Rensselaer Journal, Volume 10, Number 44, Rensselaer, Jasper County, 11 April 1901 — Buncoed The Teachers. [ARTICLE]

Buncoed The Teachers.

A couple of slick young men have been working among the country school teachers of southern Indiana and have doubtless succeeded in doing a good business. They passed themselves as representatives of the “Teachers’ Library Association” of Chicago, stating that their object was to place within the reach of the teachers of Indiana, literature that would best aid in school and literary work. They agreed to furnish what they called a circulating library of fifty books. This was to be within reach of the subscribers for one year, when it would be exchanged for fifty other good works. The life of the contract was four years No money was asked down, but each subscriber was required to give an individual note for $8 50, and pay a small yearly fee. As they represented that the scheme had the sanction of State Superintendent Jones, they had but little trouble in getting a large number of notes. The notes are now turning up in banks for collection, and inquiry developes the whole scheme a fraud.