The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-08-11
WHOLE GANG FALL
Continued from Fifth Page.)

would be forthcoming; If 500, a profit Of
$500. This was done under the name or
Patterson & Co. and at the expiration
of ninety days Patterson & Co. went out
Of business, and no one received pen
ny In return
Then as Tolman & Co. they issued a
very entertaining little book on grain
specializing wherein it was shown that
the speculator could play both sides Of
the market, and with an investment of
$50 secure a profit OF $500 on the long
side and $40 on the short side OF the
market.
Then Mcclure and Craig went to New
York and blossomed out as J. NJ Nor
gan & Co., with an office at No 40
Broadway, getting as close to the name
Of ]. p. Morgan & Co., the celebrated
bankers, as possible.
The postoffice authorities in New York
finally became convinced OF the fact
that they had no such party IN the firm
as Morgan. and they were compelled to
change their name and took that of
Price & Co.
AS mining stock brokers they have
flooded the country with circulars show
ing the man yemirtS of the following
mines: The Monadnock, the Conserva-
tive Of Cripple Creek, and the La Belle
of New Mexico. The first two mines
vert capitalized at s., 900, 600 each The
claims are located in the vicinity Of
Cripple Greek, and, it is said, are not
worth so cents each. In the literature
they claim to have an Office in the Ia
Dor block in Denver, and Investigation
SHOWS that t1ty rented an Office there
for a month, put in an old desk and a
couple Of chairs. and at the end of the
month moved out without paying their
rent. and the secretary of these s., 00O, 600
at last accounts was waiter in one of
the restaurants in Denver. SO much for
the mines in which they sold thousands
Of dollars worth of stock to various Gus
toners absolutely on false pretenses.
TOOK IN LARGE SUNS.
The entire gang have been engaged,
1T is asserted. in systematic course OF
swindling for the past three or four
years. They have accumulated thou
sands Of dollars by their shady meth
DDS and each individual member of the
gang is rich today. They have taken in
at least $3.50, coo. w H Mcclure re-
Gently showed a certificate of deposit
in his wife's name on the Chemical Ma
tional bank of New York for s10o. 900.
lIty are, the, the FEDERAL authorities
say, the most adroit. bold and danger
Gus confidence men today in the United
States They have persistenly and
Systematically defrauded without one
exception, ii is said, every customer they
have inveigled into their net. They new
err returned cent under any protest.
The above statement shows the depth
Of the investigation conducted by Mr.
Him and Major Stuart. After the men
were arraigned before the commission
er Mr.. Hill said:
IF their victims will notify Mr. Stu
art or myself we will make such a case
against the men that they will spend the
remainder Of their days In the penitenti-
airy. One Of the detectives in the en-
ploy of the federation secured employ
nelt in the printing Office Of the gang,
and copies of all letters. circulars and
advertising matter are now the hands
Of the postal clerks, and another detec-
tive is said to have been in the employ
Of the gang AZ their office"