Indianapolis Times, Volume 35, Number 229, Indianapolis, Marion County, 2 February 1923 — Page 3
FEB. 2, 1923
SWINDLERS USE BLIND POOLS AS LURE FOR CASH Millions Being Fleeced by Promises of Easy Money Quick, By EDWARD A. SCHWAB, Chief Investigator, National Vigilance Committee, and Better Business Bureau for Eleven Years With Postoffice Inspection Service. NEW YORK, Feb. 2.—Blind pools, very much akin to the notorious Ponzi swindle, still flourish in spite of the Ponzi fiasco and imprisonment.
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Gullible people are still being fleeced of millions by this distinctive swindling scheme. A Blind pool is technically known ns a “participating syndicate,” or “discretionary pooL" Five such pools were closed by the authorities in #a single month. Yet others are now running in big
E. A. SCHWAB cities. I know of half a dozen in New York alone. Three In Baltimore at one time had no fewer than 6,000 members. The branch offiec of another blind pool which had five branches —took in 51,000,000 in a single year. The blind pool scheme is this: A firm advertises it will buy and sell any kind of bonds on the partial payment plan, the customer drawing interest on the whole principal from the beginning. Then the customers are told that a quicker way to make money is through the firm’s “participating syndicate.” High Dividend Offer Prospective clients are assured of from 20 per cent to 120 per cent in yearly dividends, payable monthly, by signing an agreement to pay the firm 30 per cent on their profits and giving the pool's agents full right to trade with their money as the agents see fit. Whether blind pool operators actually do any buying oi selling is a mystery’. They keep going by distributing in dividends a small percentage of the golden flow of money into the office. When something interferes with the enlistment of fresh "clients” the dividends cease, and the blind pool proprietors fade away with the bulk of the clients’ cash. Next: Subscription Rights. Remember Tonsiline TONSILINE is the National Sore Throat Remedy—lt -is sold in every State in the Union. ilo3t people buy a bottle occasionally because liuisr people occasionally have Sore Throat. , They buy it for the prompt, weicotn. : relief it brings to sufferers from this I malady. You can forget Sore Throat if ,’ou will only remember TONSILINE
and get the bottle NOW that wait* for you at jour druggists. Look for the long necked fellow on the bottle when you get _ it. t - So cents and GO cents. Hospital Size, SI.OO.
IwisK'l coSd wear a low neck dress? Why spend time wishing that eruption did not show on your back and arms, when Resinol Ointment wUI doabtless clearit away entirely? Apply freely before retiring end cover erftb a soft cloth. In the moraine you will be mrpriied to note how much of the soreness, roughness and angry look has disappeared. Retinol Soap for the skin and hair cannot be excelled. Sold by all druffisls. Resinol Thin? Rim-down? Sure Way to Get Right Weight InereaeeYour Red-Blood-Cell*.That's the Sure Way! S. S. S. Builds E’codCell*; This Means Strength! Do you know why insurance companies refuse to Insure a great many men because they are under weight? Simply because to ba under weight often protps low fighting-power in the body. It often means you are minus ■erre-power, minus red-cells In your blood, minus health, minus energy, minus rttallty. It is serious to be minus, but the moment you increase the number of your red-blood-cells, you begin to become plus. That's why 8. 8. S.. since 1826. has meant to thousands of underweight men and women, a plus in their strength. Hollow cheeks fill out. Ton stop being a ca-lamity-looker. Ton inspire confidence. Tour body fills to the point of power, Sour flesh becomes firmer, the ago neo that come from thinness disappoor. You look younger, firmer, happier, and yon feel it. too. all orer your body. More red-blood-cells! S. 8. 8. will build them. Ladies and gentlemen, a peakv. bony face doesn't make yon look very important or pretty, does It? Take 8. 8. 8. It contains only pure regetabie medicinal ingredients. 8. S. 8. is sold at all drug stores In two sizes. The larger size bottle Is the more economical. SC £ ™ ake * y°,? H eO*Wo yourself agam
Saturday Will Be Another Great Day of the Expansion Sale! Prices Tumble in a Drastic Effort to Rid Our Shelves of All Winter Merchandise!-
f Prices Have Hit Bottom! >0 Women’s Finest LOTH COATS Luxuriously Fur Trimmed! Coats, Capes, Wraps, Dolmans! IW/ Yes, mos * ever y style that has been so popular this season is j\\igpaSHHfflf included in this rock-bottom price sale. As all woolens have advanced 2;V< it is a wise shopper that selects her Coat now Ij Women’s and Misses’ Sizes, 16 to 44 $25 Fur-Trimmed ISP All-Wool Velour COATS|*„fk jrM W Fair values were never more firmly expressed ) gfr than in this group of Silk Lined Coats. Colors V \rf arp nav Y an d brown. Sizes 16 to 44. J Saturday, a Sale of 360 Spring Dresses It More New Ones Arriving Every Day MATERIALS \ j STYLES Canton Crepes v J Beaded Spanish Laces ) ( Circular A Complete Range of Colors! 2 next season is beginning to assert itself in ifllilHl / \ our popular priced Dress section—and already Ha you will find rack upon rack of radiant lovely Dresses for only SB.OO. Better make your V Women’s and Misses* Sizes, 16 to 44 ,* || Now Is the Time to Buy Your f|pj|i New Spring SUIT G e * a Full Season’s Wear New Twills Balwing HBH Poiret Twi!l oh I II It l i) i Bar,ey Velour Checks [ T l' a it° re{ l, Blouse, Draped, Box and Balkan Models J \ \ And such new ideas! Perky ribbon bowg and shiny metal clasps, lni Btea<J buttons. New long-waisted effects, embroidered in quaint wfv foreign designs. Box suits with alluring sleeves, etc. Select, yours tomorrow. Women’s and Misses’ Sizes, 16 to 44
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Sacrificed! Girls’ COATS ?_£r I so^§ at ° niy \ ry — Finest Broadcloth and Suedine, all colors and styles. Richly fur trimmed. Sizes 2 to 16 years. J 5 Girls’COATS Good warm coats; dressy \ a and sport models; some f A | .JJJ have fur collars. Sizes 2, J to 14 years. ) *
New Arrivals in Spring Millinery Silks j QQ Straw Braids I uS JB a/Q Hair Braids T affetas l Satins 1 A Splendid Assortment! Close-Fitting Poques Almond Black Draped Hats Brown Grey Off-the-Face Red Sand Roll Brims Copenhagen Navy Soft Sports Effects Pheasant Brick
Continuing the Sale of Spring Skirts $4.00 Values CC It n #Ow While these are 18 quality is exceedingly high. $lO and sl2 New Spring Skirts Distinctive models \ a a of finest materials; ( ,i/D a rare opportunity. / -j" Sizes 25 to 32. ) *
THE INDIANAPOLIS TIMES
The Store \ f Watch UtGroui!
[Store Open Saturday Till 9 P. M.;
Special Purchase!
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Brocaded Corsets New Corselettes $3.00 quality, worn- Well made of en's new corsets) If 1 IQ heavy coutil, an ex- j M low and I • ** oellent foundation bust; four hose l Jj, ~ for present styles; ( 1, %/ v supporters. / 2 hose supporters. /
$5 Oxfords, Strap Slippers
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Choose from patent, brown or black calf or kid oxfords. Black satin or brow n calf one straps, brown calf or black kid two-straps and patent leather one-strap styles. Heels are military, low’, baby Louis and Cuban, with rubber heels attached.
STOUT WOMEN Clean-Up Sale of $25 All-Wool Coats “ sl/I^o Trimmed \ Youthful slenderizing styles—dressy and 1-ftilored, richly silk lined. All wanted colors. Special Saturday only. Sizes 43 to 55 $5 Stout Wool Skirts Fashionable new Skirts f\r all-wool velours. Sizes up toly W .5/U 40 waist band. \ fajSS
tINow for a Clean Sweep of Up to $25 n’s 2 -Pants Suits a °tSSL”“ ) 111 %75 \ "S' j Through the a II jjg Tailored Season at $18.50, ( Si *lf ) for Real $22.50 and s2s V || If Sizes Service NOW J 36 to 48 \ Extra Trousers to Match Without Extra Costi In this group are Suits in styles and materials that are just right for year-round wear. In order to clear our stocks quickly we have decided to take a big loss to sacrifice these garments at a price low enough to move them out quickly. Come early bat-
Rainy Seasons Demand Waterproof Gaberdines s°il e Q-75 £ £ ) 10= These Top Coats were tailored to sell at $25.00. However, through a fortunate pick up a little in advance of the season we can offer them at about half price Saturday.
Timely Sale!
Underthings R rJ")00 Stouts ypjgb I OOL Chemise, Camisoles, Bloomers, Step-ins, Pettibockers, Gowns, Princess Slips and Petticoats Beautifully made of Batiste Crepe, Sateen and quality Muslins.
For Women and Misses Advance 85 bpring Jjf Styles! \
Men's and Young Men’s Plaid-Back OVERCOATS Regular ) ft 7 C ( All-Wool S2O Values l ® Belted Saturday \ / Models Saturday we sacrifice 200 Overcoats, tailored of warm fleecy materials, raglan shoulders, patch pockets, etc. As wool has advanced 25% you will do well to buy an Overcoat now for next year.
Men’s Carhartt Overalls and Jackets Wen made of) $ .69 blue white back > V 8 denim. AU sizes. \ JL Men’s 36-Inch Sheep-Lined Coats Mole skin topA a r beaver dyed f •UJ sheeps wool col- f ~ ■ lar. Belted. ) §
Clean Sweep of All Boys’ 2-Pants SUITS
,JR m and Overcoats Knickers Full Lined 'WmW Up, ° 1$ A .95 wm ,#w $15.00 A/i fcgXft Values ) Suits made of long wearing, serviceable fabrics. In newest styles; overcoats of * ■■ LA*-*|L chinchilla and other good materials. Some 4 are lined. Sizes 7 to 18 Years 1,000 Boys * Overcoats and Jjgk Juvenile Suits Jersey, Serge and Tweed mmm 2 s r Values ) M ( Years Panel hack chinchillas, good warm kerseys, etc. Suits in middy, Balkan and Oliver Twist IjJ styles. Save now.
Boys’ Lined Corduroy Pants Strong werinis\i% pants, li nicker g% style. Very special / I J at— | )
Remarkable Purchase and Sale of 1,000 Girls’ Spring KNICKER DRESSES
Rudolph Valentino Corduroy TROUSERS Just Received Another Shipment Plenty of l 3 O All Styles J qJ 20-lnch bell bottoms; navy blue; 16-inch knee, pearl button trimmed; all the rage for young men.
Boys’ Crompton Corduroy Suits $7.50 values; the \ best wearing suit a( J •!/*) boy can buy; Nor-/ folk 6tyle. ) v
.-Hi: 41 -49 Way at $2.29, l i Saturday | Fast Color Ginghams! Beauttful ginghams in bright, fresh-look-ing checks and plaids; also plain ehambrav combinations. Colors are red, brown, blue, pink, green. Choose from a dozen different styles Saturday. Sizes 8 to 14 Years $3.00 Gingham Dresses for Girls 2 to 14 Years Clever new frocks of col-. . orful checks, plaids and \ 1 ,uO plain chambrays; g broidered and contrast j A lngly trimmed.
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