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Show TRUTH SUPPLEMENT. Vol. SALT LAKE CITY, UTAH, AUGUST 2, 1002. 1 JBanft Shortage Hftermatb Now that the smoke and confusion bank deincidental to the Wells-Farg- o falcations have to some extent cleared away, a plain and concise statement of 'the facts, as far as known, will prove of interest to the public. The evil began about ten years ago, when Cashier Dooly began the system of overdrawing his account and iting with Assistant Cashier Duke and Paying Teller Robertson his fraudulent checks and I. O. U.s to be counted as cash on hand, and also indulged in the borrowing municipal and plan of Hoard of Education funds from Duke, who at those times was treasurer for those institutions. Duke and Robertson were responsible to the bank for the moneys which Dooly took in exchange for his checks and I. O. U.s. They were well aware of that, but dare not refuse to do Doolys bidding, knowing that refusal meant dismissal, and also knowing that Dooly would have lied about them and defamed their characters so that it would have been impossible for them to obtain positions in any other bank or respectable mercantile Institution. That was Doolys system in regard to those who opposed his schemes. Observing the methods of their superior officer, they emulated them to the extent of helping themselves to the money of the bank when they needed cash. They began in a modest way, hoping to replace what they had taken, but, as usual in cases of that kind, they were unable to do so, and they kept on taking larger and larger sums, until making good was out of the question. They lost large sums in gambling, and Duke spent heavy amounts in riotous living. Dooly was perfectly informed by the police and others of the heavy gambling losses of his two employes, but he did nothing about it, because he dare not. He was about as deep in the mire as they were in the mud. He became aware of the shortage in their accounts a long time ago, and they attempted to force him to make good the amount of the defalcations. Dooly lveg money too well, however, to part with it easily, whether he obtained it honestly or not. He turned a deaf ear to both their entreaties and threats. They dare not "squeal on him, and he dare not Bqueal on them, and so things went from bad to worse until the inevitable crisis came. A day arrived when the accounts could not be juggled any longer, and when Dooly and Duke thought Robertson had committed suicide they were happier than they had been for years, for with Robertson dead all the blame could easily have been laid at his door. But they were disappointed; Robertson didnt . die. The money was not by any means all lost to professional gamblers. Indeed, but a small portion of it went to them. A number of highly respectable citizens played cards with Robertson and Duke, and generally won. A portion o( the money also went into the pot with the money of highly respectable citizens in business enterprises of various kinds, which, however, did not turn out as successful as these promoters anticipated. On the contrary, the money was lost, and probably will never be regained. It would have been very embarrassing for those highly respectable citizens, as well as for Mr. Dooly, if the cases against Duke and Robertson had gone to trial. The law would probably have had no hold on the beneficiaries of the defaulters, but it would not have been pleasant for their names to have been mixed up in any way with such transactions, and, consequently, their efforts were added to those of Mr. Dooly in prevailing on Hobertson and Duke to plead guilty. Not much persuasion was needed as to Duke. He was the weaker of the two, and fessed up partly to Detective Thacker and partly to President of the Bank King from New York. It, however, required all the pressure that could be brought on Robertson to make him yield. It must not be thought, however, that either yielded without some concessions. Other charges of a similar nature which might have been laid against them were dropped, and it is stated on very good authority that when they come out of prison they will have to their credit sums at least equal to the salaries they would have earned if they had been at work in the bank all the time they will serve in prison. Others say they are to receive $7,500 each for every year they are incarcerated. The money was doubtless raised by those whose interest it was not to have the cases aired in open court, and Mr. Dooly has to dig to make good to the bank the deficiency, about $120,000, as far as yet known. The fact that Mr. Dooly was aware of the irregularities and of the manner of life of the defaulting employes and failed to notify the security company relieves that institution of its liability on the bonds of Duke and Robertson. The bank may lose a small portion, about 15 or 20 per cent, and Dooly will have to make good the remainder. Doolys present connection with the bank is only a blind, a kind of "let me down easv affair, granted him in consideration of his paying the deficits. He has no real authority in the institution, and although he may be very ornamental, it cannot be said he is useful. He will probably stay around in the capacity of a thing of beauty for a while. The arlnual meeting of the bank occurs some time this month, when final disposition will be made of him. He is on still, however, the "whole thing of Lake works of Salt the board public City and in the city government generally. The appointment in the first instance of such a man as Dooly to the position of chairman of the Board of Public Works was an insult to the community, and continuing him in office is an outrage on the public. Everybody knows that his only object in holding the position is for boodle. The members of the city council have by this time become acquainted with Mr. Dooabout for lys methods and are casting can force some means by which they the mayor to reorganize the board. It is a hard proposition to get around, but one thing the council can do, is refuse to approve any contracts which may be let by the Board of Public Works as at present constituted. Every contract of any magnitude which has been placed by the Board of Public Works since it fell into the hands of Mr.' Dooly two and a half years ago, has been tainted with boodle. They had their Lexow committees in New York, and more recently in St. Louis. A Lexow is needed here as much as anywhere. It is the duty of the council to refuse to confirm any more con No. 47 tracts let by the Board of Public Skewes, who conducted the obsequies, The taxpayers have been vic- has not yet succeeded in collecting the timized long enough. bill. $ Dooly had an uncle who died in Salt Instances of Doolys crookedness and Lake some years ago. He was a very contemptibleness are told on the decent, honest, old man, it is said. streets every day. Here are two or The presumption of honesty at all three Bample ones, out of dozens of the events is with him for he was poor same sort. A big cattle grower went and died poor. His nephew, John E.( to Wells-Fargbank for a loan of had little use for him. He even re$35,000 on a herd of cattle he wanted fused to give the old gentleman decent to hold a few months. Dooly, on be- burial, but, telling the undertaker that half of the bank, told the cattleman the old man hud no money and that he that the loan could be arranged and didnt want any display in the way of for him to call the next day. He did a funeral, gave Instructions that his so and discovered that in order to get body be thrust into a hole in the Works. os the accommodations, in addition to paying the banks charges, he would have to pay Dooly a commission for negotiating the loan. The man paid the commission. A nice state of affairs where a customer in order to do business with a bank must pay its manager tribute on the side. ground late in the evening when there were few people around and with as little expense as possible. Mr. Dooly has driven away from the bank many of its most desirable local customers. Merchants and business men are afraid of him and want no The bank would 0 dealings with him. 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