The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-15
SILK STOCKING SWINDLERS
ARRESTED IN NEW YORK
Art COnnoiSseur and Two Stylish Associates
Charged With Misusng Mails.
Operated Progressive Turf Speculation on Stupsndous Seals
and Made Professional Men Victims

Anew YORK, Feb. 14.-Tfree men
" were arrested by central office
detectives and through the
cognizance and desire of postofice
inspectors today in two raids. for
alleged improper use OF the mails.
The prisoners are Henry G. Cart
wright. alias Crawford. broker
OF Brooklyn; William Treadweu. alias
George F. Strong, a broker of Brook
Iyn. and Charles e Goodrich, a clerk. Of
Manhattan.
Cartwright and TreadweH were ar
rested at so Nassau street and Good
rich al lis Nassau street. The men. il
Is alleged, are combination workers III
progressive turf speculation under
the firm name Of Crawford &. Co
Turf Correspondents and metropolitan
Turf Commissioners, p" with offices at 10
Nassau street
Some time ago Inspector Brooks re-
ceived a letter from Mrs. Gilroy of
Montclalr, n. J., complaining that she
had sent money to this firm for spec
ulation and had received no return or
reply in spite of numerous letters. The
detectives investigated the matter and
today interrOgated Cartwright He
said he had been selling puts and calls
under the firm name OF Crawford &
Co. They did a turf business, but had
stopped handling accounts about a
month ago. when they returned to the
people all the money doe them
Made Docs a Speciality.
After the arrests the place was thor
oughly examined. Literature in enOr-
nous quantities was found. Besides
this, thirty more mail bags full were
taken to the police headquarters.
The circulars explained the three
horse and One-hOrSe wire system. The
police say that the system of the firm
has sent out ads" particularly in
country papers. and in return great
Quantities of answers would be re-
ceived asking for information.
A reply would then be sent by the
men Cartwright and TreadwelI. under
their own names, explaining the scheme
and referring To the Crawford company
and George F. Stone fer reference.
A speciality of clients was made in
professional men, especially physicians.
Six books were found in the Office of
Crawford & Co. which contained the
names Of none out physicians. On the
cover of each of the books was the
word Done" Inside there was a check
at the side of each name, showing that
the person had either been a client or
been communicated with. There are
dozens of complaints in addition to that
of Mrs. Gilroy-
Had Fine Art Collection.
According to the police, Cartwright
lived in very expensive style at his
home in Union street, Brooklyn. He is
said to have a-iarge house and TO be
an art cOnnOisseUr. with a fine cOllec-
ton. TreadweI. the police say, is
man Of comfortable means and lives
eXtravagantly. The police say that
nothing under $25 was received as
working capital. and that there are
many accounts of from 500 TO $500.
From these amounts the police, in a
rough estimate, figure that the profits
of the collections must have been very
great. With one of the circulars was
a slip enclosed. leaving blank space
for the amount Of money the person
desired to invest 1t read:
I herewith send yOu-tO be used for
buying and selling stock on the New
York stock exchange for my account"
The slip further says that a person
signing gives full power and authority
u the broker 10 use the money accord
ing to his best judgment The contract
contains the following agreement re