National Republican., 1883-07-11
HE WENT BROKE ON M,sEocu.
HOW an Unfortunate spcculntor FIRE.
quently "RRises the wind"-other Pco-
pie Who Patronizo the Money Lenders.

How an Unfortunate spccuIator Free
quently GRASSES the Wind "-Other Peo-
pie Who Patronizo the Money Lenders.
Chicago Herald.
Do you sec that stone ?" said down town
money lender, directing the Herald reporters
! attention to q sparker of great beauty
THAT is one of the handsomest small diamonds
in Chicago. In fact, it would be difficult to
match it anywhere. 1 can't tell you any
thing about its history, if it has one, but the
purpose 1t answers now is peculiar. 1t be-
longs to professional speculator on tho
board OF trade. He is noted for his nerve and
for the vicissitudes in his luck Two years
ago, when he made his first strike, he bought
TINS diamond. Since then he has been downed
SIX times. Each time he has hypothecated
the gem, and with the proceeds made his
start again. He was cleaned out by McGeoch,
and, as usual, put up his diamond, and by
this time is all right again. l expect he will
call in few days and redeem the pledge, and
III bet you its value that loan him 5000 on
IL again inside of three months"
49, Here's bracelet" the speaker continued,
that has history hanging to it. An odd
design, you perceive, lizards head, and the
tai forming the band. With its gem setting
It is valued at 300. This bracelet was or
dered from Paris by wealthy man for his
pretty playtellow. Little more than u year
ago, when she first wore it, she was the focus
OF all eyes when she went shopping through
State street in her victoria. A beautiful girl
the daughter of a minister, highly accom-
plished and far above her class, no wonder
she infatuated her protector. He supported
her in splendid style, lavished money on her,
surrounded her with more luxurioS than
great many wives of rich men have. Well
she was like all of her class Instead of
toreseeing that her lover would ultimately
tire of her and leave her, and preparing
for tho inevitable by catching por-
tion OF the golden shower she hur-
ried matters by her way of living. Her dis
sipation took away the bloom of her beauty
and when her protector left her to sail for
Europe with gay party of young bloods, she
drew on her only resources, her wardrobe and
jewel box. One by one her beautiful TOYS and
costly dresses were pawned and tho money
spent in high living. 1t was easy to reach
the ti limit. In six months she was reduced to
this bracelet, and it went the way of her
rings, and chains, and goms. This money |
advanced on 1t is spent and now this really
beautiful woman is living in miserable
room in low neighborhood on the west side,
without either hope or health, and waiting
for kindly death 10 release Ler
"A pawnbroker sees a doal more of tbe
seamy side of life than most people do" he
went on. "Ile has an immense fund of sto.
ries to draw from. | may tell you one illus
tration of the peculiar nature of pledges we
sometimes receive. A young man came to
me to borrow money on II seal ring. He
wanted $50. Il know he said, the ring is |
not worth so much to you, but | must have
the money, and it's the only collateral secur. |
ity can offer. %. But / can pledge something
else What's thatY / inquired. MY deter. |
to make a fortune and nv ability to |
do it If | have chance Then he told me he |
was an inventor, that he had u. process for |
smelling precious ores and so on. | had heard |
many such stories, but they were from n diff |
Ierent kind of people. There was something
in this young fellows clear voice and steady
eye and air which attracted oven a pawn
broker toward him. Well the upshot of il
was that let him have the money and took
jhe ring on long pledge. He thanked mo,
md went away, and in iow days | had for
gotten the incident.
1.-Two years afterward my man walked in.
did not remember him until he recalled the
Incident of our first meeting. i have come
o redeem my ring said he, and to give you
his besides
Then he told me how he had gone to
leXico with tho $50 lent him how he had
'ot his smelling process adopted, and how he
lad prospered. He's n power in his country
low, one OF the richest men in northern
lexico, and daily growing richer and all be-
ause backed his determination to be what
10 is"
What was the this that ho brought
ou %
This diamond stud. I've been offered
'2,5OO for 1t, but it's net for sale"