The New York herald., 1874-07-01
SHARP PRACTICE In NEWARK.
A Cute Carpenter AbseoIads After Fieec'
ing Business Mem Out Of $4,000.

A Cute Carpenter Abscolads After Fleece
ing Business Mem Out OF $4,000.
Last February there turned up In Newark
smooth tongued, suave-nannered man named F.
H. Carpenter, sort OF 'JacE o. all trades, but
master Of nOne," who, with considerable adroit-
ness, soon managed to gain the confidence and
appreciation OF most Of the leading business men
OF the city. He was proposed and admitted 10
membership In the Newark Board Of Trade, o
body composed of the business and Manufacturing
cite or the Jersey metropolis. He hal scarcely
got well warmed in his new location teiore nc
stared the idea Of forming q "Bu'lders' En-
change" the object being, he announced, Tor
mutual benefit and protection to business men.
The idea took with
and they lost no time IN helping CARPENTER 10 put
his IDEA in practice. Accordingly the Exchange"
was regularly organized, subscription at sll M per
capita paid in, quarters rented and monthly
organ started. The rules or the organization re-
qured that all moneys collected from any one
should be paid over 10 the treasurer, Mr. Crane
instead OF that as alleged, Mr. Carpenter used the
mOnegs paln to MIN, ana when. now ana then, y
turn over the funds to the proper oficers he
would parry the thrust by some apparently rea-
sOnable excuse. Everything. went along swim
mngy, and the Builders Exchange was beginning
THE INSTITUTIONS OF NEWARK.
rival to the Board Of Trade iiseit % was $50 pro.
gressive, 80 gO.aheadative, under its able manage
ment," Whine the Board OF Trade was 80 SLOW
coachy." One fine morning recently the Exchange
suddenly and mys.eriOusly wound up its AFFAIRS.
V.s;tors vent to Ats Off ces Broad street, oppO-
site the Newark and New York Railroad Depot,
but found them closed. Pretty soon 1t began
10 be nOlsed ABOUT that the yentiemaniy
Carpenter mad taken quiet and unOstentatlOus
departure i0r parts unknown. Some would not be-
leve 1t at first, and declared their alth in Mr..
Carpenter mistaken. Several days passed, when at
last the Truth made manifest by the receipt OF
A LErTER FROM CARPENTER
by Messrs. Amzl, PiersOn Co., printers, who
knew Carpenter and his Exchange Monthiy' to
the extent OF ABOUT $5UO. stating that he had Sc
lected new field sufficiently distant to he beyond
the reach OF colony (as he wrote calumny)
and trouble from creditors. Between subsCrip-
tons to his organ and goods obtained from business
men 1t is estimated that during his lew months
stay at Newark he victimiZed OF citizens to
the extent in all OF OF least $4,000. At the last
meeting OF
THE BOARD OF TRADE
the fact OF Carpenters sudden disappearance
ana the circumstances surrounding the same were
announced, and, after some discussion commit
tee OF two was appOinte to inquire fully into the
matter and report at the next meeting.
Carpenter is spoken OF among the builders as
being possessed OF undOubted abilities as an archi-
tect. When he first came 10 Newark he said him
self tnar all he had IN the world was seventy five
cents. Where he came from Is not positively
known, some saying Paterson, and Others Brook
lyn. Neither Is there any clue TO his whereabouts
Just now.