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Sign up freeSunbury American And Shamokin Journal
Sunbury, Northumberland County, Pennsylvania
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Jacob Shipman, an absconding messenger, returns to Philadelphia after fleeing with $15,000 embezzled from New York's Union Bank due to gambling losses. He confesses his misdeeds and is arrested for larceny.
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The Return and Arrest of Shipman.
Jacob Shipman, the absconding messenger, who several weeks since ran away from this city with a large amount of money belonging to New Yorkers and Philadelphians, returned home yesterday morning at 3 o'clock. He was unaccompanied by any officer, the persons who captured him having set him free immediately on obtaining the money they found in his possession. On arriving in Philadelphia, he went home to his wife and family, but appeared in the streets early yesterday morning and called on several of the brokers. He says that before he started on his runaway trip, he met with losses, amounting in all to about $18,000. He was behind hand indeed, $500, as long ago as 1836, and his case has been getting worse ever since. Latterly he bought lottery tickets in order to recover himself, but this only made the matter worse. He refuses to tell the manner by which his original losses occurred, and says he will persist in this refusal, no matter what the penalty. On his last trip from New York, he received $15,000 from the Union Bank, with the object of having it re-coined in Philadelphia. On his arrival here, he found it necessary to pay $12,000 on his own account, and he made use of the Union Bank money for the purpose. He nevertheless started for New York with the intention of going through; but on his way thither, the difficulty of accounting to the Bank for money he had misappropriated pressed so heavily upon his mind, that he concluded to return to this city. At this time he was nearly mad from excitement and anxiety. He returned towards his own dwelling and arrived opposite the door; but here the horrors of his situation and the difficulty of explaining his conduct again crowded upon him, and he determined to fly the city. He admits that he was at the fire on Dock street wharf, and says that had he met any friend there on whom he could have relied, he would have confessed all. The next morning he proceeded westward and traveled recklessly on, he cared not whither. He fixed upon no particular route, but hurried on, expecting and sometimes anxious to be caught. The amount he had with him was only $5,100. On his return, he says that he had no money at all—not enough even to carry him to New York. This would seem to contradict the story that his captors gave him $250. When caught on the prairies he made no resistance, was taken to a public house, and then into a private room, where he was stripped of all his clothes, as the persons who arrested him supposed that he had a much larger sum than they found. He remained, he says, at several of the stopping places, for hours, in the hope that he would be taken, and yet he had not the heart to return of his own accord. He says the Union Bank alone will lose by him. He wanted his captors to accompany him home, but they declined, in the hope of obtaining more reward. Our informant states that yesterday morning he looked depressed and downcast, and spoke low. On meeting with an old friend, he said—'Will you take a rascal like me by the hand?' and the tears started to his eyes, as if much affected. He seemed in utter despair, and expressed his willingness to die, as soon as he had made what reparation he could. He admitted that the greatest confidence had been reposed in him, that he had violated that confidence, and that he ought to suffer. He was arrested between 10 and 11 o'clock, taken before Mayor Scott, and committed to Moyamensing for a further hearing on Monday next. He is charged with the larceny of nearly $15,000 of the Union Bank of New York, in addition to larceny committed on several brokers in this city. On being asked by one or two persons whether he desired bail, he said—'No.' It is understood that one of the brokers had arrested him before the police officers had arrived, in order to avoid the liability of paying the reward.
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Location
Philadelphia
Event Date
Several Weeks Prior; Returned Yesterday Morning; Background Losses From 1836
Story Details
Jacob Shipman absconds with $15,000 from Union Bank after using it to cover personal losses from gambling and lotteries totaling $18,000 since 1836. Overwhelmed by guilt, he flees west, is captured on the prairies with $5,100, released after money taken, returns to Philadelphia penniless, confesses to friends, expresses remorse, and is arrested for larceny.