The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-12-29

| Especial to THE Observation-Disclosures Dispatch. ]
New YORK, Dec. 2S-The romance of
Albert METERS life is well known here.
Aided by his brother, he worked the Whisky
trust scheme and organized the Covington
City bond syndicate, two of the largest
| financial operations ever conducted outside
of Wall street. The were both regarded as
among the richest men of the west About
this time Albert married Clara Elsas She
was young and remarkably pretty. She
had two passions in life-her husband and
society. 1t is worth remarking that, when
the time came to choose between the two,
she chose the husband, and did it when she
knew at the time that he was faithless to
her. Her father was old Jacob Elsas, whose
riches are prOverb in Cincinnati. He was
indulgent and her husband was prodigal
Between them they built and fitted up a
palace in the suburbs of Cincinnati, where
petite, black eyed, vivacious Mrs. Meter
tried to make solon after the approved
Madame de Stael style, where the bright
est wittiest and wisest in Cincinnati gath
cred one night in the week to do her honor
Upon these occasions her costumes were
always works of art ana her conversation
was as brilliant and sparkling as any of her
more celebrated predecessors. After a
time Cincinnati became too small for AL
bert Meter; money did not come fast
enough. He thought that New York y7as
the place for him and he came here and
opened an Office in Wall street. IL was Just
here that his troubles began.
He had been on Wall street but year
when his office was found closed one morn
ing, and it was known that he was dis
gracefully connected with scheme to
re-hypOthecate bonds. His father in-law,
old Jacob, was many months huding out
and settling up his Indebtedness, In Au-
gust, 1888, the last persistent creditor was
paid off, and Albert Meter came back to
New York He started new firm on Wall
street. The other members Were John r.
Long, of Connecticut, and Carl f. keadal
Meter, in the Ives case, is d witness who
could tell much if he would. The real or.
ganizer of the railroad deal known as
the Chicago, Hamilton u Dayto
syndicate, of which Henry 5. Ives
was the chief beneficiary and ex-
Governor George Hoadly attorney.
However, Woodruff said later thai Ne-t Ter
received 100000 for his share in thl>.trans-
action, 1t must be said to Netter's cIe5it
that when Ives lay in Ludlow street jail,
deserted by everyone, that he alone visited
him and gave him aid in every way in his
power
While Mrs. Meter was entertaining in
such superb style In Cincinnati, and dis
playing her brilliant wit to the assrn bled
genius of that town, Albert was not alto
gether inconsolaDle. There are stories OF GER
tain footlight favorites whose voice and
limbs are alike objects of aamiration 10 New
Workers who charmed him in n lei Ire
moments. There are stories o beautiful
boudoir on Fifth avenue, OF i UaEhruCm,
where mirrors and gold and marble re-
called the most luxurious days of effeml-
nate Rome and of the orgies there which
would have made the eyes OF drunkards
of those old days roll out on their sockets
in amazement. All that was done there
was conveyed by kind friends TO Mrs.
Meter after her husbands flight, aud The
only result was to precipitate her de-
parture from Cincinnati.