The Washington times., 1905-05-09
LOSES $4,000 BY
LOAN Of GEMS
Pittsburg Man Gave Mrs.
Chadwick 100000.
NJ UST NO w PAY DUTY
Most of Cleveland Woman's Jewels
Were Struggled Into This
Country.
MUST NOW PAY DUTY

Another lamb, shorn by Mrs Cassie
L. Chadwick, has been discovered, and
Collector Leach, of Cleveland, has gone
to New York. after a consultation with
Treasury officials here, to confer with
a Mr.. Larkin who is counsel for J. W.
Friend, of Pittsburg. said to be the
Chadwick lamb.
Mr. Friend, it appears. was one of the
galaxy of rich men used by Mrs. Chad
wick in floating her large loans. Col
lector Leach informed the Treasury De-
partment some time ago that Mrs. Chad
wick had given up q large quantity Of
Jewels. and had told where more could
be found.
Jewels to Be Examined.
Collector Leaeh's visit to New York
now is to have. certain jewels isi Friend s
possession examined by New York Gus
toms officials, and the amount of duty
due on them determined. for it Is un-
derstood that some, If not all of
Friends gems, received from Mrs. Chad
wick, were purchased abroad and SNUG
gled into this country.
Collector Leach told Treasury Of
fcials while here that all the gems OBJ
talned from Mrs. Chadwick since her
arrest had been examined by experts
and were pronounced genuine stones
despite reports to the contrary.
Willing to Deal Fair.
Friend has offered to pay the Govern
nlent whatever may be determined as a
fair duty on such smuggled gems as
are Included in his lot, and TO retain
them. Most of them 1t is said. will
be appraised, for duty collection. at so
per cent of their intrinsic value. Mr..
Friend himself made the proposition TO
have his Chadwick gems examined, and
the amount of duty owing to the GOV
ernmenI ascertaiued. Collector Leach
was designated by the Treasury Depart
ment TO go TO New York and cooperate
with the local customs examiners.
Mr., Friends jeWelry had been deposit
ed in a safe deposit vault in New York
II was intended TO secure the payment
of one or TWO notes One of these notes,
according to the recollection of Treasury
officials. was for $4,000
It is said also that s100, Gee was the sum
represented by the paper so that if
there were two notes the second was
for SIG. .000 Mr. Friend believed he was
amply secured by the jewels turned over
TO HIM by the woman, and is said to
have estimated their value at approxi-
matelv S125000. There were bracelets,
necklaces, rings. and brooches. all set
with precious stones of beautiful luster
and unusual briiliancy.
Deceived as to Value.
But Mr. Friend. like others with whom
MRS. CnadWick negotiated, was deceived
as to their actual value. Instead of be-
ing worth S125,o05 they win not bring
more than $50 900. That represents an
apparent drop in The securities of s95, 600
Collector Leach Is authority for the
statement that $4,000 is all they would
bring in open market. Moreover, he as
serts that the whole lot was smuggled
into the country.
Precious stones are assessed at SC per
cent ad valorem. which means SIS, 900
duty on those in Mr.. Friends possession
That would reduce the net value of his
security to $1,000
Soon after the first revelations con-
corning Mrs. Chadwick Were made, it
was reported that Mr.. Friend was her
creditor or indorser TO the extent of up
ward of half a million dollars, but the
Treasury officials do not profess TO know
anything about other notes. If he ad-
vaneed only S100,900, his loss apparently
will amount TO SSS,l3o. He is believed,
therefore. 10 be eligible 10 be placed in
the first row of the Chadwick shorn