The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1911-06-17
Other Peoples Money
Editor OF the Diamond Drill.
naar gt.

another attempt is being made 10 re-
vive the E. g. Lewis propaganda in
our midst / make bold in forwarding
you the Enclosed cutting from the
Rural New Yorker which comments on
the press reports concerning the phil.
snthropic and benevolent" work OF tine
greatest of living Americans. The
Rural New Yorker says:
Things are at last happening in st.
Louis. We have already reported
bankruptcy suit filed in the United
States courts against the Lewis Pub.
fishing Co.. and foreclosure suit a.
gainst the University Heights Realty
and Development Co., 70 enforce pay
ment Of mortgage notes past due. On
Thursday the motion for receiver was
argued before Judge Dryer. The
newspaper reports say no disposition
to'spare Lewis was shown by either
the contending attorneys or the Judge.
All admitted that the creditors sadly
need protection.
John w. Williams. the alleged con.
troller, seems TO De making good use OF
his time and Of the authority given
him by Lewis. 1t seems now that he
has sold and removed all the presses
and machinery in both the Daily and
the Magazine buildings. We have not
heard that the creditors who deposited
their claims with him got any OF the
proceeds. But we do NOT believe that
the courts will allow such sale of the
assets of bankrupt company to stand.
and II will be the duty Of Attorney
Hall to find and restore the property to
creditors Otherwise il would be los
to them and when Lewis was selling
these securities to the people he repre-
sented that this property was worth
hundreds of thousands OF dollars. Per-
hsps you Can now understand why
Lewis wanted you TO send your secur-
tiles 10 himself or Mr.. Williams.
Read his depositor 8 agreement as pub.
lished in his own paper, and see what
redress you would have ii be sold every
thing in the possession Of different
companies, and paid out the proceeds
to himself and others as salaries and
expense. Mr.. Williams is sending out
a printed letter in which he says If
you send him your claims, friendly
receiver may be appointed Did you
stop 10 consider what that meansG 1t
means a receiver friendly TO him But
in such a suit you, as a creditor, are in
a suit against him and his compan'
ions, SO that receiver friendly TO him
is receiver against you. His argu-
ment, if rightly understood, is an ar
gument for you 10 keep your securities
away from MIN, and 10 use your in
fluence 90 have receiver appointed
who would know no friends, but who
would administer the affairs solely for
the benefit of yourself and other credi-
tors like you This last appeal by Mr..
Williams beats all the cunning but sill
Ily arguments that we have yet seen
put forth in the whole Lewis fake
game, In effect 10 says ii % man owe'
You, and You have TO sue him 20 get
your money, You must ask the court "a
let the debtor decide whether or MOI
you are 10 get your money Isn't it an
insult to anyone intelligence that
such a proposition should be proposed
TO himg anyway, it has not worked
The claims now filed against Lewis
concerns exceed 500 900 And neither
Lewis nor Williams can get a single
one Of them IN any way except by put
ting up the cash tor them Besides
new claims are coming IN every day
from subscribers aud their friends.
1T Is yet difficult 10 say what claims
have prospect Of payment in full or in
part but ain claims OF every kind
ought to be put in now, and pat IN
shape for proof Of claim that the pre-
sent interests Of the holders may be
protected Claims sent TO us or to
Claud d. Hall. 10j Oliver street st.
Louis, Mo, will be properly fled and
/ protected.
1t would really seem after all that
the great work Of +. q Lewis was
built on sandy foundation, rs the ey-
idence on all sides reveals. 20 us a tot
tering structure, which when II falls,
will crush and bury beneath its ruins.
the fond hopes and desires Of many
/ foolish and deluded American women.
Sincerely yours,
VIM. Poyseor.