The commonwealth. (Greenwood, Miss.) 1896-1923, 1908-01-03
FINANCIAL, FRAUDS
~ III, the Country Are Delayed with
nc" b Squeeze the Savings from
$500 nIIpIe of Small Means.
j. EORGE B. CORTELYOU,
Py dcnetary Of the Treasury.

been built up because these men had
capital enough to swing the market
their way; there has been no guess
work, no chance, nc gamble about 1t,
for they had the ready money with
which to back their gigantic deals;
they knew the irresistible power of
great capital in one controlling hand
and were able to make the whole coun-
try of smaller speculators-whose car.
ital, although immense in the aggre-
gate, vas under scattered control
pay tribute to them.
ut is time the common people, the
small spectators, learned this trick
of the captains of industry, concen.
trated their scattered capital In one
irresistible body, placed it In capable
and expert hands and recovered from
the kings of the pit some of the mil
lions which for years the smaller
spectators have been contributing to
these swollen fortunes. Your avail
able money, added to that OF thou
sands and tens OF thousands of other
small SPECTATORS, will form a central
lied fund of proportions which will
dwarf the available money of the big.
gest Spectator who ever operated on
the board of exchange; the manipu-
lation of the market by the means Of
this huge fund will be based upon the
investigations of a corps OF the
shrewdest and most capable crop and
market experts in the country, for
the huge proportions Of the fund 1t.
self and the profits at stake not only
render the employment Of the best
talent necessary but also easy, as the
proportion OF the expense to the ag-
gregate profits will be trifing.
For purposes Of convenience we
have placed shares in this great Fund
w at ten dollars. II you send mo
800 you will get the profits on ten
shares from the moment your remit
lance is received--if a thousand dol
lars, the profits on 100 shares"
This is the gist of the appeal which
went out to the cities, towns and
farms Of the country. The response
was instantaneous and enormous. Al
though the scheme was in operation
only a few months it took in over
s 200, 900. In the mails of the day
on which Post Office Inspector Stuart,
OF Chicago. enforced the fraud order
against this swindle more than $1b,
900 in post Office money orders alone
was received at the Fund w" office.
The check books Of the concern
showed that this money with that re-
ceived Ia other forms Of remittance
was to be used to pay . dividend
amounting to $4,000. A further 81.
animation into the affairs Of the
swindle established the fact that the
current receipts from victims were
used right along to pay dividends
without any regard whatever to any
deals on the board or any profts
therefrom-and these dividends
we're put out where they would DO the
most good In stimulating those who
received them to increase their in.
vestments" and to spread the news q
his quick and easy road 70 wealth
.mone neighbors and friends. Some
4 these so-called monthly dividends
mounted to more than II per cent
Hare was actual f~ulfllment MOI
romise, When the victims cashed
bose dividend checks and found
81 thew were honored, any misgiv'
=, tbey had harbored disappeared