*202 
July 10, 1020 
PUBLISHER'S DESK 
All letters to Publisher’s Desk depart¬ 
ment must be signed with writer’s full 
name and address given. Many inquiries 
are answered by mail instead of printing 
inquiry and answer, hence unsigned let¬ 
ter's receive no consideration. 
Last week four oil companies, 12 stock¬ 
broker houses and about fifty individuals 
were indicted by the Federal Grand Jury 
on charge of using the mails to defraud 
through sales of the oil company stocks 
to inexperienced investors. The oil com¬ 
panies were: 
Ranger Oil Company. 
W. P. Williams Oil Company. 
Great Western Petroleum Corporation. 
Crown Oil Company. 
.The complaint alleges that thousands 
©f dollars have been invested in the stocks 
of these companies under representations 
that are false and untrue. In some cases 
it was claimed that the companies had 
wells producing large quantities of oil 
daily, but the facts were that they never 
produced any oil at all. In other cases 
a small quantity of oil has been produced, 
but only a mere fraction of the volume 
claimed, and the small volume was not 
produced at a profit. Dividends were 
paid back out of the money paid in by 
stockholders to induce them and their 
friends to advance more money. This is, 
of course, an old promotion trick, and 
while illegal, it is frequently practiced 
by unscrupulous promoters. 
The Federal inspectors say they have 
other indictments coming against other 
promoters in oil and mineral fake com¬ 
panies. The officials are now receiving 
letters from the deluded investors fran¬ 
tically appealing for the return of the 
money, which is lost forever. Many say 
that the money given the promoters was 
the saving of a lifetime, and the only 
thing that stood between them and want 
in declining years. A woman who put 
in $500 in expectation of sudden riches 
now has to support two children at the 
washtub. An old farmer who invested 
$l.R0O says the loss leaves himself and 
wife penniless, and that the savings of a 
lifetime are gone. 
Almost daily we receive inquiries about 
one of these fake promoting schemes. 
Even our people, who are so much 
warned, seem to feel that they have found 
something special, and want our confir¬ 
mation of the find. The above record is 
a pretry good answer to all. If your 
money goes into the scheme, it is that 
moment lost. 
Another alleged get-rich-quick invest¬ 
ment bubble has burst. Mr. and Mrs. R. 
E. Ramis and Mr. and Mrs. Sam Tranin 
of Kansas City, Mo., are under arrest for 
obtaining money under false pretenses. 
They induced working women, stenogra¬ 
phers. and even successful business 
women, to invest in so-called “business 
deals.” These loans were to be paid back 
with large interest, and this interest to be 
invested in larger loans with an equally 
large increase in the interest. Two 
women are said to have lost in the neigh¬ 
borhood of $60,000. Any proposition of¬ 
fering exorbitant interest and dividends 
will warrant the closest scrutiny. It is 
easier to turn over the money than it is 
to get it back, and the chances are that 
it is lost the moment it leaves your hands. 
Your paper is the only one I ever saw 
that protects people from swindlers. 
Publisher’s Desk is worth more to the 
United Rfates than several Congressmen. 
Pennsylvania. E. R. 
That is a new comparison. Some peo¬ 
ple who know some Congressmen may say 
that it is not much of a compliment; but 
we count it one for Publisher’s Desk. 
About six or seven weeks ago I wrote 
you concerning some oil stock. I must 
say I was on the point of investing, but 
your answer convinced me I was taking 
a risky chance. According to the papers 
today your advice was very sensible and 
opportune. I thank you, and will not 
forget it. T. c. D. B. 
New Jersey. 
The inquiry was about an oil stock 
that was reported to be paying dividends 
at the time. We pointed out that get- 
rich-quick promoters often find ways of 
paying dividends on worthless stock in 
order to catch more “suckers.” We are 
very glad the subscriber took our advice 
At RURAL NEW-YORKER 
and saved his money. There are mau> 
thousands of dollars being lost in “wild¬ 
cat” oil schemes at the present time 
which if invested in the owner’s farn 
buildings and equipment would pay big 
dividends. 
F. S. Saudagger. proprietor of Belrose 
stock farms at Bickford, N. Y., and well- 
known breeder and promoter of Duroc- 
Jereeys, is planning to leave about July 
1 for South America, whereby he will 
study at first hand the market require¬ 
ments in the South American cities and 
find out just what is needed there. 
Mr. Sandagger intends to establish two 
or more farms in South America, stock¬ 
ing them with animals from his farms 
here. One of these farms will be located 
near Lima, on the west coast, and another 
at or near Sao Paulo. The advantage of 
such farms would be that standard United 
States live stock would be supplied to the 
South American trade at prices far below 
anythiug that could be bought here for 
export. In addition to this, the live stock 
from these farms would be already accli¬ 
mated.—Exchange. 
For our own part we think the breed¬ 
ing interests of the United States will 
not be seriously jeopardized should Mr. 
Sandagger confine his interests to South 
America. Ilis l’ecord in this office is not 
a creditable one. Reports from Berk¬ 
shire, New York, from which place he 
advertised last Winter indicate that he 
is an undesirable neighbor, letting his pigs 
run at large, etc., and that he has been 
involved in much litigation in the com¬ 
munity. Mr. Sandagger at times finds it 
necessary to use an assumed name to 
secure privileges which would be denied 
if his identity were known. Such a 
breeder cannot be expected to reflect much 
credit on his brother breeders in foreign 
lands. We hope South America will not 
accept Mr. Sandagger as representative of 
the breeding industry of this country. 
I inclose circulars, literature, etc., from 
the I’elton Publishing Company, Meriden, 
Conn., and some from the Emerson Insti¬ 
tute of Efficiency, conducted by the Re¬ 
view of Reviews Company, of 30 Irving 
place. New York City. The first-men¬ 
tioned firm, or I’elton Publishing Com¬ 
pany. sells a book called “Power of Will,” 
which I have seen advertised in The 
World's Work, and also other books called 
“Power Books” as described in the circu¬ 
lar. The author of these books is Frank 
Channing Haddock, as explained in the 
literature. Who is this Dr. Haddock, and 
is he such a wonderful man? What do 
you think of these books? Would it pay 
for a man to buy them? They are sent 
on five days’ trial. As you will notice 
in the circular, Senator Capper of Kan¬ 
sas is one of the readers of Haddock’s 
books. I do not believe in making so 
much money from those books, but do you 
think a man has a reasonable chance of 
making enough extra money from those 
books to pay for them? Of what help 
have they been to Senator Capper? 
The Emerson Institute of Efficiency 
sells a course which with other instruc¬ 
tions from the institute will teach one to 
become efficient. Do you believe that ef¬ 
ficiency can be taught by mail, and would 
it pay to invest $33 on the instalment 
plan for such a course? Both the insti¬ 
tute and Peltou Publishing Company say 
quite a lot about how much money they 
have helped others to make. I like your 
Publisher’s Desk, and it is the first page 
that I read in your paper every week. 
New York. J. T. 
This class of efficiency “dope” is having 
a big run of late. The Sunday papers, 
highly respectable literary publications 
and the magazines carry many pages of 
this sort of advertising. The Pelman In¬ 
stitute, “Memory Training Courses,” and 
Swoboda’s “Conscious Evolution” all 
come under the same heading. Swoboda 
promises to accomplish for the physical 
human system what the others so gingerly 
lead their prospects to believe will result 
mentally from the reading of the wondei’ful 
books. The results to be expected are little 
less than though a surgical operation were 
to be performed and a brain of a Webster 
or a. Hamilton substituted for that of any 
commonplace individual who may be in¬ 
duced to part with the price. We do not 
know Dr. Haddock, but it is surprising 
it is not claimed that the book is respon¬ 
sible for making Mr. Capper United 
States Senator. In short, The R. N.-Y\ 
regards this class of “dope” about 90 per 
cent froth and “bunk.” None of these 
easy-money schemers is permitted to ply its 
trade through the columns of The R. 
N.-Y. 
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