Decatur Daily Democrat, Volume 26, Number 55, Decatur, Adams County, 5 March 1928 — Page 3

ftHEN PROMOTERS USE "CHARITY" ID DECOY TRUSTE lit CONTRIBUTOR | n ve»tifation» of Various Schemes for Defrauding Public Out of Money Disclosed by Bankers Association—i*. Many Kinds of Fake Industrial Promo* tions Used as Bait. - » * - By W. R. MOREHOUSE ! i Public Relation* Commlwlon, American Bankers Association MILLIONS of dollars raised under the disguise of charity go to line the pockets of promoters. Ticket sales on rattles are commonly used, and while the loss to any one person who buys a ticket is small the aggregate loss for the

W.R. MOREHOU6E.

was nothing to convey’ any other impression. Apparently it was open and above board and was being conducted by men > who were contributing their time gratuitously. For several days a new automobile, s— —

mounted on a truck, was driven Op and down the streets, with banners telling about the drive for funds for the charitable institution. One day the truck would go by displaying one of the popular makes of automobiles. A few days later it would parade by displaying some other popular make. Periodically the truck would pull into the curb where ft would park for several hours while the promoters pleaded with passers-by to take tickets on the raffle and thereby help a deserving charitable institution to meet its bills. Thousands "Touched” Thousands of people, touched by the appeal for help, bought tickets, the total sale running into the thousands' of dollars. Contrary to the belief of the ticket buyers their contributions did not go 100 per cent to charity. Instead the charitable institution received but 26 cents on the dollar, the promoters getting 52 cents on tho dollar as their net profit, or twice the amount received by charity, while the remainder of 22 cents on each dollar represented the amount charged against gross sales by the promoters as expenses. In other words, every person who bought a 50 cent ticket for the sake of charity, contributed but 13 cents to charity and 37 cents to those promoting the scheme. Whether you give to charity or make an investment it will pay you to get the facts! Unfortunately there is a general impression abroad that wildcat promotions are confined to oil, mining and new inventions. The truth is, many stock selling promotions are operated under the name of other industries. False Claims A certain group of promoters Investigated offered for sale stock in a proposed woolen mill. In order to sell the stock they resorted to the use of misrepresentation and false claims. After renting space on the ground loor of an office building fronting on a busy street they began their campaign. Orally and by printed adver- j tlsements extravagant claims were I made for the proposed corporation i which were grossly false. 1

WASHKOWSKY’S OLD SHOE We call the attention of the Atneri- **" Bankers Association to the case •t Mr. Washkowsky of Brooklyn. Mr. Washkowsky is hartK working and thrifty, but like so many of us his •ducation is defective; who is to blame for that we don’t know. Mr. Waslh kowsky has been saving a part of kis weekly wages for a long time, but kadn t told Mrs. Washkowsky where ke was depositing his nest egg. That * as a mistake, probably, but an in•uiry into it belongs to another branch JJ education with which it is probable fke bankers association cannot be held to have any concern. But with Mr. Washkowsky’s dekository it has. He chose for that purpose an old shoe. He kept the *’’* and its mate in his closet, and to the other day had tucked away a one of them savings amounting to On that same other day Mrs. Washkowsky, rummaging Mr. Washowsky s closet like a good house*ife ’ seeking what she could throw *way or transfer to another place I er e Mr. Washkowsky couldn’t find us Is the habit of good housewives. ">und this same pair of old shoes. We •uppose she said to herself, Mr. Wash wsky not being present to have It ' ' to him, “Isn’t that just like a an? and acting thereupon just like .’® lnan sll e sent the shoes to the th er to 1)6 re P a ' r ed. It was either t or the ash barrel for them, and ng frugal and Mr. Washkowsky pay's the cobbler bills anyway, she sent ® em to the cobbler. A distraught man was Mr. Washw!len he next went to make a in his old shoe. “What new *

1 United States runs into millions of dollars. Usually the promoters of these schemes first make a contract with some charitable institution to conduct a campaign for funds on behalf of the institution. They are to run the campaign in the name of the institution and share the proceeds. The whole scheme .is often one of deception. To those who have beetled to believe that their contributions go practically 100 per cent to charity, the following case we investigated should I prove illuminating. « A number of promoters recently’ contracted with a charitable institution to put on a campaign to raise funds by the rattle of a new automobile. So far as the public could tell from the banners used in displaying the automobile, the full amount of the sale price of the tickets went to the institution. There

> It was claimed that the promotion i had the support of the Chamber of • Commerce, but it did not have any ' such an endorsement. It was claimed i that the corporation had a signed con . tract for the sale of millions of dollars ■ worth of its products—orders enough to keep the mills running day and i night for many years and accordingly insure its success, but all that it had was a valueless fake agreement. It was claimed bv two of the prin cipal promoters that they had had many years of experience in the manufacture of woolens,—in fact had organized and financed a woolen mill which is the largest in the United . States. The facts were these two proThe “Charity" Drive moters had not been connected with any mills for over twenty years and they had attempted at different times to promote mills, al! of which had failed. One of the promoters represented that formerly he was president and general manager of one of the largest woolen mills in Canada. The fact was the mill referred to had gone into bankruptcy and he had been careI taker of the plant. This story of misrepresentation can be duplicated in practically the whole industrial field, and because our industries are being exploited witli in tent to defraud, it behooves every in- | vestor to investigate carefully. He should consult his banker before drawing his savings out and losing them on some wildcat investment.

place,” ho asked in that martyr tone affected oy husbands on similar occasions, “have you found for my old shoes?” Mrs. Washkowsky told him, expecting to be praised for her thoughtfulness. Women—but that's another branch of education. Mr. Washkowsky went to the cob bier and found his shoes, but not the money, which we cannot but feel is not remarkable. We hope he Will find It, but, he hasn’t yet, which again should cause no astonishment. But what we would like th hear from the American Bankers Association is what steps it is taking to discourage people of magpie habits from keeping their money in stoves, shoes, mantle clocks, behind wall picture.-, under floor boards and similar places. We have made no exact calculation, but from casual evidence we are inclined to belief: there are enough funds hidden away in such places in this enlightened and progressive country to pay off the national debt. Not that we advise paying it off, because that would leave congress nothing tc fuss with Mr. Mellon about; but it deposited in banks our banker might have some to lend when we need it. which he now never has; he says money is very scarce. We hold it is not; it is merely in Mr. Washkowsky’s shoe. Seeing that we have been pursuing education, or something called that, for several centuries, we cannot but feel this is a bad showing and that the bankers association is somehow responsible. It hasn't sufficiently Im pressed on the people that it has banks and what they are for. Mr. Washkowsky hasn't heard. And there are a lot of him in this country.— Kansas City Star.

DECATUR DAILY DEMOCRAT MONDAY, MARCH 192«.

HERE’S “MOTHER” AND “S2O BABY” •r' ' t' 1 > " r -J* * FaS• ; I Mrs. Edith L. Boyer and her ‘ sou” Joseph Andrew Boyer, who may bo snatched from millions. “Baby Boyer”, who was purchased from a Canadian girl for *2O by the wealthy wife of the son of ’he head of the Burroughs Adding Machim Co., o>f Lansing, Mich., has been disowned by his supposed father. ‘ What's it all about'’” whimpers the babe as the marital* Boyer storm rages over his own innocent self. , DIVER'VECEIVES MEDAL OF HONOR ...... ..- ...™— <• Aflflflfl^.' iw. ' WSSr * MB f 1/Joi ; ' President Coolidge presenting Thomas Eadie with the most coveted decoration in America —the Congressional Medal of Honor—at Washington. Eadie received the nation's highest award tor his heroic work in trying to rescue the trapped crew of the submarine S-4.

¥*.¥¥*¥****¥**** * CONGRESS TODAY * ¥¥¥*¥********¥¥ House Considers Calendar bills. Agriculture committee begins consideration of Farm reliem measures in executive session. Merchant Marine committee continues shipping hearings. Senate Continues debate on Norris Muscle Shoals Hill. Senator Wabner, Dem., N. Y.. Dem. N. Y. speaks on unemployment. o Jaywalk Into Cars Five per cent of the automobile accidents of the country are caused by persons who walk into the sides of moving machines. Like automobiles running into the sides of trains. o No Expulsions In the school of experience, If you flunk the first year, you are not disqualified from making a new matriculation. but the tuition fee Is sometimes a little high.—Fort Wayne News-Sentinel. o — March Is Dangerous Take Father John’s Medicine To Ward Off Colds

March is the i most flange rotis month of the year because the change of season is more than a good many systems i can stand. Too often it is true thai the sic k “last only till spring.’’ But if the system is fortified, if the impurities are driven from the blood, and' the

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nerve tissues fed with wholesome and strength-giving food medicine, there is no danger in the change of seasons. Father John's Medicine is invaluable as a tonic in the spring. It strengthens the system and drives out the poisonous waste matter--builds up the body It is this power that has made it so successful in treating colds and throat troubles. No weakening stimulants, morphine or other dangerous drugs.

Profit by Past Error* The past is gone, and gone forever. You may learn by your mistakes, but do not be guilty of the slu of constantly worrying over them. Turn your face toward the future. Give your mistakes and blunders u decent burial in the past, and let the memory of them furnish you with implements of industry by which you may operate the gold ndne of future possibilities. — Exchange. 0 Get the Habit—Trade at Home, It Pays

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CLEVELAND PRODUCE Cleveland, Mar. 5 (UP) —Butter, extras In tub iota, 61%-23’,<>''; firsts, 4R-50c; seconds, -II Hie: packing stock 30 32c. Eggs, extras, 31c; extra firsts, 30c; firsts, ordinary, 27Mi<'. " Poultry, heav'y fowls, 2f»-2Ge; medium. 27 28c; Leghorns, 22-21e; old cocks, 1810 c; stags, 20 22c; heavy springers, 2(J-27c. Potatoes, Isi> pound sacks, round whites, Ne-w York, |3.!»0-|4.00; Minnesota, s3.!>>; Michigan, $3.75; Wisconsin, $3.75-13.85; 100-lb. sacks, Texas Triumphs, $1.75-$5.00; Cuban, 45lb., crates, Beds, $3.75-$I.OO; Garnets, bushel, hamper, $1 5o $1 75. o Oh, Rats! A single pair of rats living In moderate circumstances can be responsible sot the arrival of 650,000 rodents In three years.—American Magazine. ■ ■- -——n ————— Shortcutting to Success Another secret of success Is not to waste any of your time thinking up } secrets of success.—Terre Haute Tribune. o For your breakfast during Lent, Hot Cross Buns. Miller's Bakery. • It Stomach Pains am! Rheumatism Gone Had 10 Years of Torture, But Made Quick Recovery. ' Trying to work a farm while crippled with rheumatism anil stomach pains was the hard task faced by Mr. Roy Eastes, Andrews, Ind. He tells of his recovery in a letter, as follows : “I suffered agony from rheumatism and severe stomach trouble for 10 long years. The rheumatic pains were so sharp that I could not bend to put on my shoes. I was in such \ torture the last 3 months that my farm work was neglected. The indigestion was so bad that I had gas, nausea and dizzy spells frequently I was weak, nervous, sleepless, and just worn out with suffering. But today life looks different to me. My rheumatism scarcely ever bothers me I now and my stomach feels tine. I eat hearty meals and they digest without causing gas or distress. The I pains and kinks in my back are gone I and I can work every day. My new I health began the day I started tak- - : ing Viuna, and I am surely grateful i for the wonderful change this mediI cine has made in me.” Viuna acts promptly on sluggish bowels, lazy liver and weak kidneys, it purities the blood, clears the skin, restores ap|w tite and digestion,and brings new strength and energy to the whole body. Take a bottle on trial. Then if you're not glad you tried Viuna. your money will be re funded. $1 at druggists or mailed postpaid by Iceland Medicine Co., Indianapolis, Ind. VIUNA The J! onder Medicine Sold Bv | CALLOW £ KOHNF.

Friends You Can Trust j * • I ? ADVERTISED products are your friends wherever y , you find them. You know them. And you can buy ‘ them with confidence —sure of honest value for your . money. For they have stood the test of public scrutiny, they have been advertised and found worthy. For advertising, after all, is atest —a trial by the fire of public approval. Today no manufacturer would start advertising his products unless he knew ; they were sound and good. And if errors did creep in, he would be quick to correct them, for to hold ? business he must uphold the confidence advertising has created among millions of people for his wares. , ’ ! Advertising brings protection to the consumer, i It guarantees honest value. It sends quality up. The manufacturer who advertises builds up such a ■ j volume of sales that he gives far more in'both quality and quantity than the non-advertiser can poss- * ibly do. f Seek out your friends—the advertised products. ; Favor the dealer who handles them. Look for them . on the shelves. Watch for them in the show win- ■ (lows. They are the hallmarks of a good business ’ house. They are negotiable guarantees of value. > They are friends you can trust. * Advertised products are sometimes not the cheapest you can buy; but they are alwayk the cheapest to own. Decatur Daily Democrat

An American Institution The Standard Oil Company (Indiana) is a thoroughly American institution- American in its / methods, American in its ideals and in its practical way of carrying them out. It has been said that: “Our individualism (in America) differs from all others because it embraces these great ideals: that while we build our society upon the attainment of the individual, we shall safeguard to every individual an equality of opportunity to take that position in the community to which his intelligence, character, abjiity, and ambition entitle him; that we keep the social solution free from frozen strata of classes; that we shall stimulate effort of each • individual to achievement; that through an enlarging sense of responsibility and understanding we shall assist him to this attainment; while he in turn must stand up to the emery wheel of competition.” All individuals in the Standard Oil Company (Indiana) have-equal opjiortunities. Effort is stimulated and effort encouraged among all employes of the Company by the knowledge that each individual may achieve the position “to which his intelligence, character, ability and ambition entitle him.” No man is hindered by an insignificant beginning. No man is helped by power or place his father may have won. Positions in this Company are open to the men best qualified to fill them. Promotion is gained in only one way—it must be earned. The Standard Oil Company (Indiana) has shown an “enlarging sense of responsibility and understanding" in assisting each individual to his highest attainment. Numerous measures have been instituted for the benefit of employes. Through the Industrial Relations Plan, employes have a voice in regulating their affairs. They are provided for in old age by the Annuity Plan. The Death Benefits give further assistance in time of need. Employes are aided in achieving financial security by means of a Stock Purchasing Plan which allows them to purchase Company stock on generous terms. 16,267 men and women are now purchasing stock under this Plan. In providing equality of opportunity for thou- • sands of men and women—in maintaining a warm spirit of friendliness and mutual helpfulness throughout its organization—the Standard Oil Company (Indiana) is expressing American ideals in the large terms of a large business. Standard Oil Company (Indiana) General Office: Standard OU Building 910 South Michigan Avenue, Chicago, 111.

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