The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-13
SAVEIRA OFF TO VENEZUELA?
PARTNER or ClSTRO'S BROTHER
ND MAD FRIENDS THERE.

sshor Manuel Silveira, in command Of
,he 1000 ton cattleship Carmelina. was ten
DAYS out of Havana at the close OF business
Yesterday afternoon. OF exact knowledge
NJ his whereabouts there was the same
lack As on previous days.
William Nelson Cromwell, the legal repre-
sentative Of The assigned firm or J. N. Cebal-
los 4 Co., said that cables received in the
afternoon showed that the fugitive had
not vet landed at any port in South America
or the tinted States and that his where
sbol,s were still unknown. Yet, every
member Of the firm is strongly OF the belief
that their missing agent il already in Vene-
Iuela.
sSilveira was not only a friend Of Preei-
dent Castro Of Venezuela, said a member
Of the firm yesterday; che was a partner of
President Caatro's brother in the cattle
business. Castro bought the cattle in Vene-
giela. Silveira took them on his line of
steamers 10 Cuba and sold them there.
What Is there more probable han that he
has sought a refuge in hat country?
in Venezuela Silveira, We fear, could
secure better protection than anywhere
else. There is no extradition treaty be-
tween that country and Cuba, and it il
extremely improbable that President Castro
would give up a fugitive tied to him by
bends Of friendship and business relation
ship and with large sums in gold to invest
N tho country.
aSilveira would nave another strong
motive for seeking refuge there. OBJ
yiouslv IL would rave been ~precariOus for
him to ship in one cargo our million dollars
and the unknown amounts belonging TO
other bankers without attracting attention.
The transportation OF the money in a single
shipment to Venezuela would not have been
necessary. He had these cattle ships
constantly plying between Cubs and Vene-
zlela, and it may very well be that every
one Of them leaving Cuba in the past two
months has carried gold to be secreted by
his business associates in Venezuela"
1t was pointed out also that Silveira may
easily rave landed in Venezuela at some
small port where, with the oonnivance
Of the authorities, he could prevent the
news of his landing from leaking out to
the outside world. Once in the interior of
Venezuela he could take up his residence
under the protection OF the Government
and have the best that the country affords.
To inquiries as to whether any order OF
arrest had been secured or any other legal
proceeding begun members of the firm
said all those matters were in the hands
ofMr. Cromwell. andthat he was doing the
best he could to get hold OF the fugitive.
Iii not believed that Mr.. Cromwell is acting
through the Cuban Government, but that
be relies entirely on private detectives.
The circumstances Of Silveira's flight
appeal powerfully to the imagination and
reports yesterday had him in New York, in
Cuba and elsewhere. The most circum-
%stantial report Of the day dwelt on the pos
sibilities of a mutiny on board ship. with
the sailors discovering he treasure, rising
against Slveira, putting him and his family
in small boat, scutting the ship and taking
20 the tall timber with the booty. The
report read like the news OF the Spanish
Main go years ago; yet wild "a it seems
there are many who consider il within the
bounds Of possibility.
For the first time since the day OF the
firms failure J. NJ. Ceballos made q public
statement yesterday. He expressed a be-
AFA btlfi llt tliNSiuk agent was III Nouc-
zuela and added:
All that Silveira was in the world l made
him | trusted him and he betrayed my
confidence.
The Silveira sugar plant and mills are
valuable properties and the lam OF the de-
veloping company, just outside Havana.
was not bought cheaply out is a high priced
piece Of land and very valuable. II Silveira
has not disposed Of his stock to his friends
he cannot dispose OF it now, as We will place
an attachment upon it,
William Nelson Cromwell gave out this
statement
-Ceballos 4 Co, representing three
iourths Of the liabilities OF Silveira Il Co,
and h ving entire confidence in their special
partner, Jose Beola, now in charge Of
the business, Mr.. Cromwell up to this time
has deemed it best to keep that concern
ahoat, but the policy regarding the future
OF that firm will depend upon examinations
now under way by agents on the spot, whose
reports Mr.. Cromwell il awaiting"
Accountants have worked far into the
night every day since the failure, but will
probably not be ready with the schedule Of
assets and liabilities until next week. One
OF the companies in which Ceballos 4 Co.
were largely interested, the Seville Packing
Company, failed during the day. Two OF
the other and largest Ceballos promotions,
the Development Company OF Cuba and the
slveira Sugar Company, according to a
statement given out by Frederick Upham
Adams, the writer, are entirely solvent.
The holdings OF these two companies,
Mr.. Adams said, are widely distributed,
and there il absolutely no warrant for the
iear that either is seriously menaced by
the failure. The holdings Of Mr.. Ceballos,
ne said, while considerable, are slight when
compared with the holdings Of other stock
holders.
Manuel Silveira," he added, wa not
personally in possession Of any consider
able amount OF money belonging 10 the
company which bore his name. His def
aIcation and fight win not check the
progress Of the work on this vast plantation
or delay the completion OF the mill. The
profits from the cane now standing and
almost ready for harvest will exceed $500 900.
These facts refute the inference that M.
,enallos became involved through rash
'uhan Investments. The truth il that
MS cuban holdings constitute a part OF his
more substantial assets. and the same Is