The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-06-15
CHEATED
BY FAKERS EACH
YEAR, KEMMER SAYS
Speaker at Convention
Tells of Better Bus
mess Bureau
especial to the Iicraido

MILWAUKEE,. June i5.--it has
cume to iieht. at tho convention
Of the Associated Advertising clubs
Of the World. which win close here.
this afternoon. that recent nation
Wide bucket shop Investigations
and exposures were made with the
close cooperation Of the National
Vigilance Committee Of the advof-
tissng organization and with the
aid of leading newspapers. officers
of the law and other agencies
H j. Konner OF New York city
director Of the National vigilanc"
committee announced in an ad'
dress here that a. "A natural out
growth Of these aud Nher invest
CATIONS OF fraudulent stock deals u
better business bureau Is being or
kanized la New York City. backed
by leading business houses. and
that 1t will devote its entire atten.
tion. In the beginning, to the in
vesfightion OF financial advertising
frauds. Literally millions upon
millions OF dollars are taken from
the people by fakerH annually, he
said.
Committee Furnished Information
The Vigilance Committee. Mr.
kenner said. was in a position To
render service 10 District Attorney
Banton. OF New York city. IN his
fight on bucket shops early IN
1872, through information develop
es by Vigilance Investigations IN
New York and other cities. ana BY
| placing the Committee,s extensive
flies at his di'posal These cases
were aggreeriycly handled for the
district attorney by his assistant.
! Jerome Simmonh ana have had u
wholesome effect IN curbing activi'
ties OF the buckcteers. The Com.
/ miitee was fortunate enough "a
obtain Mr. simmons as its counsel
/ whom his bucket shop inNcstiga-
tions were completed.
| The committees bulletin, In
February, on the danger to the
public and 10 the acrnautlcai In
duslry which iurkod In the organ
ixation OF air transportation com
panies by professional promoters,
he continued. was given Wide put.
licity By the New York Times and
prominent newspapers in othei
parts of the country. The Aero
nautical Chamber ~ Commerce ex
pressed rs appreciation.
Chief among our aggressive
definite actions was that Of ths
committee IN placing facts befor'
district attorney Banfon, deallnl
with the practices OF n ring OF di
fectory fakers. who were sald I,
have swtndied business men out d
more than a million dollars In th'
past fifteen or twenty years b,
collecting - space in directorie
which had never been published.
Has Protected business Men
"In numerous other fields. tn
committe has been active" he said
III has materially checked the &C
tivlties ~ various publicity schema
designed to get money fraudulennl
from creduiouH business men
mainly retailers. in the form o
coupon redemption bureaus. eicc
tr,c flash-d companies. ana self
collection letter systems. tine O
the worst offenders among th'
/ flash sign companies Is bcinl
made the object OF vigorous action
One problem which has en-
anxod the attention ~ the commit
| tee and ltn affiliated Bureaus {
/ the abuse OF comparative prices i
retail and other advertising. where
IN an ts5 value coat 10 offered a
ss0. so. or a pair Of shoes. reguiarl
retailod al 80 or less. n advertise'
a. worth ts while rcccgni4inl
II the legitimate uses Of tho compnr
atiye price. truth forces are enlist
ing the cooperation Of national r.
tail associations and individual ~
tail advertisers In an effort TO eur
tain wrongful practices desuiope
out OF this use Of the price appca
J in advertising"