Albert James Adams (May 22, 1845 – October 1, 1906), known as "The Policy King" and the "Meanest Man in New York," was an American racketeer. He ran the numbers game in New York City from around 1890 to around 1905.
Life
He was born in Massachusetts and lived in Rhode Island before he moved to New York City in 1871 as a brakeman for the railroad. He married Isabella (1840-?) and had six children: Albert J. Adams Jr. (1870-?); Lawrence Adams (1874-?); Louis Adams (1875-?); Walter C. Adams (1877-?); Evelyn Adams (1879-?) aka Eveline Adams, who married a Napoleon; and Ida Adams (1874-?) or Claudia P. Adams. In 1880 he was living at 236 West 38th Street in Manhattan and he listed himself as a "segar dealer".
He was named by the Lexow Committee, and was replaced by Peter H. Matthews when he retired. The anonymous testifier at the Lexow Committee in 1894 said: "[the principal policy backers in this city are] Al Adams. 'Jake' Shipsey, Cornelius B. Parker, 'Billy' Myers, 'Ed' Hogan, [and] Charles Lindauer. ...Al has the most ... sheets, and he is the biggest man, and has the most money, and has the biggest pile. ... He is called the king of the policy dealers. ... Al Adams has from Fourteenth street up on the west side mostly." After a 1901 raid on his gambling operation by F. Norton Goddard, the police estimated that he was making more than $1 million a year, and after his conviction in 1903 it was revealed that he had been allowed to stay at the Waldorf-Astoria until he was sentenced. He was sentenced on April 21, 1903, to "not less than a year and not more than one year and nine months" in Sing-Sing.
Adams had several legitimate business ventures as well. He owned several corner lots, capitalizing on the real-estate through the establishment of saloons. He was also President of the Amalgamated Goldmines Company, whose holdings included a mine in Guanajuato, Mexico.[3]
He committed suicide at the Ansonia Hotel in 1906 after losing several million dollars by investing in a business venture with his eldest son. The funeral was held at 471 West End, he was 61 years old.[4][5] His death did not end the policy racket in New York City.[6]
^Albert, Adams (October 8, 1905). ""Al" Adams Has Quit. Says He's Dropped Policy Forever and Would Forget Past Troubles"(PDF). The New York Times. Retrieved 2008-07-23. To the editor of The New York Times: My attention has been called to the fact that my name has been extensively coupled with the recent policy raids in Brooklyn. I wish to ask your indulgence in denying the truth of such allegations. Let me say once and for all time, I am absolutely and forever out of politics, gambling policy and all kinds of lotteries.