The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-03-16

where the gold reserve or the Country HAS
gone to. The balance of the stationery Is
in keeping with the certificate. In all the
stationery, in order to preserve the good
name of the company, there are liberal
cautions, to the patrons, to beware of int
tators and thus avoid frauds. The COM
panv do no business in Wichita; their
business is principally in distant parts OF
the country.
DOING BUSINESS FAR AWAY.
In fact, they do thriving business In
New York, for there, il appears, the New
York Times got hold of some of its sta
tionery, correspondence, &C., which fur
nished that metropolitan paper with ma
rerial for a column aud a half article. The
Times commences with an introduce ION
which Is pregnant with objectionable
levity. Il is evidently jealous because
Wichita secured a concern with such an
immense capital stock, aud goes on in
light strain in which il says that the COM
pany is based on the principle that
sucker is born every hour of the day, &c.
In other words il intimates that the com
pany is fraud. After emitting the in
PRODUCTION it gives the following letter
written by the company TO some New
York citizen, as well as the other letter
aud Incidental remarks:
SOME CORRESPONDENCE.
WICHITA, Kan, FEB. II, 1874
DEAR SIR; We have been Instructed By
the secretary of this company to send
special agent to your city to secure an
agent. As cur men are all busy and 1t Is
impossible to DO so now, we send you the
secretary's letter and offer you the agency,
believing that, with our assistance. you
can work up profitable business, which
will not in the least Interfere with your
present work. We inclose you herewith
special certificate made out to you. You
will note in the secretary's letter what he
says in regard to a good special loan, help
ing US to hold the principal part of tue
business in your place We realize that
we cannot get the business without put
ting in good loan. This loan we prefer
10 have go TO you, as long as you are act
ing as our agent. We will see that it will
pay you We'll to do so. While we only
send SIS worth of applications to start on.
we know that you can largely increase
your business when your customers be-
come acquainted with the company.
Do not confuse this company with any
other We have some imltators whose
reputation is not the best. We do not
wish to be blamed for their faults or
failures.
We only ask that YOU judge us by what
we DO. We are willing 10 leave the result
with you, and stand or fail on our own
merits.
We hope that after carefully considering
the matter you will accept the agency.
We know that &c will make you money, rs
we are in the field for a permapeut bust
ness, and intend to assist you in every
legitimate way in making honey Tor your
self and the company.
Please consider this matter confidential,
and il you cannot accept or obtain an
agent for US hold the p pers until we in
struct you what disposition to make OF
them.
If YOU know of some one who will act as
agent, give him all the papers and let him
sell these applications. When he makes
his first remittance, he can return this
special certificate and we will make out
aud return to him new certinca'e IN his
own name. We prefer to have yon act as
agent, if poss bic. See that all lists sent
you are thoroughly distributed, as they
will assist you greatly.
If your name i misspelled on tie spec
ial certificate, 1t Is because nc was given 10
US wrong, and you can send IL back with
your first remittance. and we VIII correct
II aud return il to you.
Never send any communications to US
by mail. They VIII not reach uS, AS the
postal laws do not allow the transmission
of such matter. Yours very truly.
5. WELLS & Co.
Dictated by S. W. General Agents
This unique letteris explained still more
clearly by a letter purportins TO be signed
by Waldo Flood" Secretary, who Is of
course A myth, IS. Wells 81 Co.." being
all there is of the Gu trantee Loan" COM
pany. The ''Secretary's" letter reads:
SAN FRANCISCO. F n. H. 1894.
simon Wells & Co General Agents, Wichita, Kan.
GENTLEMEN:-S- nd a special agent TO
West Point, n. Y, and place an agency
with the b-st man you can get. Ii nec-s-
s-ry to establish an agency, give him the
inclosed guaranteed certificate. The lot
tery people are disposed to fight Us, aud
say that, no MISTER how May or how
large the loans we paw. we cannot COM
pete with them successfully.
Owing to the fight they always make
on us in a new place, We do not hope to do
any more than get soothOld and get the
company well adv rtissd during The first
few mouths The probabilities are that
we will have to pay out there greet deal
more money than we take in, bat that VIII
get business, and We know that when we
once get il we can hold 1t by making good
loans. Aud IL seems to us that II, In addi-
ton TO all the loans that will be made on
our regular applications, we pay out
there during the next three months one OF
these large special loans, 1t Will put Us on
a footing where we can control the bulk OF
the business aud brihg TO the agent and the
company a steady aud constantly lncreas
ing patronage, Remember always that We
want always "A permanent business. and
know il can only be secured by giving en-
tire satisfaction to all. You may End il
d fficult to secure AN agent, as OF late there
have been so many weak lottery compan-
les who seem To ne entirely satisfied IT they
can sell their tickets once, and never eX-
pect t. do any business IN the town again.
These companies make 1t hard Tor u, but
III \ fNS1r.i II he h.
frank and honest statements We make, aud
also by our references and guarantee.
Use the greatest possible care TO secure n
good agent You can assure him that this
company will stand by him to the end, and
DO ANYTHING that is fair and reasonable to
advance our mutual interests, aud VIII al
ways be glad TO have suggestions from MIN
that will assist Us III building up a per-
maueut business.
Alta recent meeting il was decided by
the company that, in addition 10 having
the payment OF all loans guaranteed by
the Central Trust company, we wouii.
make the following guarantees 10 all
agents handling our applications: Ii any
agent sells nil the applications sent TO him
in any months, AID said applications iaii
to secure any loans, the agent Is hereby
Authorised and instructed TO draw on you,
through any hank or express company, for
the full amount of the money be RENTED,
and to return the money to the purchasers
We make this guarantee because our
loans are so numerous and so uniformly
distributed that II Is very seldom we Will
be called upon 70 make the guarantee
good, but when we are you must see that
the drafts from agents on that account are
promptly paid.
Let me know as soon as yen have the
agency esJ abllshed. Have the agent re-
port all his sales ami other commuuict
lions through you. ] am. yours very
Iruly, WALDO FLOOD,
Dictated by W. T. Secretary.
At present. the company Is reaching