Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-06-09
The Moral In the Tale.

and theatres Oy Cuc uOIcn,ohu CP0SuA"~SS
in silver mines and other things during
his leisure hours, having collapsed finan.
cially, the newspapers are seiZing the
occasion, in the dullness of news topics,
to draw the moral from the tale. 1t is
conceived to be a valuable lesson to
young men, warning them not to have
too many irons in the fire, but to listen
to the conservative advice OF poor
Richard and strive to get rich in the ap-
proved but slow methods of their ances-
tors. That is good lesson to teach,
no doubt, and a good moral to draw
from Mr.. Jack Haverly's experience.
There might be number of other lessons
drawn from it in truth Mr.. Haverly
may he a fruitful theme for comment 10
editors, preachers and all this class OF
people, whose business it is to talk, ana
who are consequently vastly better IN
words than in practice and stronger I'D
theory than example.
Mr.. Jack Haverly's career has been
brief and brilliant in its way. lie was
a child of luck. Luck was his profes.
sion. His talent developed itself some
what late however. Having gone
into gambling as business, he became
recognized as one of the denomination
called " shoe string" This term it
seems embraces those in the profession
who win enough to hang Oh to it by the
eyelids they neither lose SO steadily as
to be constantly burst, nor win SO
generally as to be always flush. MIR.
Haverly while in this chrysalis condition
lived out west. He reversed the order
of emigration and came east. Some
where up in York state he sat down,
upon his arrival, before faro table and
when he arose he had some S14, 900 in his
pocket. That was the end of the shoe
string state for Jack Haverly. He went
out of gambling with chips and entered
with his money into another style Oh
speculation, of the species minstrel show.
Being highly speculative business
it had strong attractions for MIR.
Haverly. 1t was a toss up every
night whether he would have hundreds
of dollars or cents in his audiences. Mr..
Haverly's luck continued. His one
show increased and multiplied and he
grew to be the owner of many. HIS
name became familiar in every city. He
achieved fame i'm his business and gath
cred much money. He bought silver
mine. He bought other things. Ills
luck turned. His silver mine was flooded.
His theatres were not. lie could not
nav his bills Tie newspapers say he
had too many irons in the fire. No doubt
there were too many for ordinary mell
to handle with pleasure or profit. But ii
Mr.. Haverly enjoyed having them and
found his compensation in the nntorleiy
and excitement they gave him, Whose
business pray WAS it but Mr. HaV
erly's. Where did he make his
mistake He lost his money, you
will say. That is the gamblers risk.
You may advise young men not to gam
BILE, because in the end they will lost
their money But if young men enjoy
gambling and are willing t" pay their
money for the pleasure they get, they
have a right to do it undiSturbcI. The
declaration of independence expires AS
the opinion that mar is born witii Il
right to the pursuits! ol happiness in his
own way, SO long as he does not inter
fere with the like right of his neighbor.
The most of men are gamblers, SONG
playing higher than others grtat
many playing fair game and great
many cheating whenever they can. The
richest men in the country got their
money by gambling in ,liifhren! things
railroads, stocks, grain, oil, gold, and
everything, it fact, that has market
The colossal fortunes We now know are
not possibly made without that hazard
which is taken on the turning of the die,
and which is supposed to make what IS
ordinarily known rs gambling il public
injury. There are other elements in
such speculation, it is true. The sac
cessful specuIatOr differs from the com
mon gambler, i'm the fact that there,
are elements in the operation
which his superior sasacity enables
him TO read as indicati ions that events
will happen as he waSerS they will. But
if his sagacity is poor, he loses even mere
certainly than he would in wholly trust
ing to chance. The most of people who
speculate do it wholly without the
exercise of judgment and trusting as
blindly to chance rs those who gamble
around the faro table. 1t is human na
ture and even though it is considered
injurious to the state that its citizens
should be thus permitted to hazard THEN
money, it would be an unsuccessful
struggle with the Almighty which the
state would essay in attempting to for
bid it.
1t is no part of the states duty to hold
the money in the pockets of its citizens
which they wish to spend, provided they
are in sound mind and are not cheat
ed. People are no doubt cheated, often
and generally, lin lotteries and at the gam
ing tables but not oftener nor more
generally than they are at the stock
board or the oil, produce and mining
exchanges. Every one knows that in
these markets every possible eXpedient
is used by the wolves to feed upon the
lambs who rastly assemble there, No
one doubts that the gigantic fortunes
which have been swollen in this young
- r, -, In