The Marion daily mirror. (Marion, Ohio) 1892-1912, 1907-10-16
'ur ability to reimburse them full


sble to get uut the printed sheet
Iof selections and detailed statement
lof lcsses., This will follow in a few
days.,
While We have always felt con-
fdent we should be able to con-
tinue our successes Of the past, yet
we have alway tried positively to
impress upon the minds Of our pat
rons the possibility Of Just such a
loss 81 lhaG occurred and we hope
THAI everH one has been prepared
Io,s , Yours respectfullv.
tponsps cA6dfhtfs COMPANY.
2 ThsrpeSple of Merton had simply
become wild over the OPP
|portunity Of investing in the Car
|gill company. In a number Of in.
stances, widows mortgaged their
homes and placed the money in the
abominable swindle. Certain veal
thy citizens in the county placed as
high as $4,000 in the company and
as long as it lasted. realized $50 O
week out Of their investment.
Young men working for $40 O week
placed from one to two hundred
dollars in the mill TO have il settle
finally into the Golfers Of the In
ventois of the scheme, whose names
ARE unknown.
1t is evident tl1at there was no
such thing as the Cargill company
it was simply ring Of clever
business men who knew how to
drive in millions by collecting the
widow 's mite. There are o few
of the local investors perhaps that
could easily afford to lose by the
bursting of the bubble but on the
other hand There were nine out Of
ten who could not Rfford by any
means the mammoth less.
As for Mr.. Joe B., Thew, the
company's local agent it is the
general opinion that he was roped
in like the investors. He seemed to
be conscientious in his belief that
the company was solid and all
right in its way. Upon receiving
money he never assured the inves-
tor that 1T was a SIRE thing.
kiss your money goodbye and
then invest" was Thew's advice to
his customers. Although the pocket
books of perhaps 1000 people in
this city have been touched bv the
collapse Of this deceitful bubble the
losers will not lay the blame of their
losses upon Mr.. Thew.
The Cargill company transacted
all of its business through the
American Express company in un-
marked pacages. Had it used the
mails there would undoubtedly have
been some Of the founders of the
swindle placed behind the bars
long before the present time. ii
1t is a lesson for which the Car
gill investors have all paid dearly,
Three dollars a week is too m,,cl,
to realize off of an investment Of
500. yet scores Of people were
willing to run the risk of thc
unsuretv Of the investment, slap
ming their money in and hoping
and praving that it would las. long
I!eul Houq lsS ol meV1 IoJ VSnous
oamital.
One of the strongest points Of
the company's argument was that
Il could not afford to elbow up -
claiming that the inventor would
rake more money to have II con-
time as the COMPANY reserved 25
rer cent of all profits for its com.
mission.
Following is a rough estimate of
the amount 0f money lost in This
"'ty and surrounding cities. Mar.
ION. between $4,000 and $4,000;
Columbus, between $150,OOO and
100000: Lima, 10000; Prospect.
$4,000; Upper Sandusky. $4,000:
Bucwus, $4,000; Gallon. $4,000.
There were investors in practicable
every city in the state and the
loss in Ohio alone is said To agCre-
gate over $1,000,OOO. indianapolis,
Indiana, residents were investors TO
the extent of nearly 100000 and
scores of residents : Of Illinois
state were heavy losers. w
1t was almost repetition of the |
'get rich quick" scheme which,
hypnotised SO man ythousands in
st. Louis several years ago and |
yet many Of the people who lost
IN that famous swindle were among
The heaviest losers in the one Just
brought to light. It is the nature Of
NE American people-They WILL
GMBLE.
Y. NJ c. A.Course opens tomor-