National Republican., 1882-11-30
A Word to Frightened Lambs"

VINO ueals In q thousand Shares Oh STOCK,
either as "bear" or "bull," upon reliable
points" derived from "inside" friends,
as well as from the timid little "lamb "
W ho sits day by day in bucket-shops"
anxiously watching his ten-share "pur-
chase" fade into thin air, there comes O
howl of anguish and disappointment.
For the wolf has again come down upon
his heecy victims, and borne away their
wool in triumph. From its high pima
Gle of 1133 "Denver" has dropped to 3St
per share, Texas Pacific first mortgage
bonds from 105 to 75 old reliable" New
York Central from $50 to 1876, and SO on
ad infnitum through the long list of
stocks which figure daily upon the New
York Exchange.
Pittsburg and other Eastern cities reel
with the tottering wrecks and ruins OF
men who until now dreamed of fortunes
golden crown. Chicago and her sister
Western cities are filed with men,
women, and children seeking glittering
treasures through crazy speculation in
grain and produce. From Southern cities
come the mingled rawlings of the "longs'
and "sborts" in cotton.
Meanwhile the solid banker looks over
his spectacles with amazed disgust and
CONSERVATION upon the billions Of So
called securities" piled "Ossa upon
Pelion," while the conservative busiress
man looks appalled, upon the prodigious
network of railroads running parallel,
crosswise, and every which way into re.
gions remote, from population or resources.
While big manipulators and railroad mag
mates are prating of rally" these only
shake their heads ominously and watch
at safe distance the inevitable "liquida.
ton" and elimination" of values.
The whole picture has its comic and
its pathetic side. Upon the one hand
good natured banter and raillery cause
the victim almost to forget his loss. Upon
the other the bowed form and furrowed
brow tell of anxious nights, ruined homes,
wasted honor, defalcations, and possibly
contemplated suicide. So the play has
been played, the puppets moved, the bell
rung, and the curtain run down once
more.
A word to the disheartened and dis
couraged who have thus lost their all in
the vortex Of speculation. There is am
pie room for legitimate enterprise, and a
fair future for him who will exercise his
brains and do his own thinking. Science
is making marvellous strides in these
quick, hurrying days. New forces have
entered upon the arena, great principles
are being worked out. Nature, emanci-
pated from her thraldom, is calling trum-
pet-loud for men to elaborate and utilize
those great discoveries which have been
treated too often as mysteries beyond
power of comprehension, save that of
schools and colleges. Savants are now
anticipating the day when men shall
talk with each other, not merely through
streets and cities, but across continents
and beneath oceans. Electric currents
are moving railroads, lifting elevators,
blasting mountains, lighting cities and
villages. This silent, subtle power may
soon be the great motor of the age
The very atmosphere is being utilized
for the propulsion of clock work and
mail matter, and will soon pour its
| heated current through our halls, houses,
and churches, doing away with unsightly
stoves and furnaces. In all these and
kindred fields of science there is fair
field for legitimate inquiry and research.
Nature rewards the intelligent observer.
For him there is serene life and restful
sleep. He who enters her portals, as
Lord Bacon suggests, in the spirit and
with the tractability of little child shall
find himself growing into strength and
| full-orbed manhood.
There is another safe and legitimate
| field for Investigation and investment
| here in our own city. Real estate is the
true basis of wealth. 1t is tangible, per-
manent, and sure. Not to mention our
own successful men, there are number
less instances of those in all portions Of
the world who have reaped rich harvests
from this source. Here, in Washington
city, the National Capital, there is every
thing to tempt both capitalist and begin
ner. Well-paved streets, magnificent
parks, elegant public and private build
ings form mosaic of beauty which is
rapidly attracting the wealth and culture
of the Nation. Foreign embassies vie
with each other in the splendor of their
establishments.an and elegance of their ac-
complishment Museums and libraries,
schools and colleges, are being rapidly
filed with inquiring studentsand visitors.
So it shall soon come to pass that this
city. daily expanding in wealth, popula-
ton, and Importance, will become the
great exponent of American life and
growth. AS yet, however, real estate has
scarcely begun to feel the impulse of
these vast influences, although it is now
beg inning to awake from its lethargy.
N OF merely in the northwestern section,
ornate with its variegated architecture,
ripping fountains, and statues of national
heroes, but also upon all the surrounding
heights, and in the eastern and southern
sections of the city, cool-headed men are
quietly making purchases of available
property. Noble streets like "North
Capitol" are being graded and beautified,
and the network of streets radiating
from it are now being perfected and i'm
proved. Thus all sections of the National
Metropolis begin to glow with healthy
life and afford promise of a rich future.
Let local "lambs" devote time and
energy to the advancing of all these
practical interests and enterprises, leav-
ing for politicians the discussion of such
questions as tariff reform and balance of
trade, and to the "great operators the
tissue certificates and Autographs whose