The home journal. (Winchester, Tenn.) 1858-188?, 1884-07-09
WHAT CAUSED THE PANICS.
Dr. Newman Reviews the Last Three, ana
Tells us What Caused Them.

"Threc panics have been caused by
three Young men, two Of whom were less
than thirty years of age" said DR.. New
man, in his Sunday sermon. Zach
was the son of minister, who had for
gotten the God Of his father. One was
n banker, one broker, and one conf |
dental clerk. Two died homeless and
pennilcss in seli-exile, and one IL now In
iril. Two died in misery, and the fate
OF the third is yet to come. Each had q
genius for finance. At the age OF
TWENTY-FIVE one of these smart young
men was the President OF bank. ITO
wNs financial prodigy, and the bank
was success. His personal specuia'
tions brought him huge returns Inc
venerable directors encouraged INN IN
| his career. He WAS esteemed wonder
in the financial world; but his aged
father. n retired clergyman, tremoied
for the future of his son. When inc
youpp banker had accumulated S2OO ,Ooo,
the father begged him to be content, ana
atom lint the son was sure that he could
make million. Temptations multiplied,
honesty was suspended, tho golden BUD
bile burst. detection followed, and then
adyersity came, and he fled from home,
friends and country, and died penniless
in n strange land. His life story, with n
few circumstantial variations, is heslory
Of the confidential clerk. The final story
= of the one in Jail is yet to be told.
:. "Iet us beware OF these fnancia
. orodigies, these smart young men. Ine'
u lamentations are their master faculties
' Listening to their glib, persuasive tongue
!, the false seems true, and the hcutiou
y real. To them the money market is
, MULTIPLICATION table, fully Mt their con
~ mand. They are pctted, courted,. ieaste'
> and trusted. and the old iinanclers CO.
eide their fortunes to them. Th'
handle millions and their methods are III
questioned Why? Their dividends n
II facts. Therefore, ask no questions II
conscience sake But they become n
~ dacious with success, these smart your
,r- men. and when fortune turns ,ho o!n
be way they commit their first indiscremo
is. Deception becomes their devil. In
Ia, betrny confidence, outrage honesty, M
Wa Wa fall back on fraud. Then their Bla
,ed FRIDAY comes. The Sheriif's arrest n
be- the dungeon awaits them.
en-, "Behold the terrible results that oV
IN, IN, whelm these smart young men, TN
of financial prodigies They have su
ere other peoples fortunes in bottomi
rty: pit-a fit type of hell. The wido
% Of stafI is broken, the orphans heritag'
ndH ,Mo wasted, the competency OF the retl
bic lille merchant is swallowed up. Thesesn
rold Young men have dealt deadly bio"
was trade. The recent exposure OF on
rom rom these Young prodigics has caused an
,o"n r"v mated loss of 100000, 600 by the shr
the ace of stocks and securities. In u
uild- Years they have inflicted loss OF
oofs lions upon business-more than
hem hem whole of our national debt. ,
+, ,'st six "Bnt there is something better
ence men TO live for, than these swiftly n
rians immense fortunes. There is h
are and wife and children, an honest nj
e. e''ms M an enduring character, and the smi
y ~ God, which will make life perp'
summer Go forth, young man,
multiply wealth, but get it and use
sburr that Won shall die beneiactor to
sa an race, That man is damned, aud dai
,inont forever who amasses money slmp
mated crafty selfish ambition, lust, and
!, ,%aor waIm and he deserves to be damned in
pnnod world and the next. The rich pehe'
le mur- will he welcomed in heaven by II
liars o. plause of the angels.