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j?*'. 'ivf' ... •y ,:-•••• J7 There is no work under the jurisdic tion of the United States post office department which presents more dif ficulty to its officials than the admin istration of the law relating to the de tection and suppression of the swind lers who-use the United States mails to prosecute a guerilla warfare upon the people of this country—and espe cially upon those whose industry and thrift have enabled them to put by a little surplus against the inevitable "rainy day." I have been asked to say a few words on the subject of financial frauds that operate through the mails, and take pleasure in responding to such a request in the hope that what I shall say may have the effect of pre venting some hard-working and thrifty person, who has contrived by dint of self-denial to save up a little surplus, from falling a ready prey to the hun dreds of schemers who are living by their wits and making fortunes from honest but credulous individuals. Perhaps the most important thing to the possible victim Is to know what are the most common characteristics of fraudulent schemes—the "signs" by which those familiar with their opera tions recognize their fraudulent char acter. One of these earmarks is the prom ise of excessive profits or dividends another is the actual payment of ex cessive dividends—at the start! One or both of these features invariably accompany all such echemes. And In the days when frauds in the mail are numbered by the thousands and com petition for the spoils of the people's savings is almost as keen as it is in legitimate lines of business, the throw ing of bait in the form of several large monthly dividends has come to be regarded as a practical necessity. There was a time when the mere promise of big profits was enough to insure a liberal response, but to-day the use of "dividend bait" is regarded as a necessary and highly profitable investment on the part of those who wish to secure the largest possible re turns. The great "Fund W" swindle, op erated in Chicago in the early '90s, may be cited in illustration of the type. It is especially typical not only because of its immense success but because it has apparently furnished the model upon which many succeed ing frauds have been based. It is true that many, perhaps most, of the present day schemes are seasoned with the "investment" flavor, rather than that of speculation, but the prin ciple of their operation and appeal is 1 How the Mails of the Country Are Delayed with Schemes to Squeeze the Savings from People of Small Means. By GEORGE B. CORTELYOU, Secretary of the Treasury. & 'mi HON. GEORGE B. CORTELYOU. FINANCIAL FRAUDS the same. This is the way in which the historic "Fund W" was worked: Under the name of "Fleming & Mer riam's an Mutual Cooperative Fund W" appeal was made to the people to Bend their money for the purpose of creating a "great centralized fund" to be used in speculative operations in grains, provisions and stocks on the Chicago board of trade and the stock exchange—the emphasis being placed on the opportunities offered by the board of trade. In all the printed matter put out by these clever swindlers the plea was substantially this: "The great for tunes of the 'kings of the pit' have been built up because these men had capital enough to swing the market their way there has been no guess work, no chance, no gamble about it, for they had the ready money with which to back their gigantic deals they knew the irresistible power of great capital in one controlling hand and were able to make the whole coun try of smaller speculators—whose cap ital, although Immense in the aggre gate, was under scattered control pay tribute to them. "It is time the common people, the small speculators, learned this trick of the captains of industry, concen trated their scattered capital in one irresistible body, placed it in capable and expert hands and recovered from the kings of the pit some of the mil lions which for years the smaller speculators have been contributing to these swollen fortunes. Your avail able money, added to that of thou sands and tens of thousands of other small speculators, will form a central ized fund of proportions which will dwarf the available money of the big gest speculator who ever operated on the board of exchange the manipu lation of the market by the means of this huge fund will be based upon the investigations of a corps of the shrewdest and most capable crop and market experts in the country, for the huge proportions of the fund it self and the profits at stake not only render the employment of the best talent necessary but also easy, as the proportion of the expense to the ag gregate profits will be trifling. "For purposes of convenience we have placed shares in this great 'Fund W' at ten dollars. If you send mo $100 you will get the profits on ten shares from the moment your remit tance is received—if a thousand dol lars, the profits on 100 shares." This is the gist of the appeal which went out to the cities, towns and rarms of the country. The response was instantaneous and enormous. Al though the scheme was in operatic only a few months it took in over 52,000,000. In the mails of the day on which Post Office Inspector Stuart, of Chicago, enforced the fraud order against this swindle more than $15, 000 In post office money orders alone was received at the "Fund W" :,office. The check books of the concern showed that this money with that re ceived in other forms of remittance was to be used to pay a "dividend" amounting to $20,000. A further ex amination into the affairs of the swindle established the fact that the current receipts from victims were used right along to pay dividends without any regard whatever to any deals on the board or any profits therefrom—and these "dividends" were put Out where they would do the most good in stimulating those who received them to increase their "in vestments" and to spread the news of this quick and easy road to wealth among neighbors and friends. Some of these so-called monthly dividends amounted to more than 12 per cent. Here was actual fulfillment, not promise! When the victims cashed those "dividend checks" and found that they were honored, any misgiv ings they had harbored disappeared and they felt that their financial fu ture was more than assured. They showed these remittance letters to the friends they wished to favor and this process multipled the victims in a cumulative ratio besides drawing a big increase of "investments" from the original victims. Of course the number of the earlier victims was very small in comparison with the crop which this cumulative process of culture developed when once the effect of the stimulant was realized from a broad territory. Therefore it mattered little if the first or orig inal crop of victims received a total of "dividends" amounting to their original investment with a good profit added. So long as new victims mul tiplied in numbers with each incom ing mail and the older ones added to their speculative contributions the "dividend" game could be played with impunity. "Investors" by the tens of thou sands poured an ever-increasing vol ume of money into the treasury or this infamous get-rich-quick swindle, and when the postoffice department shut down the iron gate of the fraud order, thousands of angry letters of protest were sent to the head of the department at Washington. These protests demanding the Inspector's re moval were so strong and carried ev idence of actual profits so plausible that the postoflice inspector was sum moned to Washington to explain the situation. The only explanation which he made or needed "to make was to produce the proofs that the concern had been paying "dividends" from moneys received as investments, not from profits actually earned. He was told to go back to his work. Sub sequently the case was turned over to the department of justice for crim inal prosecution and the men in the swindle—or at least some of them— were convicted and sent to the peni tentiary. But the work of these swin dlers has lived after them in thou sands of other schemes fashioned on the pattern of the "Fund W" in every essential feature. Of course variations in almost in finite number have been deviseJ, and some of them possess a degree of re finement which makes their likeness to the original difficult to distinguish, iiut the possible investor will do well to consider that the actual payment of or the promise to pay an excessive rate of return is sufficient ground for the suspicion that the scheme is questionable and should be sifted to the bottom before any money is put into it. This nation has enjoyed a long pe riod of unexampled prosperity. As a result, thousands of men who a few years ago were either poor or only moderately well-to-do have become comparatively wealthy and have made more money than they need in the operation of their regular busi nesses. In fact, there is a great mul titude of these new capitalists who have retired from their former occupa tions to live on their money. This means that everywhere there is an accumulation of capital seeking investment at reasonable rates, and the man who has a proposition which is essentially sound has only to make proof of this fact in order to com mand all the money needed whether the enterprise requires millions or only thousands. He has no need to deluge the mails with circulars and form letters making appeals to "the people" to come in with their sa.vings. If his enterprise has real substance and bottom he can get the money from a few capitalists with less trouble than AKOTA Every young person needs a [business education and it costs no more to get it at this great Business andTelegraphicTrain ing School, under exact office [conditions, than at one of the small questionable ones. The [results are, however, very dif ferent. 350 D. B. C. pupils went to excellent positions in banks and other business offices last year—over 400 will do so this year. All the Fargo banks em ploy D. B. C. pupils as book keepers, tellers and stenogra phers. No other school offers such evidence of endorsement by business men. is required to write one set of circu lars and form letters. And he does not have to promise "big monthly div idends" or anything of the kind. Cap ital is not impatient when it is se cure semi-annual or quarterly divi dends will answer its purposes very well, and it is generally suspicious of anything which promises an extrava gant percentage of return. In view of these facts there is but one conclusion to be drawn. The invest ment enterprise which has to conduct a house-to-house campaign, by means of the United States malls, or by so licitors, or both of them, to collect the savings of the working people makes practical confession that Its proposi tion is not solid enough to command the confidence of those who are Con stantly looking for places where they can put their money and get a return insignificant in comparison with that promised by this class of financial out laws. (Copyright. by Joseph B._ Bowles.) SOLO'MADE A SENSATION. Barytone Had Caught the Music, But Not the Words. A certain ycuns Unitarian minister is visiting a friend and classmate who lives in Roxbury, says the Boston Her ald, and while the two were sitting around a fire and spinning yarns the minister who is visiting and who comes from the west told this: "When I went west first I was In a small town called e, and in the choir of my church the village blacksmith did the noble work of barytone. He had a voice that could shake moun tains, and whatever it lacked in any other feature it made up in volume. He couldn't read music any more than he could English, but he learned a tune very readily. One Sunday we were to be favored with a new anthem be cause it was a special ocasion, and the barytone had one portion all to himself. Unfortunately he had missed many of the practices. The anthem went along excellently until it came to a beautiful part which read: 'And, dying, bids us all aspire.' Here the rest of the singers stopped short, in that quick, sudden way that choirs have, and in the ensuing stillness sounded the ponderous tones of the blacksmith: 'And dying brides are filled with fire.'" TRAMPS WHO DO GOOD. Apple Tree Johnny Has Successor In Nut Planting Hobo. The story is told of a Pennsylvania 'tramp who in his wanderings up and down on the earth carries his pockets full of nuts, which he plants as he goes. For three years he has followed this practice, says the Virginia Pilot, and during that time is said to have planted thousands and thousands of nuts, always seeking the out-of-the-way spots—rocky hillsides and abandoned lands at the edges of creeks and streams—so that the chances of the trees being destroyed before they grow up and mature will be minimiz ed. This old tramp is doing something more than guaranteeing the future youth of Pennsylvania against the loss of the joy of nutting. He is set ting an example in tree planting which the farmers throughout the land may well follow with profit to themselves and to the country. This nut-planting tramp recalls another member of the wandering tribes. He was known throughout the country as Apple Tree Johnny from his habit of planting ap ple seeds in fence corners and other nooks. Many a wayside fruit tree la said to owe its existence to Apple Tree Johnny. Wire Strike Comes to End. Chicago, Nov. 7—The telegraph strike is ended. After 13 weeks of a labor struggle which has involved nearly 15,000 commercial telegraphers throughout the country, the final ac tion toward terminating the strike was taken Wednesday afternoon, when Chicago local union, the largest local In the country, voted to call off the strike and return to work uncondition ally. Similar action was taken at a meeting of the New York local, opera tors there being directed to return to work. Threatened Lynching in Washington. Spokane, Wash., Nov. 8.—Sheriff Ratliff received word Thursday night that a mob was forming at Elberton to lynch James RoyleBton, who is in jail at Colfax, charged with maltreat ing his 22-year-old daughter. Roylea ton is said to have confessed. British Railway Strike Averted. London, Nov. 7.—Richard Bell, M. P., announced Wednesday night that the railroad dispute had been settled. The details of the settlement, how ever, were not given out NOTICE is hereby given that Gov ernment Special Tax Receipt No. ]3351, issued to John J. Wamberg, dated July 19, 1907, is posted on the prescription case in the drug store building, situated on lot 20, Block 24 in City of Hope that said building is owned by John J. Wamberg. JOHN J. WAMBERG. Dated Oct. 22, 1907. NOTICE is hereby given that the Government Special Tax Receipt, No. 12330, issued to M. N. Mallory, dated June 30, 1907, is posted on wall in prescription room of drug store on the east side of the 52£ ft of lots 13, 14, 15, 16 and 17 in Block 23, Hope, N. D. the leasor of said property being M. N. Mallory and owner being Dr. W. H. M. Philip. M. N. MALLORY. Dated Oct. 21, 1907. NOTICE is hereby given that Gov ernment Special Tax Receipt No 12055, issued to J. W. Needham, dated June 30, 1907, is posted on the pre scription case in the drug store build ing, situated on lot 11, Block 20, first addition to Finley, that said building is owned by J. W Needham. J. W. NEEDHAM. Dated Oct. 21, 1907. NOTICE is hereby given that Gov ernment Special Tax Receipt No. 12940, issued to the Finley Drug Store, Iver Stordal, proprietor, dated July 10, 1907, is pasted on the wall along side of the prescription case in the building on Lot 18, Block 24, First Addition to Finley that said building is owned bv Iver Stordal. IVER STORDAL. Dated Nov. 4, 1907. Mnwaiiiimuyiy Will A Dollar Do? It certainly will. One Dollar will open an ac count at this bank. One Dollar deposited weekly to that account will soon accumulate a good siz8d balance. As your savings increase month month, year by year, when thus set aside in a sayings account,you will br astounded to learn just how much a dollar will do You want a bank ac count—we want to assist you to have one. It only remains for you to bring in your first de posit and you will be "on your way." A DOLLAR WILL DO First National Bank, HOPE, N. DAK. Hocking Valley Soft Goal and Scranton Hard Goal the Best Coal on the market, nice and clean all coal and no dirt. When wanting any give us a call. Our prices will be right. The N. W. Hawkinson Lbr. Co. WM. H. SABIN, M'g'r. 2000 Pounds Per Ton. The choicest of bulk oysters will be found at Meyer's. Money To Loan On Real Estate M.B CASSEI & CO Sherebrooke USINESS Our Business Course prepares for business life, or for position as clerk, or bookkeeper. The new course in Commerce and Banking (endorsed by the Bankers'Associa tion) will supply bookkeepers for the larger concerns and tellers and cashiers for the Northwestern banks. The Stenographic Course (tinder an expert reporter) trains high grade stenographers and court reporters. The stenographers for the U. S. District Court, N. D, Supreme Court and the Cass County Court are D. B. C. pupils. Can any other school offer you this evidence of superior train ing? Notice of Mortgage Sale By Advertisement. NOTICE IS HEREBY GIVEN That that oertain mortgage executed and delivered by William H. Farris and Elizabeth H. Farris, his wife, as mortgagors, to the Hope State Bank, as mortgagee, dated the 26th dav of December. 1905. and filed for record In. the office of the register of deeds of the county of Steele and state of North Dakota on the 27th day of December. at 2 o'clock P. M., and record ed in book "8" of Mortgages, at Page 480. and afterwards duly assigned by the said Hope State Bank to Galbrianna Arnold by assign ment dated January Uth. 1906. filed for record in the said register of deeds' office on Murch 23rd. 1906. and recorded in book "11" of Mort gages. on Page 895, and which mortgage was subsequently assigned by the said Gabrianna Arnold to the Wells and Dickey Company, by a written assignment dated August 20th, 1907. filed tor record in suid register of deeds' office on October 10th. 1907. and recorded in book "13'" of Mortgages, at Page 29. will be fore closed by a sale of the premises in said mort gage and hereinafter described, at the front door of the court house, in the town of Sher brooke. in the county of Steele and state of North Dakota, at the i.our of 2 o. clock P. M. on the 7th day of December. 1907, to satisfy the amount due upon said mov«Jage upon the day of sale. The premises described In said mortgage and which will be sold to satisfy the same are those certain premises situated in. tne said county ot Steele and state of North Dakota, and described as the South West Quarter (S. W. X) of Section Twenty Seven (27) in TownshipOne Hundred Forty Four (144) North, of Range Fifty Six (56) West, And wherea default has been made in the payment of an interest coupon due December 20, 1906, the assignee ot the mortgage here under has declared and does hereby declare the whole sum of principal and interest to be due and payable. There will be due on said mortgage at the date of sale the sum of one thousand nine hun dred and six and 33-100 dollars ($1906.33) and attorney's fees and the costs and disburse ments of this foreclosure, Dated this 14th day of October. 1907, WELLS & DICKEY COMPANY, Assignee ot Mortgagee. GEOUGU M. YOUNG. Attorney for Mortgagee. [First Publication Oct. 17. 07,]7t Notice To Creditors. In the Matter of the estate of Earl J. Pepper. Deceased: Notice is hereby given by the undersigned M. B. Cassell. Administrator of the Estate of Earl J. Pepper late of the City of Hope in the County of Steele and State of North Dakota deceased, to the creditors of. and all persons having claims against said deceased, to exhibit them with the necessary vouchers, within four months after the first publication of ibis notice to said Administrator at the First National Bank in the City of Hope in said Steele County. Dated October 11th A. D. 1907. M. B. CA8SEKL, Admistrator. First publication on the 17th day of Octoher A. D. 1907. STATE OF NORTH DAKOTA. County of Steele. tne In District Court. Third Judicial District. John Towers Plaintiff. vs. Geo. A. Mason. W. H. Hubbard and all other persons unknown claiming any estate in or in erest in or lien or incumbrance upon the property described in the complaint Defendants. S O N S The State of North Dakota To the above nam ed Defendants: You are hereby summoned to answer the complaint in this action, wrich is filed in the office of Clerk of the District Court within and for the said County of Steele and State of North Dakota, at the Village of Sherbi ooke in said County, and to serve a copy of your answer upon the subscriber within thirty days after the service of this summons upon you. exclusive of the day of service, and in case of your failure to appear or answer judgement will be taken agaiinst you by default for the rel ef demanded in the complaint. Dated September. 26th 1907. C. S. SHIPPY Attorney for Plaintiff. the Residence and Post Office address, Hope Steele County. N. Dak. To the above named Defendants: You are hereby notified that the relief sought in'said action consists wholly in excluding the said defendants from any interest in or lien or incumbrance upon specific real property, and that the land to which said action relates is the following described real estate situated in he County of Steele and State of North Da kota, to-wit: Lots numbered 20. 21, 22, 23, 24. 25, 26, 27, 28. 29, 30, 31 and 32 in Block numbered 33 and lots numbered 1. 2. 3. 4. 5. 6, 7. 8. 18, 19. 20, 21, 22. 23 and 24 in Block numbered 43 all in original townsite of the Town (now City) of Hope and lots numbered 9.10. 11, 12, 14 and 15 in Block numbered 35. and lots numbered 13. 14, 15. 16, 17. 18. 19. 20. 21, 22. 23 and 24 in Block numbered 36: and lots numbered 5. 6. 7. 8. 9. 10, 11. 13. 13. 14. 15. 16, 17. 18,19. 20. 21, 22, 23 and 24 in Block numbered 37 all in the First Addition to the Town (now City) of Hope. Dated September. 26th 1907. C. S. SHIPPY. Attorney for Plaintiff, Hope, N. D. (First Publication Oct. 10th 1907.)6t Learn The Barber Trade. a an or Barbers—Big Wages Easy work—j?"ew weeks completes Kxpcrt In structions—Tuols given Diplomas granted For short time illust rated Catalog Explain ing all—FREE. MuHLER BAIiSER COLLEGE, (Established 1893) 23 NIOOLIET AVENUE, Minneapolis, Minn. We Print Sale Bills AND PRINT THEM RIGHT: and we can handle all lines of job printing1— It makes no difference how large or small the job may be. Call at this office and look over our samples of letter heads, envelopes, business cards and wed ding stationery. You'll be pleased with our work, and prices will suit. Best Work... Most Reasonable Prices OLLEGE A Telegraphic and Railroad Course (under the direction oi an old train dispatcher) furn ishes operators and station agents for the G. N., N. P., Mil waukee and Soo roads. The train wires run into the school, all their blanks are furnished and R. R, auditors lecture and give instruction on R. R. ac counting. The roads guarantee positions to all D. B. C. gradu ates. For catalogue and full in formation about any depart ment, address, F. LELAND WATKINS, Pres., 9-11 Eighth St. So., Fargo, N. D.