The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1910-10-25
100000 in Spurious
Nicaraguan Notes
The Chicago Firm Who Did the sin-
craving Said That 1t Tia NO foea
That 1t Was Doing an Illegal Act,
as Representations We're MADE Ifiat
the Printing Was Tor the Ni'aE's-
guam Government
pvan Government.
(Ry the Associated Press

guam &EoYtFth.sts8is
(Ry the Associated Press
New York. Oct. 22.-Three hundred
thousand dollars IN counterfeit Nlcara-
guan five-pesos notes. freshly printed,
were seized and the printer who
made them, the engraver who made
the plates and the man charged with
securing their manufacture were ar
rested here today by Captain Porter,
OF the United States Secret Service,
and his operatives. The notes had
only been printed, not having the
"official' seal impressed. There were
$4,000 notes each OF five pesos
tworth approximately Two dollars
each, American money!. and signed
BY F. Baca, Advocate General: j. Mad
ritz, Eel Presidente," and f. Mayor
gag. They had not been cut from
the large sheets.
Geo. Is. Williams, president Of the
printing company bearing his name,
was charged with printing the spuri-
Gus notes; II. N Secrest, of Taulpico,
Mexico, was accused OF being the pro
nl0ter having the notes printed and
Richard J. Trumbull, manager Of the
Guarantee Engraving Company, of
Chicago, Is charged with having made
the copper plates from which the
taken by the secret servic men from
tn place where they were being used
at the time OF the raid. A taxicab
sped at high speed across the city fol-
lowing "a tip" that a conference Of
the men regarding the counterfeiting
was being held. enabled Captain Por-
ter and his men to reach the printing
plant, q large one on the north side
of the river, just g. the confreeS were
hurrying away. They made no resist
ance when arrested.
The story Of the counterfeiting plan,
as evolved by the secret service oper-
atiVes from the men arrested and
from the information which put them
on the track Of Secrest, is as fol-
lows:
Secrest. a planter. OF Taupico,
Mexico, had been loaning money to
N~icaIaSuans, and was nah to get il
back because Of a shortage of current
funds in the republic Upon q pub
lie announcement that the government
would duplicate for 1910 an issue OF
5-pesos notes similar to those Of 1905
to relieve the financial stringency, the
story goes, Secrest, seeing a chance
to profit iliegitimateIy. came to thu
United States. It is alleged he Wen
to a north central city first, but hii
alleged efforts to get the notes printed
secretly were in vain. Then, it i
charged, he came to Chicago.
AS a result of the canvass OF Chi
cago. it is charged. the Williams Com
pany, through its president, upon Sc
creest's representation tina he was al
official from Nicaragua and that h
wanted the Chicago printer to tur1
out the official money for the republic
agreed to print the paper. On the sam
representation. according TO TTum
bulls story, the Guarantee Engravin
Company agreed to furnish the plates
Observation-Disclosures ZEE
United States laws provide equa
punishment for counterfeiteTs G
American and foreign money as coun
terfeiting u Own. The penalty i
not to exceed I'VE years Imprisonment
or a fine of $4,000, or both.
United States COMMISSIONS Foot
continued the case against the thre
men Until next Wednesday. SecreSt'
bonds were fixed at $40, 600, Williams
at $1,000, and Trumbulrs at $500
Williams and Trumbull furnishe
bonds before evening.
Williams SAID he had no though
that he was doing an illegal thire
that there WAS nc attempt at conceal
ment in his work. and that Secre.
had told him the printing was for tn
present Nicaraguan government
Trumbull also protested that he Wa
innocent Of any wrong
The most agreeable of all cOmp3,