The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1882-06-21
La WEDNESDAY, JUNE 81, 1882.


to his great success. A retire
banker of this city remarked: To N,
mind the great principle which ha
guaranteed Mr.. Stewards pre-emi
nence has been the absolute conf
dence he inspired in his patrons
The first time was ever in his stor,
(now thirty years ago) l saw a piec.
OF goods which pleased my eye. The
price was surprisingly low. / asked
the, clerk if it was the best quality. o
it's kind. He said it was, and was
extolling the. goods, when a voice
behind me said, young man why dc
you say this is Of the best qua|ityi
1t is not the best quality aid you
know. You will report at the Office
this evening SIR Then turning ia
me, the stranger said THE clerk
made mistoke, sir. This Is second
quality goods, having handsome
finish but not the wearing quality,
you may desire to secure at higher
price. 1t was Mr.. Stewart tina, was
addressing me. and from that day
| traded with A. +. Stewart 3 Co.,
with absolute confidence in getting
honest goods for my money"
Mr.. Stewart almost blushed at
this tribute to his business honesty
and illustrated another secret of his
success-a wonderful memory for
detail, BY saying: "Mr. S. l remcm-
her the circumstance 80 we'll that |
can tell you tue exact kind OF dress
goods you were admiriug' aud be
did SO, to the amusement and aston
ishment of the company around hi :.
table. After dinner on the above
occasion Mr.. Stewart had shawl
thrown around his shoulders while
he spen1 few minutes in his pic
ture gallery with his guests, then
excused himself as he was not we'll,
and this was tue last time he ever
appeared in his own dining room.
BUSINESS DEPRESSION.
The times are not as they were a
year ago. financially there is moth.
ing doing and the brokers mourn.
Stocks which we're up in a balloon
are coming down with tbud. The
outside public are not buying so the
holders at high prices find it hard
to unload. The railroad war cut
down earnings frightfully, the iron
mills are not sorry for a temporary
strike of the workmen, for new or.
ders are not plenty and many old
ones are being cancelled. Railroad
building has been carried too fast
and too far. The cold and wet
spring is retarding the corn planting
md causing forebodings of harder
lines for both railroads and specu.
.ators.: 1t is a curious fact that out
tide "tbe street those who come in
Tow and then to try speculation in
stocks almost invariably speculate
" buing and not selling. They will
,uy on margin and take the chances
or q rise, hut seldom venture to sell
What they haven't got on the hope
# a full. No outsiders are now buy
ng, hence the daily fluctuations Of
shares are simply the marking up or
Town by the members of the Joint
stock mutual association, known as |
he Stock Exchange. Quotations |
lrop and droop, day by day, and
here is no good ground for the hope
fla permanent rise for tho present. /
Meantime before another .'boom''
begins it will be good time to ex-
mine into the ways and means BY
which innocent and hopeful invest.
'rs are made to build up. enormous
ortunes for the sharp manipulators
md promoters, and this l propose
'efore long TO help my readers to do.
SOME GUNNER
weather. IS upon US at last, and the
'oor belated leaves and flowers and
'rasses are just jumping with Joy
md warmth. 1t is marvellous how
apidly the foliage has come out in
he little city parks, within the past
en- days. With the birds and the
'abies in Madison square will come
George Francis Train, to feed the
parrow and hold the boys and girls
N bis knees, and let the sunlight
tream down on the gray head which
las in it's day evolved audacious and |
schemes enough to over
urn the world if they could all have
'een carried ont, but which now
itself with writing to the |
newspapers in favor of an oatmeal
liet and Of living on twenty-five
:ents a day. Like burnt out and
,verdriven locomotive, Train has
lad his day Of tremendous energy
ind FIRE. when m nhafanln moo fno