The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1909-07-07
BY ellison Gardner.

WASHINGTON, July ATTY.
Gen. Wickersham now has in his
hands the evidence of crimes
charged against the now notori-
Gus sugar trust. 1t was on evil
dence like this that the trust and
its officers were indicted in New
York by a federal grand jury.
The crimes involve violations of
the Sherman law and the RESPONSE
bility for embezzlement, extortion
and suicide.
When Frank Nipple. financier,
blew his brains out in 1906 in
Philadelphia, he died the victim of
q conspiracy of lawyers and direc-
tors Of the trust.
Such is the shocking accusation
borne out by testimony which has
been presented to the government
by Geo. H. Earle, jr., receiver for
Nipples company.
Earle Is the man who got from
the sugar trust a settlement of his
suit for upward of 100000. By
this settlement the trust admits
that this enormous amount wat
obtained by illegal methods from
the Real Estate Trust Co., which
Nipple headed.
Earle, trying to interest the gov
eminent in his evidence against
the trust, began with Atty. Gen.
Moody.
Earle begged for government
help. At the beginning of the
first when he took hold of the re-
ownership he wrote to the attor-
ney general:
II imperatively need your aid
and cooperation. With 1t / feel
assured that justice will be done;
without 1t may be myself
crushed in the effort to obtain
justice for the smaller body of
people / represent. But with it
or without it no consideration
that have been able to give this
subject has enabled me to feel
that l can possibly absolve myself
from the duty of going on, with
you, IL such good fortune awaits
me; without you, must ! act
Alone"
The facts of the case never
reached President Roosevelt.
Earle's correspondence was with
Moody, Purdy and Bonaparte.
Something already has been
printed of facts which led Earle
% bring his big damage suit and
20 urge similar suit by the gov
3rnment authorities; but no full
consecutive and authoritative
statement of the case has yet beer
made. It is the privilege of this
correspondent to give the story to
the country; story which Earle
says must read like a French
detective story of crime"
The story begins with Adolpb
Segal, promoter, who in the
first accounts of the failure of
the Real Estate Trust Co. was
described as a reckless promoter
who, having fascinated and over
persuaded Nipple, led him into a
financial morass.
Here is the story Receiver
Earle is writing to the attorney
general of the United States:
"Adolph Segal is a fool. He
was educated in boom times in vi
sna. He sees enormous fortunes
everything. Frank Nipple,
PRESIDENT of the company which
4 have restored to solvency, had
involved himself in heavy losses,
involving che company's funds.
He came in contact with Segal,
whose sanguine temperament led
Nipple to the hope that he could
avoid exposure by the success of
some of Segal's enterprises into
which he poured the money of the
Real Estate Trust Co.
"Segal had built refinery In
New Jersey to compete with the
sugar trust. He constructed a
fine plant at place where it
could not be operated for want
of water. The trust then could
have crushed him, as he had not
Nipples backing, by just letting