Show A FAILURE tho median if of M J by lie opera loir or ac Calit tr alli laior by loahr not I 1 r rom tle culprit if nil abettor ofilio new october 31 abc Mechanics National ot newark t J closed today to day the announcement excited universal the mechanics csank h been abo lending institution 1 newark tor abo past fifty year and in jua that time no whisper to itai discredit hid abson heane it was the heaviest bink lii the ot new jersey and iti T ere ot ft mig and know i to no oilier bank the alory ot ho fai as it can bo agnen at present wan obtained rom ono of abo ii Kent loman whole fortune li sw by the sunday tg ho raid 0 the bank tent for H puo of tho DI mcclon and aska him to cail at the bink at eleven clr condict c at the hour and baldwin informed him tany tho bank wa ruined it scorns blat iho ank R I 1 shelley ho bus been in town for ho art ten deijs national ant thurdis eliat abc bink would be examined and this iho als cloute clou tc at last n meeting of tho directory was licud at the residence of A in park place at which thara was n buil attendance clr condict told he oilier mint lind ald to lilii that the thor tac of tho bild probably amount to w ta bodo 0 ODO when hie aln had ier was the hoarle and made a 81 of alii operation for the fisit year such 11 perhaps lias no parallel par illel in hie allor of ballu lie ald that abo nay laid konc into the hands of a amsl firm Mc iiri caucutt co of newark and that bo hid by be to abo of a dollar he had to it co carn tan without ut hority from the isgard of ns the cin tomary and had ever sanco been to coico hi track ll according to bl ibatao owned valuable properly and mould bobble to all bis provided a little alnio wa given bilm whenever a bojo bac due would pay a it and then klo another note nod boiros an sum of mooty moot y at cd but up by you and I 1 aidi baili ii the hole it tills 1 epoca epo cd it ft 01 well as inc you havo been lending nio money without and with it the consent of our hoard of ar about it and I 1 hlll ba ions to pull rass thun portunato nato to money to t co until this amount bac imo large how mr liili win kept a know rde of these from the directors I 1 cannot tell on amt 1 that lie mcd our bili lit the n ink of now boik for tint pur poe po e wo ht u had J ill bil to ill thil institution for acar and it wavery easy for our cashier to miko bic of it without our n aca h hl booksh in a wiy lo 10 abat balanco intact hii ilac all of w hid abo perfect confidence in bli integrity and he wai a business inan of rare ind aall liy ly theory 1 when in found in volt cd to the of or by hh noto transactions kuehnl lie went into wall tired inora of the banks in abo liopo of recoup in nid luck or bad drugged bieu deeper und deeper inlo abc indre and abo was his ol 01 laal ho told mo abat every collir of the missing money bid kuno into xu but talt I 1 can not believe I 1 hac sald thit the colci by usen llo for alie money of ahr bank never ean or heard of by the directors in fact aliey know 0 abs tbs transaction how the rank was hoodwinked I 1 can nil say but at every anguil examination our bink out with a clean for myself I 1 had unlimited confidence in isilda in thit I 1 never thought of very closely into bl account after bearing baldvins baldwins Bald wins statement alio director continued we called in frederick T gen isi counie and appointed lcara georgoa Geor soA ami henry howell aa a o to visit ton and consult with the comptroller of the currency its lo 10 tho i at abo bink we BIB H lct and V ii to c john C amory amr cain l ba of arresting alio romed clr amory from lih bed aal afdera cibort lo 10 c iuso arratt lierly thov called upon A Q ICca tiby attorney ml james V kond made an affidavit tho facts above in ted bt seven ho no and wa evidently ho bild he would not give ball and lie content lo 10 ps his in prison 1 I h 11 ll never be en on aaion he aben baldwin war before ua abid alro lor to a reporter be appeared lobe anxious to make a clean miream of thi anat he ild lip fully tho fowe na turo of tho alfein ind tant he ought to be dealt with in tho mn ner the law would allow there is no excuse for ro he ald mid 1 now ee what I 1 to ave afara no I 1 land before you 1 a and a criminal 1 I een be bald in to and for odcar anil put ait ander your money ind money to other acron pc ron it Is your duly to tend me aind I 1 only auk tho one privilege of coing home to inform my wilt and nilly or lay thy know about ahl attila I 1 nover expect to to to the ank iaan but implead I 1 expect to co to lill and from there to and there I 1 will biva lo 10 end my dap if I 1 ld l d too cow iri I 1 would not have been acra to adl yoi atory to I 1 elioud have hot raymat sanco I 1 hao to live I 1 must gut N J october SL christopher duent yu ent a morocco manufacturer of hie arni of C co was ehlt at bis by a balc on a 0 aiding and abdeln auald win in fund from tbt ale rational hank lie ave ball in li idoo to answer tho chiriac chiri rc tho arret ivas based on alic of the cashier in to lie loan to |