The number of people ready to buy $200 watches for $20, and then to find them not worth $10, was made known by a recent exposure of pretended Kansas "lotteries." A like eagerness maintains "gift concerts" and similar swindles. Conducted honestly, they would earn fortunes for their projectors, whose instinct, however, is for a total swindle.

The gift swindle is known by its circular, with its voluble assurances that "ticket-holders can confide in our honor"; that the drawing is to be done from two boxes, a securely blindfolded deacon at one and a real blind girl at the other; that all funds received will "remain inviolably pledged for prizes and donations"; that the result of the drawing of the 9,999 prizes by the 99,990 ticket-holders will be telegraphed the same night to all parts of the United States and to Mexico and Canada, and the prizes distributed the day following; that agents may trust the honesty of the enterprise, "as its founders are men of high standing," and so on.

One trick is the "cash assessment on prizes." The investor is notified that he has drawn a $150 prize, deliverable on the payment of "the usual five per cent. for handling," which sum he will "please forward" to the Grand Atlantic and Great Western Monster Gift Carnival and Bottle Washer's Library Fund Association. The gudgeon protests that there was no such condition on his ticket, but not liking to lose $150 by grudging $7.50, "forwards" this sum, and receives $150 worth of stock in the Seashore Gold-Mining Company, or 3 undivided acres in the Atahualpa Swamp—"the directors of the association having recently decided to invest the receipts for their wards, the ticket-holders, in this splendid property." There really need be no ticket drawing or tickets for this swindle, as people who never heard of the enterprise can be informed of their luck, and will all the more quickly forward their "five per cent."

Some readers may remember B. Sharp & Co.'s fine "gift enterprise," whose drawing was postponed so many times on the plea that "the last drawn numbers are as fortunate as the first," as indeed they were. It begged ticket-holders to "exhibit to your friends and neighbors the many rich presents we have so generously bestowed upon you." The "committee" were engaged in the herculean labors of "drawing and registering tickets at the rate of 6,000 per week, and in packing and expressing prizes"; but alas! "owing to unforeseen expenses we have been put to in purchasing presents for our ticket-holders," this is what happened:

We are compelled to make an assessment of 5 per cent. on all prizes over fifty dollars ($50) awarded to them; and in order to expedite the business of the distribution in packing and forwarding the gifts, ticket-holders must within ten days after notification of the value of the gift awarded to them, forward to us the amount of per centage, with directions for the packing and expressing of their gift, or else at the expiration of that time it will be forfeited.

Then there was B. Flat's "National Engineers Gift Enterprise," which with a spice of humor announced that it was controlled by the class of men for whose benefit it was devised—"all engineers." It had as "references" a "State senator" of New York and another of Illinois, a lithographer, an editor, a hardware merchant, and other like distinguished personages, whose callings were proudly set forth, presumably to show that they were not mere adventurers. An enlightened press, if we may believe the circulars, backed up this "association." "Its managers are men of the strictest integrity," said one Milwaukee paper; "We believe they will discharge all their obligations to purchasers of tickets with punctuality and integrity," said a second; "An institution above suspicion, and worthy in every respect of public patronage. The managers we believe to be honest, reliable, and trustworthy," said a third. "The safest investment of the kind in America," said one Chicago paper, unless the circular falsifies; "Considered as a sure success," said a second. One New York paper is quoted as commending the enterprise, and another as thinking that "$30,000 for $2.00 is worth chancing." But when the thing went to pieces, and B. Flat escaped on bail, it was announced that "the swindle had been exposed by the press," as indeed it was.


PEGASUS IN HARNESS.

The muse that in our day quits Parnassus to pay gossiping visits among the pill-kneaders, and to lounge in the haunts of trade, has of late been pressed into service by the guild of beggars. Perceiving, doubtless, that fortunes are got in teas, trousers, and tooth washes by sheer dint of literary advertising, the mendicants too have quaffed the Pierian spring, and now leave their sheets of verses at our doors for the accommodating price of "whatever you choose to give." The rogues have learned wisdom by experience. When a long-winded legislator troubles his fellow Solons with an unwelcome speech, he is sometimes gently rebuked by cries of "Oh, print the rest!" That is what the professional beggars have learned to do. Habitually cut off in their tale of woe at the door sill by an unfeeling "There's nothing for you!" they have learned to print the rest, and now before Dora the doormaid can utter her formula of rejection, a neat circular is in her hand, on which is printed: "Please give this to the lady or gentleman. Will call in an hour."

Such, in fact, was the inscription on a printed page left at the Maison Quilibet this very morning, purporting to be a "copy of verses by a party of mechanics," as indeed one may easily believe that it is, from the internal evidence of such stanzas as these: