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Show Heccpir.clcs Crammed Wit s Fc!-.2 Securilhs Represent- m V.';:. ; !::!. j. i K' J:e s:if(;rv doposi 5 iif ri.iu-'i .s-u;.i co ild giv(.S i. ii r ! -; ih-n-.i fv-j-i of fake spcurl ! i IIIOIHN' would bt ii. ,ct;:-' "1 M s'i.-tf;r the i "i a "- v. at io n g i:' a ';..!'. Lis (tnanciul barre g !. up. he has i-ot to .stop up tin . 1 l .i!;.; i:i it. This is the ktynote of i i -a- e ynt by Williani Matiiei' 1 UK (iiiylnr of the bavings divts Urn iii the T eas'. ry Department, j -j i!.e Tv. i-l. I h District savinss director.! j i. 'ziu'r ihtm m :i!ij.res.s tl-e wisdom o I holil:ii MVi-wrui'iit securities. 1 "Tlioii'aiids of people in the Vnitec 1 Slaios are iusir.',' Ikeir hard-eaniec j j sa.in s e.e!- d i y because they laci- j ! :)(, .' Ii .jve of financial dealins." con I j iin.n d Sir. Lewis. I litoiil n.imbers o' ; j I f..:e sc -.tune promotera an.d ie;;iinent.- 3 of iiiveitiuent shar'. s. because of thh H popular innorance. are pointing oui ? short reads to bis: fortunes to thost , whose Liberty lioads and War Sav , ints S'sniw tbey hope to secure U" 1 excl.un .e for licanUfuliy embosser' bul 5 absolutely worthless stock certificates v Ti ese fakers the value of gov ; e n soe-uriiies. '1 hey are anxious Ic ; pot ff.etn, for they tU;ure that they wil' , seen be' sell.n at par and, above "They know that lollow.ns the Civil -War the war issues of government securities se-curities soon were above par, and that there is no v.-dl-iu termed person today who do; s not believe that the Liberty Load 4 will sell veil above par, long . beio e their maturity. "But their victims do not know these facts, and so they trade the best securities se-curities in the world for some wild-cat that promises a lii-tia rate of interest. What their chances are of getting stung is iiljsrated by the fact that In Georgia out of 300 applications from a ce;tair. type of company to sell stocli in t! at state, only two have been able to meet the requirements under the blue-sky law and yvere given permits. "The other 29S are probably operating operat-ing somewhere where the going is better. bet-ter. If the Amer' :an people would give to the matter of spending and investment in-vestment money 10 per cent of the thought thoy devote to making it, the high cost of living would be greatly decreased. de-creased. Reckless spending and foolish fool-ish investment are elements in the present situation v. Men can only be remedied by the rank and tile of our people. "As long as easy money is in evidence, evi-dence, the profiteer and the shark wil) prosper." ' |