Grand Rapids morning telegram., 1885-08-31

"a e5la sisasF Eaals asw the Mnls1aa.irs
Made tfAs Hks.lSls-Laek la Al.lag AZ

s4eis hLs lse.lSh-Laek iA Aisllas ~
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lEensss Rspgbiscanl
Times had sst . hstle du8 aad stocks
we're los, aid - Bald ~in. 4ss 80 a.
~ays sEa,1yizls ~ sonzs sid scnsms or
other - make money, coacl1asd - 20 -
China aD soGle Racket sAd De aappsnsd
q have ons t1oss1ad szares II CFosa
Point, 4hich haa cost aim three do!izrs =
snare. hs ~as nllgbsy anxious - realize
ca teen. The price being n several
points ns raised tns ~ind sonie other ~ay,
.sld fsell1g 1h az EHs tIHs soGii couss - hen
hs eoald Sst even "a his stocs. be eff II
~t1n friend ~ ais y sell ~hsa ths price
ross u three dollars a snare. and "a 10
Nsat 70 CANA Soon after as depargurs
the ComstoeA zot into BONANZA AMI prices
began y d. gp. bald~in's friend-snO,
~ the say Was q caTp-nter-als0 watched
Jhe market closely and when bis three
dollar iln4is sas reacsed De rushed down
- broker aud told him % sell one thou
s4na s1Arss of Crown Point al three dol
lars. Where's your stock asked ths
broker. Here Il is said the carpenLs LsE
1hs broAer examined it and then said.
Have y0g power II attorney 10 IN Bald
wIa's Hanls@ 'N0t a power replied the
Carpenter. Wen. then said the broker,
i can's sell this stock. nor viii Any one
elss.' You sse, Baldwin, Ia accordance
with his customary carelessnsss, or rath-
o. Ignorance Of business methods, had
gone OF without transferring or indOrsing
tue stock made ous in his name. OF coarse,
his business trip 70 China Was a failure, as
were al his deliberately planned enter
prisez, and he arrived in San Francisco
strapped. but soon found that instead Of
having three thousand dollars waiting for
him c had swelled 10 an even million Of
dollars"
no wonder they called him Lucky Bald
win" said Chicago teuderfOo..
"Hold moment, pardner," remarked
the old Californian. nobody thought OF
giving him that name then for lucky
turn ike that Wait till get little
further along with my story and you'll see
a better reason for the name"
is there more coming? Great Scott
Wasn't one million snosgh on such
scratchs'
ave didn't give names those days In
California unless men earned them-yOu
can bst your bottom dollar on that Bald
win cashed Ia his stock, and as he was con-
sidered rather fresh the boys put up job
70 divide the million among the gang. Jim
Keene was Baldwin's broker and he and
the rest concluded that they would saddle
a big block OF Ophir ON Baldwin at from
ten dollars % fifteen dollars per share,
which they proceeded 70 do, thus tapping
him for more than half MS pile. No sooner
had Baldwin got this bundle OF Ophir into
his possession than the big bonanza was
struck in Consolidated Virginia and Cali
fornia, adjoining the Ophir, and that stock
doubled up In sympathy"
Rah for Baldwin," cried the Chicago
tenderroot.
Keep cool, pard; that was only ordi-
nary luck" growled the old Californian.
Thunder and Mars, another million and
you say only ordinary luck"
That's what l said. Ophir kept right
GA doubling up 50 fast that the gang want
ell 10 get Baldwiu's stock. and 50 they put
up another JOB on him You see, the
Bank Of California held most OF the ball
sIce Of Ophir stock, and so Ralston sent
for Kesne and sized him up TO vote
Baldwin's stock at the annual election 50
that the bank would have control Of the
mine. Kosne, being still agent for Bald
win. pocketed his plum and stood in with
the hank oatdt, and went square back on
Baldwin Lord, but wasn't Baldwin mad.
The stock kept going up, and Baldwin,
knowing that the old assessment dodge
would be played on him, showed his stock
on the market, just exactly as the con-
sPirators expected and wished he would,
until be hadn't share left obtaining the
highest prices, which were from $50 20
500 per share. No sooner had be unload
ed on the gang than the stock began to
tumble as rapidly as it had risen, and it
busted the Bank Of California; bus Bald
win had over $4,000, 90 to his credit, and
the name Lucky Baldwin was duly
earned and accredited 70 him"
Holy smoke, $4,000 900 did you say,D
eroke In the Chicago teuderfoot.
That's about the size OF 1t, and you
see there vas not Bat Of sense or smart
ness from beginning TO end SO far as
Lucky was concerned. Ho blundered
onto the first million, was trapped into
bad Investment and was angered into sell
ing out in the nick Of time, and SO luck,
stupid nigger luck, made him the straw
which broke the back Of the great institu-
tion known as the Bank Of California, aud
transferred It's gold into his own private
pocket"
What became of Lucky Baldwin,"
" On, he built biz hotel, g0t a big
farm and plsstered bis money around
without any business juS-meut, but he
had such a stack of gold that be couldn't
fool it all away, anil probably ne has an
obi million or two left yet. Va, boys,
don't pretend TO say that luck is s. chief
factor ia mining. bat III rather have a
heap Of Luck than heap Il sense With
out luck"