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Alois P. Swoboda, mass-advertising "culture rhythm" man, was enjoined in Brooklyn from selling oil stock to members of his cult by a letter describing one "Dahlgran," alleged oil well locater. Eighteen months ago, Dr. Swoboda took in $70,000 for the stock; no oil has yet appeared. Said the letter: "This man Dahlgran through his power is to serve Swoboda and Swobodians. Dahlgran has located for me what he considers a very extensive oil pool ... and is positive that the first well will be an enormous gusher. ... I personally do not care for wealth for my own sake...

Author: /time Magazine | Title: People: Jul. 7, 1930 | 7/7/1930 | See Source »

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