WEBVTT

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<v Speaker 1>Hell low and happy I am to be with you again. Criminal,

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<v Speaker 1>though he was at heart and in action, No modern

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<v Speaker 1>crook who lived by his wits has equalled Walter Sheridan

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<v Speaker 1>in dash, daring.

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<v Speaker 2>And devotion to crooked schemes.

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<v Speaker 1>The more educated and intelligent the professional criminal, the more

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<v Speaker 1>of a threat he becomes to society, and the more

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<v Speaker 1>difficult is his apprehension and conviction. Sheridan is a shining

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<v Speaker 1>example of the uselessness of a criminal life, for, as

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<v Speaker 1>you shall see, in spite of all his cunning, intellect

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<v Speaker 1>and astuteness, he could not remain outside the coils of

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<v Speaker 1>the law. Sheridan took to hotel work early in his life,

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<v Speaker 1>having been trained by the sharpest of all that gentry one,

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<v Speaker 1>Joe Moran. But three years of seeming success found him

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<v Speaker 1>doing his first bit in state's prison. Released, Sheridan tied

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<v Speaker 1>into a mob of bank sneaks for this work. He

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<v Speaker 1>was admirably fitted by his quick thinking, ready tongue, fine appearance,

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<v Speaker 1>and remarkable poisoned balance.

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<v Speaker 2>The record shows that their first job.

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<v Speaker 1>Netted than thirty five thousand dollars from the First National

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<v Speaker 1>of Springfield, Illinois, Stratagem Cleverness of planning, daring of execution,

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<v Speaker 1>not the gun were the weapons of the sneaks. Later,

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<v Speaker 1>his gang, of which he had become the leader and

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<v Speaker 1>master mind, successfully obtained fifty thousand dollars from a fire

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<v Speaker 1>insurance company and still later thirty seven thousand dollars from

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<v Speaker 1>the Mechanics Bank of Scranton. Thus, his seeming success continued

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<v Speaker 1>until he was reported to be worth close to a

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<v Speaker 1>quarter of a million dollars. Then he fell at the

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<v Speaker 1>very time he thought it least likely that's life. He

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<v Speaker 1>tried to rob the First National of Cleveland. The sneak

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<v Speaker 1>on the job, working swiftly and silently while other members

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<v Speaker 1>of the gang drew attention away from him, was grab

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<v Speaker 1>with his hands on thirty two thousand dollars, and Sheridan

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<v Speaker 1>was arrested. Like all smart crooks, he was highly incensed

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<v Speaker 1>over this outrage, this arrest that had the effect he

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<v Speaker 1>intended upon the first magistrate to hear the charges. Thus

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<v Speaker 1>the old trick of low bail worked again. He was

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<v Speaker 1>free on a bond of seven thousand dollars, and of

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<v Speaker 1>course he forfeited it and was away the eye. As

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<v Speaker 1>the Pinkerton Agency was and still is known to the

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<v Speaker 1>denizens of the Jungles of Crime was then handling all

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<v Speaker 1>thefts from American Banker's Association members.

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<v Speaker 2>So they took up the trail.

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<v Speaker 1>By clever detective work, the manhunters traced Sheridan to the

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<v Speaker 1>town of Hudson, Michigan, ascertaining there that he owned the

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<v Speaker 1>principal hotel together with much other property. The detectives registered

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<v Speaker 1>and were assigned to a room. They soon discovered that

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<v Speaker 1>Sheridan's brother in law was the manager. William Pinkerton, was

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<v Speaker 1>assisting his father, Allan in this case. Desperately in need

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<v Speaker 1>of corroboration for their assumption that Sheridan was the man

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<v Speaker 1>they sought, the young detective broke into the quarters of

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<v Speaker 1>the owner and obtained a good photograph of Sheridan. It

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<v Speaker 1>was immediately copied and appeared throughout the world. Sheridan finally

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<v Speaker 1>came to see his relatives. All crooks finally may be found,

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<v Speaker 1>seeking association of other humans, those closest to them. The

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<v Speaker 1>Pinkertons made no mistake of seizing him there, but instead

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<v Speaker 1>followed him with a close shadow as it is called,

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<v Speaker 1>and arrested him in Sandusky, Ohio. En route to Chicago.

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<v Speaker 1>He made a most desperate effort to escape, and was

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<v Speaker 1>nearly successful. So many criminals are nearly successful. But he

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<v Speaker 1>had to face trial again, and although his legal defense

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<v Speaker 1>is said to have cost him better than twenty thousand dollars,

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<v Speaker 1>it was evident during the trial that he was plainly guilty.

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<v Speaker 1>Then astute counsel commenced the technical moves that remained today

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<v Speaker 1>the sh shame of our national courts. Those very things

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<v Speaker 1>originally created for the protection of the innocent were twisted

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<v Speaker 1>by conscienceless counsel to benefit the guilty prisoner. The cleverness

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<v Speaker 1>of this technical misuse of the technicalities of the law

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<v Speaker 1>freed Sheridan. He became cock sure, went east and became

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<v Speaker 1>the moving spirit in a series of criminal operations that

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<v Speaker 1>at that time were outstanding in the history of crime.

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<v Speaker 1>Gigantic and daring depredations. Realized loot easily worth three hundred

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<v Speaker 1>thousand dollars in the robbery of the Fall City Tobacco Bank.

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<v Speaker 1>Shortly after this, failing to be convicted, Sheridan saw fit

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<v Speaker 1>to set up his standing in the social scale. He

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<v Speaker 1>maintained a great show of respectability, spending much time and

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<v Speaker 1>money on the cultivation of refined, cultured, and intellectual friends

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<v Speaker 1>and associates of unquestioned standing. It seemed on the surface,

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<v Speaker 1>having accumulated his fortune by crooked schemes, he now sought

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<v Speaker 1>to live out his life an honest man. But such

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<v Speaker 1>concludesions were unaffected by the currents that ran fire below

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<v Speaker 1>the surface. In fact, he was planning even greater schemes

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<v Speaker 1>than ever. Forgery of dazzling quantities of securities was his plan,

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<v Speaker 1>and he executed it with the same daring and colossal

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<v Speaker 1>cleverness that had marked his entire career. Appearing as one

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<v Speaker 1>Ralston from sunny California, he bought a membership in the

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<v Speaker 1>Old Produce Exchange of New York and speculated heavily in grain.

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<v Speaker 1>While this was part of his front for his newest brainchild,

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<v Speaker 1>he maintained a secret headquarters, a brokeish office on Broadway.

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<v Speaker 1>By these operations he established the man Ralston as one

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<v Speaker 1>of integrity, considerable wealth, and wide operations in grain futures.

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<v Speaker 1>All his obligations were paid promptly and in cash. This

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<v Speaker 1>built him up as a large operator. Having thus created

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<v Speaker 1>confidence upon a large scale, he set and motioned the

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<v Speaker 1>real purpose of his plot. He arranged matters so that

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<v Speaker 1>he might become acquainted with the president of the New

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<v Speaker 1>York Indemnity Company. Weeks of time and much cash was

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<v Speaker 1>spent to in gratiate himself in the confidence of that

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<v Speaker 1>honest man. Finally, Sheridan alias Ralston moved and swiftly he

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<v Speaker 1>confided to his new friend his wish to purchase some

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<v Speaker 1>real estate. For the purchase, he needed cash to get it.

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<v Speaker 1>He would be happy to put up one hundred and

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<v Speaker 1>twenty five thousand dollars in gild Edge Railroad bonds for

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<v Speaker 1>a cash loan of some forty five thousand dollars. The

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<v Speaker 1>deal was easily consummated, for the bonds appeared genuine and.

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<v Speaker 2>Were eagerly accepted. This was the first move.

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<v Speaker 1>Others quickly followed according to plan. When all the loans

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<v Speaker 1>made in all ways and by all the confederates in

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<v Speaker 1>the plot had been made, it was finally discovered that

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<v Speaker 1>the bonds were forgeries, marvelous ones, but forgeries. Nonetheless, Wall

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<v Speaker 1>Street Brokers, various companies and institutions had been victimized to

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<v Speaker 1>a total that was said to have netted Sheridan alias

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<v Speaker 1>Ralston close to a cool million in genuine money. So

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<v Speaker 1>carefully had the swindled been perpetrated, that Sheridan had cashed in,

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<v Speaker 1>divided the loots, separated his gang and himself across the Atlantic,

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<v Speaker 1>with all of his genuine assets turned into.

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<v Speaker 2>Cash before the discovery of forgery.

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<v Speaker 1>And swindle was made. It was during this visit to

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<v Speaker 1>Europe that it had been claimed he created and perhaps

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<v Speaker 1>engineered the Great Bank of England swindle for which others

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<v Speaker 1>were convicted. It is definitely known, however, that while abroad

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<v Speaker 1>he successfully distributed another two hundred thousand dollars of the

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<v Speaker 1>forged railroad securities. The furore aroused by his monumental nerve

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<v Speaker 1>and the astounding success of his New York swindle could

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<v Speaker 1>beat uselessly against the shores of England for extradition. For

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<v Speaker 1>his particular offence had then not yet been covered by treaty,

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<v Speaker 1>so he was immune to follow his criminal operations there

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<v Speaker 1>in Europe. Having rid himself of this latest threat, as

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<v Speaker 1>has been said, he cleaned up another fortune there that

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<v Speaker 1>was an error. It left him no sanctuary in which

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<v Speaker 1>a man of his preferences might live beyond the reach

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<v Speaker 1>of the long arm of the law. Scotland Yard became

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<v Speaker 1>unostentatiously interested in him. He keen enough sensed that fact

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<v Speaker 1>and made the error that was to break him. He

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<v Speaker 1>returned to the United States, but he returned as sheredon

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<v Speaker 1>the master swindler might be expected to return. He was unheralded,

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<v Speaker 1>arrived on an unknown freighter carrying but six passengers, and

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<v Speaker 1>entered through a little known port. He turned up in

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<v Speaker 1>Denver as mister Walter A Stewart, a man of considerable wealth,

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<v Speaker 1>noticeable refinement, and remarkable business acumen. He branched out in business,

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<v Speaker 1>and it was a good one. Legitimate strains to say

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<v Speaker 1>in passing. It is not amiss to note here that

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<v Speaker 1>in honest endeavor he was highly successful. Yet clever as

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<v Speaker 1>he was, he never had thought of the sound sense

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<v Speaker 1>from the outset of confining his genius to honorable effort,

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<v Speaker 1>and thus avoiding the hounding of the law. This latest

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<v Speaker 1>and only honest.

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<v Speaker 2>Effort was as a wholesale florist.

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<v Speaker 1>And landscape gardener. His profits mounted. Then he organized a

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<v Speaker 1>bank of his own. It too was honorably officered and directed.

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<v Speaker 1>He had seen to that he had no accomplices. But

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<v Speaker 1>again the mania to be crooked obsesseding he entered upon

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<v Speaker 1>a wild orgy of speculation, and by a slow process

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<v Speaker 1>his personal funds were rapidly depleted. But the arm of

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<v Speaker 1>efficient law enforcement is long and reaches out into strange

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<v Speaker 1>places to snatch up the cleverest. So it was to

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<v Speaker 1>be with Sheridan alias Ralston alias Walter A.

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<v Speaker 2>Stewart. His heavy commitments in the New York market during.

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<v Speaker 1>The process of his speculative spree in mining stocks, probably

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<v Speaker 1>induced by his Denver associations, marked him as worthy of investigation.

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<v Speaker 1>Keen detective brains had for some time been tracing his past.

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<v Speaker 1>He was closely watched. Finally he did as all others

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<v Speaker 1>before him who gamble had done. He faced the need

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<v Speaker 1>for collateral he did not have. His past success in

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<v Speaker 1>forging was the peg upon which he hung his.

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<v Speaker 2>Latest coke of hopes.

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<v Speaker 1>He offered hurriedly forged security as his collateral for loans

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<v Speaker 1>with which to bolster his market deals. Those securities were

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<v Speaker 1>carefully scrutinized, bound to be forgeries, and he was arrested.

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<v Speaker 1>The rest was easy. He was immediately identified as the

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<v Speaker 1>Ralston of the railroad security forgery of some time. The

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<v Speaker 1>four convicted and served his time. The Star of his

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<v Speaker 1>masterly success was on the decline, For fate was dealing

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<v Speaker 1>the losing hands that fall to the lot of the

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<v Speaker 1>criminally inclined. Upon his release, he foolishly resorted to plain robbery,

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<v Speaker 1>which was not his forte. He was convicted for the

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<v Speaker 1>theft of a tray of unset diamonds. He served time

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<v Speaker 1>for that, and while incarcerated, he heard of a counterfeiter

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<v Speaker 1>of considerable reputation who would be free at about the

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<v Speaker 1>time of his release. So he hunted him up, formed

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<v Speaker 1>an alliance there, and in no time at all was

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<v Speaker 1>seized by officers of the United States Secret Service. Possession

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<v Speaker 1>of counterfeit currency was the charge. Again, he was sentenced,

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<v Speaker 1>and this time to a federal prison. Twice after his

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<v Speaker 1>release he was apprehended, each time guilty of some lesser crime.

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<v Speaker 1>In the gamut. He had run, each time more easily convicted. Sheridan,

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<v Speaker 1>the master swindler, had gone the way of all the

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<v Speaker 1>beasts of the jungle. He had been consumed by the

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<v Speaker 1>fever of greed and easy min the same fever that

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<v Speaker 1>strikes down finally those strange denizens who prefer the threatened

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<v Speaker 1>certain death of a life of crime to a normal existence.

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<v Speaker 1>He died a pauper, unattended, and his body was placed

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<v Speaker 1>in a pauper's grave. And now, my friends, for a

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<v Speaker 1>personal message. If you have a problem, something that's worrying you,

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<v Speaker 1>no matter what, whether it has to do with crime

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<v Speaker 1>or not, makes no difference, trust me, write me in

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<v Speaker 1>confidence at my home town, Laguna Beach. I'll spell it

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<v Speaker 1>for you l A g U n A, Laguna Beach, California.

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<v Speaker 1>Write me there, mark it confidential, and I'll do my

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<v Speaker 1>best to help you.

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<v Speaker 2>Well.

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<v Speaker 1>The hand on the face of that clock racing round again,

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<v Speaker 1>and I'm sorry. Adios till next time.
