10. Paper Cities
All these ads
make patently false claim, particularly when referring to railway lines.
|Of all the "Paper Cities" with
outrageously false claims, Moberly was surely the most blatant
boom-town swindle in the Southwest Corner. It is the only example that
resulterd in a conviction for fraud.
The scheme was so well known at the time that several unrelated news
items joked about it...
Optimism ruled the day...