New-York tribune., 1906-10-12
HUNT FOR SILVEIRA.
pINKER EXPECTED HERE.
Csbalos s Co. Speculated in Cuban
Revolution Pay Warrants.

While his friends IN this city express the opin-
a., fhat Manuel Silveira, the Havana merchant
.,t dnaacier who is said 10 have absconded
,s.h nearly S1oo0O00 belonging TO J. NJ Ce-
hsrof e. Co, causing the latter 10 assign, will
within a few days appear in New York. his
vhereabouts remains mystery. and large
,o,cs OF Pinkerton detectives are searching for
ejsve here and IN other cities.
No advtces We're received yesterday which
xouid indicate the destination OF Silveira be-
vons the fact that the steamer Carnelna, on
which he and his family sailed from Havana on
October 2, cleared for New York, since which
sste no direct word has been had from either.
significant and perhaps important the dis
ooyery made by q Tribune reporter last night
that a bundle OF letters await Silveira here.
These letters, some Of them from Cuba, are IN
the hands Of one of the financier's friends. who
also retains his faith in the man charged with
me defalcation Of a million dollars and who. he
believes will soon appear here That persons
should address letters 10 Silveria in this city
vouId make IL appear that he had made known
his intention OF coming TO New York With the
carnelina stiu unheard from there is no reason
70 believe that IL was not originally his destina-
ton.
IN Ceballos, senior member OF the firm that
has been forced 70 the wall through the alleged
populations OF Silveira- arrived early yesterday
morning al his Office, at No. p William street
and was IN consultation most OF the day with
william Y. Rowe. assignee and William Nelson
Cromwell. his attorney He was nervous and
irritable, and his face was careworn and showed
The strain under which he has been.
Cebanos & Co. received a cable dispatch from
Jose Beola the silent partner Of the firm OF
saveira & Co, which read:
We have found deficit to be 81 100000 Out
she liabilities, 100000. Letter received from
Manuel (Silyeira) five days after sailing, stating
tes1nhnon unknown.
This cable message, which was in code. was
made public by Mr. Cromwell. and while it con-
fms the extent Of the loss sustained by Ceballos
&co It also dissipates the theory that Silveira
really intended coming 70 New York. unless, in
deed. # was that he hoped that in five days he
would have arrived here and explained things.
" Cromwell expressed the belief that the letter
delivered 10 Sehor Beola five days after Sllveiras
departure was left by the latter with friend
With Instructions TO deliver il then.
The exact means employed by Silveira in OBJ
tanning the money which he is said 10 have en-
bezzled was also explained yesterday by Mr..
Cromwell. Ceballos &, Co. one Of several
local concerns which speculated heavily in the
pay warrants Of the Cuban revolutionary SOL
ders. These warrants, issued by a commission
in different parts OF the island TO the men who
had fought in the revolution, were freely dis
counted by their holders about four years ago.
Because OF the delay in the governments ne
goiiations for lean these warrants were sold
10 Spectators at from % 20 80 per cent of their
face value. Cebalos G. Co bought up about
100000 of the warrants OF this amount ST.
10000 worth of the papers was sent 10 Sill
vera for collection. while the balance was de-
posted with the Treasury Department in Ha-
vaha The Cuban loan was finally arranged
through Speyer & Co. and the part payment on
ne warrants made.
In answer to inquiries from Ceballos & Co. as
TO why their papers were not paid, Silveira eK-
piained that the government was slow in paying
Oh The Havana attorney Of the New York hr1n
sent cable message yesterday that the Treas
Try Department checking up Siveira's ac-
counts, report that the losses amount 10 over
$4,000, and it IS likely that they will reach as
hTst announced. Z round million. The money OBJ
A1ned by silvera over the 100000 from the
Soldiers warrants was from real estate and SYM
a'cate transactions II is said. None Of the other
Interests Of Ceballos & Co. it was announced.
were affected
Nr Fiske, Of the firm OF Ceballos & Co, was
a loss 10 explain the action Of Silveira.
I simply couldn't credit il at first" ne said
Slveira was a man Of excellent personal repu-
@uon ana business standing. and why he should
% this simply can't explain What we thought
y Shveira IS shown by the amount Of money we
Nusied him with"
IL is believed that Silveira used some or Cebal-
"ss money 10 pay off his creditors.
- a story was in circulation yesterday That ~
L-oocean Silveira had left the Carmelina arc
.fO1Ioed another steamer. whose name ana dos
H.sIon were unknown. When this story was
..eo n the attention OF Mt. Cromwell he said:
mere IS suspicion and a suggestion 10 thai
49,, Beyond this. the lawyer would not say
az ,n'hS on this point. He did say that 10"
- - NE Efforts OF hts client were bent on
ie source would be employed.
~. p extraoiting Silveira. MI Cromwell salo;
,s... Us Ind him first" IL was learned that de-
49, es from the Pinkerton agency sailed yes
bssy on the steamer Merida for HaV ana.
ing 70 trace the CarTielina from that port.
- custom house records Of gold shipments
80 cuba for the past month were gone over
;sse'osy, but Il was learned that none Of them
Fs15 received by Ceballos & Co. Most of the
fs,Nss va shipped 10 A. Belmont K co. and Law
,. lurnure & CO.
ols., connection with the possible necessity of
essS 'uli.g the extredition Of the missing finan-
,rs.a.n ~ IS pointed out that Cuba has extradition
T.rs.-1ss with only three countries namely. the
t,rlnu states, Spain and Belgium. While N is
NY mat fhe government or any county 10
Continued on eighth page.