The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-17
CHICAGO POLICE
CONTINUE RAIDS
Turf Investment Promoters
Do Not Wait for the
Officers.

CHICAGO, Feb. 16.-Continuing their
policy of aggression against turf in
vestment companies, the police today
raided the Office of ]. c.. Rose & Co.
They found the doors locked, but upon
threats Of breaking them down, the
agent of the building was induced to
admit the police. A thorough search Of
the office disclosed the fact that all the
company's books had disappeared, only
a few papers being found in obscure
drawers.
When Benedict & Co.'S office was
opened this morning over 200 persons
were waiting at the doors, all of whom
held certificates of investment upon
which they demanded returns. The
crush became so great that all the
doors We're locked and only one person
at time was admitted. By noon $10,-
600 had passed from the company to
the hands of investors.
The case of Harry Brolaski. whose
place was raided Friday, was con-
tinued to Feb. %, Brolaski being held
under $500 bonds. G. w. loren and
N. B. Blackstone, managers of the Mid
Continent Investment company, also
were granted continuances.
A mass meeting of victims of the
various investment companies will be
held tomorrow morning in order to
map out a campaign of prosecution.
Benedict & Co. was the only one of
the alleged fraudulent turf concerns
that made good it's promise that it
would pay ali subscribers who pre-
scented their certificates today.
H. BrOlaski q Co. closed it's doors
Saturday and today an agent stood in
front of the elevator on the floor oc7
cupied by the concern and informed all
inquirers that the office would not be
opened until next Monday, when every
man and woman would be paid.
Agent Locked Up.
H. B. Blackstone, local agent for E.
J. Arnold & Co, was locked up when
his case was called today on failure to
secure bondsmen, to await his hearing
on Feb. 20, his bond being fixed at
$500.
The office of George Silver, Room SIS,
so Wabash avenue, was raided today,
but when the police arrived the doors
We're locked and the occupants had dis
appeared. Evidences were found, how
ever, which, it is said, tended to show
that Silver had been conducting a turf
investment business.
z. ]. Arnold & Co. were prominent
here during the last racing season at
Harlem, Hawthorne and Worth, win
ming numerous races. Arnold was al
ways a heavy bettor, never it is said,
wagering less than $1,000 at time.
His greatest victory was that of Bes-
sic Mccarthy, which horse beat some
high-class racers. Meantime Arnold &
Co. were running books. When Lake
cid Tho c,Y71Ty 7a11TY
er, and his leads were closely followed
by race track followers. He is reported
to have lost over $25, 900 at Lakeside,
and it is said that his downfall dated
from that meeting.
From Chicago he went to San Fran
cisco, sending part of his string of race
horses to New Orleans. At neither
point did he make any decided WIN
nings, however. His stable included:
Peaceful, Maxinus, Bessie Mccarthy,
Mary McCafferty and Fitz Brillar.
While in Chicago Arnold lived in eX-
pensive style at the Auditorium and
spent money lavishly.
Arnold is said to have begun life as a
cab driver, became later a gambling
and race track follower and was ar
rested four years ago for keeping a
pool room in Quincy street. At that
time he was known as Webb.
Arraigned in New York.
NEW YORK, Feb. 16.-Harry Cart
wright, William TreadWell and Charles
E. Goodrich, the alleged turf swindlers
who were arrested Saturday, were ar
ranged before Magistrate Breen today
and discharged. They were immedi-
ately rearrested by a United States
marshal and taken before United
States Commissioner Shields on a
charge Of using the mails for fraudu-
lent purposes.
Commissioner Shields held them in
$1,000 bail each for examination on
Wednesday. Cartwright, Who accord
ing to the police, is the one who really
prOfted by the business of Crawford &
Co, furnished $1,000 in cash and was
released. The other men, who were
his clerks, according to the police, were
locked up in default of bail.
The letter upon which the police
based their complaint was one written
by Crawford & Co.," in March of last
year, to George M. Betz, of Princeton,
Ill, who sent Crawford & Co. $50 to in
vest, but says he never heard from it
again.
John J. Ryan Arrested.
ST. LOUIS, Mo-, Feb. 16.-John J.
Ryan, head of the turf Investment
company bearing his name, was ar
rested this afternoon on a bench war
rant issued by Judge Douglas. Ryan
had been at the Four Courts all fore
noon in company with his attorney,
Charles B. holland, waiting to testify
before the grand jury. The indictment
alleges fraud and conspiracy to COM
NIT fraud, which is the same charge
brought in the indictment against Ar
mold and Gill, whC are believed to have
gone to Mexico.
The joint legislative committee, ap-
pointed to investigate the methods of
business followed by the turf and other
investment companies for the purpose
of using the information as a guide in
the enactment Of corrective legislation,
got down to business today in earnest.
Witnesses representing the following
We're summoned:
Turf Investment Companies-E. F.
Arnold, ]. j. Ryan & Co, International
investment company, the Christy syn
dictate, St Louis Turf syndicate Bro
lask Investment company.
Brokerage Firms - Cleage Commits