In the Hands of the Malays, and Other Stories

by G. A. Henty

Many others, even among those most favourably disposed towards Roland, were inclined to agree with Percy. His continued presence in Brownsville would be a source of embarrassment and trouble to those who had previously been intimate with him, and it did seem strange that he should prefer to live among people cognisant of his father's misdoings, instead of taking the opportunity that offered of beginning life elsewhere.

Mr. Johnstone's conduct in interesting himself on his behalf was considered kind in the extreme. Still more surprise was excited when, at the meeting of the directors of the bank called a day or two after the beginning of the new year, after explaining the amount of the loss to the bank, he said, in reply to questions, that he had not as yet offered any reward for the apprehension of the fugitive, and had not indeed instructed the police to take any steps in the matter. Rumours to that effect had already been current, for the police authorities, when interviewed on the subject, had declared that they had no instructions on the matter; but it was generally supposed that this was mere official reticence intended to lull the fugitive into security, while they were quietly working to arrest him. The announcement of Mr. Johnstone caused quite a sensation among his colleagues.

"I must say, Mr. Johnstone," one said angrily, "that your course in this matter appears to me to be most extraordinary. As you did not call us together at once, we naturally supposed that you were taking all the necessary steps, and that Partridge would, in a few days at latest, be in the hands of the police; and now you meet us and tell us that you have done nothing. You said, in fact, when we wanted to go into the question on the morning after the discovery of the cashier's flight, and one of us suggested that a hot pursuit should be at once set on foot, that we could safely leave that matter in your hands, and that we had best confine our attention to the investigation of the accounts."

Several others spoke to the same effect, and Mr. Johnstone then rose with his usual placid and undisturbed aspect. "Gentlemen," he said, "in the first place I have not called you together earlier because just at this time of year every man is occupied more or less by family matters; and as it did not seem to me that there was any extreme urgency in the matter, I thought I would allow you to enjoy the holiday undisturbed. Now, as to the main subject of your remarks, namely, that I have taken no steps to secure the arrest of our late cashier. Well, gentlemen, I am aware that in not doing so I have assumed a certain amount of responsibility. Certainly, when I met you ten days since, I had intended to set the police at work without delay. For the first twenty-four hours, however, I was so occupied with the investigations into the state of the books, and, I may say, with reassuring the minds of our depositors and restoring confidence, that I had really no time to move in the matter.

"Then, gentlemen, came Christmas, with Christmas thoughts, Christmas sermons, and Christmas associations, and I said to myself, this man is undoubtedly a thief and a defaulter. But how stands it? The man should be punished; but, gentlemen, for the last fifteen years he has been our friend. We have all been proud of him as a gentleman of singular culture. Most of us have been intimate at his house and acquainted with his wife, one of the most charming ladies in our section. In all these years his conduct has been above reproach, and although he has had passing through his hands the funds of the bank, he has up till now accounted for them up to the last penny. There can be no doubt that the mania of speculation, which is the bane of our civilization, seized upon this unhappy man, and that in a moment, I may say of temporary insanity, he laid his hands upon the bank funds to meet some loss, intending, no doubt, to replace them at the earliest opportunity.

"Well, gentlemen, that opportunity never came. We know the usual sad story in these cases. Loss follows loss, and a man becomes desperate, until at last comes the inevitable discovery. Gentlemen, we all know that the man who does these things should be punished, but it seemed to me that no punishment that the law could allot would add very greatly to that which he must be now suffering. Imagine, gentlemen, a man with refined tastes and habits skulking, a fugitive from justice, perhaps by this time half-way across the ocean, knowing that he can never raise his head again in the society of honest men. There was nothing to gain, for you may be sure that the money has long since passed out of his hands, and I feel that it would do us no good were he arrested and tried. Everyone knows now that the bank has made a loss; they are also satisfied that the bank is solvent; confidence is restored, and we have avoided anything like a run. No one, indeed, has any idea how large the losses really are outside this board.

"Now, gentlemen, if we were to have a trial, the real amount of the loss would become known; and although we ourselves may feel confident that we can weather the storm, and can in time pull round, it is by no means certain that the public will take the same view. The run which has now been averted might then take place, and the bank be compelled to shut its doors. And you know, gentlemen, that when you come to a forced realization of effects, how far the sum realized falls short of the value placed upon it, and how heavy the calls upon the shareholders to make up the deficiency! Well, gentlemen, we are all large shareholders in the bank, and now that ten days have elapsed, and we have kept matters quiet, I ask you, is it worth while to run the risk of bringing ruin upon the bank, and beggary upon its shareholders, merely for the pleasure of knowing that our defaulting cashier has got so many years of penal servitude?"

Put in this light the matter assumed a very different appearance. The directors knew well enough that although they had put a good face on the matter, the loss did seriously compromise the stability of the bank, and that the less the matter was dragged before the public the better. The directors looked at each other in silence when Mr. Johnstone concluded. But one said: "The public will think it a most extraordinary thing that we do not prosecute."

"But we intend to prosecute," Mr. Johnstone said. "It is distinctly understood that is our intention. But facts have come to our knowledge which leave no doubt that our cashier escaped into Canada within a few hours of his leaving this place, and it is believed by this time he has crossed the Atlantic. Should he ever return to this country he will, of course, be prosecuted at once on grounds of public policy and as a duty to the shareholders; but at the same time we have no objection to its being whispered abroad that although the directors would strictly carry out their duty had the opportunity been afforded, they are at heart by no means sorry, both for the sake of the man himself and for that of his wife, that he has succeeded in escaping before the hand of justice could be laid upon him."

After some further discussion, the view taken by the president was unanimously approved of, and the report that the cashier was known to have escaped into Canada, and had made his way to Europe, and that the bank authorities were convinced that he had managed to take but little with him, and were not sorry that the painful duty of prosecuting him had been avoided, was speedily spread through the town.