St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-11-29

went TO others. Those who got all the
profits and never lost a cent through
him are now posing as victims. They
were behind Fredericksen, furnished
the capital, knew all about the business
and reaped the benefits. Fredericksen
did an immense business. In one year
he sold between 5000 and 1O0,0O0 acres
at - per acre. that he had bought for 50.
At the end of my first months cOnnec-
ton with Fredericksen told him did
not like his business methods and would
stay no longer. But l had got John
Johnston. of Milwaukee. nephew of
Alexander Mitchell, involved to LARGE
amount and had TO stay two years to
get him out, which l did. | insisted
that where FrederickSen sold any of
the lands to which Johnston held the
original title, il should only be as at
tOrney for Johnston. Hence, those who
bought the Johnston lands from Fred
erickson have good title. Johnston
charged FrederickSen only z per cent
interest, while others charged % per
cent bonus and an interest in tue profits
besides"
FREDERICKSEN's sKY-RoCKET CAREER.
MADISON, Wis, Nov. 2S.-Prof. n. Z.
Fredericksen. of Chicago. whose eigan-
tic and peculiar operations IN land deals
are attracting much attention, made
headquarte here for several years
after first coming 10 America. Prof.
Rasmus B. Anderson, United States
minister to Denmark under Cleveland,
was intimately acquainted with Fred
erickson here and prior to his flight
from Europe.
ut is long story" said Mr.. Ander-
son, when called upon 10y correspond
ent. II was well acquainted with his
history in Denmark, and " hen he came
t. this country he Immediately looked
me up. He was in the most prominent
political Il social circles of the Danish
capital; brilliant scholar, author of
several important works OH political
economy, and was. think, a member
of the DANISH parliament for about six
teen years. His wife is the daughter of
Bishop MOneid. formerly prime mill
iSSter of Denmark. and connections of
his family placed them among the
social and political lea IPrS of the king
dom. He was largely interested in
business enterprises i'll Denmark. and
ended in gigantic SmaSh-up, similar.
in some respects. to that he is at present
mixed up in. although | do not think
there was any thing criminal connected
with the former. He fled to this cOun-
try. but could have returned at any
time had he seen fit
Prof. Anderson, SAYS that he enter
tainPd suspicious as to the Legitimacy of
FrederickSen'S business as much as a
year ago. and was told in Denmark to
look out for him. as the reports rom
America reg riding him were tad.
SCANDINAVIANS SWINDLED.
GALEsBURG. Ill.,. Nov. Is The land
swindlerS. Frederick>en Il Co, of Chi
cagO. did thriving business among the
large scandinavian pOpulace of this
city and county. They had a local agent
here, their State agents and the
FredtrickSenS themselves made fire.
qutnt visits here. 1t is known that they
found many purchasers; that, with
hardly an exception. much difficulty was
experienced by these III getting deeds
after the final payments were made. and
several who recently made final pay
mentS have received 10 deeds. A brisk
investigation Is now OH foot to ascertain
whether deeds given are fraudulent Or
not. The heaviest purchases were made
by residents of Galesburg, Oneida, and
Altoona.