The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1904-12-15


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prison at present. If she were releas.
ed on bail the government could de.
mand "a hours in which to examine
her surety. Meanwhile the govern.
meut attorneys could telegraph the
Cleveland authorities and before the
"a hours bad expired could have addi-
tional charges sent here. so that Il
would be necessary to procure new
bail
This procedure could be carried
out as long as the government officials
thought they had charges. Again,
there might come a conflict i'm author.
ity A county grand jury might find
an indictment against Mrs. Chadwick
and then the matter of extraditlou
would come up in different light
from any yet suggested"
Cleveland, o. Dec. 12.-According to
the most accurate estimate of the es.
tate of Mrs. Chadwick that is possible,
before the receiver has investigated
her assets and reported his findings
to the court. her creditors as whole
will receive about one and one.half
mills on the dollar. What lends addi-
tional interest to this showing, from
the creditors standpoint, is that one
man. Iri Reynolds. will receive the
whole of the assets visible at the pres
ent time. There may be funds in re-
serve somewhere. 'as there may be ad-
ditional creditors who have not yet an
nounced that Mrs. Chadwick is indebt-
cd to them, but 1t is not expected by
bankers and attorneys Of this city,
who have the greatest knowledge OF
her affairs that any more large loans
will be developed.
The extent of her operations is now
believed to be approximately as fol.
lows:
Secured from Citizens National
bank of Oberlin. and various sources
in and about Lorain county, Ohio,
s500,O00.
Borrowed from Herbert d. Newton.
$4,000.
Borrowed from business men In
Pittsburg, 100000
Total, s1,190000.
Against this stands security of
known value on one note amounting
to $500, which is held by Iri Rey-
nolds.
The amount Of money received by
Mrs. Chadwick in Pittsburg may run
as high as 100000. but 1t is believed
that portion OF this sum is a bonus
promised by her for an original loan
OF at least 100000. Her creditor
him for the larger amount. while she
has admitted that she owes $4,000
Secretary Iri Reynolds. OF the Wade
Park bank. declared Sunday night that
his implicit belief In the statements
made to him by Mrs. Chadwick In
which she declared herself to be the
daughter Of Andrew Carnegie. was the
impefling cause Of bis financial deal
Ing with her.
She told me-" said Mr.. Reynolds.
that she was the illegitimate daugh.
ter Of Andrew Carnegie. and .believ.
Cd her. never doubted her story un-
I'll on the occasion Of my last visit to
New York, when Mr.. Squire came to
me and declared that all the securities
she had given me as the notes Of An.
drew Carnegie were worthless. II was
only then that doubted her. Before
that ! hal refused to say anything
about her or her Affairs because
deemed II my duty to protect her In
the story Of her birth ~ she had give
II to me.
II never once doubted her until
was shown the securities she gave me
were worthless: after that, of course,
I could not believe her any more.
When she told me tho story OF being
the daughter OF Andrew Carnegie. her
husband Dr.. Chadwick. was present,
and he believed the story as did. The
stories of her giving large sums Of
money to her husband are false. He
10 now in Europe, and is penniless.
Just to show the methods OF Mrs.
Chadwick, ] will tell OF what she Of
fered to do for me about one year ago.
She came to me in my Office here and
| said that she was grateful for all that
] had done for her. and that she wish
ed me TO accept present from her.
She then offered me 100000 in four
notes Of S25. 900 each. The notes were
drawn by her, and she declared that
they were as good as gold They may
/ have been, for know that her notes
for similar amounts had been nego
tiated In banks In this city and had
been taken up at maturity or course,
as an officer OF the bank ] could not
accept such a gift"
Ex'seeretary Gage ~.
New York, Dec, H. Former Secre-