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Updated: May 25, 2025
In her estimation her brother had been a fast young man, hurried away by a too ardent temperament into democratic tendencies. Now happily he was brought to sounder views by seeing the iniquity of the world. She had not yet reconciled herself to the Reform Bill, and still groaned in spirit over the defalcations of the Duke as touching the Catholic Emancipation.
Consider how many defalcations and breaches of trust we read of daily in confidential positions, and we are forced to conclude that honesty is a rarer virtue than we like to think it. I have every reason to believe that my assistant last winter purloined, at the least, a hundred dollars, but I was unable to prove it, and submitted to the loss. It may be the same next winter.
By that time, however, it was pretty well known that the amount of the defalcations had been exaggerated; that it had been preceded by the suspension of the "Excelsior Bank" of San Francisco, of which Trixit was also a managing director, occasioned by the discovery of the withdrawal of securities for use in the branch bank at Canada City; that he had fled the State eastward across the Sierras; yet that, owing to the vigilance of the police on the frontier, he had failed to escape and was in hiding.
His trial at the Paris Arsenal lasted several months. Proofs of his defalcations were numberless. His family and proteges made frantic yet futile efforts to save so great a culprit. The Commission sentenced him to death, and ordered the confiscation of all his property.
And I speedily found that things were being said the usual cruel suspicions, you know." "Such as what?" asked Bryce. "That the amount of the defalcations was much larger than had been allowed to appear," replied Mr. Gilwaters.
An amusing instance is recorded of a medium who, while under hypnotic influence, not only blurted out the pecuniary defalcations of certain men who had been collecting in aid of temple restoration, but went so far as to admit that he had had some of the money himself.
'I know the whole of the rent these houses could bring you in, he said, 'without making any deduction for vacancies and defalcations: what you ask is twice as much as they would fetch if the full rent were certain. The poor wretch looked up at him with the leer of a ghoul. He was dressed like a broken-down clergyman, in rusty black, with a neck-cloth of whitey-brown.
The latter met with a loss of two hundred thousand dollars. "The gambler who is now leaving the gaming-table, is a teller in one of our city banks. He long enjoyed the confidence of the directors; but, a few days ago, they decided to have him watched, after office hours a measure now resorted to by many financial institutions, on account of frequent defalcations.
Thus the immense sacrifices which the Company had made to obtain a monopoly, as they imagined, yielded them no advantage whatever; and repeated defalcations on the part of the natives, induced them to curtail their advances at their principal station.
Read this note; it will restore me in your esteem, I trust." It was another letter written by Malgat to M. Elgin, and ran thus, "M. Elgin, I have deceived you. It was not ten thousand dollars I had taken, but sixty thousand five hundred dollars. "Thanks to false entries, I have been able to conceal my defalcations until now; but I can do so no longer.
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