Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-03-16
Whltakex WrQbt
Is cAnaIgned.
He Willing 10 Refarn 10 England but Insists on an Erami
nation His Niece, Mss Browne, inierpeued- Chat.
man Of Shareholders Committee Tells Of The Soty that
Members Of The Royal Fdmip Wee Behind The Promoter

world who could prove II. If he has
such letters they ought now to be IN
tho possession OF ne New YORK au-
thorltles, as we supposed they searched
his effects and Wright is not likely TO
let such a powerful weapon OF defense
out Of his personal Keeping. Within Il
few weeks the chief issue In the
Wight case WIZ be- the question OF the
completely on otherwise OF the most ex-
allied persons IN the empire in Wrighrs
schemes, We do not anticipate any dit-
iiculty I'm obtaining his eXtraditlon but
II what Wright's friends maintain
turns out 20 be true his genuine pros
eeution viii become an extremely DELI
cate matter We believe, however. that
the lawyers al present engaged, Will slit
the matter to the bottom regardless OF
any considerations"
Referring to the interview with
Wright published in the New York
Herald today. Mr. Flower said
81 quite sympathize with Wright
when he says the failure OF the London
& Globe was due TO the treachery Of
others. There IS no doubt Of that, But
1t must be remembered that FOR three
months prior to the failure the London
& Globe had not cent In its lockers,
yet II was doing over half million
pounds In speculation at every settle
ment. The governments decision that
the directors as a body could not be
proceeded against does not prevent
Wright as the prime factor in the rot
ten condition which existed before the
failure, being made to take the respon-
sibillty'
Atty-Gen Findlay. in the house Of
commons this afternoon, said the
crown would pay the cost of the extra
ditlon OF Wright and the payment Of
the crown OF the whole expenses OF the
proceedings would be considered. His
prosecution, however, would be left In
the hands Of the official receiver OF the
London & Globe corporation.
On his way to the federal building
Wright made O statement in which he
said:
81 shall valve all extradtion formal
tiles to go back to England as soon as
the government natures all arrange
ments.
"The story about the amount of
money lost is all bosh' he said "The
amount lost altogether did not exceed
four million pounds This all turns
toward the time when the crash came.
The dividends paid out under secured
capital, consisting OF mining property,
were more than the capital itself OF the
Globe company The Boer war. with
It's financial Irregularities, contributed
largely and was chiefly responsible for
destroying the value Of mining property
at that time, whenever assets were in
vested. This Is a scheme or plan to
destroy for the time being the market
values OF mining properties
THE Globe company today would be
on its feet had IT not been for the
subway. or underground road In Lon
don. but unfortunately in an unwlse
moment the Globe became interested in
this and the crash came. The money
was legtmately lost This occurred
two years ago. ] went over the books
carefully myself with the receiver. and
the matter was laid in al lis entirety
before parliament.
1.-THE encouragement for the crown
told me himself that I had clean bill
Of health, and was not culpahle In any
way. | am an Englishman by birth,
hut | am an American citizen. ! have
three children living with my wife in
England and three are buried I'm Phil
adelphia. Miss Browne Is my neice. az
and is my sisters child She came here
TO examine mining properties"
Wright was arraigned before United
States Commissioner Alexander and the !
hearing was adjourned TIL Wednesday. |