Dayton daily empire. [volume] (Dayton [Ohio]) 1850-1865, 1863-03-17

A Speculation.-The Cincinnati Com
merciai of Monday states that the heirs Of
the late William Neff, who own the estate Of
some four hundred acres, on which are the
somewhat noted "Yellow Springs" are desir.
Gus of disposing of the place to "Joint
Stock Company" A meeting for the pur-
pose of initiating this disposition of the
Springs estate is called for Wednesday even
ing at the Merchants Exchange, Cincinnati
and to which "citizens OF Columbus Dayton,
and other surrounding towns" are especially
invited
The purpose of this movement is to furnish
"a comfortable resort for families--a retreat
during the hot summer months for all whose
avocations keep them at home throughout the
year The leading inducements offered are
1.-THE easy access to Yellow Springs, its
beautiful and romantic scenery, invigorating
waters, and pleasant neighborhood" The
price at which the Nef heirs propose to con-
vey this property to Company of the char
acter we have already indicated, is $33, ,000-
just two-thirds of the recent valuation.
To community of wealthy gentlemen the
investment of $4,000 for such a purpose ns
that contemplated by the movers Of the meet
ing to convene at the Merchants Exchange,
on Wednesday evening, is not very formid.
able thing. The amount could be taken in
Cincinnati without seriously discommoding
hn Nf h,,n l.
easily pointed out. And we have no doubt
that, could reasonable number of these gem
tlemen see any thing like speculation in it,
they would hardly await the action of the
meeting already several times referred to-
Wealth, however, does not generally serve to
cloud the judgment of the possessor or rem
der him careless Of his possessions 1t is fair
to infer that to his capacity for aceumulating
and retaining means he is indebted for his
abundance.
The desire to acquire more, we have noted,
grows with the years of the capitalist Prob
ably one of the first things he learned in his
career was that which a man most values he
lenst desires to sell and that as long as an
article is worth more than is offered for it, the
holder will not part with il unless he is obliged
to do so. Another item the successful bust.
ness man learns at the outset is to distrust all
oyertures made ostensibly for the Public Good.
With our little knowledge Of the world, we
conclude that the 900 will not be taken
by the capitalists of Cincinnati at once, al
though any third of several hundreds we can
name, could do so without embarrassing them
selves in the least. Hence the invitation to
capitalists from other places.
The Columbus people have already taken
pretty deep interest in the "Whte Sulphur
Springs" and as that Joint Stock Bubble has
pretty essentially aabergssted, they will not be
likely to invest in the same kind of stock
farther away from home, One investment in |
this direction generally has the effect of sat.
islying stockholders for life
The capitalists in this vicinity have their
Phillips House, and certain Railways as souv.
Mrs of Joint Stock" operations, the mem
ory whereof is probably too green for their
ardent participation in the objects of the
meeting on Wednesday evening. But we
may be mistaken in our estimate Of the pleas
ure and endurance Of our capitalists, and for
all we really know to the contrary, they may
crowd to suaocaton the meeting at the Mer-
chants Exchange. II is not probable, how
ever; and the Nef heirs, who have set their
hearia on getlinp clear of the SDrinVa nj two !