The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-10-13
i Silreira, Who Caused
\ New York Failure, Is
Still Missing. ~.
|EvED TO HAVE FLED
10 VENEZUELAN PORT
Who Wrecked Firm of
.hs1los & Co. Said to Be
Friend of Castro.

-
=. Cuban who absconded in his
..,uer with s1,0o0,00o belonging
ID csballos & Co. of this city,
rrscipitated the assignment of
has been gained. Specula-
|, hsen rife as to his destination,
4. guess which gains the most
that he has gone to Venezuela.
dsted that Silveira is a close
Il President Castro of Venezu-
from this it is argued that he
/ into a Venezuelan port and
friendship of Castro as a pro-
,sainst arrest.
h among the most important
connected with Cuban affairs
I discover any disposition to re-
failure of J. NJ. Ceballos e. Co.
hive OF any general commercial
rlial weakness in the island. The
neral idea expressed was that
had itself become overex-
ss result or participation in
r.rprises beyond the capacity. of
capital. These investments
i quite large in Cuba and the
Evolutionary developments there
too great strain.
Upset by Intervention,
|dr as the defalcation OF Silveira
-s,srned it seems to be agreed
|b. Intervention by the United
|0overnment had upset some of
Icbitious plans in that direction.
|ttese plans we're is not known,
b we're supposed to be connected
= success of the revolutionists.
exact means employed by Sill
: obtaining the money which he
10 have embezZled was explained
~ BY Attorney William Nelson
q. Ceballos & Co. was one of |
IDEAL concerns which speculated
ia the pay warrants Of the Gu
soldiers. These war
med by commission In differ |
rs of the island TO the men who
lEht in the revolution were free
linnted by their holders about
'tfz ago,
Had 100000 Invested.
nss Of the delay in the Govern
.sctiations fol a loan these war
ne sold to spectators at from
. per cent of their face value
3 < Co. bought up about $4,000
h this amount s1,000,000 worth
paper was sent to Silveira for
%, while the balance was de-
with the Treasury department
ana. The Cuban loan was finally
q through Speyer d Co, and
= on the warrants was made.
: 40 statement OF the condition
MARS Of the firm will be ready |
tfal days, it is understood that
'er of banking houses in New
ave quite large amount of Ce-
'sper, most Of it we'll secured by
~ In the banking community
z!est sympathy is expressed for
=bers of the suspended firm.
are criticised occasionally for
lrg In too many ventures, for
% impnlsive in the development
!. but 1t appears to be granted
Rere that their ability would
Een sufficient bat or Silveira 8
ID action.
'ding to Frederick Upham Ad~
magazine writer who has been
Neira In Cuba, Silveira Is a lit
q a man not five feet tall and
less than ninety pounds, His
nehs over 200. Silveira lived
ut not above his means. His
we're the finest in Havana and
eelebrated for the originality
% taste of his entertainments.
Us afo, according to Adams. Sill
'as clerk in a Havana bank.
Ame associated with Ceballos
aiter Cuba guined her indepcnd-
~~Ao ocdCHeQ NO POrC.
M M.M Nelson Cromwell of counsel
snos q Co, the investment firm
aaoe an assignment on Wednes-
y with liabilities of between !
w and S4 100000, having been
3 Inc wall, it is charged, by the
IONS IONS of the firm IS Havana
SSlsnuel e. Silveira, stated tonight
s Me advlces received during the
isa'ed that Silveira had not yet
!. a1 any port in the United |
u u south America. Mr.. Crom
Jared further that Ceballos &,
:. thrce.fourths OF the
= OF Silveira e. Co. Of Havana, |
''fe confidence IN their special
!, yosc Beola, now in charge Of
~ IN the Cuban capital.
'Mwell dwell said that up TO this time |
ussemed ssed 1T best to keep Silveira
'1pdt, but that the policy re-
Inc future Of that firm would |
upon examinations now under
gents IN Havana and whose