Facts About the Green Goods Business

Every good thing has its imitation, and this includes money.

Counterfeiting dates back to the old Greek and Roman times, and the

despicable business has been kept up ever since, and probably always

will be. In some countries the laws are so severe that the conviction

of a maker or passer of spurious coin or bills means death. In America

the punishment is usually a long term of imprisonment. Nevertheless

people of dishonest tendencies seem to have a mania for wanting

to “shove the queer,” and are desirous of going into the business

extensively if they can only find a manufacturer of bad money who will

supply them. This demand has been the cause of establishing the trade

popularly known as “green goods” business. The operators are usually

in gangs, and they work scientifically. Perhaps you, respected reader,

have received ere this a very confidential letter from one Johnson, or

Bechtoldt, or Carruthers, or somebody else, (usually located in New

York, Jersey City or Chicago) telling you about the “green articles”

that they have to sell in denominations of “tens, twenties,” etc., and

assuring you that they are “perfect in every respect.” Enclosed with

the letter you probably found a clipping alleged to have been cut out

of a newspaper, telling how a crack counterfeit dealer had been caught

red handed but had passed the ordeal of a trial and had been acquitted,

because the counterfeits were so good that neither prosecutors, judge

nor jury would dare to say that the money in evidence was spurious.

Yet, the clipping goes on to say, that it is well known that the money

really was counterfeit, but had been printed from some plates that

had been stolen from the treasury department, and were, to a certain

extent, genuine.

As a matter of fact, no plates of money were ever stolen from the

U. S. treasury department, and the so called newspaper clipping is

a concoction of some ingenious rascal intended to convince you, if

dishonestly inclined, that you can handle the “green articles” with

perfect safety.

The letter doesn’t contain the address of the dealer; oh, no, he

doesn’t do business that way. You can only reach him by telegraph to

an address given by him, which is no address at all in reality except

perhaps the location of a graveyard or aqueduct. It has been alleged

that the Western Union Telegraph Company simply holds such telegrams

and they are called for by the men who expect them and whose swindling

game is understood by the telegraph people. The swindler sends back

an answer by letter, telling the countryman to come on at once, and

saying that he will meet him upon his arrival at the depot, or at some

hotel, and one is to know the other by means of a colored handkerchief,

a peculiar way of carrying the cane, or some other signal.

Well, the countryman goes to the city, meets the knave who shows him

in some quiet room, a package of crisp bills. The countryman opens his

eyes wide and visions of sudden wealth flit through his brain. Mr.

Counterfeiter suggests that they try some of the bills and see whether

or not they will pass without detection. They drop into a saloon,

and courteous Mr. Counterfeiter insists that the other have a drink.

Perhaps Mr. Wayback may be a prohibitionist, but that doesn’t matter

as he will certainly be willing to drink a little pop beer or ginger

ale, just to be social. The city rascal doesn’t even need to wink at

the bartender to cause the latter to drug the drink, as he is well paid

by the gang, and before the countryman and the city rascal have got

far Mr. Wayback begins to feel stupid, and can be easily induced to go

anywhere his leader suggests while they are “trying the counterfeit

money.” However, the bills are just as good as gold, being absolutely

genuine, and the “dealer in bad money” can safely lead his confiding

friend into any bank, and have one or two bills changed, just to

convince the jay. Perhaps Mr. Wayback is so thoroughly drugged that

he falls asleep when landed in one of the out-of-the-way rooms of the

gang. In that case it is an easy matter to drug him more and rob him of

all the good money he possesses, then take him out after nightfall and

leave him to sleep off the effects of his potion in some alleyway.

On the other hand, if the would be rascal of a countryman keeps awake

he will be introduced to one or two other jolly good fellows, and a

transaction will be made in the aforementioned room. The two or three

thousand dollars in real money (which the countryman supposes to be

excellent counterfeits) will be wrapped in a package and sealed. Then

the jay will be asked to produce the $300 or $500 that he is to pay

for the pile. While he is doing this, one of the confederates adroitly

substitutes another package for the one on the table, being exactly

similar in outward appearance and weight, but filled with sawdust. Mr.

Wayback doesn’t see all this, and the crooks are very clever withal.

About the time that he has his good money counted to pay over, one

of the gang looks out the window, whispers that two detectives are

approaching, and they suddenly skip, one of them, of course, grabbing

the countryman’s payment, and hastily suggesting that he take his

package and get out of the city as soon as possible. This he will do,

and ultimately find out how he has been swindled.

But what can he do?

He intended to be dishonest, and if he complains to the police he will

be liable to arrest. The swindlers have got his money, he has obtained

the experience and goes home a sadder but wiser man.

This game is worked all the year around and it is astonishing how new

“suckers” are obtained so readily. Police and post office officials use

all sorts of methods to kill the business but their success is limited.

The “green goods” men make large sums of money and live high.

To all who are looking for counterfeit money let us say, “Don’t.”

You cannot get it anyhow, but even if you could, the chances are

nine in ten that you would soon occupy a felon’s cell. Seldom a

counterfeiter goes free for long, no matter how clever he may be.

Frequently the styles of “green goods” invitations are altered, and

to one who is bound to be dishonest, it might appear that, after

all, the special scheme offered him may be all right--that is,

dishonestly all right--and that the counterfeit money can be obtained

after negotiations. But it can’t. We do not deny but that spurious

money is passed, but only in the inner circle of crookdom are such

things arranged, and it would be as easy for a camel to walk through

a key-hole as for any but a “cut and dried” old time crook to get an

“inside” on the counterfeit money business.

Be honest; it pays. The writer sincerely hopes that this little volume

may be the means of saving the money of many a man, and of diverting

his ideas in a more legitimate direction. Let such as are tempted by

the “green goods” monster, and who have money that they could invest,

put such money in the savings bank at a small per cent. The result will

be a fair income, but better still, a _clear conscience_.

Extensive Mailing.

Here is a statement about the extensive mailing of “green goods”

circulars. The story was told by Van Buren before the Lexow committee

in 1894.

Benjamin D. Van Buren, a discharged chief clerk of the Jersey City post

office, told a startling story.

“I was chief mailing clerk,” said Mr. Van Buren. “My attention was

first called to the green goods business about eight years ago. The

first thing that I noticed was the hiring of boxes by green goods

men. I knew them by sight only. This lasted two or three months. Then

my attention was attracted to some stories in the newspapers about

the stopping of circulars at the New York post office. Large amounts

of mail were stopped there. Then came some men with big bundles of

circulars without the “return” stamp on them. I suspected they were

green goods circulars stopped at the New York post office. I went to

Postmaster Dickerson with my suspicions, and he told me to keep a

strict watch and see if I could find an envelope open. I did in a few

days, and found one of the regular circulars in it. I gave it to the

assistant postmaster, who took it to Inspector James in New York. Then

Postmaster Dickerson ordered me to send the matter out. Later on it was

discussed with Inspector Egerton of Philadelphia, who has charge of

the postal district in which Jersey City is located; and the rule went

forth to forward at once, regardless of character. Immense quantities

of green goods circulars were then handled from that office. After

a time the circulars came in such quantities that they were not put

through the windows, but taken around to the back door, the same as

other big users of the mails. Postage stamps were sold in big lots by

the assistant postmaster to the green goods men. I should say they must

have bought $500 or $600 worth a day.”

New Dodges.

The following interesting story appeared in the _New York Herald_

of February 10, 1895, and indicates that there has been but little

cessation in the “green goods” business:

Mr. Hace Ead, of Texas, who comes on to New York every spring to buy

“green goods,” and who each time takes home a valise full of bricks,

but who, nevertheless, returns to the business again, hoping against

hope, will have no more difficulty in making his purchases this year

than he had last. The “green goods” men are still at their games,

flooding the country with circulars and disposing of bags of rubbish at

fabulous prices.

The revelations before the Lexow committee did not have the effect of

driving the “sharps” into legitimate occupations. While the testimony

was being given against them they kept in retreat in Jersey City, but

even during the hearing of the “green goods” witnesses, “come-ons” were

arriving in shoals at all the Jersey City depots, and the brick maker

who supplies the swindlers at wholesale prices made his usual daily

deliveries at their offices. The bricks, carefully wrapped up in paper,

were distributed to the four corners of the United States.

John Sheffield, of Manchester, N. Y., who came to Jersey City recently

to rob the “green goods” men, and who did steal $1,600 from two of

them, says that a large part of the savings of residents in his town

has gone to the operators in this city. It was to get revenge and to

obtain some of these savings back that Sheffield came along. The place

where the operators said they would meet him at No. 87 West street, New

York, but he preferred to do business with them in his room at Taylor’s

Hotel, in Jersey City, where he kept his black jack, and where he

succeeded in disabling one of the men who wanted to jabe him in the eye

with an umbrella and recover the money.

The “green goods” men live in New York still. They always did a good

deal of their business in Jersey City, and they do it there now. Some

of the odd looking farmers who come from the central part of New York

State, and who have never seen a piece of water so large that it could

not be crossed by a bridge, are afraid to trust themselves to the

ferryboats. As soon as they see the river they rebel, and positively

refuse to leave dry ground. This necessitates a good deal of the

business being done in Jersey City. Another reason for the selection

of that town originally was the cheapness of police “protection” as

compared with its cost in this city.

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