| Show fROM L STOCK Sensational Disclosures in Experts Expert's Ex- Ex pert's perl's Report on Cash CashI I Buyers' Buyers Union I UPHEAVAL IS PROPHESIED 1 I. I t I. i Attorney General ul Moody CalU POI loi I J I Copies of 1 the h by Telegraph J. J 0 Chicago March Mach 14 S H-S 14 df disclosures lit in iii th the leport report ot itt i tie tie- n.- n. o Investigated the books of the Co Cash h Buyers Buyers' Bunion union were we C foU fel l lowed owed lowed today by excitement in n the of offices of- of oC flees O b the the postmaster stI r general an and ot attorney general in Washington These o made an immediate demand for copteR copies of or th the lie report t at nt once once once-by by telegraph If It possible According to ln the office of ot th the postoffice of pt Chico Chicago who checked the fn in view of oC the exports export's ex cx- x- x ports port's report th the conditions more mOe serious action i tharra thara a trial on the subject of the time solvency Rol of or the concern I A startling upheaval nl is prophesied within a few days I ged J Dream One government nt official who worked ho I over PI O the r report declared ed that the most colo colossal colossal- fl nt of or a n flimsy visionary dream dham within the I scope of or a told the sr story 0 of of the Oa Onh h RUY I union first It national co co operative society The The repot sh shows s that th the capital lOr of jhc conc conc ii 11 that had been paid pall Ill 1 was waR depleted to the last cent Al- Al ros most of stock subscriptions were well lel received h. h d and every v. v r nickel was wass s 81 ent it I is said ald in a a. a way tInt there never ne could be a return r For instance about was wa spent for fOI postage pORtage stamps that wem tl nev mever r u used c The he society so tar far as nR the experts experts' investigation went WAS n ho up tp rca for tal two years arR and six months of ot its IR eat I IsIE isten 1 e. e In that time me n it IdS on ott the merchandise transactions was wa shown by 1 the die balances taken at ar Intervals to ho have been continuous after the first year The h point in iii this df discovery ovelY wh which Ich has ha interested the post pORt om office e I department l Is the tha tact fact that th hue literature lIters litera ture tUt nt sent n out Olt b by Julius J Kahn Jahn ahn as pre prel- prel lI l- l I dent of or he union d declared that di dividends di 1 ld paid from froin Hi the earnings of I th the so society ht will wi be paid 0 Dividends Not ot From om The con contention is that the dividends l ns I were not from th the lie earnings at all ni but but I were WIC paid from the funds rund rc received ed from the hue other stock toJ The r report covers co two sets ct of ac- ac 0 the counts the merchandise the account and anti hI the he stock stOk su subscription account aCcount It Itis I is is' is said Id the c experts declared e l rel th the M of or the society ocl were in bad shape and amul It ioas was with difficulty the true tribe Condition Condi I I lion tion ton was a ascertained iI The figures figures- furnished hel h by h th the experts are arl said Mid to 10 show ho that of time tho Income from Crom stock subscriptions about 1210 10 tOO noo was used In paying pRing dividends dividends- to the subscribers ls p If f that Amount and anti UlC h that ino i t i f l 1 i d l Jj iulo W living I stationery at one il stamps Lia Liabilities hit i its it's li Pile Up In Jn the the merchandise accounts it i was tyas I Isaid said the have hac piled pled up to almost while the a assets sets have o ha J kept on 1 shrinking in as a the In Inventory progressed from front J A. A cO conference wax held tills thIs afternoon after after- noon by the thC federal officers and others i concerned but th the thc r result I ret i ul was as kept see fee The Tho solvency It t-s t 1 s Il said will wi come up for trial before belore Judge Jude Bethea Mop Mop- Mon Monday l day day- |
