New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-27
Gane's
500 Million
Plot Revealed
Continued from page one)


dolph E. Kohn, head of the American
Rubber Company, a mushroom CORPORA
ton which had its birth in a dingy
ralncoat shop in East Sixty-third
Street. The documents included an
other 100000 in "air castle" secur;-
ties.
Among the documents were a COM
plete file Of letters and kilograms from
lrencE to kchn and vice versa. from
May ~ until August II of She present
year The letters will be used to nrove
that kohn and French both knew that
their ira nsactions were illegal. as
through them all runs q streak Of
grim humor at the "outwi ting" of the
authorities.
On May IT French acknowledged
receipt of 100000 worth of Kohn's
notes. ut is understood that | have
full authority to use or cause to be
used any or all of said notes in anv
way that deem advisable" ths letter
when the notes fall due French viii
supply funds to pay them.
wo days later French wired Kohn
that ne was on his way to Chicago
he came, they had conference and
French returned to Dayton. where he
stopped at the Hotel Miami
On June 9, French sent Kohn two
$1,000 notes on the Mackey Tire &
truck Company and the R. K. Strobel
Real Estate Company, of Akron. Gam
also sending notes to Strelzin "a. /.
Strelzin. of Milwaukee, )" he said. And
good
Sent Notes to Cover Kites
To Strelzin on the same day he en-
closed $4,000 of Good Akron paper"
I'm covering the kite to Cleveland
use. l enclose SIS, 900 of Master Tire
paper Endorse this paper paying a
bonus on it if necessary Mail the
Master Tire on Saturday, two Mil
waukee checks-any Milwaukee checks
will do-one for S3127S3 and one for
S2,17217. The checks must reach them
Monday morning"
On June -, Strelzin wired French at
Cleveland asking for $4,000 good
rated paper French, writing that
night to Kohn, said: There is no pos
sibility of me sending him what he
asks for 1t does not exist I have
plenty Of notes-but they are none Of
them better than the ones sent him. 3"
Then came much discussion of the pro-
posed purchase of bank in Milwaukee
the same bank which is now strenu-
ously denying the proposed deal II
go into that bank are men who will do
just what I tell them to do" French
says. "Fishburn. of Los Angeles will
be president. The rest I don't know
yet
June 20 French wired Kohn: Now
promised bank credit from Dayton
Wednesday. Arrange to cover Strezin
without fail"
June % French was chuckling, yet
rather grieved, over reports given out
at Dayton about him. Zone man here
asked for Dun's report on me last
week" he says THE only true state
ment made in it was that I use private
cars and spend a great deal Of money.
1t stated that | was wholly unreliable
utterly unworthy Of belief or credence
by any one and very dangerous man
for any one to have anything to do
with. Hoffritz got a copy Of it by
having 1t read out loud to himself BY
Duh's man while a concealed stenoz-
rapher took it down in shorthand. it
hasn't worked, though. Several very
good contracts are we'll under way to-
night. But-those two checks must not
come back. That would probably en-
able the agencies to so discredt me as
to destroy all that has been done here.
,ua w. ', 20 JAMS mere nave received
~ '. -. ~ peware Oh me themselves
10 ~ 40 -s1;,L eus .o''ie's 70 nave noth-
20 w Will me
instruction on Kiting Contracts
Tho, ~ 49,
instrnct;ons - pAsss .n 81 oeea'leo
trac+sv and .bo,. "r.ul N-'iHs con
two bonrs va, d;ea. ana l spent
mannfsct,1r;rr c W., seso's o' large
wants At laas+ so0o ooo 49,. :,,
make con+rac+ ,.;tb 9V ~ fo =, zoo "no
We hope TO get il closed ~ Pl''' weel@
These men knew all about Dnn,S rs.
port. but one If Them l;vss N Car.or
and knows NV Mr. Davis vnrv val
He ridiculed rha tbaorv +ba+ ~, sxia,d
OF DAVIS could be wrong At any
cbocs y Nj N;l1,a zoo W. e"ose UwI
or not do not care p,t bnld 49, par1
Go easv on the telenhone Onarators
are often ordered to listen in on teIe-
phone messages to or from me"
From then until June 81 French's
letters are full of worry. Things are
hanging by a hair here tonight" he
says in ane of them And in the mean
time Kohn had sold a thirty-da note
Of the Master Tire & Truck Company.
which had been given to French for
sale for the company. The funds had
been used by Kohn at will certainly
cause an explosion if that thirty day
note comes here for collection" French
wrote on June 20 II had no right to
use the two notes for $4,000 each"