Frank Andrews' Method Of Banking

     It is most surprising that with all the safeguards thrown around banking institutions, authorized to receive and handle the people's money, that it is possible for one member of a banking company to so intimidate, or hoodwink, the other members as to render it possible for him to go on extracting the money entrusted to the bank until his stealings mount up not only to hundreds of thousands, but millions of dollars, without the other officers and directors knowing the situation. It is surprising, too, that an official can so far dominate the cashier and other inside officials of a bank as to induce them to aid an abet him in his crooked work and doctor the books so as to hide his thieving when they fully understand and realize that they are almost certainly brining ruin and disgrace upon themselves by so doing. It almost leads one to think that the ordinary standards or morality are in a state of decay, and that the courage to resist the most shameless dishonesty and crookedness in a superior officer is lacking in many employees. They prefer to take chances of ruin and disgrace rather than perform their plain duty, when a superior officer is the crook. In the case of the City Savings bank of Detroit, the vice president seems to have controlled the entire inside machinery of the bank in the interest of this crooked transactions and the books appear to have been stuffed and falsified for months to cover up Frank Andrews' Napoleon methods of financing. Every falsification of the books appears to be in the interest of Frank Andrews. Stock gambling and greed for immediate riches is responsible for much of such crookedness and thieving. Men believe they can take the money entrusted to their care and use it in some stock gambling operation, make a fortune and return the money surreptitiously taken and no one will be the wiser. If they make they are applauded as great financiers and no questions are asked as to their methods. A stronger moral fibre seems to be the only preventative. How shall it be created?