The Republican. [volume] (Mountain Home, Idaho) 1903-1909, 1908-03-05

opo cover the nOuSenOiu DlllS-naS &c
see through the mysteries of the prop
osition?
There are a few of these financial
semaphores, however, which every
wage worker should know how to
read, and can know. At first glance
they seem to show a clear right-of-
way, to give the signal to come on
at full speed, with your savings ac'
count In your hand; but VIA q you
know the rules of the road, you can
see a 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 is going to be kept In
the hands of the common people and
out of 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
once If you wish to take advantage of
this handsome advance"
1--WE need only limited amount for
immediate development work and in
order to secure the requisite sum
without delay, we are making the con-
fidential offer of 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
If 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
1t 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
anu oulSJy SOlllpdhy 10 pdCh
of our securities and the Searchlight
Investigation and Expert Engineering
Association has made 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
dividend of II 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 addi-
tons to our working equipment"
These are only few of the most
glazing statements contained in the |
confidential" circulars and letters,
displayed in advertisements, and made
by solicitors, to draw money from the |
pockets of the wage earners There
are scores of other and more subtle
and clever bats in every mode of ex-
preston, but they all spell one word,
and that is B-U-N-C-O.
How do l know it? How do I dare
make so broad statement? Because
we have had times of unprecedented
for so long that millions of
dollars belonging to capitalists are ly-
ng idle or drawing only small inter.
EST AS a result, the sound securities
and the solid investments are snap
Jed up by men who understand values.
These men command large sums, and
n order to secure all the money re-
luired for solid and honest enter
rise, it is only necessary for men
having real investment 'opportuni-
les" to go to them and convince them
If the merit of their propositions.
hey will not permit to slip past them
NY chance to make 33 1-3 per cent.
r even 10 per cent, provided the risk
involved is not too great. Which is
My another way of saying that when
concern must go forth with blare of
to secure money from the
rage workers, the proposition 1t has
} offer is not only not worth consider.
ton, but it should be left severely
lone. If 1t were sound to the core
lie capital would be put into 1t be.
're the confidential" letters to pros.
ective wage Garner investors could
e printed
And this feature of the matter
.ands out in its true light when some.
ling of the cost of selling stocks bv
n appeal to the common people" is
1derstood Not long ago a Chicago
oncern which had gone to the "peo-
e" for its support went into the
inds of a receiver. Wage earners
Id people working for small salaries
I'd put 100000 into the enterprise.
hen the receiver began his examina.
on of the affairs OF the company in O
der to determine how much those at
e head of it had diverted into their II
vn pockets, he was amazed to dis r,
yer that the entire 100000 had been W
ent in getting the great publicity
mpaign started" They had com.
tilted the error Of making some
rticularly fragrant misrepresenta. =,
ms and this nut a neriod to tbo;r