The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-12-24
SKIRTS BY ENDLESS CHAIN.
SOME WAYS or BECOMING RICH BIZ
SELLING BELOW COST

You Get Ten-DoiIar watches for Ten Ccnts,
silk skirts for Quarter, and Other
Things ms Cheap, but SOmebo dy Pnys the
Bill-Silk skirts for All the World.
When thousands Of poor people ore tewailing
the loss Of the savings they inttuscd To Franklin
Syndicate Miller, who paid them 500 per cent
interest so long as new dures kept sending their
money to the tenement house hank II seems
strange that projects Just as absurd as the $685.
900 900 fol. a Centin five years syndicate should
be doing booming business in this town. Hut
they are. Men Gro born to gamble. and the some
thing for.nothing prospect is always ATTRACTIVE
The ignorant who bought shares of Miller ~
lieved that he could turn their money over and
over for them as he said he would, but intelligent
men and women who went into the syndicate
knew that oil the money they won out Of II would
come out Of the pockets Of investors who bought
shares too late They gamhlcd on the length Of
time Miller could rake in enough new deposits to
pay dividends on maturcd shares Some of the
gamblers made good profits .trcbling and quad
rupling their investments, but more Of them got
into the swindle too near the time payments were
suspended, and lost all part Of their money.
This gambling idea which first came 10
public notice about n year ago is the
endless oh ain scheme OF selling silk skirts
shoes scalskin coats. pianos and other
Va
the endless chain gamble is not so harmful
rs Millcr's for the investor cannot In any case
lose more than few dollars and, up to certain
limit he is reasonably sure Of getting fair return
II he is diligcnt in getting his friends into the
scheme. But, like Millers bank, the endless
chain scheme is something for nothing affair."
and It's the early investors who reap the harvest
at the expense Of the latecomers. No business
concerns can make money by selling ten dollar
articles for 81 or nve-dollar articles for %
cents. and II they do cut prices in this way
by the cndless-chan system they lose no money,
but their customcrsdo The Floyd street swindler
gave So 900 for 81 600 but the So 900 came out Of
the purses Of others Of his dupcs: and SO endless
chain concerns may now be selling ten dollar over
coats for ST. but the 50 will come out of new GUS
toners pockets in the end The promoters will
not lose a cent
The .endlcsschain scheme operates in this
way; The BunculOwn Gold Watch Company
sgreesto scll iOgold watch for ten cents Mrs.
bhrscn Hunter gocs TO- the Office Of the Bunco-
town concern ana sees that the watches are really
worth $40 and she asks how she may get one.
, You see here We have n little coupon book
the clerk explains, containing ten watch coupons.
one OF our customers YOU bring the coupon
70 us with dollar and select your watch. Wo
lay the watch aside and give you one Of these
coupon books Then you go out and sell tho
ten len.cent COUPONS 10 your friends, each of
coupon books We give you your watch Your
Your dollar back by selling the ten coupons Seu and md
We lose nothing, for the ten coupon buyers giyo
us $40 PAYING ;or your watch. And. then, you
see. your ten friends are not really buying Your
watch. for each one Of them can do as you do and
get a so watch for ten cents"
u doesn't require any mathematical work to
see that II every watch thai leaves the Bunco-
town compHnys store increases the stores treas
uIS by $40 and dImlnishes the customers purse
10y only ten cents, the 50 so has got 10 come out
oi the pockets Ui new customers as soon as the
Misunderstanding business topples over. In rrao-
ucc very lew customers get their watches al ten
cents .Aiicr tie scheme has tceI going along
for erhile the demand fol, gold watches in Ito
store falls of, and new customers have trouble
IN selling their couponS MIS- T.. Z. Mark may
sell even coupons and then take the other three
~ the store and bu: dollar coupon books To enable
buy aoeI books Mrs L Marx gets herr ss S'sS
received from the sale Of the couponsNof So 20
bH, 4 one OF ne seven trends doesn',go and buy
watch and She loses 50 90 = '1''' W se' he'
ON" endless chain store uptown Is now selling
s s S Ths i%I = p sS9 s The ". ma
watch schrmc, Surprising for nom, mt that all
the women who went into the scheme got their
silk skirts on hc 35crni basis, 4 is simple matter
10 scc how absurd the whole thing is The first
skirt buy;r pays p cents for coupon and 81. rs
coupons Tor pr cents each and each Of the hve
COUPON buyers comes cCupon:b book buyer.
hs sS having hS s" csvcd = IN IN addition add tn
the original 81 20 gives the first woman a skirt
She gets IT, al course, for 25 cents. but the store
gets 81. % Of the five new customers and 1t isn't
anything out.
Now all Of the Ave new customers go to work
selling their five coupons apiece. Each gets
back the 81 % paid for a book and when each
q their friends buy books twenty Ave in all
they get silk skirts. Each Of these 1--WE gets a
silk skirt for rs cents and the store receives Tor tho
skirts five times so 25 S3i %. The twenty
five new customers go begging for coupon buyers
and paid in sl56 25 for books the twenty-five
get their skirts. The 125 sell their coupons and
get their skirts when their 625 friends have paid
In $751; 25 for books, The o25 get their skirts
The sl25 come in 70, their skirts when. 1925
more people have paid sl9531 20. And skirts
arc due the 10 6a5 when their rs l25 frie nds have
deposited s07 $50 25. Before the 1928 can
PSI rs: And the 390,625 must go skitless until
1858 l25 have paid over 81, AL, 4O6 20 TO the
endless chain store. These nearly two million
Of women will b. without their silk skirts until
ST., POI, OIL 25 Ia the store,
About this time men and boys and babies will
have 10 begin wearing silk skirts, for before tho
skirts the rest Of the inhabitants Of the United
States III have TO buy the 4S S2S 125 books valued
at sol ,035, l56 %, which must be bought before
the TO- 100000 are entitled to skirts. When these
nearly hfty million people have sold their coupons
they will have TO wait for skirts until their 244-
liO,625 coupon buyers have paid S305 ITS, 781 %
for books The last will sell coupons to !, 22O
the 200. oOO, 600. in round numbers, have paid
81 525, 1873 900 % 10 the endless chain store All
oil the earth $ population having bought books
one-sixth Of the people ON the earth will have silk
The dead loss To the unlucky five-sixths would
he something like 81. $50, 600 600 This condition
could BE- brought about In three months II every
coupon book buyer sold her coupons in week