[Rarebooks] FS: "Fake" Jewelry on Installments in 1903

Joslin Hall Rare Books office at joslinhall.com
Wed Jun 4 19:10:19 EDT 2008


>From our new BOOKS ON FASHION & JEWELRY Catalog-
<http://www.joslinhall.com/List-6-1-08.htm>

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Mussey, Henry R. "THE "FAKE" INSTALLMENT BUSINESS"  New York; The
University Settlement Society: 1903.

"Being an outline of its development, an account of the revival of
imprisonment for debt and of the other outrages practiced by dealers under
cover of the law, together with suggestions for the destruction of the
'fake' trade".

A study of the so-called "fake" trade -a trade which, according to the
author, flourished exclusively in New York's East Side Italian immigrant
community. Poor immigrants were sold "gewgaws" and jewelry at
"outrageously inflated" prices, often 10 to 20 times what the objects were
worth, and signed a draconian contract for installment payments. The
corrupt dealer then arranged for them to miss a payment and would
immediately demand full payment of the balance.

If the immigrant could not borrow enough from friends to pay, a corrupt
policeman would arrest him, at which point he would either pay up or be
sent to what amounted to debtors prison until his friends and family
finally settled the bill. The author also includes proposed legislation to
correct this scam. This study was reprinted in 1936, and neither printing
is common; OCLC locates just 3 copies of each.

Softcover. 5.5"x9", 45 [1] pages; a poor copy, ex-institutional,
completely disbound with the pages and front cover all loose, and rear
cover missing. In addition the paper is very brittle and the pages and
cover are chipping. For all this, a very scarce item in any condition.
[06884] $125.00


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<http://www.joslinhall.com/List-6-1-08.htm>

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