The morning call., 1893-10-12
DEALS IN BONDS.
How NJ. Solomon Wrote
of G. j. Burgheim.
SUIT FOR HEAVY DAMAGES.
Solomon Warned Parties Not to
Purchase Bonds From Burgheim.
His Previous Career.

G. J. Burgheim has brought sui: against
Moses SalomoD. doing business under
the style of NJ. Solomon & Co.. to re-
cover $25.O00 for libel.
1t appears from the complaint that
Moses Salomon & Co. are engaged in a
real estate business under the style of the
Gelman-Austrian Premium Bond Ex-
change, while the plaintiff is the manager
of the Oregon branch of the business
house of PolitZer q Co., whose business is
the buying and selling Of European pre-
MUM bonds.
The plaintiff states that he does not
know the exact nature of the business
transacted by the defendant firm. but be-
lieves it to be the disposing of European
premium bonds, at the same time inducing
the purchasers of the bonds TO exchange
them for pieces of real estate upon
which the defendant reaps double profit.
to-wt: from the sale of the bonds and
from the sale Of real estate"
On September :6. 1898. the following ad-
vertisement appeared in the Morning Ore
gonian. which, the plaintiff alleges. was
inserted by the defendant:
Beware Of bond swinders
ave hereby caution The public TO beware OF
certain obscure firms OF San Francisco dealing
In European premium bonds For information
inquire of nj. Sal0mOn & Co., S21 Market street,
San Francisco"
The result of this publication. it Is al
legged. was that the following letter was
addressed TO SalomOn 81 Co. from Julius
Ar0nson, resident OF Portland:
PORTLAND, Or, Sept. 6. 1893.
Messrs. M. Solomon DC Co., san Francisco,
Cdt.-GENTLEMEN: In this mornings OregO-
nian noticed an advertisement OF your lrm,
warning the public against dealings with some
obscure houses In San Francisco who are sell
ing European bonds. have bought some OF
these bonds on the instalment plan from
Politzer & Co. OF your city. through their
branch house here. and since you so kindly
offer In your ad. TO give further information
please let me hear from you and greatly obiige.
Yours respectfully, JULIUS ARONsoN,
14l West Park street.
To this letter the defendant firm is said
to have replied in the following terms:
German-Austran Premium Bond Exchange
and Real Estate. Nj. SaOmon & Co.:
SAN FRANCISCO. Sept 8. 1893.
Mr.. Julius Ar0nson-DEAR SIR: In reply to
your inquiry, dated September 6, we beg TO In
form you that the firm you mention charges not
cases as much as four times their actual value.
but also some OF the bonds are very Improbable
to the purchaser. In fact, The firm does not
care what the bonds are, so long as 1t makes an
immense profit. The representative, q. j..
Burgheim, was for long time manager of The
notorious New York bond swindler. E. HOrner.
who performed the most audaciOus swindllng
transactions all over the United States. being
finally elected from Chicago and several other
large cities where he had branches. His branch
here was under the direct management Of g. j..
Burgbeim, and during his time the citizens
OF this State have been swindled out of prob
ably over 100000. until we finally exposed
their actions and they were obliged 10 look
elsewhere for fields TO operate. OF course you
can draw your own conclusion as to the firm by
the man who represents il. We consider this
Information strictly confidential; however, you
should warn your friends accordingly. Yours
truly. M. SALoMoN q Co., per 5. s.
L. S.-We cannot 60 into details, as we do not
know what bonds You have bought. II you
will let us know The names and dates we will
give you tie exact value.
Aronson, 1t appears, did not treat this
communication as altogether strictly con-
fidental," for he showed it to all his
friends, and the matter came to be talked
about all over Portland. In consequence
OF this the plaintiff AYERS that he has suf-
ferred in business to the extent of $1,000
and in damage to his reputation S20.0
wherefore he brings suit to recover $4,000
damages.