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1001 Heroes, Legends, Histories & Mysteries Podcast

DUTCH SCHULTZ'S CATSKILL TREASURE

1001 Heroes, Legends, Histories & Mysteries Podcast

Jon Hagadorn

Society & Culture, History

4.41.7K Ratings

🗓️ 24 February 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

New York's Catskill Mountains have long been the place where legends abound. When gangster Dutch Schultz needed a safe place to bury a steel safe with gold, diamonds,and bonds valuing over $150 million, he and his driver Lulu Rosencrantz headed for the little town of Phoenicia, and finding a good spot next to Esopus Creek- that's where he left it. Soon after, he and Lulu were killed in a hit ordered by Lucky Luciano. But a police stenographer was with Dutch as he was dying, and his last words sounded pretty convincing. By the way, if I sound a little out of breath I have good reason. The voice is coming back soon. Support our show and checkout www.simplisafe.com/1001! Only 14.99/mo- no long contracts-no tools required. This is a great product- highly reviewed (40,000 Amazon reviews)- we recommend it. NEW Enjoy 1001 Greatest Love Stories on Apple Devices here: https://podcasts.apple.com/us/podcast/1001-greatest-love-stories/id1485751552 Enjoy 1001 Greatest Love Stories on Android devices here: ​​https://www.stitcher.com/s?fid=479022&refid=stpr. Get all of our shows at one website: www.1001storiespodcast.com HERE: (main website all 1001 shows) https://www.1001storiespodcast.com or HERE: at Google Play: https://play.google.com/music/listen?u=0#/ps/Iwdojx2zx4jj2xj25fwupwrdcxq or HERE at Apple Podcasts https://podcasts.apple.com/us/podcast/1001-history-challenge/id1482436263 CALLING ALL FANS.. REVIEWS NEEDED FOR NEW SHOWS! REVIEWS NEEDED FOR NEW SHOWS! A SECOND NEW SHOW AT 1001- 1001 HISTORY'S BEST STORYTELLERS- OUR INTERVIEWS WITH SOME OF TODAY'S BEST HISTORY AUTHORS ...LINKS BELOW... all shows available at www.1001storiespodcast.com The Apple Podcast Link for 1001 History's Best Storytellers: https://podcasts.apple.com/us/podcast/1001-historys-best-storytellers/id1483649026 The Stitcher.com link for 1001 History's Best Storytellers is:: ​​https://www.stitcher.com/s?fid=474955&refid=stpr. SUPPORT OUR SHOW BY BECOMING A PATRON! www.patreon.com/1001storiesnetwork. Its time I started asking for support! Thank you. Its a few dollars a month OR a one time. (Any amount is appreciated). YOUR REVIEWS AND SUBSCRIPTIONS AT APPLE/ITUNES AND ALL ANDROID HOSTS ARE NEEDED AND APPRECIATED! LINKS BELOW... Open these links to enjoy our shows! APPLE USERS Catch 1001 RADIO DAYS now at Apple iTunes! https://itunes.apple.com/us/podcast/1001-radio-days/id1405045413?mt=2 Catch 1001 Heroes on any Apple Device here (Free): https://podcasts.apple.com/us/podcast/1001-heroes-legends-histories-mysteries-podcast/id956154836?mt=2 Catch 1001 CLASSIC SHORT STORIES at iTunes/apple Podcast App Now: https://podcasts.apple.com/us/podcast/1001-classic-short-stories-tales/id1078098622 Catch 1001 Stories for the Road at iTunes/Apple Podcast now: https://podcasts.apple.com/us/podcast/1001-stories-for-the-road/id1227478901 ANDROID USERS- 1001 Radio Days right here at Player.fm FREE: https://player.fm/series/1001-radio-days 1001 Classic Short Stories & Tales:https://castbox.fm/channel/1001-Classic-Short-Stories-%26-Tales-id1323543?country=us 1001 Heroes, Legends, Histories & Mysteries: https://castbox.fm/channel/1001-Heroes%2C-Legends%2C-Histories-%26-Mysteries-Podcast-id1323418?country=us 1001 Stories for the Road:https://castbox.fm/channel/1001-Stories-For-The-Road-id1324757?country=us Catch ALL of our shows at one place by going to www.1001storiesnetwork.com- our home website with Megaphon Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

The Oh, Welcome back everyone to 1,000 heroes, legends, histories, and mysteries. And a legend that refuses to go away, the treasure of Dutch

0:36.7

Schultz, a New York City mobster who is by anyone's standards as bad as they come. He was a bootlegger, a cold-blooded murderer, and he lived and died by the bullet.

0:48.1

By the time he was shot down while having dinner at the palace chophouse and tavern in Newark, New Jersey by a rival mob outfit named

0:55.6

Murder Incorporated in 1935. He had amassed off fortune in lute, mostly profits from both bootleg

1:02.4

liquor sales and a restaurant protection

1:04.7

ring that forced restaurant owners to hand over thousands to avoid being beaten, killed,

1:09.7

or having their businesses burned down around them. Back in those days mobsters couldn't

1:14.3

trust any banks and Swiss banks hadn't become popular yet. So criminals kept their

1:19.5

cash well hidden, literally in steel safes.

1:24.0

Legend has it that when Schultz felt the walls closing in around him,

1:27.6

he and his most trusted sidekick, Bernard Lulu Rosenkrantz,

1:32.2

loaded a specially built, air and watertight safe containing 7 million in

1:37.0

cash and bonds, the equivalent of $130 million today, and headed toward the Catskills to bury it. The Catskills are a

1:45.3

chain of ancient mountains located about a hundred miles north northwest of

1:48.9

New York City. It wasn't all of Schultz's money because he would be using a bunch of money soon to pay off his lawyers

1:55.1

who would be getting him an acquittal which would put him back out on the streets again

1:59.0

but it was a big sum worth millions that the feds would never find should the worst happen.

2:05.4

Why the cat skills?

2:07.1

Would it?

2:08.1

Barely traveled, remote.

2:10.1

And there was a little hotel and restaurant there with owners that didn't ask any questions when guys wearing fadores and driving expensive cars stopped by for a quiet getaway.

2:20.0

As legend goes, when they reached the tiny hamlet of Phoenicia, about 22 miles north of Kingston

...

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