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Show I MAKES A CLEAN UP 1 J. Grant Lyman Now Wanted 1 on New Charge by Fed- U eral Authorities. i Now York, Feb. 11. "Dr." J. Grant I Lyman, wbo is being sought by the federal authorities here on a charge of swindling investors In mining stocks out of $300,000 or $400,000 by I illegal use of tho mails under the ( I name of John H. Putman, has been engaged in German propaganda, ac- cording to a statement made tonight I by postoffice inspectors. It is charged that he has been supplying men prom-I prom-I lnent in governmental circles in Ber- ' I lln with, information obtained from I the wife of an English army officer I said to be a member of the British i I general staff serving in France. 1 l Lyman, the authorities say, met I the British officer's wife in London, ! where he went after being convicted W in Los Angeles In 1914 for mall swin- dies and jumping his ball. It is as- serted that she came with him to this country, but leturned some time ago. Member of Stock Exchange. Lyman, it also developed tonight, was once a member of the New York , stock exchange. He was forced to sell bis seat, it was said, because ho engaged in the promotion of ques- tlonable enterprises, Including zinc mines, and the governors of the exchange ex-change feared his operations would cause a scandal. Tho authorities say Lyman's profits under tho name of John H. Putman during his recent brief operations in this city were small as compared with sums obtained in other parts of the country. Aside from cleaning up a fortune on Panama land development frauds, for which he was convicted In California, Lyman Is credited with having made $300,000 through his connection con-nection a few years ago with mining promotions. Tufts on Trail. Gorham Tfffts of Los Angeles, who was one of Lyman's bondsmen when the swindler was convicted in the western city two years ago, has been on tho fugitive's trail for six months. Tufts, who has beon in New York since last September vainly trying to locate Lyman, said tonight he had spent more than $5000 for private detectives. de-tectives. Although Lyman was doing a thriving business In this city, the detectives reported, according to Tufts, he probably was in Europe Tufts said be did not know of Lyman's Ly-man's connectiqn with Putman & Co. until tho concern collapsed yesterday. Destroyed Books. It is believed that Lyman sailed for Europe on the steamer Baltic yesterday, yester-day, and the police of Liverpool, the vessel's fist stop, have been asked by cable to look for htm. The receiver appointed for Putman & Co. says that before leaving New York Lyman destroyed de-stroyed tbe books of the firm and took whatever assets he could find. Lyman is about 65 years old Ho first came to this city In 1SS8 and studied medicine. A few years later he attracted attention by announcing the Invention of a gold ear drum, with the aid of which, he claimed, the deaf could hear. Next he was heard of in Chicago, but returned here and established es-tablished bimself as a bioker. He apparently ap-parently had little difficulty in passing pass-ing as a person of more than usual consequence In the world of finance. In 1901 he became a member of the stock brokerage firm of Joshua Brown & Co. on lower Broadway. Putnam & Co., which began business busi-ness here on December 15 last, engaged en-gaged in the sale of oil company stocks on the partial payment plan, promising returns of 50-per cent to Investors, In-vestors, all over tho country, according accord-ing to the postoffice authorities. In- esters who could not pay cash are said to have been required to deposit collateral. |