The Republican journal., 1907-07-04
BUBBLES AND FRAUDS.
HOW THE INNOCENT ARE SWINDLED
New York Correspondence


My attention has just been called to
the sad case of Fred S. Cotton, who
caused the arrest of promoter named
Sullivan, as the latter had induced him
to pay $40, 900 for a bubble which soon
burst into thin air. This shows that
the sharper is still abroad in the land,
and that he is losing no opportunity is
evident from the captivating advertise
ments poured upon the public, of which
| offer some new examples: Fabulous
Profits" ''Start an Income with One
Dollar" ''How to Speculate, millions
in Dividends ga Ground Floor
Chance" 1000 Per Cent. Year in
Dividends" Tomorrow Last Day."
You Can Double Your Money"
Something to Grow About" 'Stock
is Now So, Par Value s1O," money
for YOU" Strange but True" Free
Gold" "Fairly Grinds Out Money"
200 Per Cent. in 80 Days"
OTHER NEW BAIT.
How to Secure an Income" Get
in Now,' ISL, 900 for $780," "Greatest
Money Making Proposition, GLOW $50
Made $4,000 OO0," $50 Per Cent. on
Money Invested" ''How Nickels Made
Fortunes, Red Dog Cents, Par
Value s1O" "Let Me Show You," lone
Cent Per Share" Invest 81 Per Week."
$50 Will Earn $780," 1900 Per Cent.
Profit" eff You Have 500 Can Put
You On the Road to Fortune" ''Have
You Heard About Jack SPRING." I'm
vest $1,000 and Positively Get $50 a
Week." will Startle the World"
"S3O,O0O,000 in so Days" GLOW 500
Grew to $780, 000,' Act Quick and You
Can Get In
HOW VERY INGENIOUS.
The reader will notice the ingenuity
with which these sharpers operate on
credulity, and here are a few more
equally original and fascinating: $3.50
Earns $1,000 a Year." Sixteen Rea-
sons Why lingo Will Make Fortune"
Biggest Dividends Ever Paid" "A
Golden Opportunity $50 for 35
Cents" Money Makes Money" $50
for 25 Cents" "Big Advance" ga
Modest Sum Will Make a Fortune"
brilliant Opportunity" ''Make Your
ity," ;:Act At Once" Really staggers
the Mind" "Will Make Tremendous
Profits" "a Big Chance" 1925 Makes
$780," "Costs Nothing and Win Make
Fortune big Snap" "Do Not Hest
tate" etc, etc. And, reader, under
such attractions, can you wonder at the
crowd of dupes.
STARTLING INSTANCE.
Among the assets of the defunct A,
&. Wilcox company were stocks and
bonds with face value exceeding
100000, but which only brought $500,
being of the above fanciful character.
This Wilcox had been successful in
floating them, but reaction took place
which swept him under In addition
to this was the arrest of a man named
Howard c. Walcott who had flooded
the country with letters offering $3.50
for every s25 invested, the charge
brought him being using the mails for
fraudulent purposes. To obtain names
the country is carefully canvassed and
the lists thus made are often offered
for sale, as shown by the following ad-
vertisements: Names for sale. - In
vestors in rural districts; new and
genuine. Address EXCEPTIONAL"
List of 5000 investors for sale, suit
able for stock speculation. Address
Fortune -"
Country people are often surprised at
the incessant speculative circulars re-
ceived through the mail, but this is the
natural result of that canvass which is
SO closely maintained, especially as the
country affords the best supply of
dupeS