Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1883-11-15
those VINO n

those who are up /
uANGBR's rAItuRr.
From the Globe
Democrat, Nov. 1,
All was quiet TO. /
day on the liverpool
exchange. Specula.
tlonin the stiple IL
absolutely ata stnnd-
still, \ survey of the
wrccit caused by the
downfall OF Morris
Ranger on Wednes.
dav last shows that
nnecn firms were
bankruptcd and sew
eral more so serious
ly crippled as 70 he ]
already topplinr. II |
not believed, how
over, that the list of {
evils Is yet com
plctcd, ANA the next f.
setting day, Sntur- !
day, the 10Th instant, |
is awaited with unN- !
lous forcbodings and !
the conviction that I
IL will bring several Z
moro failures. The .
moro conservative |
and solvent OF the /
operators on change ,
nre, however, con
sullng themselves
with the hel et that
the precnt crisis viii
ultimately result to
the advantage of the
legitimate traders.
and operators of tnls
ciitSs do not attem pt
10 conceal heir re-
ioicing over the
crash OF this colps.
sus of corperers. The
meeting OF Rangers
creditors was to day
announced so take
place on the 2ind IN
stnut. II is probable
that 10 will be II
stormy Que, Ms the
feeling against Ran
ger is very bitter II
the part of many of
OF creditors. one
of the lnrgest of
these said to-day,
"rhc defiant att
tude that 10 stlll
maintained by that
man Ranger Is the
climax of eilronttry.
His burly figure isas
prominent rs ever rs
lac swaggers Along
the tings On broud
Lord street under
his broad-brimmed
hat. and putting the
smoke of his coNly
cigars into the flces
OF those whom he
has robbed 1t is a
mistake, however,
to suppose that Nor
ris Ranger Is II vnl-
gar swaggerer. or
that in ms life "A d
habits he IL, as has
been enormously
said, n counterpart of
James Fisk, lr.,when
that individual was
known rs the Prince
OF Erie. Nr. Ranger
lived quietly, and
his habits were rs-
murkably simple
and regular. lie
walked to the eN-
exchange every
morning. luuclled
| nodeStly at the
| same table IN the
/ Ange hotel for
many years. hnd at
] the end uf the days
/ business was driven
| home IN "a ha lSnoy
| cab. lie gave 10
charities freely,
| and was generally
| respected. In f,ct.
excepting some of
! his vic inns on the
[ exchange, no one
| can be found Ia
speak harshly of
him In any of tho
relations OF life. In
order TO obtain Mr..
hangers own expla-
nation nf his failure
and OF his business
methods, your cor
respondent at Liv-
I erpOnl tod Il Y
sought and obtained
| an
I ISrEREfEw WITH
THE GREAT SrEc-
uLATOR,
which was apparent
ly frank and unIc-
served ON his par.
In answer to inqui
ries concerning mis-
misfortune, MIR.
Ranger briskly re-
! piled:
"Pshaw, IL Is use
less to grleVe over
this trouble. IL is
only the fortune of
war, and | might
have expected to re-
ceiVe Il knock down
blow once in a life
time. / have been
nm operator in the
Liverpool Exchange
TOR sixteen years,
and | can unheSttA-
tingly say that dur
! ing all these years |
I have never used un'
worthy means to IN
duCc any one To
speCulate. My op l.
atoms have always
been open to the
daylight, and every
.ne could see my
methods OF busi-
/ ness "
"What, then, cdus.
ed the unexpected
crash ana the ina
munse losses?"
"simply TINT the
/ brokers rushed tl,r
business too fast and
too far In the face OF
/ plain fpcts which
should have made
them cautious. Those
who nave been bit-
ten understood per-
fectly the risks tlcy
We're mourning, and
ifthe tide had turn
ed the other way
won d have pocket
cd their gains with
out remark. How
ever. ! have had the
satisfaction OF re-
celving assurances
OF syn,paihies from
many quarters, and
| can not but be