The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-02-15
POLICE ARREST TURF
SPECTATORS IN
new YORK
Detectives Raid Offices and
Carry Off Loads Of Litera-
ture-St. Louis Grand Jury
Returns Six True Bilsl---
e. J. Arnold and His Man
ager Are Still Missing.

| NEW YORK, Feb. 14-Three men
i were arrested by Central office fetec-
| tives through the cognizance and de-
sire Of postoffice inspectors today in
two raids, one at SO Nassau street and
/ the other at 115 Nassau street, for al
legged improper use Of the mails.
| The prisoners are: Henry G.. Cart
| wright, alias Crawford a broker, of
BROOKLYN; William Treadwell, alias
| George f. Stone, a broker, of Brooklyn,
and Charles e. Goodrich, a clerk of
| Manhattan.
Cartwright and Treadwell were ar
| rested at SO Nassau street and Good
rich at 115 Nassau street. The men, IT
| IS alleged, are combination workers in
progressive turf speculation" under
the firm name Of Crawford & Co, turf
correspondents and metropolitan turf
| commissioners, with offices at lis Mas
| sau street.
Some time ago Inspector Brooks re-
| ceiyed a letter from Mrs. ~Gi1roy, of
| Montclair, N. j., complaining that she
had sent money to this firm for specu-
| lation and had received no return or
| reply in spite Of numerous letters.
| The detectives investigated the mat
ter, 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
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 full were taken
| to police headquarters. The circulars
explained the three-horse and one
| horse wire system.
The police say that the system of
the firm was to send out "ads," par
ticularly to country papers, and in re-
turn great quantities of answers would
! be received asking for information A
reply would then be sent by Cartwright
g. Treadwell, under their own names,
| explaining the scheme and referring to
the Crawford company and George F.
| Stone for references
The police aver that nothing under
SIS was received as working capital
| and there are many accounts of from
| 500 to $780, From these amounts the
police in a rough estimate figure that
been very large. With one of the cir
culars was the following slip inclosed,
/ leaving space. for the amount Of
money the person desired; to invest:
Il 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 person
| signing gives full power and author
| tty to the broker to use the money ac-
! cordfng 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
fnal investment no commission will be
paid" e'
After that the slip. goes on to say that
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.
st. Louis Grand Jury Acts.
ST. LOUIS, Mo-, Feb. I4.-After a
session lasting until late this afternoon
the grand jury adjourned to Monday.
|
been returned, but none of these have
been made public.
Neither E. ]. Arnold, nor his man
ager, L. A. Gill, has yet been found.
For evidence in respect to the methods
Of the Arnold company the grand jury
is depending on the books and papers
of the concern and the testimony Of
some of its lesser employees. Inter
esting developments as to the identity
oe some Of the investors, who are shown
to be prominent in st. Louis life are
/ expected.
From the correspondence and liter
/ allure Of the firm seized as evidence
by the grand jury it develops that Post
| off1ce Inspector George A. Dice recon-
mended fraud order against this con-
Germ after his investigation. Instead of
the order it is stated Arnold & Co. re-
ceiYed a letter from an influential pos
1 tai official which they used as an adj
vertisement. The writing Of this let
ter and the reasons for overruling the
recommendation of Inspector Dice will
be made the subject Of a sweeping in
FestigatiOn.
Washington Branch Suspends
/ NEW YORK, Feb. lathe Washington
branch of the E. J. Arnold company, Of
St Louis, a turf Investment concern,
has closed. bulletin posted at the Of
| fees gives several kilograms, dated in
| ST. Louis. and signed by L. A. Gill, the
| manager, one of which says:
| Had to suspend during the run oc-
| casioned by attack of a. local paper. We
are all right, solvent, and will pay every
body"
There are 200 subscribers in this city
each having from $50 to $500 invested.
ArraIgned In Chicago.
CHICAGO, Feb. 14-Harry BroIaski
M. j. Book and Matte Woodin, arrested
yesterday in the police raids on alleged
fraudulent turf investment concerns here
were today held in bonds of $500 each
w. J. Mason and Henry Thompson were
freed upon showing that they were but
clerks in the raided places.
Many diSgruntled investors were pres
ent when the three prisoners were ar
raigned. Among them were H. A Smith
and John Reed. of Cedar Rapids, Iowa,
investors in the Brolaski concern of $1O
600 and SO, 600 respectively. Cedar Rap
ids residents, they say, have about $113,-
600 invested with Brolaski. Peter F.
Klein, of Marion, Iowa, also preferred
charges against Brolash, who, he says,
obtained $475 from him by false pretenses.
Klein represents syndicate of thirty
Marion people with over $4,000 invested.
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