The Greeley tribune., 1908-05-28

MAKING the contents OF his pay enyel.
ope cover the household bills-has to
sSe through the mysteries OF the prom.
OSitton?
There are few OF these financial
semaphores, however. which every
wage worker should know how to
read, and can know. Al first glance
they seem to show 4 clear right of.
way. TO give the signal to come on"
a. full speed. with your savings &c.
count In your band but via you
kno" the rules OF the road you can
see red light--a danger signal
swinging from every one Of these sem
aphore arms
Here are some of the danger sig.
nails OF this sort which are very decep.
tive At first glance:
This company Ia going to be kept In
the hands OF the common people and
out ot the hands of the capitalists
THE shares of this company have
increased SO per cent since our fiscal
agents put the first block OF develop.
ment stocks on the market. 60 days
ago: they will be advanced 20 points
on the first day OF next month and
you must act promptly and remit at
this handsome advance.
We need only Il limited amount for
immediate development work and in
order to secure the requisite sum
without delay. we are making the con.
fidential offer OF a bonus OF one
share OF preferred stock for every ten
shares OF the common. which you can
secure at 80 cents on the par value
II you respond at once. Just as soon
as our needs for development ex-
penditures are met by subscriptions
on this liberal basis. 1t will be impos.
sible for You To secure the common. as
it will be withheld from the market
except on offerings OF 60 cents or
better"
You are taking no risk. for our
guarantee is behind every share OF
our stock The Silver and Gold In
of our securities and the Searchlight
Investigation and Expert Engineering
Association has made "A detailed exam
ination and analysis of our properties
and stands sponsor to the world for
them In the first three months OF
operation OF our properties. we have
been able to pay our stockholders Z
dividend OF i2 per cent. and the splen'
did ore bodies now In sight warrant us
in assuring our stockholders that this
dividend will be substantially In
creased In the next three months. ow
ing to the increased facilities OF pro
duction made possible by great add
tionx to our working equipment"
These are only = few OF the most
glaring statements contained In the
CONFIDENTIAL circulars and letters
displayed IL advertisenents. and made
by solicitors. to draw monsy from the
pockets Of the wage earners. There
are scores Of other and more subtle
and clever bats In every mode Of OK
preston. but they all spell one word
and that is B-U-N-C-O.
How do know II? How do dare
make so broad . statement! Because
we have had times Of unprecedented
prosperity for so long that millions OF
dollars belonging to capitalists are ly
Ing idle or drawing only small inter
est As a result. the sound securities
and the solid Investments are snap
ped up by men who understand values
These men command large sums and
i, at mn
ouired for a solid and honest enter
prise. it is only necessary for men
having real investment "opportuni
ties to go to them and convince them
OF the merit OF their propositions
They will not permit to slip past them
any chance to make 33 1-3 per cent.
or even 10 per cent. provided the risk
involved is not too great. Which is
only another way OF saying that when
. concern must go forth with blare OF
trumpets to secure money from the
wage workers, the proposition 1t has
to offer Is not only not worth consider
alton, but 1t should be left severely
alone. II 1t were sound to the core
idle capital would be put into 1t be
fore the ''confidential' letters to pros
pective wage Garner investors could
be printed.
And this feature OF the matter
stands out IN it's true light when some
thing OF the cost OF selling stocks by
an appeal to the common people" is
understood Not long ago Chicago
concern which had gone to the ''peo-
pie" for its support went into the
hands of receiver. Wage earners
and people working for small salaries
had put 100000 into the enterprise,
When the receiver began his examina
ton of the affairs OF the company In
order to determine how much those at
the head OF 1t had diverted into their
own pockets. he was amazed to dis
cnver that tho an iro 4 m 0nO had he epn