Image provided by: University of Oregon Libraries; Eugene, OR
About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 18, 1903)
8 THE SUMPTER MINER Wednesday, March 18, 1903 K ' EXPOSE OF STOCK SCALPING BROKERS Lee S. Ovitt, of Milwaukee, Writes About Fraudulent Promoters. From tho enforced lair in tlio zoological Kiirdens, tho escaping hyunii foil owned tho path to tho city of tho dopiirtod, following Ha natural kIiiiuIIhIi instincts' Close, to shadows of tho nlht tho animal made Its way, with ono un hallowed object In vlow- the finding of iroy that could not offer it renin- tllllCO. Coming suddenly into tho sputlor itiK rayH of tho arc lamp it paiiHod, mill hooaiiHO of tho llht it feared. Dospllo its unclean iiiamiorH, tho uiiliual was not lo lilaino, wlinn tho kcoiiorH found it hllnkliiK uudor tho search IIkIiI of tho Hlrcol It kuvo vi'lit to dismal IiowIh and thou Kh uncanny IiiiikIi. Tho hyoiiii wiih not destroyed, liccuiisn IIh tastes worn vicious. It wiih returned to Kh don and wulchcd, lest tho unsuspecting puhlin should ho Kh victims. Nor 1h tho hyoiiiui tho only ono of Kh kind. In Kh jouriioy into tho iiIkIiI thoro Ih a parallel Tho coinparlHoii Ih IIiIh: An advertisement recently appeared ill a local paper udinnnishliiK stock holdorn in tho Oolonda and others of Kh uliiHH--that Ih, producorH to wrlto for information of Import. Many wroto because within thoni a Ki'i'iit four had lceii Htarttd tho primal four of danger. And (hoy iiuwltiuxly khvo thoir names to u "hrnker ' who sought to liiipoHo upon them Htock In a milling enterprise of iiitHtlonalilo morll. When tho IioiiIIiik Unlit of public Ky reached thin lirokor ho wont hack into tho hIiikIowh whouco ho ciiino. Ilo roarod tho lllit that tho IckIM nialo mail should welcome. AkiiIii, an advertisement of Cracker Orison nlock spurred mo to investi gation for tho advert Iscrs iiaiuo ilid not appear on the corporal 1oiih liookn. Upon wrltliiK I wiih Informed that tho block of C'rackcr-OrcKOii had "jiiMt licctisnld." The broker wroto of tho valiio of IIiIh Htock. Ilo told the truth about It but ho had none to will Did he ever have any to sell? If he did I would have re celed notice of tho transfer; but 1 didn't hear about the transaction. That meaiiH something. it meaiiH that hyeiniH of Iho com mercial world endeavor to keep away from the llylit of Invest ipitlou. it meaiiH that they cell Htock for the commiHHiou they iccelve, irrespective of the vn Inert they nhould jjlvo in return.. Hut the iuvcritorH uro in earnest. If they suspected tho deep laid plot to despoil, or the ludllfereuce as to tho worth of the stocks that are sold, these Inventors would not only hesi tate; they would refuse to invest t The public slums the hyena, lo calise that unfortunate beast was not endowed with the art of deception, and for his urtleess misery ho Is cursed. lint are they open to curses these moil who seek for contributions from tbo coutldliiK? If tlioy are, do these denuncia tions take on suUtautlal form If 1 believe not. Thoro Is it dividing lino between tho truo ami tho false. This divi sion point would bo uppurcnt to any who would tuko tho troublo to in vestibule. Hut pooplo don't iUVCHtlRllto. Thoy rest content in tho cheerful light of confidence and thoy losol My mission has been to mako money, I am told. Weil, Hint's rlKht. It Ih tho truo vorslou. Alak iiiK money and taking nionoy uro processes quite antagonistic. Thus it happens that I haro sought I to educate tho Investing public. Some decry my modern methods of advertising because they four that I havo led them Into some mystto aura t tint warms tliem to unnatural en thusiasm. Lot them rend, however, for education should not bo dls ountod whether it bo advertising or iiowh. I havo ralHod u finger in warning against tho unclean methods of tho pirates fo commerce. Advice without remedy Ih hoto punishment. It Ih not a balm to know that there uro frauilH. - Tho comfort and profit Hoh in their avoid ance by tho security of wholseomo in vestments -and remunerative securi ties, toot I llnd enjoyment in reading the letteiH of tho conscientiously sincere. I admit that I may bouellt by admin (storing the proper advice, lull my honcllt Ih resultant, not primary. It follows as an clfcct, not preceding ns a cause. Tho bcgluiiliig and tho chief end of Investment Ih profit. If that profit Ih not assured, tho proposition Ih like tho tamarack swamps of our uwu Wis consin woeds: It presents an Invit ing appearance, but It Ih treachorous. It lures on with fair prom I so of case, but it draws Kh victim into Its slimy depths. Tin said that limn wiih given speech that ho might hldo his thoughts. If tho truth ill that Ih apparent, look beyond tho honeyed words of premise: Look for Kh truth. If it lacks that, condemn it. If it possesses it, measure it by tho standards of commercial honesty upon which you may depend. Thus has the kaleidoscope of com merce turned again. Do you uoto Kh inyrld changes? L.KB 8. OVITT. Milwaukee, Wis., March 1), 100.1 Federal Department of Mine. Tho most Important subject that can come lioforo any body of Ameri can cltlens at IIiIh time for thoir favorable consideration Ih tho Im mediate establishment of n federal department of mines and mining, whoho secretary shall bo a member of tho President's cabinet. In every way tho use of metallic mid indus trial minerals is being increased in rapid ratio. From tho humblest household utensils to tho tall sky scrapiug building which rivals the tower of lliibel in Kh presumptions altitude, metal is taking tho place of wood and other materials. In this the miners of all sections and of every class uro equally concerned. West ern Mining World. SPECIAL NOTICE If you want to read a free and inde pendent puper, devoted to tho inter est of mining and current events, which is not controlled by any pro motiiit concern, each as most of the papers in tho east are, send for a free sample copy of NEW YORK BANKER HKOADWAY, NKW YOKK Buy At Once PRICES ARE NOW ADVANCING DonVWait GET BENEFIT OF RISING MARKET Eastern Oregon Mining Stocks are in Great Demand. We Have Some Excel lent Investments. A FEW OF THEM Advance Cracker Jack California Cracker Summit Combination Forest (Storm King Group) Golconda Red Bov Gold bug Gold Pan Highland Oregon Mines Exp. Co. (Snow Creek Mine) Oregon Monarch Oregon Securities Also, Several Good Mining Properties, Both Quartz and Placer. WRITE FOR PRICES AND PULL INFORMATION IF YOU HAVE STOCK YOU WANT TO SELL COMMUNICATE WITH US IMMEDIATELY CORRESPONDENCE SOLICITED MARR St DAVIDSON MINING BROKERS Sumpter, - Oregon T. M. LAVIN'S Tonsorial Parlors and Bath Rooms I have just renovated my tonsorial shaving parlors, and at a great expense placed a compressed air plant in my shop ::::::::: COMPRESSED AIR Is one of the latest modern con veniences of an up-to-date barber shop. It imparts a refreshed feel ing and healthy glow to the skin. No extra charge. Give us your pat ronage and assure us of your appreciation of our up-to-date, Twentieth Century methods. Face Massage :::::::::: : Two Doors West of First National Bank : :