The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-07-16
RICHARD SCHELL, FTNANCIER avn
BTATHSMI


There are in this world three clnssos y,
great men-those who arc born to pr,,,,oss
those who achieve greatness, and those who
have greatness thrust upon them. To the las,.
named not very numerous class Mr. R,h.,t
schell belongs.
We believe Mr.. Sehell ltst saw the lloh, NJ IA.
In the village OF Rhinebeck, Dutchess county.
We have been unable to learn anything dennIts
concerning his boyish DAYS. Nor 90 we <nowM
what particular time he first appeared In Walt
street, the scene Of his financial triulnphs. n.
burst upon the street like a brilliant meteor. ana
Immediately began system Of eccentric stock
operations, which brought everybody In anx
manner connected with them but himself Ia
signal Grief lie soon came to be widel, known
among tho great stock speculators Of the day
While the venerable Drew, who vcntured lust
"onest" too often for his ovn good In the lions
der, was from his great piety and religious fers
vor, christened Uncl, Ddni, the new lylr waf
familiarly STYLED Uncle Dick. Sensitive TO a de-
gree and naturally Of modest and retiring dis>
position Uncle Dick shrinks from anything like
notorioty; and yet no man 10 more emphatlcallf
and essentially a public character. Almost
every other person you meet fancles he his
claim on him. Mr. Schell never believed Ia
doing things by halves. Tie throws his whole soul
-.
self. and thoroughly masters the subject bofors
putting his wel-considcrcd plans In operation,
IIo has made the buying and selling Of stocks
lifelong study. His preat oxperlencc i'm tbess
matters and hia entire willingness TO impart
valuable information TO ypuup beqinnc r. caused
hls advice 10 he at one time much sought after.
1t has generally been conceded that his advice
was always good-for hmsslf. The shrcwdest
operators In the street freely acknowled2s
that no man now alive ia 80 thoroughly
familiar with that Intricate branch of III,
busiaeas known as the selling Of nut
and calls. In fact he has of late years re.
duced this business TO so perfect a system that
NO matter whethor stocks 10 up or down, he
himself cannot bv any chance he a loser ths
losses invariably falling on those who have tho
temerity to stake their money against Irncls
Dicks expertepce Mr. SchelI takes large and
liberal views He IL firm believer In imitation,
and advocates an almost unIimite expansion
of the currency II he had his way, gold and
silver coin would be abolished, and we should
return to the good old Revolutionary days, wheu
everybody had AZ much Continental IN ,ney 40
he wanted. On tho subject OF nn,nce Mr..
scbeu Ia m advapced thinksr Ia has studied
in the school Of tbose great modern teachers ot
political economy who have entirely ex 1loded
the doctrines OF Adam Smith an Ricardo. lis
principles on finance ere peeullarly his own.
Personally Uncle Dlcx il a very agreeable NAM
Hts winning WAYS and genial manners tend I'd
mako him very popular am onr all those peopls
TO whom he has not sold puts and calls, al .hough
these people are not nunIerous As a states.
man he has made his mark and carved for hIms
self niche I'm the temple OF Fame lie war
sent to Washington 70 reures.nt an inteuigont
constituency d,tring thu remainder of an unex,
pired Congressional term. md his speeches OF