Shanghai, Apr. 23.
Joseph Lenin, charged with fraud and making the commission of fraud 12 profession, made a statement to the First Special District Court yester~ day afternoon, denying all the charges. 5 His dealings with the British broker, a complainant in the case, and the Tatter's friend, also a broker, were purely. commercial. Together with Mons Levitsky, another accused, they had business on the stock exchange together several times, Tonin said.
The broker's friend, according to Tonin, pala $300 monthly to some cable delivery boys, who had thus showed the friend telegrams several hours before they were delivered to a savings bank at 9 am. every day, One of the telegrams gave a "tip of the expected recovery of the shares of a certain factory in Bel-glum, Tonin said. They then decided fo purchase £60,000 worth of shares of this factory. The order was placed with the Guarantee Trust Ca. of New York in the name of Pirogoft, The factory" became inquisitive and the business was finally dropped, he said.
Questioned by the Judge, Levitsky said they had dealings on the stock exchange in gold and silver and he Was merely an employee.
The hearing was adjourned until next Tuesday.
Text read from the printed page and cleaned; old type leaves the occasional error.