This Unbelievable Ad Appeared in 1920
GLORIOUS OPPORTUNITY TO GET RICH QUICK
Invest in
THE CALIFORNIA RANCHING COMPANY
Now being organized to start a cat ranch in California.
We are starting a cat ranch in California with 100,000 cats. Each cat will average twelve kittens a year. The cat skins will sell for 30 cents each. One hundred men can skin 5,000 cats a day. We figure a daily net profit of over $10,000.
NOW WHAT SHALL WE FEED THE CATS?
We will start a rat ranch next door with 1,000,000 rats. The rats will breed twelve times faster than the cats. So, we’ll have four rats to feed each day to each cat. Now what shall we feed the rats? We will feed the rats the carcasses of the cats after they have been skinned.
NOW GET THIS
We feed the rats to the cats, and the cats to the rats, and get the cat
skins for nothing. Shares are selling at 5 cents each, but the price will go up soon.
INVEST WHILE OPPORTUNITY KNOCKS AT YOUR DOOR
CALIFORNIA RANCHING COMPANY
So what’s the story here? This can’t be a real enterprise can it? The following story appeared in The American Magazine in 1920 explaining the ad.
The Savings & Trust Co. of Cleveland wanted to warn people about bad investments. Continue reading












