New-York tribune., 1910-07-24
BIC THEFT OF BONDS
LAID TO THE CASHIER
Inspector Of Russo-Chinese Bank
Makes Charges in Formal
Statement.
LURE OF STOCKS ALLEGED
Broker Holding Missing Securi-
ties as Margins for Specula-
tion Said To Be
Known.

E. de Markowski. who carries the title
of Inspector of the Russo Chinese Bank,
and through whose Investigations the
theft of $4,000 worth of bonds from the
New York agency of that institution was
discovered, formally charged that theft
up to the cashier of the local agency in
a statement issued yesterday
Erwin Wider, the cashier named by
ing from his home, at No. 81 Mount Hope
Place. The Bronx. since last Monday
night
The mystery of the theft remained, in
spite Of the official statement. but the
New York police have so far been fg-
nored entirely by the bank officers.
-Iarkowski's statement, given out by
julius Goldman of the law firm of Stein
hardt & Goldman, counsel for the bank.
was as fellows:
New York, July %. 1910
In order to avoid any misa pprehenSion
and the falling Of suspicion upon entirely
innocent persons, | beg to state, In behalf
Of the agency of the Russo-Chinese Bank.
OF which | m Inspector and into whose
charge together with the attorneys of
the bank, this matter has been intrusted
by the board of directors. that the theft
of securities that has taken place from
the said bank mas been definitely ascer
aimed To have been ommitted by the
cashier of the said bank. one Erwin
Wider
The matter is being prosecuted with
all due diligence.
The foregoing contains all the facts for
publica ton MARKOWSKI
Nos. SC and 50 Pine street, New York
Mr. Goldman. who gave out the state
ment, was asked for confirmation of the
accusat ton against Wider
Says Cashier Confessed.
You need have no fear Of libel" said
he. The cashier Erwin Wider. con-
fessed to US
Inspector MarkowsI1i refused to dis
cuss what steps the officers of the bank
intended to take, or whether they would
call in the police to assist them. but his
manner indicated that they would not
Leon B. Ginsberg who is Wider's at
torney and also his landlord, announced
last night that he would have d state
ment fer the press tomorrow. and he
intir1atal that in this statement he would
name the brokers who now have the
bonds
It was learned also that last Monday
when the theft was first discovered.
Wider told the bank officials where the
bonds might be found and in return re-
ceived their assurance that the entire
matter would be kept secret.
The agreement then was that the en-
tire affair should be kept secret. and
Wider's friends were incensed a the
a action of the bank in sending out the an
nouncement.
It is believed that the entire bundle of
missing bonds will be found in a down
town brokers' office.
Widers downfall came as result of
the allurements of Wall Street, and 1t
was stated positively by one Of his init
mates last night that the missing bonds
were put up as margins for speculations.
Wife Breaks Down.
For the last few months, II was said.
he had been living high, spending freely,
and riding in taxicahs instead Of street
cars. His wife, who has disappeared for
the present, is said to be broken down
from the shock of their trou
BILE and Wider himself has been going
to pieces mentally from worry.
Wider may be inside the city limits
now. and he is certainly not more than a
hundred miles away. it was said last
night. because up to the publication of
the loss by the bank. he had believed
that there would be no publicity In con-
lection with the affair.
The missing cashier is native of Ber
lin, and is said to have connection with
the nobility of his fatherland He Is
thirty-fve years old. He moved into the
upper floor of the two family house In
Mount Hope Place in April 1909, and
vas paying Mr.. Girsberg S.3:i month
rent. His salary in the bank was ST 200
a year.
Wider's home In The Bronx was de-
serted Yesterday. and neighbors said that
neither the. cashier nor his wife had been
seen around there since Monday night