The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-23
Says Woolsey Played Fool
ish" Part in Betrayal
Of Company.
PUTS BLAME ON WHITE
Won't Tell Just How Teller
Was Induced to Aid Pilfer-
ing BOOkkeeper.

The loss 10 INC fld8a UTdnCH OI inc
Union Trust Company through the manip-
ula,,ons OF the two clerks who were ar
rested on Saturday may amount to $780,
400. That was the statement yesterday
o, Henry J. Goldsmith. attorney for
Alonso NJ woolsey after woolsey and
Joseph T. White. the two employees. had
waived examination before Magistrate
Ten Eyck in the Yorkville court on a
charge OF forgery In the third degree.
Goldsmith, who insists. as do the ON
Gals OF the Plaza branch of the trust
company. that woolsey never received
dollar for making false entries In the
books. talked rather freely about his
. clients part In the affair yesterday. He
added somewhat to the mystery OF the
cas-. by saying that Woolsey played a
foolish" part In the affair in permitting
White. the general bookkeeper. to take
the money.
The charges on which both men were
held involves only one offence, yet MI.
Goldsmith says that the manipulations OF
the two employees has been going on
since November, 1911.
woolsey's Motive Not Explained.
What led woolsey. II his assertion 10
true 70 make the first false entry as re-
ceiving teller and then TO continue to do
so without getting any financial reward
for his wrongdoing was not explained BY
any one. Mr.. Goldsmith's only answer
to that question was that Woolsey was
"fools h."
Mr. Goldsmiths statement as to the
amount OF the theft does not agree with
that of Joseph J. Cotton. Jr.. OF spooner
4 Cotton, attorneys for the trust COM
paay, who said that the loss to the COM
pany amounts to only $4,000.
Goldsmith explained that the two men
worked together in making false entries
in the books. Judging from the explanation
OF the AFFAIR. IL seems that Woolsey would
make a wrong entry on a credit slip.
He would put down $4,000 as received
end then by various bookkeeping devices
the men would enter debts against that
smount as cash was taken out of the
bank for the use OF White. The men did
not take the whole amount at any one
time but carried away small sums Of
from $50 to 800 as the money seemed to
be needed outside.
II Mr.. Goldsmith received correct infor-
nation from his client. the men made
more than one false credit entry. Mr..
Goldsniths statement Of the case may
be reconcled with that Of the lawyer for
the trust company by a statement made
on Saturday to the effect that while the
men did make false entries Of large
amount they did not take the money.
eut only part Of II.
Lost $1,000 on One Race.
White Is said to have been q spender
end 10 have lost much Of tho money on
horse-aces. Mr.. Goldsmith explained that
White wasered as high as $1,000 on a
single race and lost.
When the two men we're arraigned in
court IN the morning the afiidavit OF Ernest
II. Cook. manager OF the Plaza branch,
was read.
II says that both confessed in the
presence Of officials OF the bank that they
made false entries in books Of the branch
II charged woolsey made a false entry on
he receiving book and that White as
e"okkeeper made faIso entry in a book
70 the amount Of 100000.
Ar, Cotton was on hand to see that the
men were held In what he considered q
suhc,ent amount OF bail. Both men waived
'1amins ZION and Magistrate Ten Eyck set
The bail at $4,000 each. Mr. Goldsmith
'aid he hoped to get that amount for his
client
Mrs. woolsey did not appear In court
with her husband. She did not return last
night to her home, 1885 Morris avenue.
The Bronx
The mother of White In Ill with pneu-
monia and carbuncle at her home.
~ Prospect avenue. The Bronx. She
reported to be dying and nothing has
been told her concerning the charge
against her son. Samuel White. the father.
reiterated his belief that the accusation
against his son In not true. and that II will
be disproved In Tina Whites mother has
been asking repeatedly for him In the
last two days