We had thought that with all the experiences North Carolina and South Carolina farmers have had with swindling stock salesmen these last two years, it would be unnecessary ever again to warn farmers against these slick-tongued sharpers with their promises of 10, 20, 30, or 40 per cent. We are somewhat surprised therefore, to get a note from a South Carolina farmer in which he says:
“Keep telling the folks not to invest in ‘wildcat’ oil and to beware of agents unknown to them. These sharks are getting thousands of dollars in South Carolina now.”
Such swindlers have robbed North Carolina farmers not of thousands but of millions of dollars.
From the editorial page of The Progressive Farmer magazine, published every Saturday, March 25, 1922
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