Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1880-11-10

thousand miles ofrailways in America
From that day forth ] studied the
geography of my country as never be
iore. My little uptown room in the
fourth story was lined with maps o.
American railways, In less than q
week could quote the opening OF
closing prices Of half the stock on the
list.
How patiently lheld on to the tape
along with the other timid and hope.
lul little lambs We would exchange
opinions, encourage each other, and
lay great plans for the future, We
became very confidential, our little
knot around that ticker and when
one of our set lost money he had our
honest sympathy, They were pleas.
ant days these first, for stocks went
up steadily, and il seemed at last,
when and where | had least expected
it, ! was to make fortune without
either care or toll. | am perfectly
certain that in those few weeks grew
to be a better man.
At last | closed out / had in my
hand more than $4,000. had not
invested SO many hundred. What
scribe had ever been so fortunate.
Stocks still advanced. 1t seemed as
II they would never stop going up
| sat down and tried for days to de-
eide what to do. Coolly, deliberately,
and after as much and as mature
thought as | am capable Of | went
back TO Wall street with my money.
had no use for $4,000. / had great
use for $4,000. | hug myself in salts
faction now, to remember that |
thought not so much Of myself as of
my friends at this time. could get
on with that sum well. But away out
on the great gold shore of the vast
west sea | wanted to build home-a
city. | would gather about me the
dear spirits Of old. In some sweet
spot where their were woods and cool
waters, a warm sun, and prolific soil,
we would meet and build city-a
city OF refuge-where every Bohemian
might come and have home, rest,
peace, plenty, so long as he or she
should live or care to stay. even
drew up plan Of my city, and framed
few brief laws for its government, |
named it Utopia
On returning to Wall street, | chose
three different brokers-ono a "bull"
house, one shear house, and one
Conservative house. By this / hoped
to get al! sorts Of opinions. got
them.
With my "bears' sold st. Paul
short. There was talk of rust. grass.
hoppers, rains, floods, st. Paul would
tumble to the centre. 1t had already
advanced from eighteen to sixty. nine.
l sold at sixty.nine, seventy, and
seventy-one.
With the "bulls" bought Pacific
Mail. No danger of grasshoppers on !
Pacific Mail. No drought no floods,
or rust. Pacific Mail had fallen from /,
5ixty-two and would surely 90 up to
eighty. ] bought Pacific Mail and sat J
down to wait for it to go up and st. :
Paul to go down
Things began to move my way.
began to work vigorously on the plans p"
or my city. had arranged to bring !,
ny dear old parents away from the
AZ wost w..ds Of Oregon, whore thoy =
lad dwelt for quarter Of century. !
They bad never seen the great city. !
Now they should see it, hear the =
mighty preachers, and sail on the Az :
antic. Well. [ was !
short of 81. Paul and long of Pacific !,
Mail, ! expected Pacific Mail to 20 ! :,
lp and st. Paul to 60 down. They :
lid, and l had s2l, 900. But that was =
not enough to build city with. | ;,
leld on.
One day it was rumored that the !
'ust was not so bad in St. Paul after !
I'll. 1t began to start upl Pacific :,
Mail began to shoot down. 1t was :
aid that the Chinese had started an !,
opposition line. | tell you it takes a !,
,ig man to sit on two benches at one =
ime. Ten TO one he will split himself a
between the two just as sure as he at. Il
empts it, !
sold some ST. Paul and bought I
more Pacific Mail, but all to no pnr- ! !
'ose. They kept right on. Then | ),
got out Of Pacific Mail at the lowest = =
igure it touched, and bought Wabash. J.
began tofounder, and got frightened :;
sold and bought, and bought and ~
old. frequently saw in the papers II
hat was getting rich in Wall street, - :,
md kept on working like beaver. :,
The end was only question of time. \
One day my broker took me by the !,
leeve and led me like lamb as | was =
side. My fun was over. And Utopia
8 indeed Utopia. =
No one with so little money ever =
ntered Wall street under better ad. = Y
antagcs. All men are were kind and y
ood. ! think no man there ever at. y,
empted to mislead me. But il is sin. y y
ly impossible to make money there y
nd keep it. Let me mention here " y
hat during my six months there ',
aid my brokers in commissions SILL. ~
20 ! These commissions alone will "
eyour any possible profits. y,
OF course, it is not a pleasant thing .,
0 admit ones self beaten. But If this .,
rief history of my venture in this ~ y,
angerous land will diminish at all " =,
hat tired and anxious army of tape. ", "
olders who waste their sholels, their T.
ays, and their strength in vain wait. ~ !,
'g-why, ! willingly bear tho re. "
roach. "
And after all, | lost but little, hav. H. +,
lg but little to lose. And learned a.
0 much, having so much to learn. -, w
- -.
A PooR REFoRMER.-Tho Philadel. a,
hia Times, referring to what General N
Nt..lI 4 l. a..... 4 I