t22 
THE RURAL, NEW-YORKER 
August 31, 
PUBLISHER’S DESK 
Could you give readers of The B. N.-Y. 
a "write up" concerning the "Lakewood 
Poultry Farm,” later known as "Lakewood 
Farms Co.” of Lakewood, N. J.? This con¬ 
cern is now out of business, I believe. I 
was down that way about two weeks ago, 
and everything is growing up in weeds in¬ 
stead of chickens. From what I have read, 
this original Lakewood Poultry Farm was a 
great place, built up by a man who went 
down there to seek good health. lie did 
a wonderful business and made a huge suc¬ 
cess out of it. A couple of years ago. I 
believe, it was made into a company. Now 
they are extinct, it seems queer how one 
man can build up a poultry business and 
make it pay. Just as soon as they incor¬ 
porate, and start stores selling feeds, incu¬ 
bators and brooders, and advertising for 
money guaranteeing seven per cent, they 
fail. What's the reason? a. l. v. 
New Jersey. 
There is nothing queer about the fail¬ 
ures of these stock schemes at all—it 
would be queer, though, if they didn't 
fail. Our information is in line with 
the statement of this correspondent that 
this poultry farm met with a large meas¬ 
ure of success and the proprietor en¬ 
joyed the distinction of being considered 
one of the foremost practical poultry- 
men in New Jersey. He might be en- 
'joying the fruits of his success yet, had 
he confined himself to producing 
chickens and eggs instead of entering 
into the realms of high finance as a 
nock promoter. The desire to get rich 
quick was evidently the man's undoing 
—when we last heard of him he had 
returned to the city and accepted a 
clerical position at a meagre salary. 
But to show that the failure of these 
stock schemes is but a natural result 
of the false basis on which such struc¬ 
tures are always built, we will use as 
an illustration an average farm such as 
is found in any farming section. Your 
neighbor, we will call him Mr. A., 
owns a farm worth, say $10,000. He 
conceives the idea of forming a stock 
company to take over his farm with 
capital stock of $200,000. By selling- the 
greater portion of this stock to his 
neighbors and others Mr. A. figures lie 
will then have ample capital to open 
“-tores and deliver his milk, eggs, and 
other produce to the consumer direct, 
and thus pay seven per cent, on 
the authorized capitalization. If your 
neighbor came to you and asked you 
to invest in his $200,000 stock proposi¬ 
tion with only a $10,000 farm behind it, 
you would tell him he was crazy to ex¬ 
pect you to put your hard-earned money 
into such infic.ted stock. You would 
know that the iarm was doomed to fail¬ 
ure from the start; the farm couldn’t 
possibly pay the proposed dividends. 
And yet this is practically what the 
Lakewood Poultry farm did, and what 
hundreds of other stock promoters are 
doing right along. In the case of the 
farm you would know that the promises 
of dividends are preposterous, but when 
the big stories are told about a publish¬ 
ing business, a mining scheme or an oil 
well, the promises are made alluring. 
Inexperienced people are caught on the 
gilded bait. The sharp promoter usually 
pays the dividends for a time from the 
money received from the stock sales— 
always with the same result, that the 
principal is irretrievably lost. 
On July 7. 1911. I took 10 < rates of red 
raspberries to the Buffalo & Lake Erie 
Traction Co. depot at North Evans, billed 
to A. J. Ileiser. commission merchants. 165 
Scott St., Buffalo, N. Y. That night the 
express ear that takes our berries from the 
depot found that they could not take all 
the crates, consequently they left my 10 
with some others and went to Buffalo, and 
not until the next morning did they send 
a ear for the rest of the crates. In'so do¬ 
ing they did not get my berries at the 
commission house until half-past 10, and 
that being Saturday the commission mer¬ 
chant held my berries over until the next 
Monday and then he had to dispose of 
them, so he says, at three cents a quart. 
I took his statement down to the claim 
agent, showing him that had my berries 
got at the commission house at time they 
should, they would have sold for 12 cents 
per quart; that is what Mr. Heiser said on 
the statement. Now Mr. Heiser has gone 
one of business and the trolley company 
seems to think that all they have to do 
is play a freeze-out game with me. Last 
Summer found us pretty hard pushed ou 
account of dry weather, and the difference 
■ of berries selling at 12 and only bringing 
'n three on account of negligence seems 
too bad. The general offices of the Buffalo 
fv Lake Erie Traction Co. are Clinton and 
Ellicott street, Buffalo. N. Y. c. L. i. 
Derby, N. Y. 
The subscriber’s loss on this shipment, 
clearly on account of the failure of the 
Buffalo and Lake Erie Traction Co. to 
deliver the -shipment to the consignee 
at Buffalo in reasonable time is $28.80. 
We have had quite a lengthy corre¬ 
spondence with the claim agent of the 
above named transportation company, 
who positively declines to consider the 
claim favorably. In one letter declining 
the claim an agent of the company 
writes, “If we allowed this claim it 
would be establishing a precedent that 
if followed out would bankrupt any 
railroad.” Evidently the B. & L. E. 
Traction Co. are not much concerned 
about how many farmers along their 
line are bankrupt because of their bad 
freight service. We have had consider¬ 
able experience with transportation 
companies, and we dre frank to say that 
never before did we have so just and 
fair a claim refused. This farmer 
could without question get redress in 
court; but the shipper cannot afford to 
go to the expense of a lawsuit over 
$28.80—and that is apparently what the 
transportation company relies upon in 
refusing arbitrarily to allow it. Ship¬ 
pers along the line may benefit by this 
shipper's experience and loss. 
I accidentally read in your “Publisher’s 
Desk” about Industrial Savings and Loan 
Co. I had been expecting to invest .$2,000 
in it, because I have been reading their ad¬ 
vertisements for many years. I have $2,100 
Success bonds, a life subscription to Suc¬ 
cess Magazine and a year's paid in advance 
subscription for my son. When I bought 
these bonds I supposed they were secured 
by first mortgage on all their property, in¬ 
cluding Success Building. Since Success 
failed T have been receiving many letters 
from tbe Tliwing Co. I enclose the last 
two I have received; dated August 3. The 
others were much longer, but this will give 
you an idea of • the rest. Please return 
letters when you are through with them. 
I have asked them several times to send 
me sample copies of The Circle, and send 
me a financial statement, and tell me fully 
the security I would have for the new 
money they asked me to put in. But to 
this they made no reply, and did not send 
any samples. I do not want to throw 
good money after bad money. I once saw 
on a big, high tombstone: “Follow me.” 
And just below some wag had scratched: 
"To follow you I am not content, Until I 
see which way you went.” So I do not 
want to follow the Tliwing Co. until I 
have an idea which way they are going. 
What is your idea about it? 
I wish every State had a “Blue Sky” law 
like Kansas, and the U. S. mail had a 
“Blue Sky” law over it, so as to save the 
$120,000,000 the honest, hard-working, con¬ 
fiding people (ministers, teachers, widows, 
orphans, invalids, etc., etc.), are swindled 
out of every year. It would be a great 
blessing to the swindled, as well as a great 
help to all legitimate business. If a man 
can steal horses and go unpunished, it puts 
the honest dealer to a great disadvantage, 
as well as the man whose horse is stolen. 
He who gets a "Blue Sky” law passed in 
this nation will deserve greatly from man¬ 
kind. d. L 
M issouri. 
We heartily commend the last para¬ 
graph of this letter to the campaign 
managers of the three prominent poli¬ 
tical parties—this issue would not only 
prove a vote-getter, hut the party 
responsible for enacting such a law 
would make the country as a whole its 
debtor for all time. We have expressed 
our opinion of the Thwing Co. propo¬ 
sition freely in this column previously, 
hut for the benefit of new readers and 
those whom the item may have escaped, 
we repeat that the Tliwing Co. are 
merely working the names of the old | 
investors in the Success Co. and Circle 
Pub. Co. as a “sucker list.” There is so 
much in common in the histor of these 
two publications it is fitting that this 
promoter now attempts to organize a 
new company on the corpses of them. 
Each were launched by reputable pub¬ 
lishing houses and soon discarded as 
unprofitable. Then each fell into the 
hands of promoters, and stock selling 
schemes were resorted to in order to 
stave off for a time the inevitable col¬ 
lapse. At the time the Success Maga¬ 
zine finally suspended after an at¬ 
tempted reorganization, the liabilities 
amounted to $665,000, and the entire 
assets sold for between $9,000 and 
$10,000. The old Lewis tricks of ex¬ 
tending the time to the original dupes 
for exchange of the old securities for 
that of the new Thwing Company, by 
putting up cash to the extent of 10 per 
cent of the original holdings, is so al¬ 
luringly expressed in the Thwing Com¬ 
pany letters that one might almost con¬ 
clude Lewis had a hand in writing 
them. Perhaps it is only a case of the 
pupil imitating the master. It’s the 
same old scheme that is worked by 
every stock-selling publisher—and when 
they fail, as most of the stock-peddling 
publishers do, the same tricks are 
played to get a little more money out 
of those who were swindled from the 
start. 
Cows $30 to $65: horses $100 to $250; 
yearlings $12 to $20; young pigs $6 per 
pair. Hay $18 to $22 ; oats 65 cents; po¬ 
tatoes $1.25. Butter fat 24 cents; milk per 
100 pounds, $1.10; eggs 16; butter 20. No 
manure sold. e. j. b. 
Arenac Co., Mich. 
Eggs bring 20 cents, have been 18 cents 
for a long time. Butter is now 22 cents in 
tub, lias been 18 and 20 cents about all 
Summer. Factory pays 25 cents for butter 
fat at farmer's door. Following a great 
drought we are having rain nearly every 
day for late haying and harvest. Crops 
are looking good. Potatoes are $1.20; 
blackberries and red raspberries 10 cents a 
quart. R. D. l. 
Penn Yan, N. Y. 
Simple, Easy to Operate; Canterbury Shaker Dairy 
Demonstrated at the State Fair 
September 9th-14th, Section F, Dairy Building 
-Their mechanical construction is 
the most simple. 
-Correct method of applying the 
vacuum—gently at first, gradually 
increasing until full pressure is 
applied. 
—Individual idea, each machine 
working independently, allowing 
record to be kept of each cow 
—Pail changing idea—no time 
wasted as each pail can be changed 
while machines are at work. 
COME AND SEE THE HINMAN WORK 
Ask for Bulletins of information, telling how our N ew England agents sold LOOO machines 
in 1* months—how our California agent sold ISO machines in a few weeks; 
Letters from well-known dairymen all over the l'. S., who have used the Hinman from 
one to four years. 
Latest Models Will Be Shown—Outfits for Wood or 
Steel Stanchions 
Prices Range From $115 for 10 Cows to $175 for 
25 Cows - Ready to Attach Power 
If You Can’t Come, Write for Bulletins 
HINMAN MILKING MACHINE CO. 
Dept. 10 Oneida, N. Y. 
“20,000 Cows Milked Daily by the Hinman ’' 
FACTS THAT PROVE 
HINMAN SUPERIORITY 
Cyclone Tile Ditching Machine 
pays for itself over hand labor in tiling the first 20 to 40 acres, according to spacing 
of laterals—the added returns from the land, year after year are clear profit. 
When you have finished your own ditching with a Cyclone, yon can make money by cut¬ 
ting tile ditches for others. You can earn more money with a Cyclone Ditching Machine 
than with a threshing outfit which costs about ten times as much. 
Get the facts and see how much a Cyclone will bring you in actual cash in a year. 
Our book lays the whole matter before you. If the 
Cyclone will double your farm profits you want to know 
it. No experience needed 
to operate this wonderful 
/».. m 0 \| 1/B MAS machine but v/e will see 
C fEir // |, 8 //\ /I that some one goes to your 
gggygZfP a Isiw IBM1 farm to make sure that the 
*"***”*” j- machine is set up properly 
SOOrC lolf/I : -l II j ' ~ ijLdS Ftart. You do not pay one cent 
m m a - a.iA mu on til we demonstrate and 
prove to you that the Cyclone 
does every single thing we 
claim for it. Write a postal 
now before you forget. Ask for 
free bookletshowing, The Money 
Making Way of Draining Land. It gives actual photographs ot tbe Cyclone 
at work, and names of satisfied users Also valuable information on 
scientific, money-making drainage. Send that postal now. 
The Jeschke Manufacturing Co., Box 113* Bellevue. Ohio 
Y OU know drainage is the most 
valuable improvement you 
couid make to your farm, 
but you have not felt like 
tiling before because it meant too 
heavy an investment—two much labor 
—too slow a job. Now—the horse 
power Cyclone Tile Ditching Machine 
cuts the average cost of a finished tile 
ditch down to 3 or 4 cents per rod—ditch 
cut—tile laid and covered. 
IVc guarantee this successful horse 
power machine cuts tile ditch, 10 inches 
wide, 24 inches deep, at the rate of 300 
rods per day in ordinary soil. 
In our valuable free book, showing The 
Money Making Way of Draining Land. C.G. Elliott, Drainage Expert of U. S. Dept, of 
Agriculture, shows how with good drainage:—"Land is ready for seeding earlier. Crops 
begin healthy growth at once. Fertilizers are not wasted by surface washing. Crops 
better able to withstand drought. Frost does less injury to crops. Crops make 
much more vigorous growth. Profits from land are greatly increased. Disease among 
farm animals is decreased.” The 
NOW 
YOU CAN DRAIN 
YOUR LAND 
, canvas, 6hoee, harness, saddles, 
buggy tops, etc. Any material, any thickness. Myer** wonder¬ 
ful Sewing Awl makes lockstitch, neat, quick, easy. See that 
reel? It keeps the tension right. Agents Wantkp. Big money. 
C« A.MYLKS l’O n Gil'iN L<.*xing*ton Ave., (’hieapo,IIL 
YOUNG MEN WANTED to learn 
VETERINARY profession. Catalogue 
free. Grand Rapids Veterinary 
College, Dep. 16, Grand Rapids, Mich. 
