jack7
Major
Der Führer
Posts: 1,920
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Post by jack7 on Dec 16, 2014 16:19:02 GMT -5
Why did Lindbergh, Breckenridge and Condon together agree to put the ad in the paper "Money is Ready" when it wasn't ready?
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Post by Michael on Dec 16, 2014 20:24:34 GMT -5
Why did Lindbergh, Breckenridge and Condon together agree to put the ad in the paper "Money is Ready" when it wasn't ready? The N.Y. American Ad ran from March 11 to March 16th. They did have money ready during this time it just hadn't been "recorded" and in fact, the recording did not take place until March 22nd. But that only happened because of the ultimatum made by the Treasury Agents. Prior to this date, Lindbergh had no intention of paying ransom with recorded serial numbers and planned on making payment from the money he had assembled at that time.
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Deleted
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Post by Deleted on Dec 17, 2014 10:09:02 GMT -5
If I am understanding what I have read correctly, the second ransom note(the first mailed one)is received in the Hopewell house mail the morning of March 5. The ransom is raised to $70,000 from $50,000 in this note. Colonel Breckinridge is in NY that Saturday. Rosner sees this second note and with a police escort takes the letter to NY. F.D. Bartow assembles the $70,000 at J.P. Morgan Company. That $70,000 is brought down to the Hopewell house the afternoon of March 5(Saturday) by police escort. This is all clean money.
Does this $70,000 remain at the Hopewell house waiting for delivery instructions? Or does it make its way into a bank account somewhere and when?
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Post by hurtelable on Dec 17, 2014 15:30:12 GMT -5
Amy, you are correct that the second ransom note is received at Hopewell on that Saturday (pretty good mail delivery back then, compared to today). But what is your source for the $70,000 being assembled on the same day (March 5) and being delivered to Lindbergh at Hopewell on the very same day? And what do you mean when you call it "clean money"?
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Deleted
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Post by Deleted on Dec 17, 2014 20:01:31 GMT -5
Amy, you are correct that the second ransom note is received at Hopewell on that Saturday (pretty good mail delivery back then, compared to today). But what is your source for the $70,000 being assembled on the same day (March 5) and being delivered to Lindbergh at Hopewell on the very same day? And what do you mean when you call it "clean money"? My source for this information is Lloyd Gardner's book, The Case That Never Dies, pages 46 and 47. When that ransom note arrived March 5, Rosner took it up to New York where Breckinridge was so he could see it. All the above information is on those two pages. When I say clean money, it is money that is not marked, taken from the same serial number series or having recorded serial numbers. Whoever would receive this ransom money would be able to spend it without fear of being apprehended. As Michael had said in his earlier post, that is the way Lindbergh intended to pay the ransom. I agree with you about how quick the mail moved back then. That ransom note was postmarked 9 p.m. March 4, and was at Lindbergh's Hopewell house in the a.m. of March 5. Very fast, indeed!
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Post by Michael on Dec 18, 2014 19:24:32 GMT -5
Does this $70,000 remain at the Hopewell house waiting for delivery instructions? Or does it make its way into a bank account somewhere and when? On March 14th, the $50,000 in question was re-deposited into the First National Bank of New York. It had been replaced by "fit bills" obtained on March 12th from the First National Bank. The $20,000 obtained on March 5th from the Federal Reserve Bank was "lodged" at the Corn Exchange Bank & Trust Co. (Fordham Branch) sometime before the 12th.
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Deleted
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Post by Deleted on Dec 20, 2014 9:51:44 GMT -5
Does this $70,000 remain at the Hopewell house waiting for delivery instructions? Or does it make its way into a bank account somewhere and when? On March 14th, the $50,000 in question was re-deposited into the First National Bank of New York. It had been replaced by "fit bills" obtained on March 12th from the First National Bank. The $20,000 obtained on March 5th from the Federal Reserve Bank was "lodged" at the Corn Exchange Bank & Trust Co. (Fordham Branch) sometime before the 12th. So, Michael, what are "fit" bills? To be clear, according to what Gardner wrote in his book, did F.D. Bartow bring $50,000, 70,000 or just $20,000 to Hopewell on March 5th? When the March 5th ransom note was answered by Rosner in the newspapers, he stated in that answer that they (Lindberghs) had been ready since March 5th to pay the ransom.
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Post by Michael on Dec 20, 2014 11:06:18 GMT -5
So, Michael, what are "fit" bills? To be clear, according to what Gardner wrote in his book, did F.D. Bartow bring $50,000, 70,000 or just $20,000 to Hopewell on March 5th? When the March 5th ransom note was answered by Rosner in the newspapers, he stated in that answer that they (Lindberghs) had been ready since March 5th to pay the ransom. The term "fit bills" is something I've only seen here and I've taken it to mean used but in good shape. It could mean something else because I've learned there are so many things said that we no longer say now. "Forenoon", for example, and I've never understood why we've gotten away from that. "Motored" instead of "drive," and "machine" instead of "car." Anyway, before I get sidetracked ... Lloyd's source for this is Rosner's manuscript which I consider correct. He doesn't say the amount. The FBI Reports I've been relying on don't discuss the money being moved to Hopewell - only about the Banks and J. P. Morgan. It does say the extra $20K was taken out after banking hours on the 5th which might actually mean the 6th, I don't know, but my guess is that only $50K made it to Hopewell in the event Lloyd writes about.
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