The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-05-06
CITY INTELLIGENCE.
Iron ADDITIONAL LOCAL ITEMS SEE THIRD pAGE.I

ANOTHER MAGNIFICENT SwINDLE PROPOSED
THE Fool AND HIS MONEY ARE Soon
PARTED. ."-Messrs. Clark, Webster Co., doing
business at No. 81 Broadway, New York as
bankers, managers, and utilitarians In general,
appear TO place upon this time-honored maxim
the most implicit reliance. No one can blame
them for so doing, for no one will dispute the
truthIu ness of the maxim, unless he himself
belongs TO the tllustrious and numerous frater-
nifty of fools. But Messrs Clark, Webster u Co.
should be careful lest they suspect some one of
being fool who does not properly belong to
the category. And when Messrs. Clark, Web
ster Co., few days ago, mailed TO several of
the most prominent merchants of this city the
prospectus OF a little scheme which they are
manipulating at the present time, they dis
played a weakness which renders the advice
above given extremely opportune.
We have been favored by friend. against
whom they thus insinuated their belief In his
the programmes issued by Messrs. Clark, Web
ster Co. Among these is a handsomely dis
played slip OF the width OF two newspaper coll
umns and the length of two ieet. 1t starts out
with the assurance that "The Bankers and
Brokers' Grand Presentation Entertainment
will positively take place, as previously adver-
tised, on Tuesday, June Is, 1857 at Cooper In
stitute, New York" with the further assu;
prizes will be conducted on the "Mu-
tual Benefit Principe" by "pro-rata dis
tribution of profits to the ticKet-holders." the
capital of the "Entertainment is fixed at
SI2o7, ,l4S. To this 12S7 l48 tickets OF admission
will be issued, at the insignificant price of one
dollar each. The nature of the "EntertainmenU
proper is not disclosed, but purchasers are
faiTest and most IMPARTIAL vet offered to the
public" for the simple and satisfactory reason
that there is "a prize with every ticket" a..
The document then proceeds 10 state Jnat "a
number of the leading bankers and merchants
of New York, in consideration OF the great
success which has attended many OF the cnarl-
table presentation entertainments of the day,
have organized themselves into company
with the view of inaugurating an enterprise
which, while it shall return them a fair profit,
shall offer greater advantages TO tlcket,pur-
Shasers than any yet aha
and business basis shall be free from those OBJ
j ectionable features which have characterized
many of these enterprises" And as positive
guarantee that there will be no postponement
Of the Entertainment" by reason of failure
10 dispose of all the tickets, ian association OF
The leading bankers and merchants" OF New
York have generously run The risk OF enrlch-
ing themselves by becoming obligated to pur-
chase such as may remain unSold on the day OF
the grand presentation.
II NAV be of interest to know the nature OF
the prizes TO be given away at the Entertain
ment." Among them we md enumerated three
in cash, of $4,000, $4,000, and $4,000 respec-
lively: SCI others in cash, ranging In amount
from $40 600 to So and footing up in the aggre.
gale $4,000; pianos to the number OF 10, ana
the value OF $64, 900; 2lS melodeons, valued at
SOS GAS. 6I5 sewing machines, valued at S72,275;
fuli acts and clusters of diamonds, OF tne value
OF $SC 4aS gSG 1amed az and nd dvei
other assorted prizes OF the TOTAL Value oi
s668Ol5 ., ,,,,,o,s
generous terms are offered TO clubs who Will
take them by the hall. dozen, while equally li6e-
raj terms are offered TO persons AMBITIOUS OF De-
coming agents of the e"Entertainment"
We regret very much that our space Will MOI
hermit us to give anything more than the above
Tneaere outline of the projected "EnterLain
menI." We presume, however, that the manag
ing bankers have adVerused ~ suilclenIiS y ~ u
that, before the presentation comes of, they
will still further increase their III gotten gains
If the authorities of New York city are no
aware of the existence OF this enterprise. IL i
high time that they received an inkling of II
and took the necessary measures To secure IL
suppression, and the punishment OF the swind
ling bankers who are managing 10, We trus
that no person who reads this will be so utterl
foolish as 10 invest in this scheme; out as tn
have considered it incumbent upon oursel We
to give the affair thorough ventilation.
AssAU1Ts.-William H. Owens, for threats
and using a knife In an unlawful manner in
fi0ht on the corner of Seventh and Bedfor
streets. yesterday afternoon, was held by Alder
man Tittermary to answer at court,
assault on a brother German at Eleventh an
self committed by Alderman Cloud to answe
at Georee Gou1 Holmes, for displaying his superic
AShting qualities upon a citizen at Elevent
nd locust streets, last evening, was commltte
TO answer by Alderman Swift
THE RESULT OF SUNDAYS BOATNG-A Ma
MISUNDERSTANDING afternoon four person
being about half intoxicated, determined upo
having a boat ride. SO they all piled into
small skiff and when near the Fails Bridge, O
the schuylki nat 6Iew on, ,ro1o1 one 81 them
brium of the boat that IL capsiZed, and all we
soon struggling in the wafer Inree We're alb
a. suIno fo shore, but the fourth, Hugh Cutl
bersome a young Scotehman, went down. I'll
body was not recovered I'LL late last night.
THE NORTH PENNsYLvANIA RAILROAD adve
tises in another column an important chan
~ dc schedule for summer arrangements
I've effect on Wednesday next. Theincreasi
importance Of the trade with ed the Mshspoy saty a
WsyaDTaodetions w and two daily connections 8
to be given 70 both Of those sections 5 IN ths RsI n
ieavine Phiiadeiphia az $40 r., NJ, is also In I