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ALLEGED MAIL FRAUDS.

•TVELL-KNOWN MEN ARRESTED. 3y Telegraph—Pree3 Association—Copyright / ..,■■■ . . Ne,w York, November 18. Juliaii Hawthorne; the novelist,, Josiah •2'iincy, 'ex-Assistant.'Secrctaw for; State, •'.jd : : others 'have been indiAed for : the use of the mails with .intent to defraud. . Th'a.case; involves three million dollars', (460p,000)' : \vdrth - of st;ock sold .'in- miningCfintures. - ■- ' .. .'" GET-RICH-QUICK FRAUDS. AMERICAN PLUNDER SCHESIES. .Mr; Julian Hawthorne is a son of, tho Jatf'.Nathaniel 1 Hawthorne, the famous American, .author, and. is himself well ■Mowi'as-an/author, and ■ journalist. He. 6tiidiedi-at, Harvard arid in Dresden! and be'gaii life as a hydraulic engineer. As a; jdurnalist he'lias of recent years uhdertakeri ' many-'; important commissions' for . leading ' American periodicals. I "- ■Mr;! Josiah.'Quincy is' a well-known 'American pblitician and laiyyer. . He was .. several"'years'. Mayor;.of /Boston, and/has taken a prominent part on the Democratic side in .national politics. 1 - Under the late Mr. ; ,Grover • Gleveland ; he .was. foh six months .Secretary of- Stat® in'- the 'Cabinet.' , ;1 : ; ■•"■; ■The United' States Government haa of , late, years teen' "vigorously/ prosecuting • alleged; postal' frauds.,, The "World's Work" reoently. printed; a long list of fraudulent, companies known in New York,, which had '.been • plundering- the. public, with ,the. aid of literature disseminated through' the .mails', during, the .last : ! eevfln .years, ' It is estimated that these ■ oonoerns ,in that period had defrauded tho public of no less ..than ,£200,000,000. Describing, the process, the "World' 6 Work" said'- . .. . _ . Fitst comes ,t.he„M'4n^with l , t the J Grand Idea. He. may purchascd for' a feiv: dollars the right to call a . mining prospect;, in 'Nevada- or -Cobalt after . his own. .-name. ;JHa-.mayi.have- bonght an' option on .a- "may-be" . oil-well in Cali- ■ He m.ay ; havo patented a' tele-graph-typewriter, or a process of extracting gold'from the sea, or a basket-machine, nr. a .neW Bubstanco like "Kornit.", .It matters' nothing what he has, so 'long M'> 'it-looks- "workable.". - . ' Second stalks the;;"banker," a' proud and ."haughty, man. , He has. -money, of course (but equally: of course), He is not _risking-.it in.developing mines, or starting factories,;, or any foolish, thing like that.' because he-earned it by aiting &s a go-between for needy inventors, miners, and. i manufacturers who' wanted, access, to the money of the people: •Third come the people—the little people —bont with labour, patient through hard saving,• eager,for profit,' hungry for.large income, burning with-the desire-to get'.rich.: By the thousand, every , hour, they pas 3: the banker's . door. -V Combine., these 'three; and there you : are! John • Law did it,, centuries a s*o," in France. They did it in England when they.Vblew'the South Searßubble; Tliev ao.irhere-in New"York, Boston, and Philadelphia,-' '-.Chicago—in -ovcry city where the, flock of ;victims. is big enough, .to make 4 it. worth' the' while, every day that;the' sun is. shining. Tha -'magic agent 1 that'works the' combinafaon -is printer's, ink. - It is a sort' of smolting' process/ Into fin hopper at one end -flows ■ the Great Idea, the' Little People, and a generous flood of Printer's , lnk. ! _ At -the other end, with baskets, • jtands the Han» and the Banker—twin blackguards of the-road. The wheels ro- : rolve, slowly sometimes.'and then swiftly. Into tho waiting baskets/falls a neverending flood of nionev. But from : another spout is poured a different flood—-the waste products of this most ' scientific of modern machines. , Plundered, widows, . broken men' 1 of middle. 'class, shamed clergy, nflod, orphans, beggared girls—a sad arid shameful dump-heap of humanity—thoso' ore the slag aud, ashes of the process of promotion. ' , '

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19121120.2.45

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 6, Issue 1602, 20 November 1912, Page 7

Word count
Tapeke kupu
562

ALLEGED MAIL FRAUDS. Dominion, Volume 6, Issue 1602, 20 November 1912, Page 7

ALLEGED MAIL FRAUDS. Dominion, Volume 6, Issue 1602, 20 November 1912, Page 7

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