I decided to organize another Bureau to knock out Dan Smith. The
intention was "to go" our competitor "a few better" in the use of
vulgar horse-racing colloquialisms and exaggerated claims, and thus
nauseate the betting public and "put the kibosh" on Dan. We created a
fictitious advertiser whom we named "Two Spot," and the next morning
there appeared at our instigation in the _Morning Telegraph_ a large
display advertisement, headed substantially as follows:
+-----------------------------+
| TWO SPOT |
| Turf Info. Merchant |
| Terms, $2 Daily; $10 Weekly |
+-----------------------------+
Following the style which Dan Smith had adopted in his racing sheets,
"Two Spot" mentioned in his first advertisement, as a sample of his
line of "dope," four or five horses to win each race, each one in more
grandiloquent terms than the other, but these were selected because
they, in reality, appeared to be the most likely losers of all the
entries.
A woman was sent over to the newly-organized office of "Two Spot" to
take charge of the salesroom. I was completely taken off my feet the
next day when she informed me that the receipts, as a result of the
first advertisement, were in excess of $300, and that the public not
only did not read between the lines, but had actually fallen for the
hoax.
To cap the climax, on the second day one of the "outsiders" which "Two
Spot" named derisively as the one best bet "walked in" at 40 to 1!
Next day "Two Spot" did a land-office business, and within a few days
we figured that the "Two Spot" venture would net $1,000 a week if
continued. "Two Spot" then went after the game hammer and tongs and
endeavored to gage the full credulity of the public.
The distinctive difference between "Two Spot" and Maxim & Gay was
this: Maxim & Gay, except in one instance, which is chronicled herein,
never pretended to have selected a winner when it had not, while "Two
Spot" enjoying the same source of information as Maxim & Gay, worded
his daily advices to clients so artfully as to be able to claim the
next morning in his advertisements à la Dan Smith, the credit of
having said something good about every winner.
The profits of Dan Smith's venture, I was informed, exceeded a quarter
of a million dollars the first year, and the profits of "Two Spot,"
whose career was cut short within a month by a realization on our part
that we could not afford to be identified with such an enterprise, was
divided among the employees of the "Two Spot" office. "Two Spot" had
been brought into being for the purpose of killing opposition and not
for profit-making. The scheme failed of its purpose.
To give an idea of the character of some of the raw kind of
advertising put out by "Two Spot," and for which the public fell, I
recall this excerpt from one of his tipping sheets:
Public-domain text, read in full here on John Shaqi.
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