Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-06-09
The Cause of Wall Street
Panics.
DIR. TALMAGE's SERMON
The Brooklyn Divine breaches Scathng
Sermon Against the Needless and
Wicked Expenditures INDUCED in
by the People ofTo-0ay.
Special % he Register.

Allusion is here made to welEknown
fact in natural history If a partridge or
quail or robin brood the eggs of another
species, the young will not stay with the one
that happened to brood them, but at the
first opportunity will assort with their own
species. Those Of us who have been brought
up in the country have seen the dismay of
the farmyard hen, having brooded the
aquatic fowls, when after while
thev tumbled into their natural eIe-
ment the water So nv text suggests that
man may gather under his wings the
property of others, but it will after a while
escape, it will leave the man in a sorry pre-
dicament and make him feel very silly.
There are those who spread out their wings
until they get four five, ten, fifteen fortunes
under them, and the financial incubation
seems to be going on very prosperouSly
when suddenly they chip the shell, and
some take to the water, and some take to
the air and leave the nest empty. "As the
partridge sitteth on eggs and hatcheth them
not; so he that gettcth riches and not by
right, shall leave them in the midst of his
davs, and at his end shall be fool. Not
so with the fortunes of the Van RenSselaers
and the Peabodys gotten in industry and
supervised in righteousness. and by the law
of the eternal God going down from genera
ion to generation.
Wall Street.
Across the island to New York in 1865, a
wall of earth and stone was built, a wall
cannon-mountcd to keep back the savage,
Along this wall ran a street, and as the
street kept the line Of the wall, II was ap-
prOpriatelv called Wall street. Short mar
row, urarchitectural, and yet unique in its
| history and excepting Lombard street, Lon
don, the mightiest street in the world.
There the United States Government was
born. There Washington held his leyees.
There Mrs. Adams and Mrs. Arnold and
Mrs Caldwell and Mrs. Knox and other
brilliant women Of the revolution displayed
their charms. There preached Wither-
spoon, Jonathan Edwards and George
Whitefed. There Dr. John Mason Chided
Alexander Hamilton for writing the conSti-
tuition without any Go | i'll it. There negroes
were sold in the slave mart. There criml-
| mails were harncSSed t whealbarrOwS and
compelled to draw burdens. That street
has seen the coronation and the burial Of
ten thousand fortunes. The abode of just
the Opposites-unSwerving integrity and
tiptOp ScoundrcliSm. The history of Wall
street would be the history of the commerce
of America | would like to put the plow-
share in at the curbStonc in front of
Trinity Church,
and drive clear through to Wall street ferry,
and so it shall go if the horses are strong
enough to draw the pillow We are all
stunned with the recent defalCatiOnS in
Wall street, and there is no more absorb
ing question in America to-day than this
What caused Black Wednesday, what
caused Black Friday" what has caused all
the black davs Of financial disaster? Some
say it is the credit system? Something
back of that. Some say it is the spirit Of
| gambling ever and anon becoming cpl
denc Something back of that. Some
say it is the sudden shrinkage in the value
of securities. Something back of that |
will give you the primal cause of all these
| disturbances 1t is the extravaganza of
modern society, which impels man to
spend more money than he can honestly
make. and he goes into Wall street in order
| to get the purpose Of immediate display
and sometimes the man is to blame and
| sometimes his wife, and oftener, both.
Extravaganza.
Extravaganza is the cause of all the de-
falcationS of the last forty years, and if you
will 90 through the history Of all the great
pauics and all the great financial disturb
ances no sooner have you found the story
than right back of il you find the story OF
how many horses the man had. how many
carriages the man had how many residences
! in the country The man had, how many
banquets the man gave-always for the
last forty years, either directly or indirectly,
extravaganza the cause. Now, for the
elecanccS and the rcGnementS and the
decorations Of life cast my vote. While
am considering this subject a basket of
flowers is handed in; flowers paradiSiacal il
their beauty. When / see that
basket of flowers they persuade me
that God loves beauty and adorn-
ment and decoration. God might have
made the earth so as to supply the gross de-
mands of sense, but left it without adorn-
ment or attraction Instead of the varie-
gated ColCrs Of the seasons. the earth might
have worn an unchanging dull brown. Nj
| agara might have come down in gradual
| jaSran, wi-hOut thunder or
| Winged SPRAY.
Look out Of your window any morning after
there has been dew, and see whether God
loves Jewels Put crys,al of snow under
a microscope and >ee what God thinks Of
architecture The earth sleeps and God
blankets it with the brilliants of the night
sky The earth wakes, and God washes il
from the FURNISHED laver OF the sunrise. So
have not much patience with a man who
talks as though decoration and adOrnment
and the eleganceS of life are a sin when
they are divinely recommended But there
is line to be drawn between adOrnment
and decorations that we can afford
and those We cannot afford, and
when man crosses that line he becomes
culpable cannot tell vou what is ex
travagant for you. What is right for a
queen may be squandering for a duchess,
What may be economical for you, man
with larger income, may be wicked waste
for me with smaller income Every msu
before God and on his knees must judge
what is extravaganee, and when a mar
goes into expenditures beyond his means
He Is Extravagant.
There are families in all our cites who car
hardly paw their rent and who owe all th'
merchants in the neighborhnOd. AMI vet
have an apparel unit for their circnm
stances. and are all the time sailing so nea,
shore that business misfortune or an attach
of sickness prepares them for pauperism
You know very well there are thousands o
families in our great cities who stay II
neighborhoods until they have exhausted
all their capacity to get trusted
| Fraud.
Then they find the region unhealthy AM
| they hire a carman, whom they never pay
/ 4. IL nna VEhar