, 1873-11-21

From the Ne.o York Tribune, Nov. IT..
For several days past rnmors OF frauds and
dofalcations agtated Wall street with dopress-
ing effect. The facts, 80 fur "a they can bo
gathered, arc as follows:
Edwin Z. Winahip of No. q Broad street has
been engaged for several yoars past III tho pur-
chase of claims OF Government employees, ut 10
per cent discount, and the bring Of money in
large and small sums from hll who wore willing
to trust him. for which he engaged to pay in
tercst at the rate Of 8 or 3L per cont mouth,
protesting to have ways Of Investing the money
80 prontnbly as to enable him to pay thia heavy
uBury. Ho did d largo business in both branches
of his trade; aud it is said that hundreds of tho
Custom House have been accustomed for
long timo to apply to him for alvancemonts on
their salaries, and TINT othor hundreds have
entrusted their savings to him in tho hopo Of
realizing tho large returns no promised. 70 far
with considerable regularity until litt1o moro
than two months ago, whom ovon tho largo Sums
which he continued to recoiyo from dopositors
ceased to DO sufficient to sustain The enormoun
drain Of interest On the debt which T. md &C. :
cum eumu'sted ds No futho. uvaends Lave asG besc sS
NV pr.as o.". -uout two months ago. It bcoms
f.ooable that lie had no money left with which
to pay them, and TINT nearly all tho moneys ro-
ooivod by lim on deposit have either boeu az.
pended or have been used III paying interest.
a few wooks ago, some OF Ills deposltors bo-
came olamorous for their money, and few be-
gan suits t., to recover It. lle, therefore, sum
"Wednesday afternoon, ut which time, ho said, 10
would ahow them that his affairs wera in q Der.
feotly satisfactory condition. The creditors who
asBembled III RESPONSE to the call represented, it
is said, noar f300,000; but their debtor did not
meet them. :1natead, there WAS q lottor ad-
dressed to Mr.. Hood, his clerk, and l1r. Deau-
mont, who had boon associated with him in
somo OF his business transactions, saying that
10 was hopeleas!y insol lveut, and hud been 10 for
four years, hia life during that time having been
been seen III tue Office sinco carly in the morn
ing, It was believed tlat he had takou steamer
that day for Europe.
Ar. Winship lived with his family ut GRANTEE
vile, Staten island, where ha rented the house
do formerly owned and occupied by Polly Dollno,
a;o Ins M was inrniasled in handsome manuoE, Ho
also kopt four valuable Aorsea, and several car
rages, ana lived like a man Of wealth, lie
rented furnished room at No. IS East Ninth
street, whore he slept when detained III tho city
ut night,
On Wednesday morning last he loft lia home
. Hhort timo ho wont out toiling lliH clerls that
10 "aa goiCg to tue Jefferson Market Distrsot
Coult to attend to aomo suits. It Ia confidently
asserted tiiat he has not returned since. That
evening hla vile received lottot from lin, iu
which no said. II nm ruined. hayo only few
hundred dollars lett. You will hear from MO In
few days.. Good.by. God bleaB you." This
iH tho last she liaa heard from hor husband no
far. AZ ta known.
Deputy Sheriff Aaron Aarons loylcd yesterday
on yhat, property could be found iu Mr. Win
Wellington ". Burtl!oI Tor sl2oO0, and tllo oths.
or for s40o, obtained by another creditor. Tho
otllce WAH In charge Of young boy, who deutod
anY knowledge Of Mr. Winship'a movements
alnce Wednesday last.
C1..