Argument of a firm of so-called "Turf Commissioners" of Chicago, who claim to make books on the races:
"Our plan insures a steady income on a small capital, such as no other company offers, and far eclipses any mining, oil, or other stock investment."
Argument of so-called racing stable concern of St. Louis, guaranteeing 3 per cent per week to investors of $50 and upward:
"We have a large stable of race horses, which we run at all tracks, winter and summer; we make books wherever racing is conducted, and the proposition we manage pays so well because we know how to run it to that end."
One of the variants of the old turf scheme is the venerable "Two-Horse Special," a fraud that is so old that its whiskers drag about its knees. Here is a sample of the two-horse literature:
"MY TWO-HORSE SPECIAL PLAN."
(Send this slip with remittance.)
No Account Received of Less Than $50.
George F. Stone,
Turf Specialist.
Brooklyn, N. Y.
I hand you ........ Dollars to be used by you in speculating for me, according to your TWO-HORSE WIRE plan of Turf Speculation. You are to play one-fifth of the amount of capital on each special, placing the money to win and also for place. You are to mail for me your selections each day, mailing the same NOT LATER than 1 P. M. You agree to operate the account, MAKING NO CHARGE until winnings equal capital invested. After that 20 per cent of all winnings you are to deduct, and send me the balance by money order, with statement, each week. I can close my account and withdraw any balance due me on demand. My liability is strictly limited to above amount.