Article Text
HIS SHORTAGE STILL GROWS. Hough Ruined the Cocheco SavS ings and National Banks. S WAS NO RESPECTER OF PERSONS His Father as Well as Many Widows and Orphans Among His Victims. DIDN'T CARE HOW HE SECURED MONEY Itis Believed He Took $40,000 From the National Bank-Now Probably Seeking Passage to a South American Port. Dover, N. H., June 8.-Several important points were brought forth yesterday in the case of the defalcation of Harry Hough. The first is that the Cochecho Savings Bank, as well as the Cochecho National Bank, will never again open its doors for business. The second is that Harry Hough adopted some very harsh methods of raising money when hard pushed, robbing his own father, as well as widows and orphans, and perhaps ruining estates. The third is that the officials here are well satisfied that Hough has adopted the sea as the best route of escape from this pursuers, and is now trying at some Southern port, if he has not already engaged passage, at Baltimore, to board a vessel bound for some South € American city. The fourth is that Mr. Harrison o Haley, the cashier of the national bank, was compelled to mortgage his homeS stead property for $6000 to cover some o unsecured notes which he had put in the bank. S The case grows worse and worse for Harry Hough as the investigation proE ceeds, and indications multiply that S when he wanted money he did not care whose he secured, as long as he got It. e He seems to have labored for years = under the old-time delusion of the unS lucky stock manipulator that some day luck would come his way, and he could repay those from whom the borrowed without their knowledge or consent. Although fit is not probable that he took more than $40,000 of the national 0 bank's funds, it is known that he reF ceived large sums from other sources, SO that the total amount of embezzleb ments will undoubtedly exceed $50,000. e There is only one bright feature in S the lamentable affair Harry Hough was remarkably considerate for unfortunate p members of his family. For two widowed sisters and their children he had W the utmost affection, and the did not of spare of the means at his command regardless of where the money came he