OCR Interpretation

The day book. (Chicago, Ill.) 1911-1917, January 10, 1913, Image 8

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1913-01-10/ed-1/seq-8/

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New York, Jan. 10. Joseph G.
Robin, the financier, who pleaded
guilty to stealing $27,000 from
the Washington Savings Bank,
was sentenced to one year on
Blackwell's Island by Justice Sea
bury today.
Robin got off easily for squeal
ing on his one-time friends, Wm.
J. Cummins, Joseph G. Reichman
and Former City Chamberlain
Charles H. Hyde.
Robin has been in the Tombs
for a year. He had a private of
fice there, rigged up with a ticker
and all the accessories, and oper
ated on Wall street from jail.
The financier came to this
country a penniless immigrant
boy, with his sister, Louise, and
an old couple whom he since has
denied Were his father and moth
er. His name then was Rabino
vitch. He got a job as office boy "and
soon began manipulating small
sums of money and skinning
those he manipulated with.
Soon he got a minority interest
in the Northern Bank and began
to become a real financier and
changed his name to Robin. He
became director or executive of
ficial in a -dozen banks, two real
estate companies and one big de
velopment company. He was rat
ed at $10,000,000.
It was about this time that the
old couple named Rabinovitch,
who had brought him and his sis
ter over from Russia, were dis
covered half-starved and penni
less in a hovel on the East Side.
They appealed to Robin, whom
they called their son. Robin de
nied he was their son and refused
to aid them, although he admitted
they had brought him to America
and fortune. The old couple died
in the most abject poverty.
Then, suddenly, the Northern
Bank closed its doors, and a train
of disaster followed. Half a dozen
allied institutions collapsed. Rob
in was arrested. Soon after he
was conveniently declared insane.
It is not known what made him
change his mind about being in
sane, but he did, and sent for Dis
trict Attorney Whitman.
He told Whitman he had evi
dence that would convict Reich
man and Cummins, the officials
of the defunct Carnegie Trust Co,
Whitman agreed to use Robin.
Robin pleaded guilty to an indict
ment charging him with larceny
from the Washington Savings
Bank. He has been in the Tombs
First grand prize masque car-
nival and ball will be given by
Sheridan Benevolent Ass'n. at
German Hod Carriers' hall, Har
rison and Green streets, at 8 p. m.
Music by Tony Leonardo. $100
in prizes will be given away.
Friend You are wasting your
time painting pictures, old chap.
Artist But, at any rate, I always;
manage to sell my pictures;
Friend That proves what I said,
It shows that you could sell any
thing; so why not take up some
thing that's got big money; in it

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