Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-07-01
der INDICTMENT
IS POSSIBLE HERE
Assistant Prosecutor Gordon
Convinced Phila. Operations
We're Same as in N. Y.
WILL INVESTIGATE HUGHES

Convinced that Elmorc n. Der and
Others were engaged in business here
similar to that which caused the New
York Grand Jury to return sixteen blllt
Of Indictment against him, Assistant
District Attorney James Gay Gordon,
Jr.. today began an investigation that
may bring DER and his associates in the
Philadelphia Office before Grand jury
here.
Before sailing for Europe District
Attorney Rotan assigned Mr.. Gordon
to take full charge of the DER probe.
County Detective Dorsey Phillips.
who specializes in investigating bucket
shops, has been at work on the Dicr
case under the direction of Chief
Wynne. Photostatic copies of the books
will be turned over to Gordon with the
transactions marked irregular. together
with full list Of the victims.
The July New York Grand Jury.
which begins work Wednesday. will dig
into the transactions OF this tirm at a
time when it was known as Hughes Il
Dier.
As n result of this continued investi-
CATION it is expected that further in
dictments will be returned and at
least two Philadclphians will he in
cluded.
Check books and ledgers. as well as
other important papers. are missing
from the Philadelphia office, and evi.
dence of changed pages have been found
by accountants who are now at work on
the local books in the New York office.
Conditions Same Here
"Conditions in Philadelphia are not
any different from those we found in
the New York headquarters, said B.
F. Rcis, who is making the account
Ing, today. I'VE have just started on
the Philadelphia books and it will take
is some time. You see Dier trans
eerred all the big business TO his New
York Office and made this his principal
Office. Everything in the way of Sc
curities and cash that was taken in in
Philadelphia was turned over to New
York.
''rhe method of this turnover is not
quite clear, but | think we may be
able to show just how many hundreds
Of thousands came from Philadelphia
and what became of il. OF course, be-
fore Dier came to New York the petty
cash books in the Philadelphia Office
show large Withdrawals. but the real
big money that was used by the heads
of the firm to buy their handsome homes
and lavish costly jewels on their wives
was drawn out of the firms bank ac-
count. Some of these checks we have,
but there are quite Il number missing,
and l guess they will not be found
either.
I'VE would like to know the exact
amount of securities and cash that was
rushed to Philadelphia to keep the firm
of the rocks IN May of last year"
To Investigate Colonel Hughes
In the meantime while investigators
here and in New York are checking up
with the idea of further criminal prose
cution against DER and his associates
a check on Colonel Hughes. who was
associated with DER in the heighth Of
his prosperity. is also being made.
1t is expected that Dier will furnish
Hail today for his appearance in court.
district Attorney Banton had the as
frances of counsel that Dier will ap-
ear. In the event Of his not doing so.
olice here will be asked to look him
up. Dier's wife has been living with
her parents in Overbrook.