The Washington herald., 1907-08-24
PLAN RAID ON SIX
MORE BROKERS S
coNrINuEp rRoaI PAeE oNE.

/ that said the assistant district attorney.
Il think you viii find, Mr., Given. that
you have made a mistake" added Mr..
1 Wade, though our opinions may, OF
course, differ"
Smile for an Answer.
A1r. Given's only answer to this was a
smile, though he reiterated after his yisi-
tors departure that those who engaged
in any but legitimate brokerage busi-
ness would do so 'at their peril
BIr. Given and Mr. Perry returned to
their offices yesterday after the raids,
/ tired but with a smile about their lips,
denoting the consciousness Of a days
work wen done. Asked as TO the proba-
bilitles of succeeding raids, MIR. Given
said:
The probabilities are that these raids
Will be continued until we have appre-
hended every man whom We believe to be
engaged in the bueket-shop business.
1T is neither the intention nor the de-
sire Of this Office to interfere with legiti-
mate business. but our Investigations
have led US TO conclude that bucket
shops are not classed as such. Evidence
is now in the hands Of the grand jury
which it is believed will lead TO a sue
cessful prosecution of these eases, and to
an effectual prohibition OF this form Of
industry within the District Of Columbia.
similar Case Before.
Mr.. Given called attention to a case
similar in character instituted against
stock broker several years ago, in which
the grand jury returned an indictment for
Use+tfrv IN r~op,ino +ob1o Tho dafoua
ant. however. closed out his business and
left the city and the case was never
prosecuted.
Assistant District Attorneys Given and
Frank Perry, Otto F. Klinke. Of the Sc
cret Service, and Detective Frank Helan,
OF police headquarters, have for some
time been engaged in an investigation Of
the methods of certain stock brokers. and.
having accumulated. in their opinion, suf-
fcient evidence, it was decided yesterday
| to make a general raid.
Mr.. Given and Mr.. Perry have made a
number Of personal visits to the office
/ Of various stock brokers, and although
their presence was noticed, it was the
/ prevailing impression (as stated 10 Mr
/ Given by a member Of one FIRM that
/ they were in search of evidence against
| the hand books.
All things being In readiness, It was
decided yesterday that the fateful mo-
ment had arrived. Detectives Parham.
/ Warren, McNamee, TrumbO, Cornweu,
and Baur were summoned to the Office
/ OF the district attorney. and there given
/ their instructions by Mr.. Given. All the
/ offices were to be entered at precisely the
J
/ OF the assistant district attorney ring
/ ing in their ears the guardians of the
/ law departed by devious ways for their
| various objective points
Disturb Peaceful Scene.
/ At 12:l4 the sound Of the ticker
mingled with the monotonous voice Of
the blackboard youth as he noted the
| various changes in the movements Of the
! market Patrons of the Office reclined
/ in easy chairs discussing the movements
/ Of the bulls and bears" OF Wall street.
and figuring on the probable gains and
/ losses Of the day. All was as peaceful
and serene as the surface of a placid
! lake.
At 1z:15 a different scene was presented
to view. UnceFemonlously and without
| apology a number of able bodied police
men invaded the various Offices. announc-
/ ing that the propTietors thereof were un-
( der arrest and that the names Of the
patrons were desired as witnesses. In an
/ instant dreams Of a forty-point rise We're
| forgotten in the general desire 20 get
/ away. One dignifed gentleman in the
office of Chesley & Spence, Colorado
/ Building, attempted an undignified exit
/ by means Of the window the door being
/ occupied by a six-fO0t policeman whom he
hesitated to inconvenience by requesting
| him to step aside. He was rescued, how
| ever, and persuaded 10 give his name and
/ address, which he did with seeming re-
! luctance, characterizing the affair as an
outrage" number of woman custom
/ ers were also found in the Office of
Chesley & Spence and they also were
| induced by the officers In charge, Detec-
| tives Parham and Warren, to leave their
names and places of residence.
Prominent Men for Witnesses.
Among the patrons, whose names the
district attorneys office declines to dis
! close, were several men OF prominence,
who will be called upon as witnesses.
| There was also a fair sprinkling of gov
ernment clerks who. taking advantage of
their luncheon hour, had dropped in for a
glance at the market. They, too, were
held. Notwithstanding they manifested
much concern at the probable effect the
raid would have upon the minds OF their
various chiefs
In the Office of Wade & Hedges it was
/ thought for a moment that 1t would be
necessary to summon medical aid to a
man who. attracted by the crowd and
probably under the impression that II was
! due 10 a sudden furry in the market,
rushed into the room. only TO find that he
was 10 be held as a witness. When this
/ information was conveyed TO him he sud-
! denly experienced a neaT-fainting spell,
! alleging that his heart was in a weakened
! condition, and that serious results might
| follow unless he was Immediately re-
leased. Also he mentioned the probable
/ effects the news Of his detention as a wit
ness might have upon his wife and fam
! lily. In accordance with the orders TO
hold everybody, his name was also re-
! corded
Papers Taken for Evidence.
Attorneys Given and Perry, accom-
panied by Detective Helan, raided the
main Office Of Chesley s. Spence, in the
| Colorado Building, where they found T.
! Browning Spence in charge. Mr. Spence
protested, against the intrusion. and asked
/ the officials to delay their investigations
until later. but they were insistent and
| collected a great mass Of papers 10 be
/ held as evidence. J. o. Wilson was in
charge OF the branch Office Of Chesley &
| Spence at Seventh and F streets, which
was visited by Detectives Parham and
/ Warren. Mr.. Wilson told the police that