202 
THE RX_JRA.I> NEW-YORKER 
.February 6, 1915. 
PUBLISHER’S DESK 
In the last issue of the New England 
Homestead, on page 18, at the top of the 
third column, appeared this paragraph 
in reference to the New York Land 
Bank : 
“But that idea violates nearly all the 
principles which should be insisted upon 
in a farmland mortgage bank in any New 
England State. It gives agriculture 
mighty little show for securing loans, as 
it is framed more in the interest of resi¬ 
dential, commercial and manufacturing 
property. It is so tainted with Tam- 
manyism that it was utterly repudiated, 
in effect, by the farmers of New. York at 
the November election. Their dissatisfac¬ 
tion is so gi'eat that said law may even be 
repealed by the present New York Leg¬ 
islature.” w. w. 
Massachusetts. 
In spite of the hysterical efforts of 
some of its enemies, the Land Bank of 
the State of New York is a reality. The 
$100,000 of cash capital was subscribed 
and paid in in the face of the strongest 
opposition that other interests could put 
up. It was opposed by three classes. 
First, those who did not understand it, 
and feared it might interfere with some 
interest they are now collecting. They 
are beginning to understand that they 
can invest through the Land Bank and 
share in all profits. Second, it was op¬ 
posed by men who wanted easy money 
through government subsidies for specu¬ 
lative land deals. Third, by Mr. Myrick, 
the editor of the Homestead, who ex¬ 
hibits chagrin because no one pays any 
attention to the alleged Myrick credit 
plan, and who can never forgive the 
author of this plan for showing up the 
Myrick fakes and collecting money from 
him for some of his fake victims. 
Tammany had no more to do with the 
Land Bank than the man in the moon. 
No Tammany man had anything to do 
with the preparation of the bill, and it 
is doubtful if a single man in that or¬ 
ganization could tell you today what it is 
for. It was passed by a strong Repub¬ 
lican Assembly, and by. an organization 
Democratic Senate, and signed by an in¬ 
dependent Democratic Governor. It was 
indorsed by the New York State Grange; 
by the New York Fruit Growers’ Asso¬ 
ciation ; by the New York State Agricul¬ 
tural Society, and by independent men of 
all political complexions. It is approved 
by them all now. 
It is not a system exclusively for the 
town and city. It unites the interests 
of both; and everybody knows that the 
farm districts benefit from such a union 
because money is easier in the city than 
in the country. The union of the two 
will make a stronger system than one 
could be alone; but the interests of both 
are fully protected in the law and in the 
Board of Management. 
The Land Bank has now $100,000 
ready to be loaned on the homes and 
farms of the State. As soon as the State 
issues its certificate the loans will be 
made. When this is loaned out, it may 
sell bonds and furnish $2,000,000 more 
for the same purpose. The mortgages 
may be made for 40 years; and they may 
be paid in yearly payments of one per 
cent, a year. The owner gets compound 
interest on his savings. Formerly the 
lender only got it. 
Massachusetts will make no mistake 
in adopting a similar measure. The only 
possible fault with our law is that it is 
possibly too restrictive—too safe for those 
who put money into the bonds—but that 
is a good fault, and it can easily be rem¬ 
edied, if necessary. Besides, the owners 
will get the benefit in other ways when 
the safety of the system and its bonds 
are known. 
Milk and Cream Company. We have had 
complaints from milk producers who have 
had trouble to get money from these peo¬ 
ple for several years past. One of the 
Libermans has been under indictment be¬ 
fore in connection with a horse poisoning 
case in this city. We were never able 
to find that thes^' people had any finan¬ 
cial responsibility that would warrant 
farmers in extending them credit for milk, 
and gave this advice freely in these col¬ 
umns. 
William S. Pugitt of Bayard. Va., 
owes me a balance of $5.20 for peaches. 
Ilis wife reported that they received the 
peaches all right. r. s. 
West Virginia. 
This is a small amount, but a transac¬ 
tion of this kind is particularly aggra¬ 
vating to a farmer. Anyone is at liberty 
to repudiate a just bill, but their credit 
standing is certainly impaired, and it 
simply gives us an opportunity to reiter¬ 
ate our advice—be cautious about mak¬ 
ing shipments to parties with no financial 
standing. Our attorney secured a promise 
from Mr. Pugitt to pay this amount, but 
he failed to keep his word. 
W. O. Chase, of Hillsboro, Ill., under 
indictment in the Federal Court for using 
the mails to defraud, will probably 
escape punishment with a fine. It is 
understood that be will be given an op¬ 
portunity to settle all claims against 
him, and if this is done he will probably 
not bo punished, as the judge has indi¬ 
cated that inasmuch as Mr. Chase raised 
chickens and was not dealing in blue 
sky, the intention may not have been to 
defraud, and Mr. Chase’s failure to sup¬ 
ply stock sold was due more to poor 
business management than to a desire to 
defraud. The many friends of Mr. Chase 
will be glad to hear that he will be given 
a chance to make good.—Local paper. 
The above confirms the warning given 
our subscribers last Summer against 
sending money to this poultryman for 
stock. It is, of course, difficult for the 
courts to determine, in cases of this 
kind, whether the party started out de¬ 
liberately to defraud or not, but the re¬ 
sult is the same to his victims when 
they send money for stock and they are 
unable to get what they pay for, or a 
refund of their money. We are willing 
to give Mr. Chase the benefit of the 
doubt, but we advise our people seeking 
to buy breeding stock to patronize poul- 
trymen that the Federal Department does 
not find necessary to prosecute for fradu- 
lent use of the mails. 
In reading your Publisher’s Desk, page 
22. I note an article referring to A. 
Seckendorf, Bath Beach, N. Y. I have 
had several requests from this person for 
eggs, hut through your columns I have 
read of so many crooked people, I natur¬ 
ally considered this man to be of a class 
that needed watching, and from the ap¬ 
pearance of the stationery that he uses 
I felt further convinced. I also wish to 
say your articles of various dates regard¬ 
ing James Wilcox of 921 Sixth Ave., New 
York, have saved me from getting into 
his clutches, and I only wish more of 
those crooks could be exposed. f. s. b. 
New York. 
Publisher’s Desk is not conducted in 
vain while we have such evidence as the 
above of the service it is rendering sub¬ 
scribers. It would be interesting to know 
how many farmers this department has 
saved from falling into the hands of wild¬ 
cat produce houses, promoters of worth¬ 
less stock, land schemes and the other 
forms of deception and fraud exposed in 
this department. We dare say the aggre¬ 
gate would be in excess of a dollar 
for each reader, or the subscription price 
of the paper. 
Three additional men wanted under 
sealed indictments in connection with 
the Trenton-Remsen Milk Company cases, 
are to be produced before Justice DeAn- 
gelis in Supreme Court at 10 o’clock this 
morning. This was promised yesterday 
afternoon by Lion. John C. Davies of 
Camden, who appears as counsel with 
Edward W. Drecker of New York, at¬ 
torney for Frank Liberman and Henry 
Fineburg, who were brought here Thurs¬ 
day night and held under $25,000 bail, 
charged with grand larceny, first degree. 
About 50 prisoners were arraigned in 
Supreme Court, but the arraignment of 
Liberman and Fineburg was postponed. 
—Utica Daily Press. 
The five men under indictment referred 
to in the above item have conducted a 
milk business in New York City as Liber¬ 
man Dairy Company and Interstate 
During the year ending June, 1914, 
there were 370 convictions by the Post 
Office Department for fraudulent use of 
the mails. Among the schemes were the 
following: Fake land schemes; sale of 
stocks, bonds, medicines and medical ap¬ 
pliances; spectacles; Alfalfa seed; poul¬ 
try, dogs, horses; formulas; interest in 
a fake business; produce commission 
swindle; work-at-home schemes; picture 
puzzle, fake prize, credit letter, C. O. D. 
package and loan schemes; fake corres¬ 
pondence schools, music publishers, de¬ 
tective agencies, astrologers, rating agen¬ 
cies; fraudulent banking institutions and 
insurance claims; buying and selling hay; 
dogs ordered and not paid for, and many 
others. Some of the above were old of¬ 
fenders and warning had been issued in 
The R. N.-Y. from time to time against 
them. In some cases we were instru¬ 
mental in placing the complaints with 
the Department because of some fraud 
practiced upon our readers. The list may 
help to avoid similar propositions. 
YesSirUheNisco 
m 
T HERE’S spreader quality for youl 
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Spreads Seven Feet Wide 
An even, uniform spread whose volume can be altered at will. Our 
drag conveyor prevents spreader racing when going up hill or over fur¬ 
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A Light Draft, Low Down, Full Capacity Spreader 
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. The bed of the NISCO spreader 
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-Aprons.” That’s why the capac¬ 
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Chain Drive—No Gears to Strip, Freeze or Break 
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ASK YOUR DEALER 
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