The Barre daily times. (Barre, Vt.) 1897-1959, 1909-08-17
Grand Jury Finds Bills Against
Brokers
ONE OF MEN ISA.D.S. ADAMS
Other Is Persch--Jerome Nov Seeking
Source Of Big LONESOME Things
Windsor Trust Company Must
Explain.

New York, n. Y, Aug IL lndiet.
ments were returned yesterday morning
against Donald L. parseh and A. D. S
Adams Of Boston, the two loan brokers
who were arrested last week in connec-
ton with the $4,000 Heinze loan swim
die. There are two indictments against
Persch and one against Adams.
One Of the detectives from the Office
Of the district attorney left yesterday
afternoon for Boston to arrest Adams
and bring him to this city, and II is not
expected he win make any fight against
being brought here. He is man Of
considerable wealth and carries on a
large money lending business
The district attorneys Office is now
bending its energies to discover the ac-
tual source Of the $4,000 that formed
the basis Or the loan transaction. Thus
far, as has been said, it has been tracked
back to the son Of Jacob Field, and the
latter has been asked to produce the
books for the examination OF tie district
attorney, and from this examination It
win be determined whether father, as
well al son, was IN the habit Of accom-
modating the Persch-Clark Katz -sher.
wood gang when these gentlemen had
landed victim like Heinze or like the
firm Of Cram, Mulliken q Co, which bad
an unfortunate experience in loan tran.
sartion with the same parties few
weeks ago. It Is not believed in well
informed circles that even ii Il should
prove that Jacob Field did know about
the deal or even was interested IN IL he
was acting for any large interests
IN the first place, the operation IS not
Of the sort that the really big men Of
Wall street resort to when they are
Sighting. and in the second place Heinze
himself IS too hard put to keep his head
above water at the present time to make
it worth while 70 90 after him simply
for the sake Of causing his further finan.
ial embarrassment. 1t has been said that
the purpose was for tile large interests"
to get control Of the Ohio Copper and
David Daley copper properties by buy.
ing up the stock sold ont in connection
with such loans al the one under inyesh.
CATION. That. however, would be a very
roundabout way Of getting the stock, iu-
asmueh as Heinze and bis agents have
been bending every effort to the making
Of a market for It, and Il any large
interests were anxious to absorb it
there would have been and would be
now ample opportunity TO do 50 without
violating the penal code or employing a
gang 81 cheap swinders to handle the
detail An additional fact confirming the
conclusion that has been expressed is
that the gang In the Heinze case have
been conducting similar operations with
other victims Surely the large inter.
estss would not be engaged in 2 general
effort 70 make Illicit profits BIZ selling
out collateral put up against leans
Therefore, the confession Of Donald
Perseh, about which his lawyer John 7.
Mcintyre. has talked to the newspapers
and 70 the district attorney. is awaited
only with sneh interest as win attach
to the reading ot the story that Perseh
win invent in Ills effort to prove himself
a tool and not principal. It may be
that Jacob Field viii have particular
interestlin this story One may doubt
it will similarly interest anyone
higher up in the financial community