The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-10-07
THE Disciples OF JOHN LAW.

The present age is remarkable for many
things. 1t has been called the age of steam,
of lightning, of iron, and Of brass We have
great steamships that skim the Atlantic
within ten days, from port to port. We have
steamboats, rivalling the dolphin in swiftness,
skurrying through our streams. We talk by
lightning, and in speaking with our neigh
bors on the other side Of the ocean, viii
actually get ahead of ourselves and steal
march on time. Iron enters into the COM
position Of everything useful, from palatial
mansion 70 saucepan. And as for brass, many
think that this metal has achieved Waterloo
victory over brains. But there is another
most notable feature of the age, which our
annalists will not be at liberty to forget. 1t
appears to be the accepted time for flnanciers.
There have been money negotiators whom
the world has agreed to call great. There
was the right-hand man and the sheet-anchor
statesman Of LOUIS LIE GRAND-the saga
cious CoLBERT-who found resources for his
masters ambition when France had been
drained for the twentieth time by protracted
wars-a man who really seemed to have the
gift Of Fortunatus. Before that period, SULLY
bad taught HENRY OF Navarro how to raise
kingdom from penury. RoDEBr NORRIS
bought our independence from his own
pocket. ALEXANDER HAMILTON showed
our new Republic how to render its credit
respectable abroad. Bat our fnanciers art
not moved to emulate such examples Fhsy
pass over them all to FIX upon the Scotcl
adventurer, JOHN LAW, as their bean ideGi
Tie Mississippi scheme, with its dazzling
fai ,c of promise, erected upon a basis o
saId, realizes their conception OF what, in thC
pc niiaT tongue of the Brokers Board, Is
st}ied an operation"
'.heir airl is 70 get wide credit, no matter
hcw desperate may be the prospect OF ever
m, citing their engagements, or how valualess
tbc -iocl they veud Giye them credit, and
they can bag al they wish Of Fortunes game
Tie ruin of hundreds whom their schemes
MAJ Geece-tho blasting OF hopes that are the
very Life of the soul as lar as the world o.
trade is commemorative beggary Of families
whom their over-reaching cupidty may rob
are scarcely worth thought. john LAW
was the prince Of fnanciers, and we are his
disciples.
with the gilded dreams of sudden wealth, quit
the certain paths of industry for investment in
hundred companies, which have not the
shadow of the basis of the Mississippi scheme
and nothing to support their credit but tb'
battle-dore and shuttle-cock play Of the gam
blers in fancy stocks.
Could the Scotch adventureF come bael
nom the grave in these days, even with tn
awrai shadow of ruin weighing upon hi
memory, he would find that the world has no
maoe much progress In financial wisdom since
the period when he was the pride Of the Frencl
capital. .,.-.,--
he would be astOnished TO discover how
great a man he could become on Wan o.
Third street With what relish he wouI,
perfect new copper mining or oil coronanv
What splendid field for his geniust But W
need specify no further. His disciples are !
numerous, and their schemes so finely draw
IN emulation OF his glorious example, that h