Evening star. [volume] (Washington, D.C.) 1854-1972, 1882-12-08
streaked with the good wine and brandy he has

q
crat in him. He was for several years in the
brokers' business with Leonard Jerome and
they have kindred feeling about horses and
sporting matters. Travers has humor, which
Cammack has not. He is quaint, peculiar. in
domitable in his passion to make money, and is
regarded as one of the stirring characters about
town. Around these men assemble number
OF the sporting characters of uptown. and take
their points as to the future Of the stock mar
ket You see the McCormacks, who were in
terested with Morrissey, join the Esd street
party often.
Down towL the broker who operates with
this element is Charley Osborn He is a large
heavy, fattish, black-eyed, vOluptuous-look-
| ing man, with smile on his face, yet a sharp
crafty look out of the eyes now and then.
and ne. between his love of physical sports and
| genius for making money in the street. has
become one Of the most successful men Of his
stamp, and is now worth more money than ever
before, some putting it as high rs s.. 600 900.
His office is not many doors from the stock eX-
change, and las the usual labyrinths. closets.
back parts, side parts and front parts. and gen.
orally significant character of these curious
places. Unlike many of the brokers' he not
only buys for customers, but goes IN for himself.
He makes pools and combinations, takes in
various railroad men of speculative turn. and
he is admirably adapted to plague any vested
him to make q raid upon.
THE BEAR GENUS.
None of the men possess any influence outside
of Wall street. They do not belong to general
public occurrences, have no hand in philan-
thropy, politics. material operations. They are
deeply enamored of just what they are doing
betting that some mans property or manage
ment will come to grief. 1t might be supposed
that people doing this kind of thing from the
beginning of the year to the end would be mel
anchOly subjects. These men manage. however
to make themselves believe that the institutions
and properties they are fighting are tyrannica
nstrumentalities in the hands of men who are
deceiving the public and the mass They take a
certain heroic self-esteem to themselves when
they see some property they have besieged be-
gin to show the signs of their shot upon its
walls, just as when band of engineers Or
sappers mark gun slenced in some fortress. or
see the mine sprung and the defenders blown
into the air.
Most of the elements in human nature COM
bine to make men bears rather than bulls A
bull is generally man with q good weak
heart-a hopeful person, regarding his country
and fellOwctiZens in the best light and he
thinks that what they do. particularly with him as
leader. is to be wise and profitable. The bear is
never troubled with the management of any
property. He merely looks on from across the
street and says: "That fellow yonder is going
to fall dead in the gutter before he gets to the
next corner" A few people hear the prophecy
and stop and see the man walk. Perhaps he
gets to the next corner. but before they can say
anything the habitual bear remarks: ''He did it
to-day. but will double my BET that before one
week he falls into the gutter lie then gives
his reasons. Whether the man falls into the
gutter or not. he has got certain black mark
On him for having been the object of such a
prophecy. One man comes home and tells his
wife. and she tells the neghbcrilg wives. and
the little boys around the table remember for
twenty years about the man whOwas doomed to
fail into the gutter. and if he is on the stage
when the little BOYS reach IT they never quite
get over the feeling that there is something
wrong about that man.
Such is
THE POWER OF IMPUTAT,ON
and SANDER 1t is sharp weapon to handle.
but many are expert in it. When Jay Cooke
was conducting the Northern Pacific railroad.
which events have shown to be good thing
though he was ruined in beginning it. he was
set unon by one Of the most substantial houses
in this country for 10 other reason than that ne
had greater name than they in the public mind.
These opponents were strongerthan Cooke finan-
ciaiiy. They had never risked any money i'll any
thing. Whatever they advanced on was sure
thing. They allowed vehicles in their control to
be used to undermine and break the confidence
III MI Cooke. thouSn they were Oh personally
good relations with him, and he said to ne one
dav, about 1872: ''SOme of the most cruel things
are being disseminated about my enterprises
that have ever known in my life. They come
from men who have been at my table. and whom
| have labOred to concliate when we were rela-
lively small together do not know what the
source of these attacks is. unless some of Inv
friends are hated by some Of their friends who
have some mental control over them" This
was, perhaps. the true explanation. Many all
enemy OF a man only becomes SO because OF
some person that man goes with.