The Paducah evening sun. [volume] (Paducah, Ky.) 1906-1929, 1910-07-26

Such Is the general alarm sent out
By the police today for the missing
cashier Of the Russo-Chlnese bank
although oddly enough. the district
attorneys Office said tonight no aid
had been asked OF II by the hank and
no application for a warrant had
been fled. But this contradiction ~
only one in a series that have kept
step with every development OF what
is now admitted TO be at once the
most pulling and the most serious
ldefalcatlon in the history Of Wall
street since Cornelius Alyord stole
sGOG 600 from the First National
Bank. served a term in Sing Sing
then retired to the seclusion Of a
lpriuoely country place.
When the Russo-Chlnese bank
first made public the fact that its
strong box was short. the amount
was given as $4,000. all in negoti-
able bonds. a list OF which was furn-
lished. This afternoon the amount
suddenly jumped TO 100000. OF
which the additional $500 900 is
said to be in stocks party owned by
the bank and partly by It's Gus
ltomers.
Was Model Clerk.
No positive statement has been
made yet as to where these stock
lccTtificatss now are, or with what In
tent they were stolen-whether "a
was wider's intention to hypothe-
cate them with brokers as collateral
for stock speculation. or TO realize
on them and plant the proceeds"
No list of the certificates or the
lowners IN whose names they stand
ON the books OF the companies by
which they we're issued Is available.
Inspector S. Markowsky. now in
lcharge Of the New York branch Of
the bank, during the absence on va
loatlon OF Manager Gertz. says he Is
convincd that Wider had an outside
laccomplice
when Wider entered our bank. "
Explained Inspector Markowsh to-
might, "he was a modest. exemplary
clerk. Within the past year feel
sure that some man OF strong per
sonality has gained control OF him
land changed his whole personality.
am satisfied that Wider did not
steal OF his own volltion or on his
own Initiative.
Lenient with wider.
1T Is perhaps with the hope OF
laying hands on the power who
shaped the cashier TO his own ends
that the bank has dealt so lenlently
with Wider. His counsel and neigh
Dor. l.. r. Ginsberg, said that the
bank was In touch from the first
with Wider. and even tonight. after
the general alarm had been sent out,
Mr.. Ginsberg reiterated:
They know where he IL Just as
well as | do"
Ginsberg was quick to supplement
this statement with two qualiiica-
lions. First. he wishes II under
stood that In his attempts to arrive
lat an understanding with the bank.
he Is not trying to compound a
felony, and second. he charges bad
faith on the part OF the bank.
at was intended to have my client
come forward at the proper time"
lsaid the attorney, Ito take his medi-
lcine, but Wider objected to being
locked up In the Tombs this hot
weather when he might be unable
to get bail. That was his only rea-
son for keeping out Of the way"
Gentleman's Agreement.
On the second count Ginsberg
spoke with emphasis. There was a
gentleman's agreement that the loss
of securities was not TO be made
public at this time" ne declared.
THE plan was to restore them TO
the bank without loss In the fall,
but instead OF carrying out the agree
= ment, the police have been put on
the case and have been logged BY.
detectives
81 want to say il was not Inspec-
tor Markowski who discovered the
loss. He knew nothing OF II, nor
Ibid any one at the bank until my
client confessed"
IL was known yesterday that at
least the stolen bonds had been
lhypothecated with brokers and that