The Savannah morning news., 1903-02-15
ROPED IN ON RACES
COMBINATION WORKERS FLEECED
May VICTIMS.
THE GAME RAN SMOOTHLY
UNTIL POSTOFFICE AUTHORITIES
swOOPED UPON THEM.

Three Men of Standing and of Means
Arrested in New YOrk-Chnrged
with the Use of the Mails in the
Operation of Fraudulent
Scheme-A Woman, One of Their
Victims, Lodged the Complaint.
Physicians Proved Easy Prey for
the "specuIatOrs."
New York, Feb. 14.-Three men were
arrested by Central Office detectives
and through the cognizance and de-
sire of postoffice inspectors to-day in
two raids, one at 80 Nassau street and
the other at lis Nassau street, for al
legged improper use of the mails. The
prisoners are Henry G.. Cartwright,
alias Crawford, broker of Brooklyn;
William Treadwell, alias George f.
Stone. a broker of Brooklyn, and
Charles e. Goodrich, a clerk of Man
haitian. Cartwright and TreadweI
were arrested at so Nassau street and
Goodrich at lis Nassau street.
The men. it is alleged, are combina-
ton workers in progressive turf spec
ulation," under the firm name of Craw-
ford & Co. Turf Correspondents and
Metropolitan Turf Commissioners, with
offices at lis Nassau street.
Mrs. Gilroy Made Complaint.
Some time ago Inspector Brooks re-
ceived a letter from a Mrs. Gilroy of
Montclair, 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
to-day interrogated Cartwright He
said he had been selling puts and calls,
under the firm of Crawford & Co. They
did turf business. but had stopped
handling accounts about a month ago,
when they returned to the people all
the money due them.
After the arrests the place was thor
oughly examined. Literature in enor-
nous amounts. which would fill at
least 100 mail bags, was found Besides
this, thirty more mail bags fun was
taken to police headquarters. The cir
culars explained the three-horse and
one-horse wire system.
The police say that the system of the
firm was to send out ads" particular
| ly in country papers, and in return
| great quantities of answers would be
received, asking for information.
| reply would then be sent by the men,
| Cartwright and Treadwell, under their
own names, explaining the scheme and
referring to the Crawford Company
and George f. Stone" for references.
Physicians Their Speciality.
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 but physicians. On the
cover of each of the books was the
word Done" Inside there was a
check at the side of each name, show
ing that the person had either been a
client or been communicated with"
There are dozens Of complaints, in
addition to that OF Mrs. Gilroy.
According to the police, Cartwright
lives in very expensive style at his
home in Union street, Brooklyn. He
is said to have large house, and to
be an art connoisseur, with fine coll
lection of paintings. Treadwell the po-
lice say, is also man of comfortable
means and lives extravagantly
The police say that nothing under $25
was received as working capital, and
there are many accounts of from 800
to $500. From these amounts the po-
lice, in a rough estimate, figure that
tA'N piOiA Vi LllC COllttllOIlS nave
been very large. With one of the cir
culars was slip enclosed, leaving
blank space for the amount of money
the person desired to invest. It read:
II herewith send you s. to be used
for buying and selling stock on the
New York Stock Exchange for my ac-
count"
The slip further says that the per-
son signing gives full power and au-
thority to the broker to use the money
according to his best judgment The
contract contains the following agree
ment regarding the amount of money
the broker is to receive:
Il agree to allow you the following
commission for handling my account:
Until the profits are equal to the orig
inal Investment no commission will
be paid"
After that the slip goes on to say
that 5 per cent commission will be
paid on the next $500 after the profits
have reached the original investment.
Ten per cent. is to be paid on all
profits after that.