Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1889-01-10

LArgs yamn~r sf Rngfi.h sna An~rfcna
csDsesitses van Bst 90 ts. scheme en-
I'm ths ssup.-
Nkw Yonx. Jan 5--rhs Evening sun
prints what IL calls 49, almost Incredible
talc sf gigantic fraud.' Il states that tho
Electric Sngnr Refining Company has
been dupcd tn the extent af over q million
dollars and that it's whole secret pror-ss
turns out to b. "a hurabug Of the most
fraudulent kind The "s-rrst proce~.F'
VA. the invention 81 Henry Y. Frirud. who
appeared in the trails about four y-ars
ago with samples OF wonderful sugar.
which he said hal been refined by hts
''slsctrir process" About . year aJp hs
indn~~d q number OF Eaglish and Ansrf-
can capitalists ~ organize accompany and
buy the 'ssecr~t process" from him. THIS
vas done, and factories erertesi. but no one
wxs azfuwesf inside Of th-sn sawe Frtrnd.
his wtfs and few ignoranf warkmen.
This rooms whers the refining was sup
posed tn be going on we're always kept s--
curely locked. Friend said ais process
was not patentablr, and h- could not AZ
ford to allow any one to share his 80
cret
In the meantime the stuck Of tho cuu-
pany had been bounding up until IL was
worth nearly $40 per share of sio9 par
value. Fricnd then began to unload. buf
suddenly he dird. The officers OF tho
company suspected nothing wrong until
\ few days ago. when it was found that
Mrs. Friend and all WIN hal been con-
nect-d with the factory had disappeared.
Mrs. Friend leaving wurti that she had
gone to the West President Cotfrill,
Treasurer Robinson and number OF
stockholders proceeded to the factory and
invaded the secret rooms. Whnt they dis
covered made their eyes bulgr out. and
zach and every hair their heads gave
limitations of the quilts of porrupine
when ir in frrtful- There we're q number
Of machines used in breaking cube sugar
into smaller PARTICLES and in granu-
hitting the coarser grades, and moth
ing else. There was no mysts-
r-ous electrical apparatus by which
the sweet stutf should b. transferred. A.
by q dnsh. into tho pur-st saccharins
crystals. no wonderful cylinders. pots or
pans charged with purifying electrical
currents. There were cr,ishcrs, and that
va. ALL An Investigation at once set on
foot, showed how the great schem. had
been worked. Not q pound of raw sugnr
had been r-fincd in tir factory. Quauti-
ties Of refined sugnr, chiefly cubes, had
1rT1 BufFlANTft bt tlit uNrf RAbFt tAlA PRIV
pared in some secret spot with chem
iral liqnid whirh eliminated the ordinary
impurities found in all sugars. This
'doctur-d" sugar was then carted to tho
factory in bags purporting to contain raw
sugar. The chemical used had crystal
ixesi ths cib-s tn lnrg- extent. and when
they wers broken they had finer appear
ancc and quality than sugar was ever
known tn POSSESS.
Mrs. Friend and those connected with
her received lnrgc sum OF money in
cash from the company and aheavy block
of the stock which was disposed of.
partly in England and partly here. at .
price away beyond its par valne. Just
how many persons we're Interested In thc
scheme does not seem clear, nor will tn.
officers Of the company tell Just how
much money was paid to them. although
they admit that adding tte cash and tho
proc-cds from the stock together, they
must have rcaliz-d a sum approximating
s.s0. 600. The schen. was cieverfy worked
tn this very lnst The Stockholders aud
oficrrs Of the company were kept in per-
feet ignorance to the future of the pro-
cess until the largest possible amount Of
money could b- secured, and then tho
bubble was allowed to burst. There is no
and the bugb.ar Of the sugar trust Is
dead.
Treasurer Robinson said to an Evening
sun reporter this morning: II am heart
broken ovsr the discovery that we have
masie.u and he certainly appeared as II hs
we're. Continuing, he said: ''I don't care
81 much about losing my own money, but
| induced numbers of my friends to invest
in the scheme. and IL is their financial
ruin that distrrsses me- Then had such
high hopes that tho scheme would bring
fortunes to all. oh. YES. we've be-n
shnmefiliy treated and deceivesi- It
means ruin IA us. It's the most outrage
GUS t1ing ever heard Of Yes, we hava
been over % the factory, and seen the in
terior Of tae secret rooms. [ would rather
not tell all that they contain. Just yet
am preparing n statement for the public
in which I will set all matters forth Just
as thew are
lis there no prospect Of being able to
save anv thing cur of the wreck.'
.Sot that I can see. The revelations
found in the facfnry prove the entire thing
to have been a eraud. President Cottrill
left for thr West "Wednesday IA try to hnd
Mrs. Friend and endrasor To learn what
ci1eniczl was used in the sugar, whiGh.
after IL il treated with IL, becomes re-
narkably pure prodnrt- II this proves To
be worth any thing, il may save a total
collaps-, but I can not have any faith in
IL Tcznnot tell Just yet how much stock
Is held here and in England. That viii
all come out in my statement
The process was kept secret. buf sam
piles Of the sugar said Tn bs refined wers
exhibited. II will probably be shown that
the samples were never made from tho