So you're OK with a principal publicly humiliating a kid over a false charge of theft?
sure. people make mistakes. the impression left with the kids when the Principal is run out on a rail will be worse than just letting it go. Kids pick up on this and the lesson is the school is not really serious about authority. They don't get all the subtleties like adults do.
He reminds me of the DUmmies who still support Mary Mapes and Dan Rather -- getting in an attack on Bush is more important than the picky little detail or whether or not the accusation is correct.