AN AMERICAN SWINDLE.

Taranaki Daily News, Volume L, Issue 61, 12 October 1907, Page 5

AN AMERICAN SWINDLE.

New York October 10. The Xcw lork Kail way Company exposures culminated in the tcsLwunv of Mr Anthony lirudy. U e that a comparatively worthless iranciiisc, oi the line called the Fulton and Wall street Ferdies Railway, which existed only on piper, was sold to the interborough Metropolitan Company for £200,00. Brady received £50,000, and the balance was shared amongst Ryan, Man, V> L. Elkins, H. Whitney, and P. Nidener, and two brokers, Moore and Schley. I [A cablegram sent on September 20th | stated that, as the outcome of a petition declaring the New York Railway Company solvent, the control of the tramway lines comprising the Metropolitan street railway system went into the hands of two receivers, Adrian Jolme and D. Robertson. The latter w President Roosevelt's brother-in-law. ihe examination of the books of the Inter-Borough Metropolitan Company, the holding concern for all the traction SSTi- ******** (*■««•) had alled to the discovery of records of payments to a very prominent politi-