The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1876-01-26
HEAVY FORGERIES.
Hon. e. ID. WinslOw Of Boston
AbScOMlas.
FORGED PAPER TO THE AMOUNT
OF 100000.

BOSTON, Mass, Jan. 25.-Ih5 afternoon
papers publish disclosures affecting Hon. E. d.
Wirslow, well known journalist and politi-
clan, and hitherto known as one OF the owners
of the Daily News ard Boston Post, though it
is not believed that either of these papers are
affected by his transactions, which are now
coming to light. Notes for 81 900 negotiated in
a national bank here by Wnslow bear forged
endorsements and it is alleged that when the
amount of forged paper is fully disclosed it will
reach over 100000. Winslow left here last
Wednesday for parts unknown, accompanied
by his family. The details of the alleged for
geries state that he probably left for some
foreign port on Friday or Saturday steamer
The Journal says it is estimated the total
amount of discounted paper issued by him must
be in excess OF 100000 but whether the en-
dorsements are genuine or not, cannot as yet be
determined. 1t is stated that Winsow sold his
interest in the News last week. He was widely
known, was educated as a minister of the
Methodist church, and served as chaplain in
two regiments during the war, and was also
chaplain in the navy. He has since oficated
in several churches. He was formerly pub
Usher of lions Herald, and was member of
the Legislature in 1872, 1873 and 1874.
1t is stated that before his disappearance he
made several efforts to negotiate paper, but the
endorsements were detected as forgeres, and
he was threatened with exposure.
The same paper says it is quite probable he
has systematically carried on the business of
forgery endeavoring to take up for good paper
with other worthless notes until driven to the
wall.
The Journal has information from reliable
source that Winslow with his family sailed for
Brazil last Saturday. No efforts have as yet
been made to arrest him or discover his move
ments. 1t will require several days 10 fully
disclose the extent of his rascality as several
banks outside of Boston are said to have been
victimized.
Later DevelOpments-SOme of WinsIow's
Victims.
The publication of the details of Winslows
forgeries in the afternoon papers here created a
marked sensation. Winslow's intimate con-
nection with the press and his active political
life rendered him one of the best known men
in Boston, and the announcement of his for
geries was genuine shock to the community,
although many of his questionable and even
criminal transactions were known in certain
financial circles, where he had attempted to
hypothecate forged paper. 1t is said this even
ing that Hon. B. F. Hayes name was forged
to four notes of $4,000 each, which ale now
held by different banks as collateral, and there
is no end to the rumors of additional discoveries
of forgeries. The National Security Bank has
$1,000 worth of forged paper, but will lose
nothing, and it is believed the National Ex-
change Bank and Maverick National Bank has
large amount. The National Commonwealth
Bank had some transactions with Winslow,
bvt will lose nothing. The insurance policies
on his furniture recently burned, amounting to
PIt.ooo, no Solu III pdIo W IWO ptISouS,
who advanced the money on them and are
losers thereby. Some private parties it is said,
hold fully 100000 worth of Winslow's paper,
a large proportion of which, it is feared is
worthless, and the total amount of paper
issued by him is stated by the Herald to be
$250,000.
The Post Not Affected.
The Post of tomorrow will state that the
interests of the company owning that paper
are in no way affected by the Irregularities of
stock is in the hands of strong and responsible
holders. Its liabilities have not been increased
and its stability is assured. His association
with the Post was more formal than intimate,
and was limited strictly to an official financial
responsibility, and his absence will cause
neither loss nor change beyond his own re.
moval.
The Principal Losers.
The Herald of tomorrow will state that
among the principal persons whose names are
on Winslow's paper, forged or otherwise are
W. e. Sheldon, for $104, 1000; Leopold Morse,
for 100000; B. f. Hayes, for $45, 900; and that
the stocks and notes, forged and genuine, issued
by Winslow and held as security will reach
over half million. The Herald says Wins
lows position as treasurer of the Post Com
pany gave him opportunity to issue forged
stock of that company, and that the amount SO
issued by him for use as collateral will reach q
very large sum; but this may prove incorrect,
as the statement of the Post would indicate
The Herald quotes one case lwhere block of
300 shares is held, which it says is undoubtedly
worthless. 1t also names the Blackstone Ma
tional and Shoe and Leather National Banks
as among those holding worthless collateral