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Fraud Charges Against Wireless Combine

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Pacific Press Publishing Association · Mountain View, California · Jul 5, 1910

FromSigns of the Times, Vol. 37, No. 26.

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Fraud Charges Against Wireless Combine

And now the great wireless telegraphy combine is accused of frauds even to the extent of twenty million dollars. It is said that at the very best two per cent of the company's capitalization is property and ninety-eight per cent water. Put in another form, $19,600,000 represents water and $400,000 property.