Cooper's Clarksburg register. [volume] (Clarksburg, Va. [W. Va.]) 1851-1861, 1852-02-25
Great Dorulcutiou in New York.

Great Dcfulcatiou in New York.
A case of false pletencCs or swindling,
involving a very large amount of money,
has, for few days past, engaged the at
tention of the police Of New York city,
and on Sunday two men of irreproach-
able character, named Wllet n. Haw-
kins, of No, 203 Madison street, and Isaac
N, VIM, of No. 900 Madison street,
were arrested by the police, on an aflida-
Wit Of Mr., Cyrus Scofeld The Times
thus details the circumstances which led
to the arrests:
Some time since, it appears. number
ofrespectable persons associated them
selves into secret partnership as street
brokers and spectators in stocks, secu-
rites, and the purchase of gold dust, and
orc from the returned Calitornians as they
arrived at this port in the steamers from
Chsgrcs. Some of the gang had an Of
flee in Fulton street, while their confude-
rates had Offices in Broadway, Wall, Pine
and John streets, where the infamous fl
nancial operations were concocted and
carried into effect successfully, The first
movement to carry out their design was
to establish an unbounded credit among
and exchange brokers, by seeking intro
ductions from irreproachablc sources, and
then lounng at times large sums of
money, varying from $4,000, $4,000, to
carry out their assumed speculatious in
gold dust. DC.
The loans were generally for a period
not exceeding twenty four hours, at which
time the funds would be promptly re-
turned, with heavy bonus for the use
Of them. In this way the parties secured
an Unlimited credit, and the most implicit
confidence was placed in their honesty
and integrity by those with whom they
transacted these moncyed operations
Last week the sum of nearly 100000
was borrowed in the manner above de-
scribed, from ten or fifteen merchants
and brokers doing business in Wall, Full.
ton, Ann and Cedar streets, and other
parts of the town, Thus securing a
heavy haul, the principal operator alb
seconded, having, in his possession
the lions share of the ready cash,
and his accomplices refused to pay back
single dollar. Intense excitement pre-
vailed among the victims of the fraudu-
lent operations, and many of them have
been compelled to suspend business in
consequence OF their utter inability to
meet their notes. Hence their ruin, if
the rogues are not captured and made to
dtsgorSe their ill-gotten gains,
Among the sufferers are j. W, Barker,
OF Cedar street, who loses to the tune of
$4,000; John w. French, boot maker,
IN Ann street, $4,000 John p. Scott,
in Fulton street, $4,000; Cyrus Scoticld,
OF IKE street., $500; Dr. Littetield,
Sj'Uooi Jas, T. MoVlton' $1,000; Isaac
NfoheId' S9,oOo' and many others whose
names have not been asoertalned:: We
are reliably informed that the principal
eelaUlter IN ln!s extraordinary swlnuie Is
named Pin White who for long time
has been living in gay and fashionable
style IN costly mansion in one OF the
fashionable avenues. The police officers
are on the ga v've to lind the missing in
dlWdual, and have secured the city for
his whereabouts, but up to Sunday
evening they had not succeeded in OBJ
tanning any clue to him,
MIR. Scoteld, in his affidavit, states
that he was induced to loan them $500,