Because he had the bag.

Judas was treasurer of the little company. They must have had. meagre purse; and it was too much for him to see all this money thrown away on the mere sentiment of love, when it might have gone into their treasury, from which he could steal it, for he was. thief. But he concealed his true motive, and gained the really good disciples over to his side by pleading the love of the poor. He was the type of all those treasurers, cashiers, etc., who steal trust funds.

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