St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1880-01-30

| SuOWluS Il prOuG Oh HSOU per c6nU. IOr the
week. In the following % days sever
al statements came to hand, every one
of which reported loss. At the end
of 30 days the last statement was re-
ceived, giving me to understand that
not only the profits but the original in
vestment was lost. There is not the
first particle of doubt that these state
ments from first to last were "pure fic-
tion," not word OF truth in them
Accompanying the last statement was
letter saying: "We regret to state
that the capitalization in which your
investment was placed has made loss.
1t is an exceptional instance in our his
tory. We can see no way for you but
to renew your margin, as we are very
confident of bringing you out with sat
isfactOry profits, as failure with us is
very rare and success is almost certain"
Yes, success" is not only "almost,"
but altogether Certain" 1t is just
about certain that they will keep every
dollar that is sent them.
In Adams, Brown & Co.'s pamphlet
of December %, 1879, page |, they say:
occasionally our editorial attention is
demanded by correspondents who
press their opportunities upon us to
give them the names and addresses of
the parties mentioned in these columns
in instances where handsome profits
have been realized-n here they give
some fiimsy reason for the nonappear-
ance of any name, and then say in the
same article, "those who deal with us
can speak from experience, and we
challenge their opinion" The writer
of this accepts their challenge. Having
mad "deal" with them he can speak
from Experience ;" and will give his
opinion as follows: That the firm of
Adams, Brown & Co., 26 and % Broad
street, New York, are swindlers by
profession, that their business is get
ting money in seductive, misrepre-
senting, deceiving manner; that they
are dishonest fIOm head to foot; that
there is not honest soil enough on their
heads for one hair to germinate and
grow that they have no moral stand
ing, are deserving of no confidence
whatever, and ought to be shown up.
This opinion is given in reply to their
challenge for an ''opinion." 1t would
be well for all papers to copy this it
may save many honest men losing their
hard-earned dollars. II. II.
Lee, January Z, 1880.
To the Editor of the Republican =
| want to call your attention to one
thing. You claim to be trying to ben
eft the people, not sanctioning any
known wrong at the same time you
are advertising for the biggest swindle
that ever disgraced the earth. l refer
to Baxter g. Co. A friend of mine saw
their card last winter, and sent them
$50 to invest. They claimed to invest
in c. and N. W., which rose rapidly.
In few days they wrote that they had
sold at large advance and had bought
200 shares, requesting him to send on
S67.50 more. This he did, telling them
not to reinvest. In a few days they
sold again at an advance, requesting
SS7 to be sent at once, OF they would
lose all, and if paid would be a big
thing. This man had spent all his
money and came to me. In haste,
without investigating, l sent the mon
ey, knowing the stock was advancing,
as it continued to do, and when the
time expired it amounted to about
$1,000. They then wrote they had sold
and had bought 1000 shares, and want
ed Sll2.5O sent at once to complete the
purchase. l sent a man there by next
train. Consultation with such men as
Field & Jaynes revealed the fact that
b. u Co. were only swindlers. They
IF. q J.) advised him what to do, and
helped him all they could. He found
they were not members of the stock
exchange, nor could they be, and that
under no circumstances could ANYTHING
be collected. If so, we could have
brought them up to Salem, only 10
miles from here to court. He then, by
bribing the door keeper, got into their
office, and says had he had his revolver
there the firm would have been dissolv-
ed. Baxter claimed he would remit
the next week, but no more was ever
heard. He claimed to have bought q
''calF' for 1000 shares at Sc 0 Think
and in one week they advanced to IS
or &, so that had B. & Co. not been
thieves, the profits would have been
enormous. Now you and nearly every
other paper are advertising for them.
and, seeing it in such papers as the
Republican, furnishes plenty of s'lambsn
for them. In last weeks you exposed
Lawrence & Co., and | know of one
man they did send $50 to. B. g. Co.
| think never remitted to anybody.
You ought to fill your columns with it,
and by so doing you can save money
for many ''innocents." K.
Dorset, Vt, Jan. 6, 1880.
1t comes out that Iowa butter is laid