Northern tribune. [volume] (Cheboygan, Mich.) 1875-1885, 1883-10-20

One OF the commonest of the stories
told in the daily papers is the story of the
frank gambler who coniides to the re-
porter the methods of his class. In SUBJ
stance it is always the same story-the
gambler leading the sucker or ''pro-
Queer or "victimn on until he is
cleaned out and then seeking-or wait
ing, rather, to be sought by-a fresh in
stallment of victims. suckers or pro-
ducers. And the point upon which the
confiding gambler insists most strong
ly is that the man who attacks a game
from the outside, whether it be
"brace" game, 'skin" game or
''square" game, is sure In the end to
lose.
AS to the truth of the story there is
no doubt. 1t is attested by the expert
ence OF hundreds in every city in the
land. 1t is in the nature of things, in
deed, that it should be true. Men who
engage in business as gamblers, VIII,
deliberately embark in the pursuit OF
obtaining the money of other people by
games of alleged chance, are not at all
likely to trust to chance. So far as the
business can be made certainty they
will, naturally, make it so.
The wonder is that with The natural
probabilities against success on the
part OF amateur gamesters in strug-
Cling with the professionals and with
the uniform record of just such failure
and loss as are to be expected, the num-
Der OF victims is constantly on the in.
crease. Every new greenhorn seems to
be fired with the belief that he has some
extraordinary gift denied to his plucked
predecessors, and that the unvarving
DEGREES OF fate are to be suspended in
his case. His success, he thinks, will be
all the more remarkable because of the
long list of failures preceding it. And
upon this belief and ambition the Lro-
fessional gambler thrives so well that
he can afford every month in the yea
to tell his story, and frankly to confess
that there really is no such thing rs
chance" in the business.
Most remarkable of all is the childlikt
confidence of the sucker who chooses
Wall Street as the place and "stocks"
as the method of parting with his CAPT.
tai The credulity demanded of him who |
believes the banker at faro takes hi.
chan es with the players is very great.
But it is insignificant compared with |
the credulity which looks forward to a
realization of profits in playing against
the game that is dealt in Wall Street.
Yet such credulity is common. 1t is
manifested every day by men who
seem, in respect to all other matters, to
be gifted with Ordinary shrewdness and
If total stranger had asked the
cashier of bank to let him have one
Dr. ten thousand dollars without securi-
" upon his declaration that he was go
ng into profitable mercantile opera
ion, and his promise to divide the
profits, he would have refused. He
would have felt that the stranger, If he
made good thing, would probably
Keep the profit, even if he returned the
advance. He would have seen, in
word, that the proposition was unbusi-
lesslike and unsafe, and probably a
'windle. But because the total stranger
jailed himself a 'broker' and proposed
o gamble with the banks mOney--or
atner with the money intrusted to it
instead of going into mercantile OPP
ration, he turned it out to him as free
Y as if he had secured return of fifty
Ter cent on it. 1t never occurred to
lin that the interests of the
broker" so called, were wholly an
agonistic to his, or that he could do
ar better for himself with the moDey he
ent him than to return it increased a
thousand fold. On the contrary, he
expected, with child-like confidence,
hat he would so return it, and he con-
inued to expect this until his defaaca-
ions could no longer be concealed.
The case of this bank official Is the
ase of hundreds Of others. Iii is case
IL almost daily occurrence. There
GEMS to be no such thing in this mat-
err of stock gambling as learning from
he experience of others. But it does
eem as though the stockholders and
directors in the banks of the country
night profit 50 far by the common ex-
,erience as to keep better watch over
heir servants in places of trust.-De-
rot Free Press.