Show VIGILANCE BOARD TO T SUPPRESS FAKE SECURiTIES Propaganda Is Planned to Educate Public as to Liberty Lib ert erty Bond Value Special Dispatch WASHINGTON July JulY uly 31 Propaganda educating the public to the value of Liberty Liberty Liberty Lib Lib- erty bonds as Investments also has ha served to aid the flotation of many times more mor mor wildcat securities than In peace times time This was assert asserted d today toay by Louis Luis B B. Franklin Frankln director of Liberty loan organization ori- ori at a conference of 0 of government agencies and other organizations called by the capital issues committee to consider con con- sider alder means of suppressing fake fae stocks tocks during th the war warI wr I Success of oC Liberty loan campaigns h. h lie he said had taught promoters new lessons They have virtually thrown away their old sucker solicited lists he said and thousands of ot wage earners with the plea that government requirements for oil 01 coal and other products call for patriotic citizens to loan money for tor development of ot new wells wels mines or factories Between eighty and ninety per cent fraudulent securities now being marketed are given In exchange for Liberty Libery bonds which c are sold ld by the the promoters promoters MidA said Mid M Mr Franklin l A national vigilance committee of oC bankS bank bank ers era and business men will wi b be organized by the capital Issues committee Wildcat Wildcat Wild Wild- Wid- Wid cat issues will wi be investigated and efforts made to direct public opinion against th thOm them m. m |