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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 08, 1904
Page
9
A public figure blasts Wall Street and the frenzied financiers over Amalgamated and Steel securities. He declares he exposed their schemes with advertising and aims to end the insiders’ gains by forcing accountability.
The piece portrays a bear market attack led by a Boston financier named Mr. Lawson targeting Amalgamated and related stocks. It details large margin calls, heavy selling, and demoralized traders, with forecasts of lower prices before noon and possible receiver actions. It notes planned ads in the West and Europe and hints at a forthcoming move late in the week.
Mrs Chadwick is taken from her bed by Marshal Henkel and federal agents after a warrant arrest on embezzlement charges. She wept and smiled at Carnegie's name as the scene unfolded. Officers report she remains nervous but not as ill as feared, with a 10 AM appearance planned before Commissioner Shields. The case centers on a chec k transfer of 12,500 linked to her alleged theft from a bank that held Carnegie notes.
A New York source says revelations will reveal the Chadwick case as the century’s most colossal affair. Five New York men and many Western businessmen will be implicated as the grand jury investigation begins in Elyria Ohio tomorrow.
Cleveland dispatch reports United States District Attorney Sullivan welcoming Mrs. Chadwick’s arrest on charges of aiding misapplication of bank funds. The affidavit ties her to $12,500 misappropriated from Citizens' National Bank of Oberlin in 1903 via Cashier Spear, with further reference to Irving Belford and Mme De Vere. Officials note possible impact on Chadwick bankruptcy petitions.
Cleveland dated note shows a forged instrument drawn to C. L. Chadwick and signed Andrew Carnegie. The handwriting of the date amount and signature match the note but the words two hundred and fifty thousand were added by another hand. The note dated January 7 1904 promises payment for value received with 5 percent interest.
Toledo Ohio December seventh. A conference was held by United States District Attorney Sullivan Geary and Marshal Chandler. No statement was issued but the purpose appears to identify Mrs Chadwick with Mme De Vere. Irving Belford, attorney for Mr Lamb a victim, identifies photos of Mrs Chadwick as Mme De Vere and says he met her in Cleveland two years ago and she did not deny identity.
The annual hall gathering of the Transfer Drivers and Helpers Union Local 612 I B of T takes place tonight at Odd Fellows Hall. Members are urged to attend for announcements, fellowship, and recognition of service.
An overview lists brain and nerve based conditions such as Dizziness Dulness Headache Fits Blues Melancholy and Insanity plus Backache Neuralgia St Vitus Dance Epilepsy and weakness of nerves in organs like lungs heart stomach kidney and bladder The text notes nerves supply energy to all organs and implies a remedy follows.
The Peruna Lucky Day Almanac is a fixture in over eight million homes and available free from all druggists. The 1905 edition is published and supplies will soon be exhausted. Inquire early and obtain one today.
An advertisement touts Dr Miles Restorative Nervine as a tonic to reconstruct worn nerve tissue. A testimonial from J S Wilson of Dallas County Missouri states a 17 year old with epilepsy recovered after using the product and pills, with a money back offer for the first bottle.
A bustling Boston arts roundup highlights Mme Schumann-Heink at the Colonial Theatre with four more performances of Love's Lottery. Upcoming weeks feature William H. Crane in Business Is Business and Sardou Mirbeau pairings, plus Sothern and Marlowe at Hollis Street with Much Ado and Hamlet, and Amelia Bingham at the Park in The Climbers.
The article reports rumors that John D. Rockefeller may back Mrs. Cassie Chadwick in settling her debts, including Herbert B. Newton’s claim of 190,800. Newton expresses strong faith in recovery, while Carnegie loan signatures are questioned as witnesses Lyons and Whitney return to Oberlin for Thursday testimony.
In Oberlin Ohio on December 7 a grand jury subpoenas are in the hands of the sheriff seeking witnesses and records in connection with the Carnegie inquiry. Officials connected to the notes shown to Carnegie are expected to be involved as testimony.
Andrew Squire, counsel for Sir Reynolds, says a settlement of claims against Mrs. Chadwick is unlikely. He notes inability to obtain any clear statement of her resources or plans to pay. He once defended her in Cleveland and says much of the claims directory consists of assurances rather than solid data.
Senator Platt of New York introduced a bill to cut representation in the House. The plan lowers Alabama from nine to seven, Arkansas seven to six, Florida eight to two, Georgia eleven to eight, Louisiana seven to five, Mississippi eight to six, North Carolina ten to eight, South Carolina seven to five, Tennessee ten to nine, Texas sixteen to fifteen, and Virginia ten to eight.
A masked man confronted Druggist Walter Chamberlain in his Summer street store in Lynn tonight and demanded money at gunpoint. Chamberlain fled to a rear room and then to the street yelling for help. the robber had fled when police arrived, taking only a few cigars.
The British steamer Cumbal of 4259 tons gross, last sailing from New York October 27 for Valparaiso Callao and other ports, was foundered near the Straits of Magellan. Owned by New York Pacific Steamship Company Limited and built at Newcastle on Tyne in 1900.
Milton Virginia December 7 three central buildings burned causing about ten thousand dollars in losses with only a small portion covered by insurance. Local fire crews battled the blaze through the night and no further details on casualties or causes were available at press time.
Mr and Mrs Edward G Magee of Somerville observed the twenty fifth anniversary of their marriage at home 92 Flint Street with family and friends in attendance. Sons Ralph and Clarence Magee and daughters helped with hosting. Local friends Bertha Leavitt Blanche Quinn from Hiverett Susie and Anna Gladys Magee assisted, with ushers Hollis Leavitt Joseph Phelan Arthur Kee Stephen Collerin and sisters Gertrude Kee Ethel Kee and Agnes Phelan.
Captain Timothy Murphy of 19 Cobden Street Roxbury was surprised at his home by friends last evening to celebrate his 75th birthday. Ex-Congressman Joseph H. ONeil served as master of ceremonies while ex-Senator W T A Fitzgerald presented a portrait of Murphy’s son from New York.
Lon Grilk Harvard star sprinter has been sent to Stillman Infirmary with a strained leg muscle from last year’s dual games. Trainer Garcelon has worked on hurdling him this season, but his injury casts doubt on whether he will run this year.
Everett December 7 Joseph Swan longtime city fire chief died at home Buckman Street in his 80th year He leaves a widow and two sons Joseph T Swan assistant chief Roland F Swan fire commissioner member of the Board of Fire Commissioners
Young men found seven copper plates engraved with facsimiles of a $2 silver certificate dated 1899 on a pier island. The plates, used to print bogus notes, were recovered by an agent and Dr. Sanft, later identified as insane, remains committed at Jamaica Plain asylum.
An advertising piece warns against arsenic and lead based cosmetics and promotes Smith's Pineapple and Butternut Pills as a safe remedy. The pills claim to improve complexion by cleansing the blood and regulating liver and bowels, with vegetable ingredients and no griping. Priced at 2 cents and signed by W. F. Smith.
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