Salt Lake Herald-Republican | 1918-08-04 | Page 3 | Cheat Negroes of U. S. Bonds

I 1 CHEAT NEGROES OF OFU U. U S. S BONDS 1 I Unscrupulous Salesmen Offer Offer Of Of- Offer fer Cheap Stocks and Jewelry Jew Jew- elry f in Exchange Dallas Tex Tex- Aug Exploitation 3 of or l I the southern negro who has reached a anew anew anew new s stage tage of prosperity as a n result of or orI record cotton prices and high wages ages I of ot tho the past few ew years has gained such proportions that federal l and state authorities au authorities authorities au- au are preparing for or a n drive on persons who swindle the tho nogio out of or government go war s securities Unscrupulous salesmen have hla flooded the south telling the negro that his Liberty bonds war savings and thrift stamps are of or le less 8 than race face value and offering to take them In exchange for I 1 oil or mine stock or dazzling bits of or Jewelry Negroes all ll through the south Bouth bought freely of government go securities Sometimes Sometimes Some Some- times the they did lid not know Just what the they were buying ne negro ro leaders tiny say ay but knew the government nt wanted money mone and quickly emptied their purses Some thought ht they the were sl instead of They were better 01 off than ever er be before before before be- be fore Those who had farmed on shares the preceding years had obtained more mora money for their cotton than the they ewer ever expected to possess and ami those who worked for tor wages In the fields were paid t twice VIce the wages of or a a. few years ears earsA I ago A letter Just sent out b by Prof E E. L L. Blackshear of ot the tire negro nero extension work In Texas says negroes are being of offered offered offered of- of cheap and often worthless goods with the assurance that their savings sa stamps and Liberty bonds are arc not of par value and will not be for several years It Is then casually suggested by salesmen that tho negro m may bo be before his holdings holding reach roach par T value and emphasis Is laid on the enjoyment en- en Jo ment ho he would get set by 11 tho the immediate immedi- immedi ate ato purchase of or their goods possibly cheap trinkets a n worthless sewing machine machine machine ma ma- chine or musical instrument Professor Blackshear has hl written circular letters to the leaders of ot therace tho the thorace race In the state stata urging Immediate action to stamp out the evil b by a campaign campaign campal cam cam- pal n of education The he Investigation In so far has hns not disclosed dis closed enemy propaganda behind tho the exploitation but the injurious effect on tho the government go campaigns has aroused the Ire of or state and federal officials t