Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1876-02-18

A rumor that he is i'll sends his stocks down
ten per cent in a minute, and its authorl-
tative contradiction restores it just as quick
ly. lie cannot last long, however, and
when he does 20 under there will be
smash such as the country never saw lie
nss taken advantage Of this fact to manlpu-
late the market himself. Occasionally more
Of the stocks Of his various roads have gone
out of his hands than be desired, and to get
them back cheaply he would take to his
room for day, and let it leak out that LIE
was i'll. His brokers would step IN when
they were down and buy up as much as he
needed for his purposes, when the Old gen
tleman would appear on the street rs smii-
ing as ever. A very talented old man Is
Cornelius.
WALL STREET
Is as old as the city, but its habitues are
not so ancient The average stay OF man
in that street is very brief. He may make
a great deal of money one year, but be Is
morally certain to lose it the next, and
ninety per cent of them 60 out poor
The Oldest man in the street has only
been there twenty seven years. and he
has STAYED that length of time by doing a
strict commission business, and never
taking risk. The Office that this man now
occupies he paid $50 year for at the be
ginning of his career. Now, he Is paying
s., 500 for the same premises. He has one
building that he rents for more money each
year than the premises cost hin, fifteen years
| ago. The majority Of the men on the street
| IN thirty tpIDp the
| ages of three-fourths of them. A man can
live long in that street, for the lie Is one oil
too much excitement. 1t Is the widest
form of gambling known, for there is no
cessation or relief. When the Spectator
has put his all on a'certsin stock it may take
q week for the result to be known, and that
week he carries around with him load oil
anxiety. 1t is with him at his meals, it
walks beside him and sleeps with him, or
rather won't let him sleep. He has his all
staked on events which he cannot control,
and he has to simply wait in suspense tlll
the matter is decided for or against him. Oi
course TO carry this load he invariably re-
sorts 10 stimulants, and the upshot of the
matter is, an early death-bed, and seldom a
very pleasant one But the places OF those
who drop out are filed by q new stock, and
the game goes on forever. The business Is
pure rambling-Wall street doesn't earn a
dollar or produce one. 1t is simply wager
ing money that stocks will 90 up or down
and in most cases the money wagered be-
longs to some one else. A lie that Will IN
flnence stock is considered virtuOus, and per
Jury is not discreditable unless it fails Il
produce the desired effect In brief, II there
is sin that has not been adopted in Wal
street, you may be sure il i only because II
could not be utilized.
ON Thursday night, Mr. Bowen appeared
before a committee of Plymouth Church anc
proposed to appear before committee o
three disinterested men, and prove the trutf
Of what he had asserted, his statements L
be held in strict confidence, but this th'
committee declined Then Bowen said tina
in ten days be would appear before com
mittee of the Church and prove it. As thel
cannot decline this, it is very probable tina
We shall have another summer. of Bescher L
divide interest with the Centennial.
THE GREAT FIRE,
which DESTROYED $4,000 goo Of Iropert.
on the corner Of Grand and Broadway
Tuesday night, shows that New York j
a. shammily built as Chicago was The
buildings destroyed were among the hnes
in the city, externally, but when hr'
touched them they proved to be tn
fimsiest structures Imaginable - lish
thin walls. with pine joists and floor
ing 1t only took an hour for who'll
block to 90 Up. 1t Is a shame tor lnsur
anoe companies to put insurance on sucl
traps Had the buildings been proper,
built the FIRE never would have got out o
the building in which it originated. Their
was Ne wind. the fire department, the hes
in the world, was promptly at work, AMI
the fire. when discovered, had made bu
little Roadway, but vet, before it cou!'
be Subdued, a whole block was con
sumed
TIE death Of young Beers. Of the FIRE de
Iartment, was very sad thing. lie wa
not on duty that night, but was spending th'
evening with the young lady u whom b.
was 10 have been married N a few weeks
lie heard the alarm and, without waiting
moment. rushed to the fire, his betrothe'
following him as far a. the police woul
permit her. Ten minutes after wall fell
burning Beers in the ruins. The poor sr
saw the catastrophe, and was carried to he
home a raying maniac. The builders o
Of those buildings are directly responsible
for at least eight lives.
MOODY AND sANkEY.
The crowds that 60 to hear Moody an,
>ankey at the Iliupodrome are wonderful
There. seem to be good many Christian
left in the city yet, for the vast audience
are still mainly composed Of them.
The idea of the E7angelists Is to work TO
a revival among the churches, first, 50 tina
their members will be prepared to help IL
the work If reaching sinners. Those VIII
scoff are those who STAY away, for it Is i'm
possible to put one s..self under the influence
Of the meetings and not be affected. Ih'
quiet in which the multitudes drift int,