Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1894-08-01
TINT oRpER FOR STOCK.
Holr "TOut" ia Washington made
Trouble for Mr.. Camden.

Special 20 The Wheeling Register.
WASHINGTON, July 26.-While the Sen
ate sugar investigation committee has not
completed its work nor made any report, it
can be stated with positivenesss that the
members have learned enough TO convince
them that the newspaper stories charging
Senator Camden with having speculated in
Sugar Trust stock were made up Of the va
guest hearsay that was ever used as basis
for an attack on the character of public
man.
The slight Importance which the investi-
eating committee attached to the story is
shown by the fact that it never thought it
worth while to recall Senator Camden as 8
witness in the matter, although he was
anxious to appevr aud meet the charges, if
they were ever put in sufficiently tangible
shape to be met and refuted in detail.
1t appears that the man who originally
made the charges and claimed to have had
in his possession an order from the Senator
to buy sugar stock. was formerly employed
As a sort of "tout" in brokers' office here.
The man bore anything but savOry rep
utation and it is said before he disappeared
from Washington, he issued a number of
checks on which the holders have not been
able to collect the money because there was
no money in the banks on which they were
drawn IN meet them.
The men who hold these checks are very
anxious to have the missing man return to
Washington If he does, they promise to
to see that he is provided with an extra new
suit of striped clothing.
The investigating committee have un-
earthed very interesting story Of the man
ner in which this bucket shop tool worked
up business for his employers. 1t appears
he was given a commission on all the
orders to buy or sell stock which he brought
it.
During the excitement about the sugar
tariff. when there was a rage for tips from
the Senate for use in Wall street specula-
ton, this man would approach spectators
aud tell them tina; Senator So aud-So had
| lust given him an order to buy or sell SOC
or 600 shares Of sugar stock. He would
then point out to his intended victim that
Senator So-and.So ought TO know what he
was doing and big money was to be made
by following the Senators example.
I'm this way the "tout' would get an order
on which the brokers who employed him
paid him commission. Sometimes when
dealing with wary spectators, the tout
would. it is said, go further and write out 6
bogus order to buy or sell stock, signing tC
it the name Of some public man, preferably
the name of s. Senator reputed to be wealthy
| These false orders he would show to his VIC
tins to convince them that what he said
was true and 10 induce them to give him
orders to buy or sell stock. There is little
doubt that the alleged order by Senator
I Camden was gotten up in this way, and was
intended to be used only as decoy to get
business for the tout" The latter proba-
I bly never dreamed that this sort Of game he
was playing was a species Of forgery which
might send him 70 tie peuitentiary.
When the sugar investigation came on
and he discovered where the possession Of
these fake orders might land him, he disap-
peared. and the men into whose possession
some Of the orders fell, suspeoting their real
nature destroyed them. These are the IN
side facts, it appears, As far as the invesii-
gators have been able to get at them.
.a.;...l ~ IN S.+,-5s,. ,icbt