War on Mail Fraud Promoters
By Editor
Postmaster-General Hitchcock has opened war upon sundry and various promoters who have been using the mails to swindle the American people. It is alleged that during the last five years the public has been swindled out of $100,000,000. One special center of attack is the Continental Wireless Telephone and Telegraph Company. Another is that of the firm of Burr Brothers, bankers, who have alone, it is said, sold more than $40,000,000 of worthless stock. This firm has dealt in stocks in oil, timber, copper, lead, zinc, and gold. We sincerely hope that the prosecutions may be effective. We wish to say to our readers again: Do not listen to the smooth story of promoters of any scheme unless you KNOW the man and the thing.