The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-11-12
ROTHSCHIlD LOOT
. is BEING SOUGHT
Millions In Cash He Stole Never
Has Been Accounted
For.
REAL BUSINESS ROMANCE
Whereabouts of Embezzler's
Golden Fleeing" Remains
Impenetrable Mystery.
REAL BUSINESS ROMANCE
Especial to Tho r1mes-p,spatch.1


Now York. November 11.-pistrict
Attorney Whitman. attorney for the
receivers. surety companies and mis-
cellaneous creditors. to-day began a
search for the $4,000 of David
Rothschild's loot" which the woman
who was his widow. declares he con-
cealed In New York or Jersey City
safe deposit vault
One point in the story told by Mrs.
Eugene Batten. who was once Mrs.
Rothschild. In st. Louis. was proven
to be correct to-day. For one night
In April. 1904. Rothschild did have in
vault of the Corn Exchange Bank
two armfuls OF money. supposed 20
have been cash taken from the Federal
Bank and the Globo Security Com
pany.
But this sum was removed carly the
next morning. Whether this money
afterwards went to some New York
safe deposit vault or over to Jersey
CITY. VIII be determined In few days.
Every Institution in the two cities has
been asked TO report as to whether
or not there are any back accounts
or vaults registered under the name
OF David Rothschild, his brother, David
Levy. or Louis Levy. tho names undsr
which the men might have been iden-
titled
Business Romance.
The hunt for the 100000 cash
David Rothschild is thought to have
hidden. when the law was about to
put a period to his career, is ono of
the romances OF the business world.
The $4,000 mentioned by tho wife
is only part of the loot" They
Z call 1t in the business world the
search for Rothschilds golden
heecins.' They know he got the
money In cash and they know that
no one ever has been able to fnd II
since.
Leo Schlesinger. responsible bust
ness man. Interested in many banks.
was president of the Federal Bank
In 1904 II then had a capital of $780,
: 600 and surplus OF $4,000 in cash,
with deposits Of 100000 In cash.
Rothschild. who had come from Ohio
after many vicissitudes az fortune,
waa an Influential factor. Mr.. Schles.
niger did not like the situation. and
was succeeded By william Woods. who
had been connected with the Seventh
National Bank. Rothschild at tina,
time absolutely dominated the insti-
tuition. as we'll az the Globe Security
Company. concern lending money 10
salaries.
Rothsch!ld got Into trouble and Mr.
the bank George w Glaze was made
his counsel. and then the revelations
began TO come II was found that not
only had the capital stock of the bank
and its surplus disappeared, but its
deposits we'll.
There was nothing to show tina,
they had been lost, but simply had
been transferred to Rothschild. In
the place OF this money were about
$500 notes in amounts from $4,000 te
$4,000 Or smaller These notes, 4,
was found had been made by NOR
who were absolutely irresponsible
/ boys OF fifteen and sixteen. bankrupts
! poor clerks. salaried men withou'
| hope of paying. They had made the
/ notes. but they had not received more
! than 1.-THE OF the money. Rothschilc
had gotten 1t all. shifting 1t from on,
/ bank TO another. but ultimately bring
! ing It home TO himself
/ Gets All the Assets.
I. Rothschild had found the Globe Sc.
/ curity Company with 100000 of val.
{ liable securities in its assets He IL
sned bonds upon the securities. sell
! ing the bonds for what they woulc
/ bring, and afterwards hypothecatine
the underlying security for their full
I value.
| He had been made temporary ad
! ministrator of the Wcissell estate
which involved Armitage Matthews
! bright young lawyer: q lawyer nance
/ Wootcn and another named Samuel ]
: Forgotson. who went under the nam,
! of Ferguson. The moment he became
administrator he made way with tn.
. security OF the estate. That sen
/ Wooten 10 Jail and caused Matthews u
jump out OF the window the morning
| he was to go to trial.
| Mr.. Schies!nger managed TO save 3!
! per cent. for the bank creditors. Tha
( left $4,000 of the bank money un
[ accounted for.
Expert investigation showed tina
Rothschild had neither spent nos los
/ the money. He still had IT somewhere