The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-25

financial circles began to make investi-
cations, aroused the public interest to
such an extent that, it is said, within
the last week, Miller has received de-
posts of hundreds of people aggre-
gazing daily amount of from 5000
70 100000. Ii is easy to see how, under
these circumstances, the Franklin syn
dictate could pay out 10 per cent of this
amount week and still make money.
Not only were the people living in
Greater New York making large de
posts with the syndicate, but cities
all over the country contributed the
earnings OF scores of their residents to
swell the wealth of the syndicate.
The mail delivery daily at Miller's
once amounted to about three wagon
loads and most of the letters contained
money. Miller had a faculty of dis
playing large amount of his wealth,
and the offices on Floyd street were
piled high with greenbacks of all demo
limitations and heaps of gold. This
seemed to lend confidence to those who
came with their little subscriptions.
For several weeks the United States
postal department has had its trained
Investigators at work trying to catch
Miller ana his associates, but in vain.
Rev. DR.. Meredith of Brooklyn, a
former pastor of Miller's, complained
to the Brooklyn police that the man
was swindffug the young men of his
congregation. Miller was formerly a
member OF DR.. Meredith's church and
became acquainted with many of the
men belonging to the congregation.
Inc police official to whom DR.. Mere
dlth complained is said to have told
the reporters investigating Miller and
his operations
Miller claimed to make abnormal
profits in Wall street. but there is no
evidence that he ever specialized in
stocks 90 any extent. His employees
threw out vague hints of inside inform
alton, which Miller, they allege, pos
sessed. For instance, at the outbreak
OF the Spanish-Americau war, it was
Claimed that Miller made immense prof
its out Of Cuban bonds and despite the
fact that these bonds have not been a
taVorit1 form of investment with fin
anciers, they succeeded in making thou
sands OF poor people believe the story
Later 1T was announced that Miller was
in with senatorial clique at Washing
ton, from whom he received tips on the
market. Still another story extensively
circulated was that he recently made
25 per cent profit in single day on a
transaction in transeontinental railway
stock. This, despite the fact that since
Miller commenced his operations, no
transeontinental railway stock has
moved up or down % points.
On Tuesday of this week, just before
charges of libel were preferred against
Miller, he is said to have taken in 1885,,
900 and paid out $91, 900 The confden-
ti6l representative Of one of the banks
who visited Miller's office about this
time, said that ne never saw so much
money scattered around loose in his
life He said that it reminded him of
one of the tales of Monte Christie and
Monte. Carlo combined, but that as an
absolute fact, Miller did not have ia
dlities for taking care of all the gold
and greenbacks which poured in upon
him, and empty barrels were brought
up from the basement of the building
in which he operated, and tens of thou
sands of dollars were dumped into these
barrels by Miller's employees.
one of Miller's trusted employees
stated that the Franklin Syndicate had
taken in more than S4,OO0,O0O. 1t is
known that, when the banks shut down
on Miller yesterday and refused to ac-
cept his deposits any longer, he with
drew S150O00 from the Wells Fargo
bank. 1t is asserted tonight that Mil
Ter deposited 100000 with the German
consul.
Miller who is very young and insig-
l,ificant looking, possesses two positive
characteristics personal magnetism
and frozen calmness. During the last
tvs or three days, when his every
movement has been watched by de-
tectives ard reporters, when crowds of
depositors flocked to his establishment
he never lost IS cuiet ways, or be-
came angry. ne spent few years
with Heverin &. Co, Wall street bro
kers. but never achieved much of fl
nancial reputation there. His counsel
Col. Robert Ammon, claims that Miller
in an oe his methods, has proceeded
along lines strictly legitimate.
Tonight. even after Miller had been
denounced in the most unmeasured
terms. probably two thousand persons
gathered about the building. The
doors of the office had been closed at .
o'clock. but business was resumed
shortly before s. The would-be de-
positors were formed in line by the
police, reaching down $50 feet into the
street. Business was carried on for 81
minutes. During that time 80 persons
deposited money and not one drew out.
This showed the confidence of Miller
public in his rocket, although at that