The Indianapolis leader. (Indianapolis, Ind.) 1879-1890, 1882-06-10
MOSES TAYLOR.
How He Saved $500, 900 by Trusting to His
institutions. fl'.tl

How He Saved $500, 900 by Trusting to His
institutions. ifsl
New York Correspondence Philsdelphia Press.
Moses Taylor was man who had the gift
of turning into gold everything he touched,
a man whose Judgment was SO true in all
ques lions of mouey-getting that he was said
to arrive at his conclusions not by deduc-
ton, but by ntuition-instinctively rather
than by the ordinary courses of reasoning.
OF course Moses Taylor reasoned out his
conclusions, but the process was with him
so re- pid and accurate as to be almost invol-
untary. He got the reputation of being
clair, oyant in all that pertains to the in
vestmept of capital. 4..,r.f.,.frr.f f..t
One day Wall street man entered Mr.
Taylor's little room in the City Bank with
an unfavorable report concerning Some min
ing property in which they were both inter-
ested
"Is it true2 the visitor asked. ''I knew
you would know the truth as soon as any
body" ,r re'r9
But don't know" said Mr.. Taylor. al
know nothing at all about it."
We'll. do you consider it good thing to
go out ofY' ff1o
Mr.. Taylor shook his head again. II
havn't sold dollars WORTH" said he.
And the inquirer left, greatly treasured.
A little later in the day somebody else
came in with the some damaging story about
the mine.
''Is it so, Mr.. Taylor?r a0h 1.0
1T may be, and it may not be. know
nothing at all about the facts" ,...-,s'
But are you sellingT
"No, sir. / haven't begun to sell that stock
yet" - : - : -
The report very soon reached the street
that Moses Taylor knew of nothing to the
| disadvantage of the property in question,
| and laughed at the idea of selling. The
stock at once stiffened and closed firm.
After business hours Mr. Taylor sent for
one of his four trusted friends and said to
hiln: "They tell me there is something
wrong with the Blank mine. We must 20
| down to Blank and see"
'All right" said his friend, who was also
interested, II can go the last of the week ["
| Not the last of the week. said Mr. Tay-
lor calmly, but tonight. Tonight by the
q o'clock train" The other protested that
it was impossible; that he had important
engagements: that his business would suffer
but Mr.. Taylor would hear of no postpone
ment. He sent for carriage and they
caught the train. 1t was the days when
sleeping cars had just been introduced. In
the middle of the night Mr. Taylors com
panion found himself vigorously shaken
Mr.. Taylor was standing by the birth. al
dressed, and with his sschel in his hand
| 'Get up and dress yourself" said the great
/ CdPitoiot. VC iuuot Sct Out NJ cO-duo-oO
station and take the next train back to New
York" .fi 1'n.#.
But" said the astonished friend, 81
thought you considered it absolutely neces
sary that we should go over to Blank and
look over matters at the miner" sq
"Not at all, not at ALL" remarked Mr.
Taylor. Things are all wrong there.
have been looking them over in my MIND
since / laid down. / know how the cast
stands quite as well as il we had been te
Blank. All we could get at Blank would
be the facts and tell you don't want t.
know the facts: 1t would cost me $500 .00t
TO know them" t.-.'f. -
How so2" demanded his more and mor'
ssronished friend, as he hastily buttoned hi
suspenders u - rr
Because then | couldn't conscientiously
| unload"
The next morning Mr.. Taylor was at tn,
bank as usual. All day long his broker
and in little pieces. All day long Mr.. Tay
lors friends were rushing into the City Banl
to ask for information and advice. i'Hav
you any bad news from the mine? Wha
had better do with my Blank, Mr.. Taylor?'
II have no news, good or bad" was hi
stereotyped reply, land never give advice.
His imperturbable serenity prevented wha
would have been panic. Moses Taylor al
ways had the earliest information, and If b.
was not alarmed the property was safe.
Twenty-four hours later definite new
came that sent Blank stock down into th
teens. but Mr. Taylor had sold his last share
He had saved $500. 900 by trusting to his in
tuitions and changing sleeping cars, instea,
of pushing on to Blank to obtain the facts
And he had not even told Wall street lie