But should trouble come along, he is the first to assert
that he has been deceived as well as his customers. He sells the
shares of the mine on a commission basis so large that
practically nothing is left for development. He takes out of the
money secured large salaries and the entire expense of
advertising and carrying on the exploitation. He prepares all the
literature. One of the advantages he claims for his proposition
is the wide distribution of the stock as a safeguard against
assault by wicked Wall Street interests.
CULLED TWO MILLIONS IN FOUR YEARS
In this wide distribution, however, lies one of his own greatest
safeguards against either criminal or civil prosecution.
Scattered over the country are his investors--the mill hand, the
poor seamstress, the humble artisan, whose total investments,
comprising perhaps all their savings, seldom exceed one hundred
dollars each; and, with their savings gone, there isn't money
left to pay carfare to the office of the financial agent, let
alone to undertake a civil suit or enlist the aid of the
authorities. The poor seamstress has no way of knowing any of her
fellow unfortunates.
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