The Washington times., 1910-03-04

Acting under the direction Of the Bu-
reau of Investigation OF the Department
Of Justice. detectives from the District
Attorneys office. headed by Assistant
United States Attorney Harvey Given.
raided three stock brokers Offices short
ly before 1 O'Clock this afternoon
Tne raids were made under a new law,
which recently became effective IN the
District OF Columbia, and which gives
specific definition OF bucket shops"
The raids which we're nade sinultan-
eously. were Al the brokerage Offices OF
E Everett Taydor & Co. at Iss 2
street. and in the Cu-ay building. Eighth
and c streets. and Duryee & Co. in the
Evans building. New York avenue
Getting Evidence.
N Given and Detectives HeIan and
Grant, OF the District Attorneys Of
zee, had 5een working on evidence
against the alleged bucketshops for
nearly a month. and this morning he
decided 10 raid the three Offices.
Under the new law a brokerage hrm
must snow intent 10 deliver where
there IS trading on a margin Failure
10 do iris makes all transactions a
violation OF law.
Detectives HeIau and Grant and sew
eraI plain clothes men were started out
about l. O'Clock and ordered 10 raid the
different Offices al E.45. Instructions
were given by the District Attorney 70
allow TO one 10 leave any OF the esta6-
Gshnents and 20 take possession Of
all records Of trading transactions as
evidence.
The raids came as a biz surprise
40 The managers Of the different Offices,
VINO did not even suspect that an i'm
vesJEation vas under way by the Dis
tricJ Attorneys office and the Depart
ment OF Justice
Forty Customers.
In the F street office OF Taylor <
CO.. there were about forty custom
ers watching the quotations being
chalked Up on the board, when Ur,sr-
tive HeIaa, accompanied by Detective
Armstrong and a half drzen policemen
walked into the place.
f. Everett Taylor and Harry John
son were placed under arrest, and
no one allowed 70 leave the room until
the names and addresses Of al the
customers had been taken
At the same time other detectives
took charge Of the firms once in the
Oursy building. and placed z. J. VII
arrest.
Al Evans Building
Detective Grant and several policemen
went 10 the Office OF Duryee & Co, in
the Evans building, and placed II. r
Duryee and Charles r. Alley under ar
rest. Alley IS a telegraph operator. and
denies that ne has any connection with
the concern.
WiIhoit, who was arrested AT the
Ouray buildinz. IS also a telegraph oper-
ator. while the detectives say Harvey
cutter Is the manager of the Office
Mr.. Given, accompanied ny agents
OF the Department OF Justice, visited
all three OF the Offices, ana none Of
The customers we're allowed TO depart
until there names and addresses had
been taken. After the raids, Mr- Civ
en- said
Under this new law We have clear
cases against these TWO firms The law
makes q clear and specific deinition
Of a bucket shop We have been work
iu2 on the cases for more than a
month. and this morning I decided /
had sufficient evidence 10 warrant
making a raid
Deny Violation.
Botn Taylor and Duryee assert thar
they have been conducting a legitimate
business. and deny that they have vio-
lated either the letter o. the spirit Of the
Law.
All have 10 say said Mr.. Taylor,
lis that 7 cannot understand what all
this means am running perfectly
lecitimale le business All my transac-
uOus are made through the Consolidated
EXCHANGE, OF Philadelphia AL our
transactions are properly recorded, with
the names Of the customers who buy
and sell
we do business Just the same as
ever broker. and fail 20 see how we
have violated the law II Is an outrage
for them 10 come In here and Try TO
ruin my business Ike this"
OLD SOLDIER FALLS