New-York tribune., 1910-10-23
SEIZE 10000 BAD PESOS
Secret Service Men Unearth AL
Ieued SwindIe by Mexican.
SPURIOUS NICARAGUAN NOTE
Chicago Printer and EngraVer,
Also Arrested in Spectacular
Raid, Say They Were Dupes.

chicago. Oct. 2e-seven. hundred and fifty
-ros,sand pesos in counterfeit Nicarasuan
eve reso notes. freshly printed. We're
.,,ze5 and the printer who made them,
-pa enrraver who made the plates and
So nan charged with procuring their man
,,fact,1re were arrested here to-day by
0aptain Porter. OF the United States Sc
o-et Service and his operatives.
The notes had not yet been stamped with
4re ..ofFciaT' seals or numbers. There were
one hundred and fifty thousand notes. each
OF five peso Cvorth approximately 81 each
American money! and signed" F. Baca,
advocate general; J. Madriz, eel pTesi-
dente," and T. Mayorgaz. They had not
been cut fron the large sheets
George z. Williams, president Of the
printing company bearing his name, was
charged with printing the spurious notes.
i X. Secreest. OF Tampico. Mexico, was
accused Of being the promoter and having
The notes printed, and Richard J. Trumbull'
manager Of the Guarantee Engraving Com
pany OF Chicago, IS charged with having
made the copper plates from which the
raper Was printed. These plates were taken
nv the Secret Service men from the press
where they were being used at the time of
the raid.
a Wild Tsxicab Ride.
A taxicab ride OF high speed across the
city following a Tip" that conference OF
the men engaged in the counterfeiting was
relng held enabled Captain Porter and his
men to reach the printing plant-a large
one on the north side Of the river-just as
the coaferrees were hurrying away from
4re building. They made no resistance
when arrested. bat Williams said he
thought Secreest was an official OF the
-SicaraEuan government, and that the work
was LEGAL. Trumbulls plea was The same
The story Of the counterfeiting plan as
evolved by the Secret Service operatives
from the men arrested and from the IN
formation which put them on the track OF
Seereest is as follows:
Secreest. a pIanter Of Tampico Mexico,
lad been loaninE money 10 Nicaraguans'
and was unable 10 get Il back because OF
a ehc-tage Of current funds IN the repub-
lie on a public announcement that the
government would duplicate for 1Si0 an
issue of five pesos notes similar TO those
of 1903 10 relieve the financial stringency'
TIE story goes SecreesL seeing a chance
70 --roGt ulesiimately, came 10 the United
States
Il is alleged he went TO north. central |
city frst. but his alleged efforts TO get the
notes ILL--LC4 St-AAILAr We ~ fN-'A--
present here Of Peter c. Dick, Of Cleve- |
Isnd. q Secret Service operative, lends
strength 10 the report IL was in the Ohio
CITY. but that was not confirmed. Then, II
As CHARGED. he came 10 Chicago.
As a result Of the canvass Of Chicago, |
& iz Charged the Williams company, |
-f--7rlrh its president upon Secreests rep
reeentation that he was an official from
r-tcsracua- and that he wanted the Chi /
cago printer 10 turn cut the official money /
for the republic. agreed 10 print the paper 1
on rhe same representation, according TO |
TrurnbuITs story, the Guarantee Engrav- /
ing Company agreed TO furnish the plates /
TIE lookout tip 70 the Secret Service 4
operatives from the first city Secreest Is /
reporred to have visited enabled the Chi /
cago operatives 10 keep close watch on the |
Mexican and to-day. when watcher at the 4
rrtrr1ne factory reported the thrfe men in 4
conference the taxlcab ride Of the officials |
and the arrest followed.
Eight bundles Of the printed notes, twelve 4
copper plates used IN the printing and |
ronv Of the official seal Of the Nicaraguan /
government were loaded on q dray and /
taken 10 the federal building. Tie Secret |
Service men took from the Offices Of the /
printing company two bona hde notes l
Of the 1909 issue. from which the engravers 1
are alleged 70 have copied the plates for |
the counterfeits.
Note Easy 70 Counterfeit.
TIE note bears a design offering little |
olzculry in copying, even for an mex /
pe-zEcea enFraver a background Of |
orange lines, in simple. wavy design, bears /
printed in black type the words "Repuhlica /
c. Nicaragua { pesos and the names Of .
officials Of the government.
The United States statutes provide equal 4
punishment for counterfe.ters Of American 4
O. foreign coin or paper money OF the \
oeeICe Of having ia ones possession the /
means Of couu-erfeitiug OF the spurious /
article The penalty is not 70 exceed five I
wears Imprisonment or a fine Of 5000, or 4
both
United States Commissioner FOote con-
ti-ueI the cases against the three until .
next Wednesday. Secreest's bonds were /
fixed a- $4,000 WIuiamss al 5000 and .
T--r bulls at $500. Williams and Trumbull .