The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-05-01
MINING SHARKS SCARED
BTCkET SHOP RAID SNOW s
BHIT UNCLE SAN CAV 10.


u.ass ago has done a good deal more
than throw a scare into the bucket shOps
re- got the fake financial agents. mining
..,rks and financial con men ~ the
,rIrtry In 4 state % blue funk for the irst
tire since the game got real good
Il has for years been tho business OF
'-e man who said this to keep tAts not
any on tho bucket shops hut also upon
the financial crooks who roost below FuI-
ton street. In common with a lot a. other
folks he has seen with satisfaction the
activity % the Washington authorities
N the matter Of bucke,shops hero and
elsewhere, because in his case Il haa
moant little less work.
There ara more fake financial agents
selling gold bricks than ever before.
vent on this authority. Their number
has increased very much over what IL
was year ago, yet good many people
may have got tho ideA that their number
has greatly diminished. owing. perhapa.
20 the fact that you don't notice 40 many
get rich quick ads in the Newspaper
these days.
There arc two reasons Tor that. Ono
IL that these crooks are more afraid than
they used 10 be in misrepresentinR thinRs
in the cold print % a Newspaper. and the
other reason 10 that most of the news
papers that used 20 take this kind Of adj
vertisng without investigation year ago
refuse Il to-day.
Two OF three years ego these crooks
relied almost exclusively on newspaper
advertising. They believed that II vas
Just ~ easy 60 fool the newspapers a. II
was TO fool the man with sIOO in the
sAvings hank and that they could reap
their harvest and make q getaway before
anybody found that what they said in
their advertisements was plain bunk.
That Was before any Of the bag concerns
had been shown up a. fakes.
About the biggest crook IN this line WA
Carcenio ? King whom rHE SUS WA tho
first N show up and who h now MAKING
shirts in Charlestown Jail King VISA South
erner with good deal o. literary ability.
II he had been a. clever q crook ~ he was
a writer doubt II he would he where he 10
today.
In hts early DAYS he had written for
the newspapers and it had given him a
- II oonidenoe In his ability h sling Eng
hsh. q thing which most a the fnancial
takers haven't got. CArdsniO wrote nsarly
all n his own advertisements and Was one
II the few financial takers who have ever
b~en able n do this Most II the men
Win think mp crooked financial sOheTnea
have n hire somebody else 10 write for
them, and it's the biggest expense they
have.
For describing his own gold bricks
Cardenio = King was the peer II any finan-
cal tAker that ever lived and he sst TIE
high water mark for the financial crooks q
the country In this sort Of thing. not only
IN the quality II his stun bun in its Juan
ti'y His advertising bills overtopped all
others; u oourse the gidGaona were paying
f0r IL. a. they always are In such oaaes
BEFORE King started out in hig type
tie financial crooks had been a little shv
u too much type. but the s1ocesn which
King had az first In rakinG In the dollars
In exchange for rice looking certificates
n stock In his King -Crowther corporation,
the company that was supposed "a he =
second Standard OIL gDt all the crooks
busy on the literary game a. lhe easiest
way 10 sell stock % coaras they overriid
Il The first thing that h@ppened was that
some og the ofics buildings where they
roasted kicled.
A lot II them were chuoied out n the
hig buildings and had u M u som~ n the
little Pookefies downtown that were rtary-
ing n death for tenants ~ oourne thesa
huildinEs had ROt beyond the point ~
caring how much publicity was Riven 70
their NUMBER
When King blew up and landed in
Charlestown Jail a lot II the fake financial
agents who had besn following his method
E1r bic scared for King was the frat big
iaker Of this sort 20 he sent 10 jail IN many
years. They doped il Out that too much
Advertising had done Il. Il wasn't long
after this before those newspapers that
bat taken their Advertising shut down
pretty hard on IL. that 10. most OF them.
Now you might think that all Of ihls would
have caused the species 20 cease multiply
Iug but it didn't.
There are morn fake mines than ever.
more wells that haven't ever spouted oil
and never will; more inventions that are
gong 10 b. a second telephone and won't
p" worth anything but junk and more
Industrial enterprises that will be fortune
makers II you'll only just send in your
money 10 the financial agent
How are they doing business now
I'll. tell you. They've making house to
F..uaa ganwaaa5. To- A. 49,. -. - -
another way they are doing 1t now. and
VII a great deal OF success.
Don't be surprised Il any day now
you're asked By some Ons you know
yhtly 10 take 4 few shares u stock In
sons mine or oil company that he h as
sIfed u . good proposition. Perhaps it'a
right. but there's a good chance he
DOESN'T know what he's selling. He's on
ir" level perhaps. COINED by tho crooks
INTO linking " good thing.
n he's fallen q victim 10 this new game
o. ~ dollars % douRhnuts he will tell you
i.t' he Just happened 10 stumble into ID
ard got a few shares 81 stock 20 sell 20 hin
Trends ana help them pick Hp a good
'1ug He really thinks there's only lew
shares being sod and that those glowing
r"uorts from the man a. the minis watching
10" orc being exposed are genuine. OF
O. Irse. for his trouble In diaposinR 81 the
i"F shares that have BEEN gwen 10 him
i.r bic friends h. 10 sottlRs probably some
Shares Tor nothing.
bis new way ls pretty nearly a. sue
'"ssiu a. the Old way 0f using printeru'
i7s. and II IL a good deal safer because IL |
,-nt gnlng 70 attract the attention Of tho |
i1s' Once Department and the folks |
Whoss business Il h 70 protect suckers.
The financial crooks, the slick Onpa, |
] mean. are trying 20 Get agents % the |