The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1912-01-11
THE FLYING DOLLAR

The recent exposure In New York
city OF another get-rich-quick scheme.
revealing as II does the existence OF
countless numbers of innocent VIC
tins who had fondly dreamed of sud-
den wealth, is another illustration of
the fact that about the easiest thing
to do is to lose money. Most of us
find It hard enough to make II, har-
der still to save 1t, and hardest Of all
properly to invest the savings so that
q fair income may be obtained with
out risk Of loss. Probably a majority
of men find II easier to make money
than to keep It.
II is human nature to long for
wealth. The lure Of gold and what it
brings is irresistible to most of US.
No one Is quite content with what he
has. If a man has snug little home
for his family and earns enough to
support it in comfort, he should, per
haps, be content. But he seldom is.
II he Is offered way in which he
thinks he can double his money, his
imagination at once pictures the
pleasures that the new and larger
amount would bring him--new clothes
for his wife, a better school for his
boy, wing on the house, servant,
an automobile. Countless things he
has perhaps secretly longed for, sud.
denly flash before his eyes in fascin.
ating procession. r.,.
That is why the INSCRIPTIONS pro.
moter flourishes like green bay
tree. He knows only too well how to
play upon this particular human
weakness. He Is master painter of
alluring pictures Of the future and
the glittering delights of wealth He
knows just how TO reach the slowly
acquired heart of the school teacher,
the county minister, the clerk, the
farmer and the shopkeeper. His let
ters usually marked confidential
and his circulars unfailingly reach
just the people he wants and they
draw fascinating pictures Of the re
turns on the Investment" in the
gold or silver mine or patent article
or whatever his scheme is This Is
not speculation, II is an investment"
Is II favorite catch phrase. And from
savings banks and slender purses all
over the county come the dollars,
most of them hard earned and all ac-
companied with hopes as fond as they
are vain.
The man or woman with money to
invest is also often the victim of
friends who are honest enough but i'll
advised. They are enthusiastic over
some pet scheme, some business that
a friend or relative is embarking in
and where the prospects seem bril-.
liant. They pride themselves on hay
ing inside information" and will let
one or two of their friends in ION
The ground floor" The widow, espec.
tally, is the most pathetic victim OF
her well meaning friends. Upon the
death of her husband she suddenly
finds herself the controller of his es'
tate. Her friends are eager with ad-
vice. to her as to how to earn with
this money. a large interest return
than the savings bank, real estate
mortgages or bonds can bring her
Few women can resist the enthusiasts
tic and well.meant but often mistaken
advice of their friends at such time,
She sells few wood bonds, invests
in some precarious stock, and, in the
end, comes TO grief. II Is astonishing
how lightly men will give advice OF
this nature to women with none 10
invest. A widows funds should never
| be invested in business ventures
Safety should be the first considera-
ton.
! When a business man dies and
| leaves an estate TO be settled up,there
are almost always found among his
! Investments certain amount of wall
paper" Wall paper" is a slang phrase
| for worthless observation-disclosures en-
| graved certificates of stock in Dusi-
ness enterprises that have come to
grief. Even the most conservative
man win sometimes take a flyer in
some hazardous, speculative invest.
ment" in the hopes Of large returns,
and it is reasonably safe to state that
out Of say, one hundred average es-
tates left by business men, careful
analysis will show that in the vast
majority Of them the man would have
been better off in the end II he had
consistently invested biq ournIuo