Select Story

The Cost of Business Arrogance

by Allan Pinkerton


Some time in September, 1871, there was presented at the banking house of Henry Clews & Co., in New York City, a draft for the sum of $55 dollars. In the usual course of business, the draft was stamped thus:  
 


ACCEPTED.

Payable at the Fourth National Bank.

Henry Clews & Co.   
    


Two or three days afterwards, the draft was presented to the Fourth National Bank for payment. The figures had been altered to $5500, but not so as to attract attention.  

 

The man who presented the check, however, was so nervous that the suspicions of the paying teller were aroused. He detained the man who presented the draft and sent a messenger to the house of Henry Clews & Co., to see if it was good. After some trouble the messenger forced an interview with the junior member of the firm. That young gentleman seized the check, drew it through his jeweled fingers and said:  

 

Read More