The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-02-26

QUEER FINANCIAL CAeE-WINs & HAWKINS
PIN WHITE, AND PLENTY or GOLD Distributing
the last ten days, the newspapers have been full
queer fin aucial Developments, giving an account
q ism cus .old dust operator, commonly called
Pin White, who has vanished with an enormous
quantity of The strf in his brseches pocket, much
10 the conformation Of those he has left behind
him, and OF loss to the cotoie Of financial specula-
tors in WISH street. We have given the reports
q such infoi nation in the could be obtained
a, the police Office; but the whole Of il does not
amount to much. At this moment, the entire affair
is buried u mystery, and there is great confusion
and bungling somewhere or ether. The principal
d ticul y Il the absence Of Pin White himself,
who, i is stated, ried away an immense sum,
various y estim ated-by some at $50 600, by some
100000 and by others as high even 800. 900.
Perhaps, by striking mean between the OK.
tremee, We might be near the true amount.
There are odd stories circulated about the after,
intended to explain the mystery; but nothing seems
to be satisfactory, and the police are 90 much at
fault as anybody else. But every person wants
to know where is Pin White, for whom a reward
Of $500 has been offered. "Great reward for Pin
White!- where is Pin White!'' is asked by every
man who passes through the street, and echo
answers, sWherep'
We have set several Of our reporters at work in
this business, who probably will be able as soon as
all the snow and frost are completely thayed out,
to 6nd RI White tina ed out also with the win
ter with all the gold dust perhaps thawed out of his
pocket az the same time
There is curious mystery about this business.
It seems that during The lat two or three years
very singular confederacy Of Christians and h.
brew1-ol men Of houor and mark has existed in
this city, whose tuiness it s to jump on board
of every ne WY arrived steamer from the land of
gold, catch hold OF The Caliornians just landing
with the dust, and purchase IL all from them, at
such prices a. they chose to give, and with such
weights as they bought proper 10 furnish. During
tho last two years, probably forty millions Of
gold dust have been purchased by these opera
tors, in this way, and sent to the Mint, and perhaps
four milens of liars or have been realized in
shaving, in short weights, and profits made by the
confeaeraoy. At FIRST, these operators, consulting
Of ter or fifteen persons, were rivals to each other
but as nothing handsome could be made
by rivalry ard competition, they all combined, each
undertaking to do the Whole business in turn, while
his conederates stood behind the scenes and pock-
eted their share of the profits. In these operations
Pin White was sort Of little Napoleon-he ma.
naged them with consunmate skll-brushei up his
black whiskefs-looked innocent as "a sucking
dove and walked into the Caifornians most efec.
tually. AT tie proper time, he disappeared, with
large portion OF the money in his pockets, whilst not
one oil the parties concerned can bring action in law
against him, On account Of the equivocal mode Of
doing the business among themselves.
This is the view given of the mystery sort of
fnarcial mystery-in certain egions in Wall
street, where all the depths OF financial philosophy
are always sounded and always known. It is sup.
posed, therefore, that the police, and the officers Of
law, ard the operators, al at fault, and that
Pin White ia still in this city, snugly ensconcsd
and awaiting he Grst approach Of spring, when
he will start with 100000 or $500, 600 in his pocl
ct, and make the grand tour Of Europe, shake
hands with Louis Napoleon, and get absolution
from the Pope. We doubt whether The police could
catch him, if they offered a rewari of 5000, in
stead OF $500. We shall SEE.
THE TEIUANTIrEc TREATY AND RAILWAY
Some Of the Washington correspondents state that
very important intelligence may soon be expected
from Mexico. embracing tho ccnir nation of tho