The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-03
BOYS ROLLING IN WEALTH.
MONEY THAT rs MADE IN HANDLING
CANCELLED STAMPS.

The stamps Sold to Dealers, Who Wash
Them and Sell Them Back to the once
Boys Who Brought Them - Arrest of
Charles Turney with SO, 100 In stamps.
Revenue Agent Frank G. Thompson and
Inspectors Edward Long and George ONeall
arrested Charles Turncy, alias Patrick Mona
han. brokers' messenger. last night at III
Livingston street, Brooklyn. and seized 81. 700.
face value, In documentary revenue stamps In
his possession. The prisoner and friend have
been roaming at the Livingston street address
for week. Abort -.EFisA. face value. Of the
seized STAMPS had been washed. or restored,
Agent Thompson declared. after a microscopi,
examination. In trdnk were found ink
Graduating acids and quantity OF genuine
Government mucilage such as Ia used upcn
postage and revenue stamps. The prisoner
was locked up in the Adams street police sta
ton. His right address is said to be 227
Sackett street. and his parents reside at Sixty
first street and Cowenhoven lane. Bay Ridge
He is 30 years old. The revenue officers ex-
poet to arrest his roommate.
The denominations Of tho seized stamps
range from cents to $50. About 100 memo
randum slips Of sales Of stocks with the re-
aured war revenue stamps attached were
found in Turney's trunks. The memoranda
bore the business headings Of thirty or forty
Wall street houses. including McIntyre <
Wardwell. |. X s. Wormser. A. A. Housman 4
Co., Henry Clews Il Co. Post & Flagg. Body.
Mcclellan Co.. J. S. Bache & Co. Bell 4 Co..
Rolston Bass and Moore & Schley The
revenue officers believe that Turney got pos
session OF these memorandum clips through
dishonest Office boys. or messenger boys and
that he intended to remove the cancellation
marks with acid, re- gum the stamps and sell
them to the Same office or messenger BOYS at
rates below those charged for new STAMPS
eXnEkpTutlOD
eminent is losing revenue amounting to one
bird o. the total receipts n.ths district" said
and office boys IN the Wall street district are
rolling in wealth few, DAYS ago we had
found ten SD bills, This man mr. Tu HE" was Ms
Office BOY ont to BUY sta Sy fGna ms
as high as $50 70 put on MEMORANDUM OF sales
and the boy buys Of some dealer in washed
filed away. Then tho boy takes another
them to the dealer for 80 per cent face value
The dealer or some enc in the gang does tho
nloyee who is directed to aiiix and cancel
spy stamp simply does not cancel it and sells
the Wall street district are about ns sharp as
they make EN- and just now are lining their
m DSSEsts t Tth s3n t is simply nmaInG the
money than the dealers in the washed stamps
inc dealers are working In big gangs and
have plenty Of money to defend themse
when caught at It. / am afraid that Turney's
arrest Is but drop in the bucket.
Of the firms have not used the u tiS Value Se Of
stamps the sales Indicated require"
Agent Thompson said that the dealers In
Illicit stamps have strong financial backing
and when caught at Illegal practices have en-
pensive counsel and pay heavy fines without a
murmur. Jacob Miller and Emanuel Alex
ander. who were sentenced yesterday. after
being convicted ri practices similar to those
charRed against Turney. had Blk lawyers 10
defend.them, Upon announcement of the SON
tence one'of,the minor counsel hurried up to
thu, Circuit Court Clerks desk with big roll
$500