First, I applied the glue to some pretty junk mail I collected.
Then I waited until the surface was partially dry and used a spoon to press the foil onto the paper.
Rubber Cement did not do very well. It was not tacky enough for the foil to stay attached. The Craft Bond was the definite winner of the two. The only problem with it is it did not create the texture I was looking for, see the mermaid paper doll entry for the weathered look I was going for. Instead it applied the foil on pretty evenly with just minor veining. I had to work at scratching it up to get some of the paper underneath to show through.
I completed the experiment by creating a recycled ATC with my foil and junk mail. I was inspired my son's experience in Art Ho's Mosaic Summer Camp. There are still two weeks left of this camp if you are in the DC area and want to check it out. It is very cool.