Suit club

—an a ociation of deluded persons who agree to pay into a common fund (usually held by the organizer of the club, who conducts all its affairs, more or le to his own or only benefit), a fixt sum per week. A drawing by lot deter mins who shall get his suit that week, after which, ordinarily, he pays no further dues; and so on until the last man gets his suit, of course by paying more than anyone else, altho he may believe that he is paying no more than the clothes are worth, by reason of specious arguments about quantity-buying advanced by the plausible organizer of the club, the inducement to all the members being the element of chance, or rather prospect of being among the earliest and least taxt buyers. Of course, there are occasionally formed clubs where all members pay the same amount from first to last, there being no pecuniary inducement beyond the easy payment plan and the po ibility of being an early winner. The first form of s. c. has repeatedly been declared illegal by the courts but is hard to suppre , despite the exemplary punishment meted out to the offenders.