The Providence news. (Providence [R.I.]) 1891-1906, 1897-11-12
AT WORK ONCE MORE.
Continued from Page I.

moving for dismissal said that it was
only for lack or sufficient evidence To con
Wet. The defendant is not entitled to
any consideration on tho score of charac-
t9r, said Mr.. Nicoll at that time. The
trouble OF 4. Il. Ward * Co., with the
Consolidated Exchange is too fresh in the
public mind to- require mentioning.
such IL the present composition of the
ring which has replaced thee"E. :.
Dean" outfit by grace Of the leniency OF
the Federal authorities. Its scope of op-
erations Is tremendous
When j. Il. willard * Co. failed re-
Gently. 4. 5. Mcmillan a. Co. burriedly
assumed tho country wide scheme OF
telegraphic agency work, which the con-
oern had found so profitable The head
Office, In the Lords Court Building, is
connected by private wires with
branches" in every part Of the country,
rs well a with the offices of lIagelweide
" Co., Stuart Paddock ~ Co. and 4. +.
ward d. Co.
Ihes, offices In the Lords Court Build.
ing are as inaccessible To nybody not
known TO the "lookuts" Gs.. a faro game
under reform administration. Alfred NJ.
Goslin. the head of the syndicate, directs
things personally from an inner room.
To reacn him q visitor must undergo
cross-examination in three seps rate rooms
by 0ld-time employees, who know the faces
OF Goslin's privileged visitors as well as
directly 10y Il. ). Mcmillan ~ 20. That
firm IL simply thesclearina house for the
branches In various parts OF tho city and
country. Both the Western Union and
Postal Telegraph Companies have numer-
Gus wires running into the offices OF Nc.
MILAN IL CO. and several operators are
employed during Change hours These
operatives and the other employees are
drilled like "A steamships craw for emerg
Ut11v duty
Emergency dutv," Rs understood in
he Office of Mcmillan x Co, means "a
raid by Federal or police officials In
uch contingency every smploye knows
ust what papers to seize. hide ana de
trov. No books ara kept in the Office of
Mcmillan x Co. that might bo seized by
inquistive officials. Each days "busi-
ness is entered upon large sheet which
could easily be concealed or destroyed I'm
hurry. The only book kept there is
cash book used by MIR. Goslin. The other
books are cashed in law Office In New
street along with tho general account
ants of the firm. The private wire service
OF the various firms compressed in the
big bucket shop syndicate costs fortune
month, but 10 brings in golden returns.
Ihe private wires" run to different
parts OF the country. with looms dropped
at different places along the line: each
loop costs $40 "a month. The quotations
are sent from the Ntw York Office and
received hv "A telegraph operator who
places the figures on blackboard.
Stuart & Paddock occupy exten-
sjvo Offices at No. t6 Boardway.
According 10 their advertisements
Offices in the Ames building Bos,on;
the Betz bullding, Philaielphih, aud at
No 1888 street y. W, Washington.
smaller branches arc no Reading, Pa
Worcester, Mass, and Lancaster, Pa.
There is also IA branch office In opera
tion in Providence.
paddneg- the Junior nefnit-r IF the firm,
travels about overseeing the out-of-town
business. while Kellogg attends 20 the
Now York Offices. When Paddock gets
AN out of town agent upon whom he can
rely he trusts him with direct wire TO
the office OF MoMillan a. Co. II the agent
IS only an ignorant tool as some OF thom
nrc, tho wire is run into tho New York
offices of Stuart ~ Paddock, and all
messages arc rclayed TO the head
office -
Tne manager OF stuart & Paddock's
New York Offices is one Eugene Packer,
who once ran a bucket shop OF his own
~ No 90 Wall street, under the title r.
ID. Morgan * Co, bankers " Later on
as Robinson * Co, he did business at
another stand, made much money, went
out one day whom tne market turned
against him and neglected 10 return until
the excitement had blown over.
(ieoreo HnRelweido a 20. occupy the
cid Offices at No. 10 Wall street in which
Stuart, the now ret red member of tho
firm of stuart a Paddock oTerated on
hi. own hook several years uCo. he
elabornts furniture In the offices IL the
sams which formerly oqrinTed the rooms
OF ''M r. O'Connor * Co., " In tHe old
dnys before che Il. ;. Dean smash up. wv
+. O'Connor a. Co. Z" Consistcl OF ucrald
NJ. Eberman aud Alfred NJ. Ooshn IN
those days Ths firm ~ "Hagelwoiao S
Co, :" now mbracss GeTa Il NJ. Eberman,
W. r. Mitchell and ( o lrxa Hagelwodc
Despite the fraud orders" lssu'd hv
tie post' fiice department, Tire firma OF
Stuart q Paddock anu Ut orgo ~ igolwicdc
a. Co., rave both tcRun Co td,cit!so
heavily II late and TO delu9e with cir.
culsrs tho raral districts from which I'm
former times "E. ID, an a. Co" rcaped
"a monthly harvest of half "a million dol
lars The style oi the circulars and ad-
vcrtiscmeuts has h''ii chnpged, however.
The "discretiOnary y II nture as such
has been dropped ard r. padiock's
launiy booklet. Speculation ys. savings
Banks" has been succeeded by ~ less
ilamtoyant- -namphlet issupd wcrktv. un-
tilted, six Days with King Cotton.
Mcmillan a CO. do not advertise in
treir own nHino. They arr satisfied with
tho 'cOmmiSsions' Incident o. the
handling Of the business ~ their own
Geographic agencies and that delivered a.
them hy stuart a Paddock ana Hagcl.
~ A. In