The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1910-07-27
OTHERS CONCERNED,
Goldman Says Wider Alone Is
Not Responsible For Big Theft.

Lawyer for Russo-Chinese Bank
Adds That Those implicated
With Former EmpIoye Are Not
Connected With Institution - Wild.
er's Attorney Says Bank Was Not
Fair With CIient-lnstitution Fully
Protected, Says Official.
New York, July 26. - The $4,000
block OF bonds that were advertised
on Friday as having been stolen from
a strong box in the New York agen-
cy OF the Russo-Chinese bank have
proved TO be small part of this
financial institutions actual loss. II
was stated authoritatively that the to.
tai Appropriated 100000 and this
ngure was confirmed by Inspector
Markowiski, who represents the main
Office in st. Petersburg in its inquiry,
and by julius Goldman, the banks
attorney. But it appears that Erwin
Wider, the cashier who has confessed
that he took considerably more than
$4,000 worth of securities, is not held
by the bank responsible for the theft
OF the whole amount. Mr.. Markow-
iski declared that this was true when
lie was asked whether Wider's takings
would stretch beyond the half million
mark.
Others Concerned In Case.
You know that other persons are
concerned in this besides Wider"
said he, and a moment later he de-
clared, Il want to make 1t clear that
anyone concerned with Wider in
these thefts Is entirely unconnected
with the bank"
Although the inspector was not
willing to amplify this remark his
statement in itself confirmed the be-
lief that exists in the minds of certain
men in the financial district that a
complete investigation into the af.
fairs of the local agency may follow
at the request of men in this coun-
try who are interested in seeing
whether there has been any wrongdo-
ing on large scale by outside per-
sons. Ii has been learned that such
a suggestion is being formulated and
that it will be addressed to the Rus
sian minister of finance as the per-
son who should start an inquiry of
this sort. His representative in this
country is Gregory Wilenkin, finan-
cial agent of the imperial Russian
government, whose office is in New
London, Conn.
Wider, the cashier, is still missing
and number of central office detec-
tives have been sent by Inspector
Russell tc get him. Exactly why he
keeps out of sight is not plain, for his
lawyer said; Wider is going to
plead to this charge; he is going to
take his medicine all right. But the
bank people did not play square with
him and now he is going to make them
hunt for him."
What do you mean by their not |
playing square?" he was asked.
well, the idea was that the search |
for these securities should be carried |
on quietly and that any action was to |
be withheld until fall" said Ginsburg.
Wider was going to help them look
for these bonds. One day last week
Wider and | went to Goldman's of.
fee to meet him and Markowisk.
at was understood that Wider
should be given "a hours in which to
return to the place where he was
hiding. AS a matter of fact he was a
little afraid 10 be absolutely frank
with them and he did not go to the
place that they thought he had in
mind. And 1t was a good thing that
he did not, because men were sent to
be there when he got back. OF course,
they did mt find him and they have
not found him yet"
Did Not Give Names Of Brokers.
Lawyer Ginsburg did not make
good his announcement of Saturday
night when he said that he would give
out the names of the stock exchange
houses with which Wider was able
to do business. He said it was not a
bluff and that he knew the name of
several of these firms.
He said that he had never seen a
list of the stocks and bonds with
which Wider had traded. He be.
lieved that Goldman had such list
and that they were tracing these sc.
curities. On this subject Inspector
MarkowisKi said:
"The bank is fully protected and
YOU may rest assured that every cent
of these securities will be returned"
Considerable interest was express
ed among wall street men today in
the chances Of the bank to recovet
Secretary Ely of the Stock exchange
could not be induced to give his opin
ion on this question; nor would he
comment upon the probability that
any firms which had done business
with Widner would be disciplined
Opinion varied among brokers on
the subject of ability to recover these
qtCrke and hondg