The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1871-01-04
From the New York Ledger.
W4NNNNG A LOSS
ny sYLvANUs COBB, JR.

Charles Falconcr was young 70,
30 responsible place. Though
only 'hrec-and-twcnty, he was
cashier in d wholesale house, and
large sums Of money passed daily
through his hands. His fatbc,
had boon n cashier before him, and
1t was beloved TINT honesty ran
in tho blood. From earliest bov.
hood Charles had bccn noted for
tho promptncss and tuithfulncse
with which he had DISCHARGED all
duties dcvolving upon him, and
when it was found that he was
trying to support q widowed mo.
ther, and to help his only sister to
complete tho course Of academic
studios upon which she had enter.
cd, his friends secured for him tho
position of which VIC have spoken.
And so far as the young mans ma
tive qualities were concerned, he
had not been ovcr-ratcd.
But Charles Falconcr was younu
and ambitious. Moving continual
ly in the glare Of great wealth, he
often found himself wishing that
he was rich. And with the glare
OF wealth was tho continuous din
of speculation. At first Charles
thought it looked like gambling.
lie saw men risk their thousands
upon the hazard Of II single tclc-
gram he saw. fortunes stakcd up-
on the events Of tho time rs vet
unborn and he saw mon grow
suddenly rich upon tho lucky turn
ing of die.
At first, We say, it looked to him
like gambling; but ho saw that
those whom ho honorcd and re.
"pectcd often engaged in the busi-
ness and he camo to look upon it
moro lonlcntIy. At length he be-
cnmc aware that his own en,rl,y
trs occasionally vcnturcd large
sums whcro the promise was flat
tcring--doing it,of course, through
II confidential agcnt-and he learn
cd, furthermore, that they were
very fortunate.
One day y friend came into the
.torc, flushed and jublant. lie
had made fifteen thousand dollars
at Il single leap of tho Grand
Trunk stock and he had done all
upon the investment Of five thous-
and dollars. a friendly broker
had advised him that Grand Trunk
was going to jump. The stock
was then at twenty. lie gave the
broker five thousand dollars, and
told him to go in. The broker
took up one thousand shares, pay
ing down five dollars per share,
tho rest to be paid within ten days
On tho very next day the stock
went up to thirty, then to thirty
five, and at this figure tho friend
sold.
Charles thought how grand it
would be if he could make fifteen
thousand dollars as easily as that
But whore should he get the capi-
tai to start with ? lie went out
upon the street and talked with
those who wcro posted. lie talked
with other cashiers who he found
had tried their hand at the golden
game. lie heard that his old
chum, Phil. Bret, had won for
tune, and he went to see him.
allow did you do it, Phil ?"
81 bought just in tho nick Of
timc."
"IIow much ?"
II put out ton thousand dollars
on Dublin and Eric, and made Il
cool fifty thousand by tho opera
tion."
"But whcro did you get tho ton
thousand Z"
II borrowed it,"
"You borrowed ten thousand ?"
"Whcw You're simple, Char
10y. But you can keep u secret p
eyes"
"Thcn you can borrow as did,"
"IIOw ?"
"Aro you not cashier in big
house ?"
From that time Charles Falcon.
er's foot wcro wandering from tho
only safe and reliable path. And
yet he could no, at first so fnl
overcome tho better part Of him.
eolf as to go upon the street with
his employers money. lie dragged
himself down to another plan