The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-03-21
like A ROMANCE.
Career of Paul schulzc, Great
Western Swindler.
ENGAGED TO MISS WAINWRIGHT
And Stole Nearly Two Million Dollars.
Shot Him.eif ON she Eve OF inys,,isa-
don-A Remarkable Career = A State
msnt ofIils TiIehIngs.

man 1Tuul 5ClulEe HuNt IcuNlltu SHl-
cago by wire. But the San Francisco
Examiner has just published the au-
thenac story OF his career and It is
startling enough to read like fiction.
A year ago people spoke OF Paul
schulze as one OF the great men of the
northwest. For years trusted official
OF the Northern Pacific Railroad Com
pany and a friend OF men In high
places, his fall. his tragic death and the
change OF public sentiment concerning
him form one OF the greatest real life
stories OF recent years.
For months past Investigations have
been going on in dozen directions to
ascertain the amount Of his steallngs.
Within week compilation has been
made showing that his embezElementB
and defalcatIons reach the enormous
total OF 81, 60, 900. Yet until the DAY OF
his tragic death his most intimate
frleuus supposed that no more honest u
man lived.
The losers by his ~'rkedness include
the best friends he had in the world,
among them Mrs Kate Schulze, his d.
vorced wife; Henry Willard, Walter
Cakes, son OF President Thomas II.
NhhEht Vi kAlt aNAANf "hb
gave him position and influence. Seven
or eight companies In which he was In
terested suffered heavily.
II has Just come TO light that over
fifteen years ago SchulZe was a heavy
detaulter from the oregon & California
rRilway-now branch Of the Southern
Pacific In this connection II Is claimed
that he was guilty OF one OF the most
dAstRrdiy crimes that man can fnntet
upon his fellow being. After stealing
81. 900 or more he charged the embeZzle-
nlent to his assistant, an old man who
died In Portland In 1850. Not only was
that honest mans character blackened
after death. but his wife and family
were made destitute. for the corpora
ton sued the estate and recovered the
full amount, while Schui=e smiled
blandly and was shortly promoted by
Henry Willard to a high position in the
Northern Pacific.
What did Schulze do with this money?
He spent part OF Il on wine, women and
riotOus living. Some OF II, II Is claimed.
went 20 Miss Marie Wainwright. the
actress, to whom he was engaged TO be
married. The rest Is explained by the
current phrase that The robbed Peter to
pay Paul" Schulze had no fortune OF
his own, yet he invested fortunes in a
number OF the enterprises named. He
robbed the Northern Pacific 10 buy the
Tacoma street railways. He robbed
both to put money into his irrigation en-
terprise. He robbed them all to sink
money in certain town-sits schemes.
He robbed them all to get money for
fast living.
He always lived beyond his salary.
Apparently he was a prince; a man
whose income was unlimited. a man
who could build railways, own news
papers, reward his friends and punish
his enemies; In short, n man who was
cutting wide swath in the business
world and who expected that eventually
his name would be placed alongside OF
that OF Vanderbilt. an Astor, a Gould
or Rockefeller in the list OF men who
had conquered the material resources
OF the country and made themselves
multi millionaires In so doing. Such, In
fact. was SchulZe's object
He was the son OF Julius Schulze.
member OF the Royal Prussian Econ
omy Council and baron by courtesy.
His mother. Louise schulZe. nee Karbe,
was also an aristocrat. Both father
and mother are dead. SehuiEe came to
this country when he was twenty years
old. He finally obtained place and pow
er through Henry Willard. his country
man. His ambition was to control, con-
quer, develop, build up the northwest;
10 become to II what Cornelius Wander
bllt was to New York, and finally. when
he had q large permanent income. TO
live in London and be known as one OF
the great financiers Of the age.
This IL not Idle comment. SchulZe
stated his ambitions TO his friends. He
outlined this plan TO them In 1890. when
he returned from New York and Wash
Ington. where he had met and Interest,"
ed In his schemes the officers OF the big
eastern electric companies and other
capitalists.
About 1870 Henry Willard became In.
terestsd in the oregon & California
railroad through the German bondhold-
ers. In 1873 Schulze went TO Germany,
where he met Willard. whose acquaint-
ance he had previously made. He re-
turned to Oregon with Willard and by
him was appointed land aent OF the Ore
gon & California railroad, his previous
service having been in a subordinate
capacity. He remained land agent ten
years. In 1882 he was made immiErn-
ton agent and soon after general land
agent OF the Northern Pacific. OF which
Willard had obtained control. In 1857
his Office was removed from Portland 10
Tacoma and he lived there until his
death. He became n close friend and
associate OF Thomas F. Cakes and other
high officials OF the Northern Pacific
schulLo's Fiiehings.
Northern Pacific land departments 10000
Yakima Investment Company. 2i0.00l
Spokane real estate syndicate. 22S.OOO
Tacoma Railway and Motor Com
pss %Py $ Wilt aisaI ' :SSSs
5sSS!horn PSciScS..;.; ...;;:....::; $500
wife talInony I prcim!ssd}; .....,... 5000
Nnrt barn InnI mud DnNhlhnrnnnl