New-York tribune., 1903-02-15
raid ON TURF CONCERNS
Precinct Captains Unazoare Of Cen
tral Office Mems Worh.
PosToFFIcE INSPECTORS HELP.

Simultaneous roads were made by Central Of
fee detectives yesterday afternoon the two
get-rieh-quick'' concerns known as Cartwright
& Treadwell. at No. 80 Nassau-st., and Cra"-
ford & Co. at No. 115 Nassau-st Investigation
had shown that both concerns were run by the
same men, and had been sending through the
mails circulars inviting people to invest money
with them in three horse wire plan of turf
speculation" Postoffice Inspector Little had CO.
operated with the detectives in getting inforna-
tion about the concerns.
Three prisoners were taken in the raids
Henry 6. Cartwright alias Crawford, Of NO
S27 Unon-st Brooklyn; William Treadwen.
alias Stone, of No. / 221 Forteth-st, Brooklyn,
and Charles E. Goodrich of No 1S2 west
Tcnth-st, Manhattan. They were taken to Po-
lice Headquarters in patrol wagons with severai
bags of coniscated mail. Three young women
who had beer employed clerks in the offices
were taken to Police Headquarters. and ques-
toned before they were released.
The raids caused excitement in Nassau-st.
large crowds collecting and blocking the mar
row thoreughfare at sight of the patrol wagons
The offices of the two concerns were in two
precincts. and neither police captain knew about
the raids until they were over. Inspector Brooks
ordered the raids He had received a letter
from Mrs. Gilrey. of Montclair n. J., declar-
ing that she had sent money to be invested in
the turf speculation scheme and had been
swindled.
In preparation for the raid Postoffice Inspector
Little and Detective Sergeants McCcnville. Pea
body and Clark went to Cartwrights Office yes
terday and interrogated him about the business
Of the two concerns, in which he admitted hav-
ing an interest. In reply to questions Cart
wright said he was engaged in a turf business,
that his bookmakers were Eddie Burke, Sol
T ;cbsa and hat
bets were laid at Gravesend. Sheepshead Bay
and Aqueduct.
He said the concerns in which he was in
terested published THE Financial Outlook as
a means of spreading the business. He admitted
that the concerns sending through the
mails circulars advising people to invest IN the
turf speculation plan. He admitted that the
George F. Stone" mentioned in some circulars
his partner. Treadweu, and that Goodrich
was another partner. He said his brokers were
Bernstein & Co, of No. 80 Broadway
Detective McConvle said he believed many
thousands of dollars had been lost by people
who had been foolish enough to send money to
the swindlers. One plan 70 get custom, ne said.
was to send circulars signed by one of the
two concerns and giving the other concern as
reference. OF course Cartwright & Treadwen
always answered letters of inquiry by testify
ing to the undoubted good standing of Craw-
ford & Co, and vice
The concerns appear to have made a speciality
in dealing with physicians in country towns.
Six books were found in the offices of Craw-
ford & Co. containing the names of physicians
1.765 in Missouri 11S7 in Wisconsin 5O1 in
Iowa. !, 445 in Arkansas and 1896 in Michigan.
On the cover of each book was the significant
word Done"
The three prisoners were locked up at Police
Headquarters. They may be turned over 20
the custody OF the Postoffce inspectors later.
The police say that Cartwright lives in expensive
style in Brooklyn and is reported TO have a
fine art collection and that TreadweIl is man
Of means Captain Langan. of the Detective Bu-
as much as 100000 in their collections from
people who were in haste to get rich.
One of the circulars sent out by the concerns
reads in part:
The only way to make money speculating on the
turf is by placing your wagers that as soon as
you win a bet you not only win the amount OF a
aat ba+ bnt xo, also recover all previous losses
made that day during the series. l am handl-
capper followed the turf for several years
both as a turf commissioner and also as turf eX-
pert, sending information TO clients all over the
on a $50 account play 81 on the first race Of the
day. Should the horse which play talI 10 win l
then play enough money on the second race 10 re
cover the amount which lost on the first race but
I also win 81 fat bet besides. Should I lose the
second race play the third to recover the
loss of the previous races and also q 81 nat
bet [ continue this method throughout the day.
sixth at even such small price as two to one. my
clients would then be winners on the day on a 800
account s., or per cent the capital invested