Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-08-11

Is

using the associations money in his investments. They
were amazed when he disappeared, leaving shortage
OF hundred thousand dollars He had
Juggled his accounts that the money OF association
made stand for that of another: but his invest
ments turned out badly. and the time when he
must face discovery, he away. don't know why
it is but who speculate with ernbezzed funds
always to lose their heads Every handler of other
peoples money ought to be told that the he
borrows to speculate that he takes his first
step the
This is the general dictum. The insomnia that fol-
lows peCuaton defalter sleep nights leads
to a narrowed of feelings bordering insanity,
and is likely to be followed by that dread nalady in
some form other Indeed, | but that the
insanity sometimes precedeS the pcCulatlon. While
most cashiers handle other peoples currency and gold
as unCovetously and unconcernedly though it
bits of paper or brass buttons here and there
man whose eyes gleam as he counts stack OF bills
and whose fingers burn and whose breath comes fast.
If there in the slips the books by which
he profit he is going take advantage of it,
whether the is two dollars thousand dollars.
Such has no business in place OF trust and he
knows it. but he must live and it is often hard get
different job The intense though hidden situations
in which such men find themselves torturing to
poor human nature. Many spiritual tragedy is going
from day to day in institutions where everybody
cheerful and the cogs of the machinery are we'll
oiled. 1t IS only when the cog actually slips that the
tragedy is revealed.
My wife and l couldn't live my salary and keep
up decent appearances, IS the common of
cashiers when caught peculating
The cashier of New England bank stole twelve
thousand dollars IN small amounts and arrested and
prosecuted On the trial 1t out that although he
handled hundreds of thousands OF dollars for the bank,
his salary only fifty dollars month. He used the
stolen funds for living expenses. Commenting this
of affairs, the Judge in passing sentence said:
Il very sorry for YOU; but am still sOrTier that
can't send the directors of that bank the peniten
tiary with yOu.'
TT said that since the employment Of the big surety
companies as bondsnen has become 50 common, de-
aulters prosecuted to greater extent than for
merlv While the officers of the company are,
of DESTROYS of getting back the stolen funds
wherever possible they anxious that point
they to the of the peCuatiOn In other
words they the man. and they will so all lengths
to get him.
The levanting cashier of an Illinois bank who had
stolen fifteen thousand dollars and restored about half
of it, traced all the West bv determined
surety house detective. He was followed 10 Canada
the Bermudas, Rio de Janeiro. and away up the
Amazon. He was arrested in Western Brazil. On the
coming back he taken III and died.
The detective buried him. preached his funeral sermon,
and brought home proof of his capture. 1t was that
proof more than anything that the surety wanted.
Their object III all such cases is easily The
that detauterS are prosecuted or the more they
pursued by detectives that them down and preach
funeral sermons over their remains, the fewer will be
the defalcatiOns.
There those who may consider this 4 purely selfish
view Of the but there is also big moral principle
involved. To impress upon money handlers the fact
that, while pecuatiOn easy, the OF the pecuator
is peculiarly hard certainly good thing. As matter
OF fact detaCalon is game in which though
may win he is bound to lose for the history OF pecula
ton proves beyond peradventure that money got in
this way IS OF little worth to the erbeZZler
burglars swag to the burglar And | believe there is
credit the who takes his life in his hands
and breaks into bank and cracks safe than there is
to the trusted man who the safe door wide open
and helps himself while enjoying the full confidence of
his employer.