Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-08-20
WAYS TO GET RICH
Shrewd Schemes Of inventive
Geniuses
TO PROFIT BY The GREAT FAIR
Aaisr Handy and Ills Pull VITA the
Ns~sPaper Of the
Windy City.


CIHcAgo, Aug. I9.-Ths number OF
worlds far schemes that are beng
worked lust nov would appal the aver
age person WHO dossn't learn of taem
BY degrees. 20 give only partial list
OF them would lake al the space of al
ordinary newspaper. some are unique,
some g0Od-and none Of them seem 10
have any money back of them. As
Ar. Wasnourn says of option trading
on the boards or trade, Il Is largely IN
wind transactions that they deal. They
include every possible kind of enter
PRISE from plotting visitors around the
exposition grounds 20 supplying them
vita medailions, guides and boarding
places.
The temerity OF the Chicago man
stops at nothing. Ills self-eonddence
i capable OF tackling anything, It
makes no difference what is size. He
knows no suca word as fail until be has
gone 70 the wall. ant even then be
does not remain beside that imaginary
barrier any longer tnan the period nee
essary TO transact the business required
az him when ne i of and away and
reappcars immediately WITH something
bigger Which VIII pay better. IL is lit
tie less than Astonishing when one
happens % be on mission which
recalls 10 hIm the extraordinary
methods 90 which thousands OF men
weildFess u aud apparently prosperous
are forced by stress Of c'rcumstances
20 resort. IN cities # .es- than a mil
lion people u does not long remain Il
secret what a man u driving AT for a
LIVING. Bat ln Chicago as n New York
u vii baIiie any but the most Observant
and persistent 10 discover the sources
OF revenue OF thousands who have
Offices or desks IN the Big buildings
down town. They have no Signs which
proclaim their calling. \ desk with
their name on 10, q typewriter. letter
press and cabinet fise with n rug and
Office chairs are their sole capital.
They ara IN and ont never busy appar-
emily yet always occupied, while people
come and 90 speak NC but 8 few
minutes N conversation aud putting
OF somewhere else.
u~I schemer.
have in mud one man who il out
of his office one-third of the day the
other twO-thirds find him seated COM
fOrtably az Ms desk for hours musing
and reading the papers ard at inter-
walls chatting for 4 minute at q time
with a caller have knOTn him for
two years and beyond a vague impress
SION that ne used the newspapers for
pointers OF some sort probably not the
best sort at that, haven't the slightest
idea what his business -. He does rot
invite condolences and all that Is
evident g that ne lives well and sLeEds
money freely.
There is one big Office building IN
Chicago owned ~ Judge Altgeld, the
democratic nominee for governor,
where the majority of the tenants live
by their wits alone. There are some
men IN business there who do legiti-
mate work, but there are aso hun
Greds who fleece the unwarv t.y real
estate schemes and building. loan and
security swintles and uss the good
name OF the Unity building rs a cloak
% cover nefarOus transactions.
week ago a TITO of Young men, one of
whom bad been a s9orting reporter on
one OF the morning papers, departed
from the building So. 600 to the good,
while several hundred ordinary people
VINO invested from 81 TO S25 IN a secur-
ity scheme sougnt the police for salts
ton but didn't get II.
uas Plenty of Nerve.
The most "ncrvy" worlds Fair
scheme l have encountered is that be-
ing successfully engineered by a La
sale street man, VINO conducts small
but profitable private bank. lie in
corporatsd q hotel company at y capi.
tai OF $500 900. No actual money has
ever been paid in bv the stOckh lders.
Tie got together by persistent work ten
travelling men who subscribed for
81 900 worth OF the stock each, the
stock 70 Re paid tor not in money but
IN work. They nave been putting in
the work ever since q was decided that
chicago c0Ild have the far. II
consists IN getting their customers
and others - sign contract
o. stop a certain number OF DAYS dur
ing the far az this hotel. The price IA
81 per night. The person signing the
contract pays hall row and the balance
when he settles his b p 10 1898.
The activity OF the ten travelling men
supplemented b the efforts Of the
bender and rs friends has resulted in
nearly 100000 being collected. The
land hss been bought and the hotel De-
gun. IL will have 500 rooms aud each
room viii accommodate four persons.
A. 81 each tbs is 81 200 per nigat, and
as there are $50 DAYS during which the
fair viii be open. the gross sum il s2l6.-
600 The land cost So 500 and the
building $4,000 The furnishings
amount g. $40 600 which leaves Sis
s00 out Of which the operating expenses
must come. leaving profit thst ought
% Dsy 500 ger cent on $500, U00. and
then the company has the land and
building after the fair.
Good Enough security.
What security DO YOU give guests
who pay ia advance | asked the
banker.
lie elevated rs eyebrows and replied
srily. care not the rames o. the direct
Ors guarantee enough Aud tnst "a
al the security she macy who pay $40
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