Ogden Evening Standard | 1910-11-22 | Page 1 | The Fake Promoters

TPR0M0TFR8 Who Have Robbed the People of Millions of Dollars New York, Nov. 22. Th crusade, of Postmaster General Hitchcock against "get-rich-quick" concerns is expected today to cauee & general exodus exo-dus of fake promoters from tiie city. The postmaster general is determined to send to prison this class of promoters pro-moters who, he says, have sold to an unsuspecting public $100,000,000 of worthless securities in the Jai-t Ave years. Mr, Hitchcock today expressed great satisfaction at the start that had been made and declared the government gov-ernment would drive from the country coun-try every "wild cat" scheme to separate sep-arate gullible investors from their money. Officials of the Butt P.rothers Shelton C. Burr president; Frank H. Tobey, vice-president and Eugene H. Burr, secretary' and treasurer arrested arrest-ed yesterday, spent the "night la tho Tombs in default of $10,000 bail each. They will be examined on Monday. The- members of the Burr company are said to have cleared more than $15uOi.i.O0" in their stock operations.