Omaha daily bee., 1921-07-04
The Shark In Shallow Water
BY JACK LEE

III
Two boys the woods one day pick bckberries
One lad sped patch Of especially luscious berries clearing
fenced with barbed wire In his haste to the berries
fill his pail quickly he made attempt going through the fence
in ghtningke speed As result he
with his pants torn almost in two pieces The other boy
conservative and cautious got through the fence safely
II Arrived the berry patch the impeuous little fellow picked
for wh hen spying another patch that looked bigger
better left the first patch and began picking in his find He
continually finding patches that looked productive
the first and rushed mady from patch to another wasting
II great deal of time. .4s
Il The conservative fellow stayed berry patch
went to work and by SLOW steady picking had his bucket filled
before his lively and ambitious companion The
dying in the this
home The slow fellow had his bucket well filled with
ripe fruit and whole pair Of pants The fired with pep
ambition had little than half bucketul
hungry from too much running about In addition he had pair
\ ruined pants and licking awaiting him at home.
boys may be compared with the two classes Of in
yestors commonly known to the financial world.
There is that steady cautious slowgoing Sort satisfied with
reasonable return his investment First he make
sure the investment worthy of his support He does not hop
from thing to another looking them all and trying them
out but he picks substantial thing goes into it with caution
usually comes out ahead.
The too investor usually caught the barbed
work the shark aside losing savings on investments
which look good yield big returns emerges from his
counter with the sharks stripped and with experiences he will
never forget
In 1920 Nebraska filled with after the easy
The amount they took from the mark looking for
investment assuring big millions
for 1919 and similarly for 1920
the water was unusually fine for the sharks and it
full of them Money coming easily to and
who had before handled very much pue
with their newly acquired riches Stories circulated of
fortunes made by investors wa bde oil stocks and host
Of other stock made the bait the sharks put
more tempting
All that was necessary for shark to land school of
the rich fish, throw line two and then proceed
in the Oil stock sold like hot cakes Mines
hadn't produced for suddenly producing untold wealth.
according to promoters selling stock Manufacturing
sprung like mushrooms only when the sun of ptless
publicity exposed their real value.
During 19192O the sharks fed But as in all cases Of
the kind of the sharks became bold continued
They staged ragged deals and the bureau
of securities at Lincoln established with amped power
bue sky projects handle that came into Nebraska
to look for easy money.
But like the farmer who placed lock the his
horses oen the bureau securities established in
time the robbng of many of the usophis
Gated farmers ranchers bankers and city dweer of Nsras
Promoters coming into Nebraska clean bill
health to the bureau of securities before any
overures Nebrakan space activity the bureau
OF securities has shown that at last institution been
evolved which will the unsupecng gble investor
although cannot be expected to commercial sue
cess OF any enterprise those allowed to sell
During the shark morgaged get to
with no other motive than gambling the thing
result investments presenting themselves suffered
and only by careful nursing regain public confidence
When the crash camethat is the Tightening the money
and refusal banks to lend money anything but eri
mate ventree sharks found themselves forced into deep
water where the picking difficult they did greve be-
they went with weld pockebooks investors found
themselves the left side of the ledger everything was
written in red. II
The day of the shark has passed. of the investor
looking for something for nothing.
Most and busy nowadays keeping together
me money they have saved they looking fancy invest
nents Farmers who have laid by little cash are lending it to
who hard Banks cautious and the iudcous
INVESTOR is coming to the FORE
Aung investment schemes passed by unnoced and the
nan or woman with to invest placing farm mort
ages Liberty bonds paper while not
ferng big returns at provides return on the invest
nent with larger promises when the stage Of has
,een reached. II
fnanciers who know that recurrence Of shark n
Will be impossible bankers those who rec
gnze shark signs will dnounce them before they have had an
opportunity to get their teeth into VICTIM The bureau of sec
ies Will also help The past experiences those who were
augh by the sharks in the past will be of value to those
Who are prone to play too near "shark water" II
Nebraska has been pretty we'll cleaned of sharks Now and
nen one shows its head but usually states net before
has had chance to get under way Il
The protection of investors money equally important
rotecng his health The bureau securities bankers and b
ess men who know something of investments would constitute
80 III