CO129-462 - Governor Sir Stubbs - 1920 [7-10] — Page 260

„afferidontcmi v(sucivio ni doit aldeveq

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.AŠMUODOR Ørend 2tor od zsoitto jaates

„Jeronok encert/ bas Jasıqri erT (5)

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reve row sailes to sucɛsong derdievered deter I

roge i ndice di at xer citi ni m tas foot I sonis

et TUOveel me in

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dreedmoque va of xoing enray vier tot bayreñonu

s* ¿çeɔon od Ler' I menneðaructio eft teinu folde

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considerable sun.

243

(f) The late Accountant himself contends that he did not

embezzle a sum exceeding $15,000. He was not over methodical and his desk was always littered with small memos. I have little doubt in my own mind that there was a deficiency in the Advance Account as he contends when he took over the appointment. At that time all compradores and shroffs in Goverment ser- vice were making money over subsidiary coin transac- tions, and I believe Chan Pui's statement that he took over a deficit which he states amounted to $4,000, knowing he could make it up and make some- thing on subsidiary coin transactions himself into the bargain which he states he actually did. The trouble came when subsidiary coin became par and the deficiency presumably increased from that time on. By skillful manipulation he managed to square his advance temporaily at the end of each year coupled with temporary borrowing either from one or other of the four Accounts or from outside until this year, when what with his gambling losses and his old liabi- lities he found it was impossible to square matters at the end of the year 1919. He thereupon took what he could easily lay hande on and bolted. Possibly now that he is convicted and hes got off comparatively lightly, he will be prepared to egy exactly what he did. But my impression is that he got his accounts into such a muddle that even he himself does not know the exact position he was in when he left.

(g) Pending the final settlement of this matter I have

taken the following steps to reduce any possible losses such as have occurred, in the future.

(1)

I propose to have the Advance Imprest reduced to $1,000. It may be necessary to make it 82,000, but not more.

(2)