Vermont farmer. [volume] (Newport, Orleans County, Vt.) 1870-1877, 1875-11-12
Traps for the Unwarv


There are 10 many bats offered, and of.
fered successfully by city sharpers, to draw
people into "iuvestments" which shall prove
all loss to one party and all gain to the other,
that L hardly know which to speak Of FIRST.
but l will take one that comes with good
sounding name and claims to DO the ne plus
ultra of excellence in business Investments
the Industrial Exhibition Co." of New
York.
This must be very worthy institution.
First it must be poor peoples institution.
they will be poor after patronizing it, If
they are not now, for the very name "indus.
trial" shows It to belong to the working
classes Beyond that it is simply au "exhibi.
ton company" sort Of fair, perhaps--any.
way it promises fair, as we shall see.
Their advertisement in many papers com.
mences by telling us that "6ve dollars will
purchase fraction (one.tenth) of an indus
trial exhibition bond, which is certain to
draw one of the following prizes ten of
$4,000 each, ten Of 1000 each, and so on
down till the last named is 1000 prizes of
S210 each. 1.-The lowest premium IA
S2l0.' This is a chance for gain and no
chance for loss" That is, you have chance
to put in FIVE dollars and If the company is
honest enough to do as they agree, you will
get back S2l0, and possibly more we will
look at that possibility again. by-snd.by.
Let us read again The bonds issued by
the Industrial Exhibition Co are copy Of
the European government loans" don't
see the object of inserting that paragraph
without it is to make some countryman with
more gullibility than honesty imagine he can
make these bonds serviceable on account Of
their resemblance to the European govern
ment loans. "People Of small means can
lind no better or safer Investment" How
many poor people who have labored hard to
get five dollars, and who need tho worth Of
it in clothing, will be fooled into making this
"investnent." If there we're not a good
many, the company would never spend the
enormous amount they do in advertising their
enterprise all through the land. 1t is really
astonishing that these benevolent New
Workers should be at 50 much trouble to
drum up customers to whom to give $500
prizes with mo chance of loss" But we
have not yet reached the richest part of the
story. The funds raised by the sale Of
these bonds will be applied to the erection OF
a crystal palace, which every American will
be proud Of" SO they are not only going
to give away these rich prizes, but even the
paltry five dollars which they take from the
poor man is to be generously applied to the
building Of a "crystaI palace" Who is to
occupy this palace, or what it is to built for,
we are not informed. Certainly il won't be-
Chas A. Dana, nor 4. H. Hoskius, nor Sam
Bowles, who are to occupy this palace, for
in selecting tenant for glass house we
must seek some one not addicted 10 throwing
stones. But let that pass. The crystal
palace is to be built, and every American is
to be made proud.
THE Industrial Exhibition is legitimate
enterprise chartered by the state Of New
York" That point, then, is settled for the
government Of the state Of New York il
everywhere known as the abode Of purity
incorruptibility and honesty--iu 4 horn.
This enterprise is simply new form Of
bond in no sense is it to be regarded as n
lottery" OF course not, you buy your
ticket in the hope Of getting a $4,000 prize
for So. Then there is 4 drawing, and the
prizes are distributed and IF the company
does not "bust" before that time) you get 4
prize of s2.10. And the proceeds are 70 be
devoted to some worthy object. There is
nothing like a lottery in all this--O no
indeed 1t is ''simply new form Of bond.
But here is the richest point of all
ANY one obtaining a premium, the com
pany pledges itself not to make public.
Aud Ill warrant they have kept that par
OF their agreement so faithfully that nobody
has ever been ablo to learn of single soul
outside of the company, who had drawn any
of these $1,000 or $4,000 prizes. No
because they don't exist; o, no Blu
because the company is so honest. AnC
then, people who have suddenly become rich
are always so bashful about letting it b,
known, you know. WM II. WHEELER.
Mauch Chunk, Pa, Nop u, 1878.