The times., 1897-04-10
DEANS DAZZLING SCHEMES
Planned to Work Washington,
But Business Was Dull.
HIS OFFICES ON F STREET
Fine New Furniture and Courteous
Attendance, But the Victims Lured
TO the Lair Were Not Numerous.
Expose Cane Too Early for a Long
Campaign.

The great E. S Dean confidence game
has a Washington side 1t is said that
soIIething like S15, 600 was sent to its
New York office from here by men and
hurry. That the victims of the swindle
were not many more is only owing To the
fortutous chance that other cities were
worked first, and Washington only par
ticipated in the very last act.
The history of the Dean company in
Washington commences three or four
months back, when the city was flooded
with the enticing circular literature sent
out by the firm. Pamphlets telling fairy
stories about riches like Ali Saba $ To be
had almost for the sayingof open sesame
were sent to street business men and de
partment clerks and even women who were
supposed to have money. The very lucid
explanation" of the scheme 10y which
money is made to earn o per cent "A
month was distributed literally.
The company must have been successful
in this campaign, for it was encouraged by
IL TO open an office here.
Two months agoit applied TO the owners
of the office building, at No 1916 f
street, for three fine rooms, which were
for rent on the ground floor. 1t is learned
that the owners OF the building made eX-
tensive inquiries about the firm in New
York and were perfectly satisfied as to
the reliability of the concern by what
they heard The rooms were engaged at
that time.
However, nothing was done with them
for some weeks, and il was not until two
or three weeks ago that fine lot of heavy
and expensive-loOking office furniture was
moved into them.
A Young man named Everett was en-
gagged by the firm as its Washington mana
ger He is not Washington man, and
little is known of him here. BE is a rather
good-ooking young fellow, who dresses
well and made a good impression.
The firm had not done any business 10
speak Of in this office. The furniture has
some OF it hardly been unpacked and the
whole place has an air of newness. There
was every indication, however, that a
large campaign was being planned, and
that il would soon have been launched on
us with al the brilliancy that the Dean
company has shown in other cities
A reporter for The Times was unable to
find Mr.. Everett last night. 1t was said
by people who had met him casually, how
ever, thatin their opinion he was an limo
cent party in the great swindle and be-
Iieved that he was acting in good faith
for a legitimate enterprise.
There is a large sign on the plate glass
window in front of the office building,
marked .E S Dean & Co Incorporated
~, RI
address of the firm is added. Inside the
doors the firm name again appears
As far as utward appearances go Mr..
Everett was most exemplary young man.
There were no cigarette stumps about and
no dizzy literature. The only object in the
room except the new furniture was a pint
bottle which had contained milk for the
young mans lunch, and a copy OF the
Universalist Missionary, or some other
religious weekly. There was also in sight
a copy of writ Of attachment on furni-
ture for rent.
A local broker was asked by The Times
reporter as to the nature OF the Dean Com
pany's game, last night ''Such business
can be carried on in an entirely legitimate
manner he said. and, indeed, it S quite
possible for combinations Of capital to in-
fluence the market in such manner as the |
Dean people claimed to, with great profit
oftentimes. The plan they advertised was
that by combining the large amounts OF
money sent to them by all their investors |
they could move the New York stock |
market in any way they saw fit, and make |
enormous profits. OF course, pool rooms |
are worked frequently on the stock eX- /
change, a1d are often immensely successful. !
Iti not by any means "A sure thing though |
Even the strongest combinations sometimes
fail. The trouble with the Dean company
was, apparently, that it made no invest
Inents at all, or very hazardous and ill-con-
sidered ones. and that in most cases it
simply transferred the money from the
letters Of it's correspondents to its inside
pockets"