New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-21
ARrEsroFA GLASS MANUFACTURER.

JOIN V. CRAVEN OF SALEM. y. j. CHARGED WITH
ISSUING INVITATIONS OF FRACTIONAL CUR
RFNCY-OrHER ARRESTS LIKELY TO FOLLOW.
IFGoM Az OCCASIONAL CORRESPONDENT OF THE TmBuNil
PHrLADELPuIA, March 2O.-John V. Craven,
Of SALEM y. j. the sole remaining member of the late
firm OF Hail. Pancoast & Craven. glass manufacturers,
was arrested this morning N charge of Issuing lni
tation fractional currency. He was brought before
United states Commissioner willard Morgan, OF Cam
den " j. and the case was postponed until April ..
bail in - 900 being oGc.ed by Mr.. c. T. Eakn'
president OF the Salem National Bank, and accepted.
The complaint sworn out by Henry NJ Burnett on March
IL charges that on and since September II, 1879 Mr
Craven knowingly and uul1wfully manufactured ana
uttered SCRIPT IN imitation OF UnHed states fractional
currency OF the denominations D. TO- - and 30 cents
and also bills OF the denomination Of - FOR the Salem
Glass Works. THIS arrest it Is SAID, Will be followed by
the arrest Of a number Of prominent glass manuiac-
tuIers in NeWJeIscy.
Il has been the custom Of many glass manufacturers
Of Southern NewJcrsey aud elsewhere for long time
past this " currency (which Is rcdeenabc In
goods al of the companies to their employe-
The system has !ways caused or less dissasfac-
tion among the Workmcn. aud unsuccessful attempts
have been made 10 secure legislative action. All The
firms busy IN this industry however have, since
the Ncw-JrTscy Legislature took up the subject
at the last session. either abandoned the " shin
plaster" system or given notice Of their IL
tention TO do About 3 600 wOrkmen
ployed in glassmakiug in Southern New-Jerscy.
The following Is OF OF tho shinplastcrs
upon which the charge drawn: " Sept. l, 1879
Salem Glass Works-Teu years after date promise
to pay bearer at our store Salem, NowJerscy, five
cents In lawful money Of the United States for value
received This promissory viii be taken by in
payment OF any debt due rs before It's maturity. and
win be by us received for the amount named herein.
Pancoast & Craven"
This evening Mr.. Craven said that these notes were
issued wercy for convenience. in order TO the
great trouble ~ ho Ks H. employs 100 boys and
they frequently want cents worth of cakes candrs
II every such demand must be entered 10y cerE, u
would cause great deal Of costly labor To this
eXncnse the shin-pasers" were rcsurtrd The mcn
except The hIrt-ciaes blowers. come To the office
on Saturday and announce how much cash
they want This Is always given To them.
The notes they can obtain M any time.
settlement with the men takes place annually In Jly
Tnc men frequently told him. Mr. Craven said that
BY the ot these notes they have saved money When
petitions circulated u Salem IN favor OF the bill
before The last Legislature 10 prohibit me issue of the
notes. impossible o obtain signatures the
were I'm favor OF The ~ stem.
Touching the crmiaIltv OF the act charged against
him. Mr.. Craven said the firm had any intention
OF dciraulng the Govrrnmcn.. These notes wcro
brought the notice ol the Grand JUICY ABOUT three
ago. when the glass manufacturers were r'pic
scented by Senator FrcllnRaHvE'n ~. and the charges
were dismissed. Mr Frclinchuyscn drew up the
issued When Mr. Paucoaat, Mr.. Craven'-
partner arranged for W issue upon which the COM
yers. Mcs,rs. Browning and Gray. who furnished the
firm written opinion on the law point involved. nud
M GRAY wrote out the form Of word gusrd Mr. CraveI
IN conclusion, sad hIs brother manufacturers knew
very annOyiug lie does not believe 10 VIII be heard Of
again however and laughed heartily ~ tn idea of
ago nnd no more are issued. This the detective
knew when making the complaint