Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-01-28

ker Wright and Robert Leman to recover
$3.50. coo in connection with share transac-
tons between the British-American Corpor-
alton and the London and Globe. Al the
same time the receiver said it was not pro
posed for the present 10 prosecute tie d.
rectors of the London aud Globe.
Lord Dufferin q Victim.
One of the victims of the crash was the
late Marquis of Dufferin and Ava former
ly governor general of Canada and British
ambassador at Paris He had consented TO
be chairman of the London and Globe, and
had 25,000 shares in the different COM
panies. With Lord Dufferin on the board
of directors were also Lieut.. Gen. Cough
CalthorD, colonel of the 9Th Dragon
Guards and Lord Edward William Pelham
Clinton. master of the queens household
and son of the fifth Duke of Newcastle
When the crash came Lord DuHerin was
severely censured for his connection with
the Wright companies, but in frank
speech to the stockholders of the London
and Globe he declared his position and won
the sympathy of the country. His wealth.
at one time large was believed to have
been swallowed up in these companies. HIS
death was thought to have been fastened
by these financial troubles.
Much American money was lost in the
failure of the Wright companies. There
was a great outcry against the attitude 0f
the authorities in not prosecuting whitaker
Wright and his fellow directors of the Lon
don and Globe, and a petition was circulat-
ed on the London stock exchange. signed
by many influential men, demanding the
prosecution of Wright as 1t was considered
that the credit of the city and OF the Lon
don stock exchange demanded thorough
investigation.
Fled From Prosecution.
On March 10, 1862. action was taken
against Wright. Justice Buckley. in the
1t G.
tice made an order directing the official re-
cever. as l:quidator of the London and
Globe Finance Corporation Uimited. to
prosecute on a criminal charge Whitaker
Wright and utilize the assets OF the London
and Globe to pay the costs of the prosecu-
ton. The following day warrant Tor
Wright's arrest was issued. When the Po-
lice officer went to his home he was in
formed that Wright had gone to the CONT
nent on account of his health.
1t was not until a year later that any
trace of him was secured. and on March
TO- 1903, he was arrested on arriving IN TINS
country on the steamship La Lorraine He
submitted calmly to arrest. saying that he
was a friend of King Edward and under
stood that all his difficulties had been set
tied by parliament. He had 1850 IN his pos
session when arrested.
After protracted proceedings in the courts
in this city. Wright was finally eXtradlted
and sent to London for trial on the charges
which resulted in his conviction. Wright
was tried on twenty counts, alleging
fraud involving from 81, 500. O0O to 50 GOO 900
in manipulation of the London and GLOBE
Finance Corporation
Lived in Princely Style.
Few millionaires lived in such princely
style as did Wright before the collapse of
his fortune In Park Lane, London, he had
a miniature palace. in the drawing room of
which WAS copy of the famous cabinet du
of III XIV 7 took three to
complete, and cost many thousands of
pounds. At Godalming. Surrey, he owned
a country seat. in identifying which GOO
workmen were engaged. 1t contains costly
fountains and statuary brought from Italy.
Wrights stables alone cost d small fortune.
They had upholstered oak and leather set
tees. and polished gun metal fittings, while
valuable paintings and bas-reliefs adorned
the stalls. His private yacht was fitted up
with similar righteousness, and at one time
he was credited with the intention of con-
structing racing yacht to beat Sir Thomas
Lipton'S Shamrock.
His wife was an American, and at the
time OF her husbands arrest she was re-
ported to have said that she did not know
whether he was an American or not. but he
was always thoroughly English, much to
| her disgust. They were married in this
| country. In the description sent at the
| time his arrest was requested by the Lon
| don police Wright was said to speak with a
| slight American accent. He was described
as fifty years old. height five feet ten or
! eleven inches, complexion ford. hair and
! mustache dark, large head, small eyes re-
ceding forhead. small chin with heshy roll
| beneath, stout build and weighing about 252
| pounds.
! Wright had the entree of prominent club
| and social circles in London. He was the
| owner of the steam yacht Sybarta, and
| was a time commodore of the Ports
mouth Corinthian Club. He belor ged to the
| Royal Cirque Ports, Royal Dorset, Royal
| Temple, Royal Thames and Royal Victoria
| yacht clubs, and was a member of several
| social clubs. He left wife, a son and two
| daughters.