Evening journal., 1912-05-18
nELAMAREANs AND sMINpLERs.

ZuNDREpS Of pe!a~aFeafS have been Heeccd by
a fake propouon schemes. Many have been ruined
Notwithstanding the warnings given, the glib-ongued
and persuasive selling agents of the swindling pro-
moters continue to find victims The mails also
tnue be loaded with deusve literature the swind-
lers It is couched in most instances in such adroit
language that it eyades the Federal and yet holds
the recipients yelled promises of golden returns
if they only will their hard-earned money in the
schemes under promotion.
We think it is safe say that since the swindlers
first began their our State millions of dollars
have been lost chiefly by persons who could afford
to lose it, srsng feature Of the situation has been
that and who have been regarded in their
communities as possessed of sound business sense,
have constituted large part Of those victmized
Bankers and former bankers, lawyers and doctors,
business and women and hard-headed farmers fig
in the long list Of Delaware victims. They had
enough work and years to accumulate
fTunes, little big They also had enough to
take of such fortunes and increase them until
gib-tongued strangers representing fake promotion
schemes, drfted into their communities and, by argu-
mentative process It effective, robbed
them OF ALL or almost all of their accumulations of
lifetime
In other instances, such swindling promoters en-
ployed local pedde their stocks and their
friendly relations with men and women assist in the
work of roping in victims. There is not a community,
little or big. in the State Of Delaware that has not at
least OF who has fallen prey to
such promotion sharks and their emissares.
is time call a halt II might be said that the
best way It is put few OF the promoters and
their agents in jail either by Federal State
That has been done in many places and yet the swind
ling goes There is much better and more enec-
tive way 1t is for Delaware men and women, no mat
ter whether they have have been swinded by
such promotion schemes make firm resolve that they
will stand proof against the Establishments of the
agents and the seductions Of the literature of such
schemers and that they will invest their money in the
securities of honest and substantial corporations in
real estate mortgages real estate They should
remember that the get-rch-quick germ is bad thing
admit into the blood and that the they take
steps protect themselves against it, the better it will
be for them.
Nor should such Delaware and women stop with
deciding not 10 invest their money in wildcat schemes.
They should ostracize any men in their communities
who make their living by selling worthless stocks
and who prey upon their friends and neghbors They
should adopt the creed that the who, under the
guise Of friendship seeks 20 unload worthless stocks
upon them and get his hand into their pockets, is
worse than the pickpocket and the hold-up man. who
least have the manhood to face the penalties for
the pursuit OF their nefarious caings.
How many Delawareans have been swinded and the
amounts they have lost. will be known. It is
of the elements of safety enjoyed by the promo
tion swinders that of the victims ashamed
Of their guabty, when they awake and discover that
they have been swinded that they keep silent and per-
init the swindlers to get away with the loot Or they
permit themselves be olled along with reorganiza-
ton plans assessments and cock-and-bu stories that
keep them quiet until they have become reconciled to
pocket and conceal their losses and buckle down to
hard work more in effort to make up what
they have lost
Swndling by fake promotion is a game that is so old
it is covered with the moss OF crimnality. And yet
like the gold-brick and Spanish swindles. and other
schemes it continues find victims; blind them for
time with large dividends paid out OF capital instead
of out Of earnings and then to fleece them with con-
Scionessness that is heartless it is ruinous.
There is necessity for Delawareans to invest in
such fake schemes. Delaware and other States sup
ply thousands Of safe channels for investment They
do pay big dividends out of capital but many o
them make reasonable returns investments, and they
possess addition the redeemng quality of being botl
safe and honest