Show r m Y EVENING MARCH MAlCH 18 is 1922 kr ping in Exchange I By Ira C. C Tichenor I ItIE tIE IE fact that the recent failures o of ope openly ly conducted conduct d' d bucket houses that by and amI a number of brokerage were proven ps to h have vc been nothing but bucket shops included ral that dealt to tc a great extent in foreign exchanges merely of have been een adopted hat liat the notorious methods o operating houses hOUses of ot this character bucket shop or illegitimate brokerage house succeeded d dring vb Willie 18 no DO single airing ring the following that rou rounded ded up among th the uninitiated d the am amount of money that that- has bas hastrom in the aggregate s. s of ot the country country- the lt who have been induced d to from the pock pockets ts of f the people Mate in foreign exchange Is many times greater tha than that collected by by bye single e Boston Doston exchange manipulator during the few few mont months s of ot his his t I aton In InIs grossest form of ot deception In connection with wih the trading The Is the conduct of t f a b blind pool ool where the the denas ign come only from deposits of constantly constanty recruited Invest investors rs It Ita I It t that a a fraud also restricted largely largey to Ignorant and unsophisticated currencies or of money that h had d rs 5 was the sale of counterfeit money 1 made worthless b because cause a a a. f foreign I government or bank of Issue had hadn hada n a notice that within a a certain perIod since period Ince elapsed It I must be presented exchanged st ped or Act Actual bucketing It I develops often ofen takes pla place e when foreign bonds or orare al e are sold on the partial pa payment ment P plan or or even even for cash cash as a a acay a aay cay ay be told that his money must go ito tto to Europe and ard he Is Is' Is put off on pretext or another un l th the dealer has to buy at a a much better etter price office ng 9 to the uncertainty that e exists In connection with the issues of ot otra ra ral I. I c countries circulating In this thi country some of the larger New York Yorks itS eland s nd brokerage houses refuse to have any dealing In them judging from the recent disclosures of the bucket shop operations In Yok rk rk the only reasonably safe sate plan for those desiring to trade in exchange Is i to deal directly with legitimate brokerage houses aUng In the cl city In which the Investor lve lives and who ho are in a position to Sih with th reputable foreign exchange houses In the big Investment center |