Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1861-08-05

GREAT SALE or PROAlsEs. ester
day vas the time ssmed Tor the sale Of long
,ist Of asss,s-notss and judgments. ass,gued
BY Cook 4 Sargent. The iiss comprised vari.
oas 'promisss 70 pay bearing on their face
sums varying from Ave dollars Up to twenty
or thirty Thousand. ssd the asuss Of men
whose foaneial standing only three or four
years since. we perfectly usinpeschabls.
The aggregate amount Of these assssts vas,
ve think upvards Of tvo hundred thousand
dollars. Among the list We observed the
nance Of those whose paper wss giItsdgsd st
the time Of making il, but alas for the vics.
situdes Of lifs-hard tines came on even while
The public vac excited by rich spseclstioos TO
a fever hest-vhen men we're DEEPLY engaged
IN investing every dollar they could raise with
an almost ooqusssionsbls certainty Of rssping
spro6t Of twenty, fifty and psrhsps % hun
dred por cent. 10 fsv days OF nsoths at the
farthsrest-aad great vss the fall! Air castles
we're dsshed 70 the ground in frsgm ents !;
Visions Of Lobls fortunes quick made. of pslstisl
mansions, substsntisl bank accounts, broad
acres Of fabulous vslue. plsthorie pursss, and
. free pass from Davenport straight through
to eternity on an sir line with broad guage,
smooth track. Win net . single change of
baggage. we're dispellsd in . breath. and
snd--the rect 10 too well-to seriously kno vn
to require rehesrsal.
what ouri squs upon the glory Of 1857
wss that sale. Oar friend John L. Cofin Of.
fciated - auetionser. He offered piece Of
paper in our hearing. the maker Of which came
10 this city proud. wealthy man. We think
he brought twenty five thousand 10 cash. He
bought hssvily-psid part and gave bic note
I the rsst. HE paper wss then par A. pa
per and soy man would JUMP st it-then.
The note amounted TO thoussnds "How much
AN offered for this note OF Mr.. - for
- Thousand dollars - said Mr.. c. flo. Ii
vas fair question. A deep silence followed
We watched the countsnsnoes Of those Who
would once have jumped at it At par. They
ere bowed and bispk. "Hov much gentle
nen," reiterated the suctioDeer-Hark =
"fi We ,.sn.t.si" shades OF the golden era
Only think Of it: Ave s-n-t-. for - many
thousand dollars! A. if to add insuIt 10 iiju.
ry another sdvsotursr 10 moth eaten paper bid
TIN orNrs !" aud 60 it vent on-s few dimes
we're bid upon it for amusement only. and
down came shs hsmmer-'sold l." fss.s'ld
the buyer vss probably sold too. This 10 bu,
q sample. There we're DO lack Of buyersl There
we're como who went there to speculate on 9th.
ers misfortunss-to grab few bite Of paper
With which 10 hound and hsrrase men 10 low
est OBSERVATION-DISCLOSURES Who ere now strug.
giug TO msintsin their wives and children oy
hard days labor We would not like that b.
.iness-it would not suit our nature. Others
we're there 70 boy in paper u few cents to
help friend free from the tramels OF accused
debt. The vas the most pleassnt Phase OF The
affair. The sale continued from morning tall
night and viii b commenced again this morn
ing Evidences et broken down fortunes wili
be cold to day at the Court House. Evidences
Of homss made desolsts and hearts made ssd !;
evidence Of sad revsrsss, of hard times, vither-
cd hopes end bIssted fortunes viii Be cold ~
auction to-day - The highest bidder. ooy
msmen,o OF worldly ex,savsgsnces-ot Wild
vep,ure.-of speculstioo gone mad Buy
ooe-not to barrss osn already down. bus
as . reminder that al is not gold that glissers.
that . bird in the hand 10 worth
two in the bush = boy one 70 learn
visdom, prudesss aod economy FROM
What wss once ftrtune wss given for six bits,
and VII It VS. once free psss to high honon
among the honorsd. the smiles Of the fsirsst
women and the company ard confidence o.
solid men, will cost bot . dollar o. %. Go
and get piece Of the wreck.