Fidelity Develop
and Security Company. and other Robin
concerns -'kited'' through banks TO
puzzle the examiners Is not Vet known.
Robin is only thirty-SeVen years old,
and when he arrived IN this country was
not only handicapped by lack OF funds.
but by a strange las guaSe. He settled
down with his sister in the Russian
colony Both were intelligent and am
bilious RObinovitch studied hard and
acquired not only mastery OF the
English language, but Of the American
manners In the mean Inc his sister
became a trained nurse one evening
she told her brother Of an episode that
took place in the hospital The alert
brother promptly sold II to a newspaper
a. "an exclusive story" and with the
$500 he secured for the story added TO
1910 more which he had saved up, went
% Buffalo
Robins first big des. was the pur-
chase Of a big electric company in New
7 ork. which used Niagara water power
Although the price was S1,OO0.000. the
former immigrant put up so bold q
front that the company gave him an
option and he raised the purchase price
IN Buffalo and New York Later ne
sold out at an enormous profit
With the proceeds Of this investment,
Robin hurried back to New York as
wider field for operations he started
= real estate company. got the courts 10
change his nszns, grew a beard, and
began 70 claim ne was q FTenChman.
Robin began TO mix with influential peO-
tive Building Bank, Of which Timothy
Woodruff. the millionaire Republican
politician, subsequently became Presi-
dent Robin was made general man
aEer. and the corporation was backed
BY the Merchants Exchange Bank
- BY 1904 Robin had acquired the Wall
Street fever and his dollars we're the
open sesame 70 a clique OF 1nanclers
headed by r Augustus Heinze, the
Montana copper millionaire
Auto Speed Fiend.
Robin organized the Bankers' Realty
snd Security Company, and became in
tsrested with z r. Thomas. the turf
man, auto speed flend, and banker. lie
became interested IN the Washington
Bank and the Riverside Bank. and his
rating went above the S1.01o.0oo mark
The 1907 panic did not ruin Robin, for
Il vas shortly after this disastrous sea
sen he acquired control OF the Aetna
Indemnity Company. IN 1898 he formed
the Northern Bank and his Subsequent
history IS now being made public as
rapidly as the investigators can work
out his intricate maze Of dealings.
Among the men who have been assOciat-
ed with Robin IN his former dealings
are
George Westinghouse. William F She
han, now q candidate for the United
States Senate TO succeed ChaUnCey De-
x
futendent Of insurance. Frederick d.
Fflburu, former superintendent Of the
State banking department POSTMASTER
Edward N Morgan. Of New York. As
sIgteut Postmaster Thomas T Murphy.
and COMPTROLLER w A. PendeTEast, OF
New York city
Robin viii probably have 70 undergo
9 public trial 70 determine his sanity