The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1904-12-16
MYSTERIOUS PACKAGE HELD BY
REYNOLDS CONTAINED PA
PER WITHOUT VALUE.
LATEST REVELATIONS
IN CHADWICK CASE
Cleveland Woman Changes Her Mind
and Decides to Fight Extradition-
Startling Story of Banker Beck
with.

borrowed more than 81 900, 900. Wheth-
er these papers were signed by rela-
tive of the multi-millionaire iron king
or bear a forged signature remains
to be discovered. At any rate they
are absolutely worthless.
This information, which makes Mrs.
Chadwick's operations dwarf into in
significance the famous swinde OF
Nine. Humbert and her mythical for
tune in Paris, was brought out by the
opening of the mysterious package
supposed to hold securities of S5000,-
900 held in trust for Mrs. Chadwick
by Iri Reynolds.
Contents of Package.
This package contained:
IA note for $5,00O,OO0, bearing the
signature Of Andrew Carnegie.
"A certificate of trusteeship, which
states that Andrew Carnegie has in
his possession stocks and bonds to the
amount of S7,5O0,O0O held by him in
trust for Mrs. Cassie L. Chadwick.
This paper also bears the signature
OF Mr.. Carnegie.
These securities, according to the
Plain Dealer, supposed to represent
the vast amount of $12,500,000, have
been fCZ the past three years the prin-
cipal basis on which Mrs Chadwick
has conducted her financial system.
And these same securities" are the
rock which has wrecked the Oberlin
bank and caused the ruin Of hundreds
of families and losses to business men
almost without number. For it is the
frankly expressed opinion of reputable
lawyers who have examined these pa
pers that they are not worth one cent.
Reynolds Is Ruined.
Iri Reynolds, who held the mystic
rious securities so tenaciously for
Mrs. Chadwick, and who apparently
believed in their worth so implicitly,
is himself one of the heaviest losers,
1t is stated as a fact, not hitherto
known, that Reynolds loaned Mrs
Chadwick practically all the money he
possessed. His entanglements, how
ever, involve only himself, the Wade
Park bank being in no way affected.
The note for $5,000,000 is believed
by all who have knowledge of it to
have been written and signed by the
same person who filled out and signed
the notes for 100000 and $250,000 held
by the Citizens national bank, OF
Oberlin. 1t is understood that the GER
tificate of trusteeship states the securi-
ties held by Andrew Carnegie for Mrs
Chadwick consist of United States
Steel bonds, Caledonian railway stocb
in Scotland, and Great Western rail
way stock in England, the three ag-
gregating S7,5O0,OO0.
Bubble Has Burst.
To put it briefly, the great Chad
wick bubble has blAst. There is nc
hope apparent. The foundation or
which Mrs. Chadwicks creditors rest.
ed their expectations has sunk and the
Chadwick financial system, which has
been lettering for the past two weeks
has fallen. Unless help should arrive
from some now unseen source, the
creditors are helpless, and Mrs. Chad
wick has no resource. She must now
face the storm that has been steadily
growing in intensity.
Will Fight Extradition.
New York, Dec. 12.-Mrs. Chadwick
sent word to United States Commits
sicner Shields Saturday that she will
not waive examination before him, a:
she intended, but will resist efforts o
federal officials to take her to Cleve
land. Lawyer George Ryall, counse
for Herbert Newton, said that it ap
peared as if the settlement of tn,
Newton claims was up in the air fo
the present. Mrs. Chadwick had an
other bad turn at the Tombs Saturda!
afternoon and collapsed completely
| When her lawyers, Messrs. Carpente
and Powers, came to call upon her sh
sent word to them that she was too il
to see them. Finally they were al
lowed to see her.
Is Sick Woman.
Commissioner of Corrections Lantr.
| paid visit to Mrs. Chadwick and h
said afterward that she was very sicl
anu udu dScu III luC last
hours. The commissioner instructe,
the prison physician to see Mrs. Chad
wick at once.
When Mrs. Chadwick's son, Emil
was asked what decision his mothe
had come to in regard to going t,
Cleveland, he said that she woul,
probably not go to Cleveland at all
81 have advised my mother" he add
ed, ''to take the advice of her Ney
York lawyers and stay here rattle
than to go to Cleveland"
Startling Revelations.
Oberlin, O., Dec. 1.-THE confession
of President G. T. Beckwith, of tn
wrecked Citizens national bank, O
Oberlin, now in the possession of tn
federal authorities, is story so start
ling with relation to the monumental
transactions of Mrs. Chadwick as t
be almost unbelievable. But docu
mentary proof has forced belief upo
the part of the few who have hear
the amazing tale which is expected t