The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-04-11
ANOTHER nosrox SENSATION.
Extensive SwiAdIe In the China Trade
About TO be Exn0sRtl,

~ ~ AAFWENSs
BOsToS, April lO.--The Journal says tn
outline Of the operations Of an extensive
swiudle in the China trade reached Boytot
this morning, and the indications are tha
a gigantic fraud is about to be exposed
The house Of VOgel 4 Co., Of Hong Kong
has done large business in hemp, silk anL
other goods between China and Americt
and Europe. Very recently the English
and French c0nSigHees OF the firm received
several Cargoes OF cheap fourth.rdte silks
m place OF fist class goods, which had
been ordered and paid for,
Hariiy had the Investigation Been begun
when the arrival OF the slip, Richard Rob.
inson, at New York, Saturday, with a car.
50 from the same house, exposed an extern
sive fraud Of the same nature. Several
New York and Boston firms received con.
signments OF hemp US they supposed by
thu, vessel they had sentthe letters Of credit
and purchased through banking houses, as
is customary in this trade, u large guam
tity Of hemp, worth nearly thirty dollars
per bale.
Upon opening the cargo on Saturday it
was found to consist Of Canton matter
worth less than s. per bale, Meantime
the steps TO apprehend the head OF the
house in Hong Kong by means OF cable
orders to arrest him, resulted in The re.
ceilpt Of dispatch saying that he had
sailed on The last steamer probably for
France. The detectives in the latter
country endeavored to find him at the
time he was expected to arrive, but he has
been traced, il Is believed, to Italy. His
capture is well nighalespaired OF, although
pursuit is being made as rapidly US posi-.
. The silk shipped to Europe by vogeI &
20 is worth not much more than $40 per
bale. y was paid for at the rate Of nearly
$500. The losses to the consignees Of the
concern thus far is reported TO amount 10
S0O0,0OO. In Boston, the firm received
1900 bales of the so.called hemp by the
Richard Robinson. and it was worth about
one.sixth the amount paid. A thorough in.
vestigation Of affairs is being made, and IL
more definite statement will soon beready.
NEw IoRK, April lO.-L. ReChnagel Of
the firm OF Rechnagel & Co., said to have
been Swindled in the cargo vessel Richard
Robinson, said this afternoon: 1--WE are
disincitned to talk OF this matter until some
step is decided upon by the several firms
interested in the matter, and this cannot
be done until the cargo is entirely dis
charged, which will not be for two or three
days yet OF course there is some irregu-
hlrity, but the entire amount cannot be as
certainedunti the cargo is NIL out. We never
purchased goods for Waterbury ( Co. We
import for our firm alone and sell here
We have some hempon the vessel, because
that appears on the water.book. The
captain Smith signed for hemp and mat.
ting for part Of the cargo under the gem
eral head Of merchandise, something, l
think, lie should not havedone. Whit we
will lose l don't know, but Of course We
will lose.
BosTox, April lO.-The Journal to.mor.
row morning willsay concerning the China
frauds: The firm of Vosel Bros, OF
Hong Kong, bad succeeded in making for
itself quite reputation in the general
trade between China and America and
Europe, often cutting under the market,
but preserving strict integrity in their
dealings until within few months.