The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-05

! ments. Under these circumstances I
| wish nothing further TO do with the
matter ma and you have made bad mess
Tor US all. FRANK
Frank dispatched the following to his
| brother:
NEW YORK, March 20, 1898.
H. II. Mcdonald Jr., Pacific Bank
San Francisco: Johns and Fitch both
mere. Both tricky on Raisin question
fully. Their present plan dangerous
and a. impr@actieable, rae and they offer only
are trying to see If we can devise any
practicable thing we can accept.
FRANK.
On the same day, in discussion of
the same subject, Frank also sent the
following telegram to Dick:
Better wire Johns to return me Raj
sin trust agreement. It should never
trust deed, but trust agreement, and
our private matter, and that copy was
for confidential use of you and Pacific.
We really did not wish him to know
exactly its contents.
Two days later Dick received another
telegram from Frank, who indicated
the progress of the conspiracy as he
understood 1t. His dispatch was as
follows:
Having much trouble with Fitch.
He claims you and Johns made con-
tract with him for new 6 per cent
bonds, which we must issue and de-
liver or he will sue. FRANK.
FRANK STANDS UP THE SOUTHERN
PACIFIC.
On April 10, 1893, Frank wrote to
Dick, telling him of his treachery to
that offshoot of the Southern Pacific
Company, the Pacific Improvement
Company. Frank needed money bad
ly he knew that he had the Pacific
Improvement Company by the throat
and took a desperate chance. The
young schemer also told his brother
how he had failed to get any money
out of his father. The young man wrote
as follows:
NEW YORK, April TO- 1893.
My Dear Brother: 1 have been after
father to send you his stocks to sell
to-day turns over this little dab of
fifty shares of California Electric
Light to be sold for his account and
shares held by Miss Grant and he will
indorse them and let you sell them
too. / hope tomorrow to have an
other check from. the Pacific Improve
ment Company In payment for an
other batch of their bonds. They
practically agreed to take them all be-
fore this, but they are so hard up and
they have guaranteed to take back,
that they ask for more time and are
even willing to pay accrued interest
from the first of the month for our
waiting. / hope, however, they will
come to time tomorrow. Our placing
them with the Commerce, Park and
Chemical and then stirring them up
with our own brokers and finally my
threat to place them in the hands o.
the auctioneer, Adam Muller, and let
them go down to so if need be eve OF
course buying them in to protect our
selves), and thus have public quota
tion that would be disastrous to all
their business of sales and borrowing.
This they could not stand, so they
are buying them in as fast as they
can. The auction matter was the last
desperate remedy, and If it failed
and made us lose greatly more on
theirs. OF course you understand while
the sale was made through Crane, an
acquaintance of Eastland, and one of
the Southern Pacific's outside iuen
here, I could have made it through
other agencies the minute the s. F.
crowd were willing to buy. Only
probably Eastland got one-half of one
per cent the better price. / am afraid
the S. p. people do not love us very
much for forcing them TO buy. A.
though they have made us lose si0,-
900 by their bad faith in not protect
ing their securities as they said they
would do when we bought them. Your
loving brother, FRANZ
THE CONSPIRATORS HABlTUALLY
FALSlFlED THE BANK RECORDS,
Franks thievery, deliberate and con-
scienceless, was never better illustrated
than In the letter he wrote on April IS,