The New York herald., 1869-09-30
YALE S q z e =
CONTINUED FROM THIRD PAGE.

10 the means. Less margins must be given TO stock
operatorsn
.uJnscupuous gold gamblers are at the bottom OF
the whole mischief" said the president OF one OF
the largest banks IN The city. Tnese gold gamblers
have carried matters with high hand; they iatten
on the ruin of others; they brought about corner
IN gold; reputable houses toppled down and they
gather up the spoils."
as there no law that can reach these parties ~
'The only law is the law oil morality; but that
unfortunately. does not hold sway IN Wall street."
"Can no law be made ?''
.Ceriainly. Every transaction by brokers should
be taxed. They should he made 10 pay cash at
time OF purchase for every dollars worth OF stock
they buy"
do you think That any such law is likely to be
enacted 10 prevent q recurrence OF crisis like the
proscnt2n
at not very likely, but tie disease carries with
it its own remedy. Saen fluctuations in the price
Of god and stocks as. have occurred within
the past few dsya win make those who
have mouey and regulations to lose eau
tious ~ the future. Thtscaution wi kin all the gold
gamblers rs faro dealers, II there is no 10 bet
against them, they wall have TO close up thor iaro
banks"
"Do you believe this will be the resut2n
'lt ,s 10 be hoped It may be.n
10 ia unnecessary to purssc the conversation. His
opinion as to the causes of the panlc comedies
exactly with that OF the party with whom the pre-
v,ous interview as reported also took place. The
other leading bank officials, with whom subse-
quent interviews were he'd, expressed very similar
opinions to those already given Tie last gentleman
stated further however. That The ppDhc press in the
matter mad erroneously charged tie Clearing
House with being derelct. The Clearing House was
only medium for facilitating exchanges botween
banks, and had nothing whaie7er 10 90 aa 10 bing-
ing about tie present panic.
FORTUNES MADE AND I.osT.
In .he operations at the Stock Board yesterday
fortunes were rapidly won and lost. The London
Exchange or the BouIse have never witnessed any
thing jko 1t. Baden Baden ana all the leyersh ex-
citenent of It's highest players fails 10 furnish fitting
parallel. Faces 1ushed with success and others
wore The paor OF DEATH The greatest excitement
was aiter the New YORK. Central took its upward
leap lrom II to G1.
Il have made $50, ,oOO,u said one as he came fran
ticay leaping down The stairs ino the street.
al have made SI2, 2,C00," exclaimed another.
"ibat is but2 portion to what some Others have
madc,n spoke up fourth.
''siany have lost their al,n broke in still another
and though lie did not say II, his luguhrous LOOKS
clearly Indicated hin as Of the unhappy vctms
GOES IN FOR HANGGNG
"Do you know how | would Get M sensation
ihaI world peat tblS sensation all 10 pieces ~ a
person asked another in front Of the stock board
room.
Cant imagine how you could possibly DO
IT," replied the person addressed, who evi-
dently regarded the noise ana excitement then
prevailing this Vicinity, as The acme OF the SEN
saiional.
"pd Pick out n hundred men; could point ont
and hang them 10 all the lamp posts in the neigh
bOrhood"
"i'd help you," said bysander.
"And here, too," exclaimed another