Show crooks get millions I 1 ions yearly ear y immigrants and other foreigner foreigners victims of get rich quick men lin 3 ou u consider that an estimated Is filched by fraud fraudulent ilent nd ind lio pelisa schemes from the an lalle I 1 each bear the importance of protect ine ing the immigrants who ito seek aies ot 0 usefulness useful niss en n our shores fro from be becom tom ine luz dupes in weird si swindles indle cannot be writes lew na allace jr director of united states guern aern ment savings not only are new arrivals to this co country exploited by men with wild cat schemes but thousands aads of foreign born bom citizens in our cities in mines and on farms are the victims of dis honest schemers separate them from their hard earned n oncy oney I 1 have had a better opportunity perhaps than many other citizens to observe graphically the toll frauda lent schemes hae wrested from america a 8 foreign born and especially am among ong the poorer classes of the people As director of the boveri government ainest a savings system it has been my un fortunate duty to examine the distressing letters written by deluded men and women from cities ettles a and nd ham lets all 01 er the united states and I 1 want mant to take this opportunity to gle ghe you instances of such frauds as well as constructive advice fn n how to sae your money with inith the almost security ty the foreign born min with a film lly fly has an innate longing for a home it Is bis his first desire as its soon as he lie gets settled in this country to pro vide a little place for his wife alfe and arid children knowing this the real e es tate shark preys upon the man with alth this appeal grand larceny law avoided for instance large inces of land in new york a 8 metropolitan area within say a 60 mlle mile n adlus of neu e york have been sold us lots to tor for eigners I 1 beard heard of cusce cusis where lots lovit purported to be worth 00 were sold at the ridiculously lov price of ja to this latter price iou ft note Is just half u dollar under the limit needed to prosecute under the brand grand larceny law but behold when the immigrant ind and his happy little family atut out to the lot and began to buld a small house they usually tily found that the property was as burdened heavily by n mortgage mort guge which was part of a blat blanket iLet and also by liens lu fat the tile to in ta of judlin entill against the men who sold the lots other tragic cases brought lo 10 my a attention reNe revealed aled hut that immigrants had purchased lots on the tile plan pails from W to their lifes life savings only to jo tind find that the lota lots baere ft ere not worth orth 71 7 I 1 in n various of the country where the piru 1 Is compo ed of large settlements of or lne ncr ninny many of nhoth 1 lave lime taken out papers the sch eners employ ag agents vints speaking the luu bages of the for ei eigners guers tl TI in tn by lur il it of large profit the gullible i akers are persuaded b their countrymen men to buy quantities of stocks in ol oil 01 und corporation cocq con paulla thee lin linguistic mastle ral rn lemen eimen tall talk the tile foreign into buying mortgages morts ases I 1 pot worth the paper they are written in tn they lure them on with promises of 40 per cent interest or even more on rainbow investments and they invariably charge a high rate of inter est it Is the common practice to sell it these thou th ouanda ands of foreigners shares at from 1 to 3 apiece often ser eral fat tot dividends are Immo immediately paid aad the happy purchaser purchasers see ee ins ing rosy vision visions of bettering their con turn over more of their each week to get more shares of the stock which la tn the end proves orth at a recent metting ot of the legisla th live tle committee on n of im nil migrants frants in isea ne lork arh tuines J 11 son deputy rissi stant district attorney lectured that more than alne had been obtained from hinal cents by tle the under water uter lot swin dit lit mr air ilson for llie the last two tars has specialized in lit eutin 1104 of the lie exploitation of foreigners sold 1 to pe persons rons in the foreign f reign population tn binl later on oil am estimation tile owners einer dincov ered they had bought residence rt lots that were burled buried under he lie waters of I 1 one ong maud sound or mired in lie the marshes of ne new jersey I 1 hint hat Is a dl disgrace grace vt which ilca nil doyil americans must wipe nipe out how can we e expect these immigrants to have any loe ione for their adopted country it they are to be the prey of dishonest schemers 1 eliy hy in new lork state alone 32 per cent of the populate n are aliens NN e expect hero them to develop into good decent patriotic clatl zens shed their blood for our coun tr be true to the lie principles of ainer amer and ue e allow shar pers to t rub rob them of their savings chich bale bae been slowly hoarded boarded after many months of arduous toll A practical remedy there Is now a d practical rera rem rd and it as a loal to aspre espred id the work when PO possible sible not only aifong the foreign born but anions among nitle nithe americans Amp ricans alio lie are in only too many casts fet fel io low victims of the get rich quick promoters I 1 to the new issue of united treasury savings certificates aich since december 1 I 1 1023 have havel been offered to the public in de nomina eions of 25 nad and 1000 at the highly attractive interest rate of 4 pir cent are you familiar alth ft ath these remarkable securities right now I 1 can think of no better investment than united states ury savings certificates which brei are among the most securities issued by our goern government ment declared andrew W mellon secretary seir emry of the treasury the other day they are backed by the credit of the united states pay a liberal rate of interest und are issued in denominations with ith in the reach of all in the sime spirit bankers and financial authorities generally have in dorsch the tile new certificates as ideal investments tor for thy the citizen the worker of moderate means who has only a small amount of money to anest invest and who honts to make sure his money ie Is in absolutely safe hands even naw after tr paury ury savings c certificates hane been offered the pub lie ile since 1021 1 there ac ae a c millions of people who have hae only a vague idea of f what they are and v lore they may he ile obtained fil although if they only knew the fuch facts they would rush to buy them it has only been since december 1 hofei however er that the certificates were offered walli the attractive interest Inte resl rate of aj per cent and from the tilt of report reports coming to my department part ment ican 1 can predict tin u even target inere ln crep ate in the purchase of the bertl cafe cates than last year when the in chelte was over oer the previous bear ear for example in the federal reserve finnk in nione alone a L o 0 burp were bough by the lie duft kitanes I 1 in n the first line dine dois after tact the t tin cutes wi wire re placed on it cilc lip that h bacen baven j jait bat one finnk and in lint lurt one daf cit soon hut but it ches el tea nn an idea ry rf how bagu encerti hotl 00 D the citizens a e I 1 a in ing tie tb i i a bli hit nin mii securities I 1 i we y M shw that it 1 I 1 shock lie the ariit middle cines class hah li Is bra nt s ini in most of lie the new y fi fait fast 1 une one thin the lie 0 government goern o eminent ment i feather sell nion lhnn of tiny one ones frere were I 1 to one hermn n and till this lias haf ibid had a heep the millionaire investor ITI awk b iliof of although I 1 know for a firt that lerose e rose rich men have bought slit Wl tot oti ina the simply to put a wv ad abou arou in tn their safe deposit atilt oh the rei on Is plain T the h e eert cerell jue line 0 m cates tire as good na g ch I 1 I 1 and i a it her I 1 nutter twitter how hoa tile stock it arlet must n the prices of oti ott r aal s tle don t vi he salna s certify ltd ites i a in OT don worth more than ft v i it aff s Z afe e binally paid for them Fur Further therm aion a iry way they may be clishem at an time I 1 eldont t dont fore maturity and the owner N stare obtain 3 per cent eo LIM o 0 P pounded bounded semi annually tm t en oh he be are glad tn bae hae v nev hard that enn be turned into ma res shelf money with little delay ce to and just as I 1 predicted months a m 0 e P official records show that m MB to of lie the moat lievers of 9 a b thoi sho new certificates certificate tire the f c tipeni 0 TIL h C foreign birth it Is v with iab a sih fotr of B I 1 ISO alet and gratitude tude that the are tw toman in to this practical ani j prof flable hl the i estment t pro adel them bv by it P u of 0 trail in hichi they liae placed their theft fc tl 0 elicit faith adde foreigners beav buyer buyers that 1 for dimple in the coni coal d M j Penni hanh in tn the minin toalii ainia tn a bliest cst virglnia VIrEl nIa illinois and rind ulc tc any A my gan in the greit rent e titers liters I 1 nite our ciulei tile lie latest figures itow I 1 wd foreign elti citizens are builte n norett I 1 ire th thoo the average itie 7 tie f atall 1 I billith ceran A try w r extract extraction I 1 0 n are wisely t ift epstin their imir surplus plus q fund in t tw o 0 amo ury it is 1 safo safe chev aty S ife ite As A k h I 1 a united states itself and anti its t twe need tn to v worry orry about tle artis fr 3 inore I 1 being hein lost bj by tire or then theft baco lu they arc are in our o 0 rat 1 athing ton they pay day t P j Y cher Inter Inte ert bettea han titan we couitt eft ret el mule iuah ft ith atily it Is 14 vv the di rid we ne hat been h sh e 00 eo oo yes I 1 these ew lew ertia atee hirer rs domed and backed hy by the erual eru tl a X I 1 i wite n the it aw e 0 flat for the whole nation plo drel iasci in pay back to the linser 1 it t e oria 1171 yoo IOU amount invented plus 4 44 p r acme 1011 end t compounded semi at anally IT I 1 litch watch maturity which Is ue re years broto root I 1 in I 1 daiy diy ay iy of it dor post offices throughout the NOW 0 OT o ij are telling the certificates in k bin him volume it Is in now ow as nv to t bw 1 certificate as it Is to male make n parch kmetz in a store and while vou tou nr ar edw cin nu ing in your money to un le im it iwa i iten dlly working for you s 1 I him vou you the itter n toll ili e thio receive 25 nt at maturity SW will i away y a certificate and w 11 olit brow tor for vou you a certificate that wll wil b br t I 1 1000 in cash in alve yea years rs it T tate a young man who N s it b 0 ted el it 0 get married buying a 25 lerall erti nil TM be each month he will lay le a I 1 1 to i ll 11 its nest egg w in five years that wig i r con considerably in the purchase t far lc V q II 11 home to b for there Is no doul dokht it that will it 1 l ita 1 should ave it 11 0 IOU h eay easy thing to do now that the P a me able new treasury treas nry s q 1 9 sale tile at brict of flees in mi py I 1 dr in all federal Ite reserve serve bank lite if v that o 0 an a the treasury department neton ington D u C ak bl a it if you should brint further A I 1 on your financial problems r t th either emier to me personally in ty 1 sona oa efin or IQ to the director of lot il savings in tn your federal R deerr rv ap brict |