The chronicle=news., 1913-08-14
DtPERDussIN DEBTS
TOTAL $S,0Oo,000.

Paris, Aug. Ian extraordinary
story ix that Of Aramand Dcperdus-
sin. the aeroplane inventor and
manufacturer who WAS arrested yes
terday on the complain, OF bank.
With y business that brought him
100000 = year. he was promin-
ent figure In business and sporting
circles. . leading member OF the Aero
Club and a Chevaiisr Of the Legion
OF Honor. Last week he was received
At the Elysee by the President OF the
Republic. Today he II In custody OF
charges Of forgery. utterins forged
documents and obtaining money on
false pretenses.
Deperduxsin has liabilities amount
Ing TO more thaa es.400.000. To
that sam must be added $l.6O0.0OO
which Deperdussin is alleged to have
obtained from several banks 10 pay
the enormous interest on his loans.
What happened to this enormous sum
10 what the law officers are now try
Ing TO find out.
DepsrdusaIn has had a remarkable
career. ~ 81 he was ~ Monte Car
10 tryinK by n new System to break
the bank. He failed and went to
Brussels and then to Paris. Sudden
ly. to the smaxemeat Of everyone. he
became very rich. II was said he hal
beaten the Monte Carlo bank at last
lie founded . publishing firm and
later put on the market new type Z
magic lantern. lie also started h
silk business. This prospsred. and
In order to increase Il he applied to
the Compton industriel et Colonial
for assistance.
The bank lent him the necessary
funds out but was not satisfied with
the Immense profiis he WAS makink.
Deperduain. the baak now alleges.
forged delivery orders for silk repre-
seating vast sums. and each amount
the hank paid him.
When aviation was In Its Infancy
the entcrp, !sing Depcrdussin became
nm aeroplane manufacturer. lie 60:
TO know several engineers. flosted =
company. built = factory. bought an
aerodromc and opened sthooi Of
aviation. t
This extraordinary man also start
cd . private hospital where several
doctors and ~ assistants are III EN-
ployed. Here avistors Injured In ac-
cidtnts were treated. In the aero-
planc factory $50 workm.n were en-
ployed.
Dcperduasin had luxurious apart
ment Ia the Avenuc De villicrs.
where he kept nine servants. Not
long ago he bought three cha,eaux.
one Of which. situated near Tours.
cost 100000. lie had three motor
cars. and re> entity bought for $780,
900 an aerodrome a, Rheims aud
started = new aviation school.
He gave several aviation prizes.
financed several newspapers and four
Paris theatres. Only recently he
promised the Aero Club to place n,
their dispoaal his aerodromc ai
Rheims for the Gordon Bennett Cup
contest. which takes place next
month. He gave S:o. 900 to the Aero
Club for prizes during the Rheims
meeting.
A few months aEo this Croc.us o,
the aviation world was elected one %.
the directors Of the Aero Club. and
In that capacity he called with his
colleagues at the Elysee and invited
the President Of the Republic to visi,
Rheims for the Gordon Bennett ron.
test.
His lawyer. who visited him since
he was arrested. said that there were
no discrepancies In the transaction oi
his aeroplane business. II was the
heavy interest he had to nay which
ruined him. He had made ar.
ranEcments with bankers. and canno,
understand why they took proceed.
ings against him. He estimatc'
that his fortune is still considerable
probably 3A.OOo.oo0.
II YOU sit in q cool draft when yot
are heated and get a stiff neck ol
lame hack you will be looking fol