{ title: 'The Sun and the New York herald. (New York [N.Y.]) 1920-1920, August 03, 1920, Page 4, Image 4', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn83030273/1920-08-03/ed-1/seq-4/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn83030273/1920-08-03/ed-1/seq-4.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn83030273/1920-08-03/ed-1/seq-4/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn83030273/1920-08-03/ed-1/seq-4/ocr.txt', label: 'text/plain', meta: '', }, ] }
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I PONZI SURVIVES A $3,500,000 RUN w - I Clients Storm Hie Office and All Get Their Money Mb NOTHING CBOOKRD FOUND Wizard of Finance Denial Sen- sational Report! of Inaol-rene- y Blames Enemies. if rial toTuMtfin Boston, Aug. J.Charl Pofiit. \the wonder of finance,\ continues to eon. touMd hla crtUc by serenely surraount-In- g tjjjsis that would or the av- ow man or In! ration. Ia v days ho ha past out ,600,0oO. and y he wu confronted by the Me run vet mad on hla office by paraom cared by a mo rata Mwapapar atory to the effect that h waa Insolvent, and who wfVUy demanded their money back. Pood mat one and all with hla mag- netic smile and aaw to It that each re- ceived hla money. Nine out of ten of them left hi offloe feeling foollah over allowing their fear to tret the better of them. The tenth man, aa a rule, changed hla mind about taking out hi money one he aaw Pons! and noted hla air. To-da- prompt payment by Ponrd of all claim and hla evident unshaken nflBfMtnft waa too much for hla critic. To add to their discomfiture the wlaard bowed documentary evidence to prove that, a he haa asserted ail alone;, he had been doing buelnoa in foreign draft. He aubmltted the aa an newer to th statement that the only money he handled waa that of hi de- positor To rub It In the receipt for the draft showed they had paased through the bank of the very man who waa credited with making the statement Wild Crowd Greets Hla. Ponil cam into hla office from hti Lexington home earlier than usual to- day on account of th sensational article attacking his solvency. Early aa he was be found a big crowd before hla offices clamoring for money. \Come and get your money, but come orderly,\ aaid the money king to the ex- cited mob aa he threaded hla way smil- ingly to hi office. \I may run out of bank check, but I won't run out of cash.\ Once In his office, Ponxl saw that the payments were started and made as rapidly aa the examination of the notes and the counting out of cash or making out of checks, aa th case might be. would permit Having started that un- der way he retired to hi private office to read hla mall and then invited In the newspaper men. Their first question waa what he purposed to do about the article by W. H. McMasters, once his publicity man, attacking Pons!. \Absolutely untrue,\ was Ponzi's characterisation of the alleged expose. \I have twice a much money as wilt be needed to meet any obligations which will be presented to me.\ Hi only reply to whether he Intended to take legal action against the author of the article was: \What's the usef He declared that McMasters had lit-ti- e more than a superficial knowledge of Ms affairs. Impressing what McMasters had admitted in the story which he pub Hshed under his own name that he had been In Ponxl's employ for only a few day. Pons! asserted that McMasters's story was Inspired by powerful Interests, which are making every effort to ruin him. Ponsl branded as a II a statement that he never had issued or received a foreign draft \I sent from $2,000,009 to M.000,000 broad last week,\ he said. \This money was not sent by me personally, but hrough an Institution. It sends and receives sll money for me. I do not do It personally. The name of the Institu- tion T That la my secret They would an like to know it No Violation Found. \The check which Mr. McMasters said I was carrying for 11,500,000 on a Bos- ton trust company, and which required thirty days' notice to release, I a certifi- cate of deposit It waa too large to put In with a checking account I have It In the vault of tht. Hanover Trust Company now.\ While the \run\ was at Its height the first report of the Federal audit Of Ponxl's accounts brought a reassuring word for the anxious ones. The auditor, Edwin I Pride, told Federal officials that his Investigations thus far have shown no violation of th law. Th audit, however, la far from complete, al- though Pride and hi assistants worked upon It all yesterday, ana a nnai report probably will not be forthcoming for several day. FREED Of $30,000 THEFT. Benjamin Silverman, held on June 15 In 150.000 ball In connection with an alleged $30,000 theft or securities In the financial district, was discharged yes- terday by Magistrate Simpson in. the Tombs Court when Assistant District Attorney Edwin B. McOuIre said there was no evidence against him. FLOOR-C- O VEILINGS IjOOO TEXANS WRECK JAIL AND HANG NEGRO Said to Have Confod Fatal Attack on Whit Woman. Osjrrs. Tea.. Aug. !. A mob of more than 1.000 men tht afternoon stormed the county Jail, battered down the steel doors, wrecked th steel osU and took out leg Daniels, negro, charged with th murder of a white woman, gad hanged him to an oak tree In the court bona yard. The lynching followed announcement of a full oonfeastpn made to the Orand Airy and also to District Attorney The wit of a farmer living near C ter was found unconscious at a lonely point gnear her home last Thursday body was braised and lacerated. She waa taken to a sanitarium, where she died Friday. Capt W. A. Bridge, commanding Company L, Hetenth Cavalry, louofs wire Instructions from Austin to protect th prisoner and to prevent tne lynching, but he waa unable to And any member of bis company In thus Tor mobilisation. Boon after the lynching th crowtt dis persed end the town quickly resumed Its normal appearance. GIRL SUICIDE'S GEMS TRAIN-RAC- E STAKE Claimants Speed West Seize Her Possession. to sow to Taa Bus am Nsw Ton TUmum. Cbjicaoo, Aug. I. On a train that left Chicago y for Orsoa Island, Neb., was being run a raeV tor stakes Of $8,000 In Jewels. The contestants, both on the name train, ar Jacob Fisher and Mra Marjorle Leslie. At Grand Island lies the body of Jean-nett- e Fisher, twenty-year-ol- d daughter of Jacob Fisher, and the cause of the strange race. When she killed herself In th Nebraska town Jail yesterday by taking poison she left the disputed Jewels, which are claimed by Mrs. Leslie. If the girl's father can obtain pos- session of the towels as being among her effect It will mean a prolonged law- suit tor Mra Leslie before she gets them back, Hence bar anxiety to arrive first and establish her right to possession. DREW UP SEPARATION THEN MARRIED AGAIN Hare' Scheme Worked Until Wife No. 1 Found Out. A separation agreement entered Into out of courtsunder which he was paying his wife $10 a week had the same value as a divorce In tne eyes or james iv Hare. 25 years old, a Long Island Rail road ticket collector, according to his explanation in the Jamaica Police Court yesterday, where Magistrate Doyle hem him In 12,000 ball for examination Au- gust on a charge of bigamy. Wife No. 1. Mra Ethel May Pool Hare, of 117 Shaw avenue. Union Course, who made the complaint, sep- arated from him Just before ho went overseas, and as he thought she had no further claims on htm, he saw no difficulties In the way of marrying Miss Nellie Parks In the Jamaica Methodist Church on May J last. He was walking along Fulton street Jamaica a few days ago with wife No. 2 when wife No. 1 accosted him. CHRISTENED IN MIDAIR. \In Ion\ Baby on Girder Fourteen Stories From Street. Haw Oslbans, Aug. 2. Fourteen stories from the street, on a slender girder of steel, Ole Peterson, structural Iron worker, held his five months old son st noon to-d- while the Rev. William Reese performed a christening cere- mony. Fifty members of Iron Workers Union No. 58 were named godfathers. They occupied positions on nearby girders,. Below the , christening party there were no floors, and through the net- work of steel could be glimpsed the concrete basement The baby appar- ently was bored. Members of the union had suggested that It would be appropriate to have the child of a structural Iron worker christ- ened while hla father was \on the Job.\ The mother gave her consent, details were arranged, and the child formally came Into possession of the name of Weed L. Peterson. PULM0T0R HOLDS LIFE A DAY. Boy's Heart Beats 34 Hoars After Respiration ( eases. St. Lome, Aug. 2. After having been kept alive with a pulmotor for twenty-fou- r hours Robert Stansbury, 16 years old. died at the City Hospital this The boy underwent an operation for an ear affection yesterday. While on the operating table he stopped breath ing. His heart continued to function and a pulmotor was brought Into use. Physicians assert their belief that this I the longest time In which a pulmotor has been used continuously. Ifaanro Holdups Get 9110,000. Kansas Citt, Aug. 4. Four negroes In a motor car y held up a negro messenger of the Troost Avenue Bank and escaped with a grip containing 12.900 In cash and checks aggregating between $10,000 and $50,000. New' Schemes' fori Old Interiors 'WOUK reservations for Summer were doubtless made in the Spring. It is also wise to consider house furnishings for Fall, in Summer. Let us prevail upon you to set our designers to work now, evolving new schemes to re- animate old interiors. The extra time you give us simply means that we give that extra time to you, without extra charge. FABRICS FURvrruRE W. & J. SLOANE FIFTH AVENUE at 47th STREET THE SUN no Jffe all to HERALD, Your Securities will give you concern through Idle Summer Days if placed with our Customers Securities Department handle details subject your genertd control I Me mifbr Downtown. 3l$k fir Booklet \The OKodeno Method Caring fir Securities BANKERS TRUST COMPANY Reserve System Office Astor Office Avenue at St. e Paris, 9 Rue 5t,Floreniin NEW YORK if Federal Trust 5ih 4mi August Weather Suggests One of These Chauffeurs' Sommer Suits $18.74 Not only a comfort to the chauffeur, but a com- fort to your purse being priced lowest-in-the-cit- y. Cut on a pleated back model, with four patch pockets. These suits are made of dark gray Palm Beach cloth and will not readily soil. CAP TO MATCH $2.79. SflSSfj Fifth Floor, SSth Street, Front. fo HERALD SQUARE Kio.7 NEW YORK sWsl llMf mm Carlisle Sales Company, Inc., 235 West 58th Street Telephone Circle 4733. if J TUESDAY, AUGUST 8, 1920. ...... f . \TL Jff Grand Central Palace $5,000,000 SALE People who do not usually attend \sales\ are particularly requested to investigate the merchandise being disposed of at this sale. It is different. . si' M The absence of \job-lo- ts \ \mill ends,\ \seconds \factory rejects etc., 1 i a a and tne including a of nothing but strictly first quality goods at wondenuuy low prices adds to the importance of the event Gov't Airplane Cloth 60c yd. Thirty-i- x inches wide, this wonderful fabric is not only very good looking, but, being designed and woven according to very rigid specifications, is extremely strong. For women's summer suits, wash skirts, auto coats, lounge covers, office coats for doctors, dentists, barbers and for nurses' uniforms, as well as for white wash dresses for little girls it is ideal. This is an unusually low price for this cloth. It is in two weaves, the 8o thread and the 68 thread, both 6oc a yard. Woolens Exceptional Values There is a tremendous stock of woolens to be disposed of in this great sale. These goods were purchased to be made up into fall and winter garments, and are now being sold by the ya rd at prices considerably under the present market. BLUE SERGES $2.50; $2.75; $3.00; $3.25 $3.50; $3.75; $4.00; $4.25 A wonderfully comprehensive assortment of navy serges, in a num- ber of weights and weaves. AH faat dye, all wool, jo to 5f inches wide, for women's dreie, uitt, ikiru and coati, also for men s suits. Range Wjooi Wooi cheviot cloaking for women. 54 inches wide, ao ounce cloth. Shadow plaid on a range of colon, olive, gray, green, etc. A very fine, serviceable and stylish fabric. Yard, St. Range WjoaiCloaking, 54 inches wide, 14 ounce, in a splendid range of colon, for women' coats and. men's overcoats. Yard, S3. Range W3019 Cheviot coating, 16 ounce, S4 ncne wide, in graynd dark shades. Yard, $2.75. 'Range M1804 Oxford flannel for men' tuit or light weight overcoat also for women' uit, coat or skirt. Weight 14 ounce. Yard, $8.50. Range MiO)5 Iridetcent coating, for men or women' coat, 54 inche wide, 14 ounce. A splendid fabric. Yard, $4.25. Prieuly gabardeen. 56 inche wide, in olive drab and light brown. Yard. S2.2S. Philippine Cloth a beautiful tropical wonted, all wool, 5$ inche wide, weigh 9 ounces. In olive green and dark green for men' uitt' or women uita, coat or kirt. Yard, $4. many not So. 701 Child't lace Ox- ford, full common tente toe, welted ole, in vici, Ruia or black calf or patent leather. Size 8J4\ to $3.50; sizes tiK to a, $4. So. 558 Women's tan or black one-eyel- heels, soft quality size iK to 8. No. 14C7 Misses' and chil- dren's white \Nubuck\ lace, leather toles, ana counter. will splendidly. Infants' size, 6)4 to 8, $3; sizes to 1, $4; izX iX to 6, So. 1800 Women' five-eyel- et lace Oxford, gun metal, welted sole, mili- tary heel; jX to 8; AA to D. Pair Hosiery for and Women Do not confuse these good witb \slight mill imperfections,\ \factory rejects\ or \second.\ They are all first quality goods at much less than \regular\ prices. Anticipate your wants for some time to come and buy accordingly. For Women Tull fashioned title hoe; black or cor- dovan; bos of 3 pain, $2.10; pair 75c Extra long ilk boot hose, mercerized lisle top and feet, black Box J pain, $3.40 pair $1.20 Silk boot hoe, Richelieu ribbed, mer- cerized cotton top, seamed back. Box of J pain, $3.75 pair $1.30 Thread silk boot hoe, heavy quality, mercerized lisle tops, in cordovan, navy, black or white. Box of 3 pain, S4.S5; pair $1.60 Ingrain silk hose, very heavy quality, full fashioned, silk foot and top, black only. Box of 3 P\. $$$ P'ir $ Glove silk hose, Richelieu ribbed, black or white, very high grade. Box of 1 pain, $10J0 pair $$. For Men Liile half hose, light weight, high spliced heels, double sole, Navy only. Box of 6 pair $1.75 Silk plaited fancy half hose, full fah-ione- black or white; alto a few colon. Box of j pain $3 Silk plaited half hose, cordovan, smoke, green or white. Box of 6 pain, $3.60 Silk plaited half hose, duo tone in various hades. Box of 6 $4 Pure thread (ilk half hose, mercerized lisle ribbed cuff. Palm Beach, smoke, black or white. Box of 6 pain, $5 The pretty ankle contest is going to mean $500.00 in gold to tome woman, a pair of gold cloth slippers to another one and a pair of silver doth slippers to a third. You may be woman to win one of these prizes. Ask at about it. No charge of any kind. Shoes for Men, Women and Children This is tfe sale that has set the pace in value giving in shoes in New York. Notice that there are numbers for fall and winter wear something generally found at now re- duced prices. t n, pumps, French leather; $3 solid heel They wear $5. $7 only. pairs, the So. ISIS Boy' tan Bluch- ers, full toe last. Same shoe in button style. This it a sturdy she tor general wear and will give splendid ser- vice. Sizes K to $2.50. So. 1321 Men' tan ma- hogany lace shoes. Eng- lish lat. Single toles, blind eyelet. Goodyear welt Size 6 to 11. $5 Men So. 1S2S Little genu' gun metal, lace or button style, ize 9 to i3h', t $1.50; same (hoe in larger sizes, tH to 5f, $2. So. 719S Men' tan ma- hogany Blucher, tingle toles. All solid leather-Siz- e 6 to 11. Pair $4.50 Grand Central Palace Lexington Avc,46$to 47 Sts.,New York Hours 9 A. M. to 6 P. M . Daily 10 P. M . Saturday Phone Vanderbilt 7300 Nemours Trading Corporation Chas. W. Mills, V.-- P. & G. M.