Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-03-01
LINDSAY DENIES
Fleeing N. Y.
SOCIETY WOME N
Money Advanced With a Full
Understanding That 1t
Was to Be Used to Spec
ulate in Stocks, He Says.
tlIy INC Assoclnted Press

New York Feb. 2S.-Alfred f.
Lindsay, alleged swindler of So
ciety women. issued a statement
from his cell in the Tombs prison
today, denying that he had fleeced
them out of nearly 100000 by
fake stock transactions. and paint.
ing himself as a faithful meaI
ticket to those who had lost
through his speculations.
This statement was in sharp con-
trast to one issued earlier in the
day by Assistant District Attorney
Murphy in which Mr.. Murphy said
Lindsay had broken down and
sobbingly dictated confession
that many of the charges against
him We're true nd that he and his
wife had discussed suicide as Q
possible way out of their Difficult
ties.
All the women who advanced
him money did so. Lindsay's state
ment declared, with full under
standing that it was to be used fol-
stock speculation, and all know he
added, that their money had beer
lost honestly"
Part of losses Restored.
Notwithstanding that he felt he
was under no obligation to them
he said he has continually I'd.
vanced them money until the
greater part of their losses has
been restored to them.
Supporting his contention, he
gave out a sample monthly pay
rolf on which the names of eight
of his accusers appear as recipients
of sums ranging from 500 to $500
and aggregating S1,675.
Mrs. Lindsay, he said, although
she knew nothing of the merit OF
the women's claims, was willing
to turn over to a creditors COM
mittee the handsome Lindsay es.
tate at South Nyack. which, with
the furnishings should bring
nearly 100000.
Lindsay took up each woman's
claims separately, giving his YER
sion in detaii o, the transactions
and denying vigorously the magni'
tude of the sums some of the
women said they had lost
Mrs. Lillian D. Duke, divorced
wife of James b. Duke. the Ito
bacco king" who claims to have
advanced him about S375,000
actually gave him far less than thai
sum. he declared, though he die
not give an exact figure.
Was TO Play the Market.
"In 1913 l met Mrs Duke. who
gave me a check for $1,000 with
the understanding that 1 was to
play the market for her" the state
ment said. During April and May
of that year she gave me approx
mateIy 100000. BY that time
| Mrs. Duke was sued, or about tc
be sued, for alienation of affec-
lions. She was afraid of judS'
ment against her, sold her stock
and gave me the money to specu-
i late with, which / did, making re-
ports to her from time to time as
to the stocks which l invested in
land which she knows was lost
honestly.
81 have always given Mrs. Duke
! money. gave her $500 in De-
cember, 1921, and as late as
January 20 or 80 / gave her $3.50
Mrs. Duke went to Europe in
1914 and 1 gave her the money
to go with. Each letter asked
me for more money which I sent
to her. have been giving her
money ever since July of 1913,
and If she will figure up the
amount / have given her it will
be almost, if not quite, the
amount she gave me. During the
life time of John B. Stanchfield
she consulted him with reference
to this matter and he advised her
that she had no action against
me-"