The morning comet. (Baton Rouge, La.) 1856-1856, 1856-12-25

| tH5 punt hbtuutluHs u u EiEtsb Sfli
| Whose seat and tehtre ii Wall street
The Whole State Of New York Ii In
terasted Ii lie gambling II The future
values, which Is 50 nightly carried Of
in that locality. The worth Of b large
/ portion Of the acquired earnings Of oul
citizens is constantly disturbed there
Hundreds If millions If dollars Of pr5
pefty weekly experience depreciation
by the arts Of men whose vocation ia tt
play with 1t, as gainesfers play viii
cards.
BY q force Which il 1T present itrps.
isIable, The Stock lGxUbAugs dompels
to It's own daily measures Of yalhe. the
worth Of all lie sliafes 10 the State
which are quoted at lis Board. I'lir-
| ~ million dollars Of Stock ard sedl-
illihs Of the greatest If American Bail.
roads tnay BE owned b. Thirty thons.
and different women. retired mer'
chants, orphan children, md public
charities. Not ohe dollar IF eth +
may lie seeking a purchaser in Wall
street. Yet The organized gambling
there, can Of will invent millions of
both, aud make them the object Of
sales. wholly imaginary aud in which
no property passes, but whose prices
rule dramatically throughout this state
and the nepubIie. A stock which
pays eight per cent and IL fully conf
ded Ii by al who owu II, and should
command quickly ut least q hundred
cents on The dollar il firmly held down
to eighty three cents by one bold man
steady oElefiBg TO deliver II NJ d future
day nj these figures. For all The pufs
poses Of exchange or Of security. a de-
probation tnaY be sustained by ttg
bona ftle owners II The corporate pro-
pefty We have named, within Il few
day 8 time If over FIVE millions Of dol
lars.
No Stock large enough to offer
basis OF operations, can be saved from
this devuuring Gambling He'll As The
script is never used. and never need.
ed as only the differences between
The belted present and future values
are paid-stoek which is Under lock
and key in New England, may have to
release iis worth aud allow 1t 10 be
fingered aid pased from baud to hand
ii Wall street like the ivory ''cbips'
al the fottfe Fl n6p tables Of Baden.
And the bulk Of The transactions on
theShare Exchange are as purely gam
bling. as is the betting on faro On fon-
lette, or OH the time Of d face horse
The tricks and hnaveries known to the |
and to the vile vacations Of
throwing dice and dealing cards, have
their full oountefpafts ii stock sgam-
bling The souls Of men are LOST In 1t, |
full as easily as their fortunes.
To the inquiry, ''what is The effect
upon great mercantile community Of
4 system such as we have briefly
'ketohed,' The ruin Of Schuyler and
he crimes Of Huntington. and the 70.
mud social competition aud
Of much Of New York
life, make partial reply. The gam.
sling OF Wall street, is contagious
Time sales have now transeended the
Share market, and have Como where
never till recently, dared
ntrude. Pig iron is sold on time
he difference III value only TO be deliv-
red the metal never Flour is sold
mot barrel being in hand 80
With beef and pork and corn and
sheAt and cotton and sugar. Their
uture values are bettod on, and men
ngaged to deliver them In quantities
7hleh are never looked for, and in.
eed do not exist. This substitution
{ ehanes for mercantile foretbought,
as Its natural aud fltlous harvest. -
,osses, embarrassment, and bankrupt.
y Of fortune and character, follow Ia
$ wake, as inevitably as poverty and ,
ags do follow dicing.
From this Brokers Board has breath. /
/ upon the city and State Of New
'ork spirr of speculation and gam /,
ling which is .frigbtfully contagious t
nd frightfully4 corrup,ive. Industry !
nd economy and integrity are no '
niger our sole basis Of commercial {
Men are In hot haste to !.
1t rich The gamblers vices, prodi- i
'lity and display are fast becoming :
Of social life in the great :
" of America. Honor and honesty d