Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1888-01-10
HOW 70 MAKE MONEY.
s,~phsr '. white. III. wen Kno~n v.

stepher v. white, the Wen Known wan
street Operator, on Fbnabeserine.
-Success In We'll street depends q good deal
upon mani environment II be gets into .
brokers Office where there are live aud stir.
ring men, AMI hs bas good staying Qualities.
hc VIII probably riso from the humber du-
tbs OF a cIeri. 10 a WIDER deid Of ope stiou
But there IRE offices within q stones throw
where old fogyisin prevails, and man might
Us well be paving the streets for . fortune a.
To enter one Of them. There are EMPLOYERS
who seein 70 think that nobody connected
With them ought to rise. A man seeking to
make Wall street the scene OF his life work
should exercise great care and discrimination,
70 iyoii such men. Does it require q special
apt tube to secure success in Wall street,
wen, yes; is requires . special aptitude 70
.uccesd b, any bnsi,ez-
Some rner," he coitinned, aars Tim Lin
kinwaters; you remember Chesrybls Broth
ers IN Dickenss Tim knew every pixeonhole
III TIER desks and was as familiar and slow
as possible These men do not rise a flight
above pigeonbole and they never make any
thing bitter than highly priced confidential
CLERKS who are great comfort TO their en-
ploFefx That 10 an aptitude that has its
nianifest use in the financial world, but Il il
not that that develops . mans fortunes h.
yonsi tie point Of decent living. On .be
other hand, there are men WHO are the exsc4
opposite Of the Tim Linkinwatern. men who
ARE all dash and bravado, who attempt = big
coop-Shst word use because /. expres>es
The idea better than anything I happen to
know Ia the English lsnguage-such men are
always sure TO make worss failures In the
street than the slow, metbodicai plodderx
Yet most outsiders. imagine, take all brokers
Tor just such men, because the magnitude OF
operations Is Outlines binding and the public
cannot ses the real Circumstances 1t tie back
of them
ATne ESSENTIAL differences between our bus;
ness and that Of any other man Il that
broker isas to square his books every dsy ana
ere where he stanlS A dry goods man could
fail and NOT find ie ont for moutha: ttt II :
broker has not tie capital to work witt b.
ii:;;is it out in double quick order. CONNER
cal paper is Of Little account; hs must have
collateral
THE great point to bear In mind about
Wall street business rs this: II . man starts
IN and wants to mako fortune ct once be
will barely make a living; il he starts out
with tie purpose Of making . living be viii
end in most cases by making fortune Ii
viii take about twenty Year, on the aver
age"
But does nos the record show that g. Y.
White made a million In che day on tho oc-
r1sgon Of a certain series Of transactions in
Lackawannar
Mr. White the il not q deacon at all. by
ne wayi smiled all over his face - be re-
allied that pleasant incident In his career.
That is about the fsure,r he admitted.
but You must bear in mind that ha.. teen
on the street a.most twenty yean at Tn.
lime. and had accumulated by Conservative
management, avoiding sensational coups,
enoslgn capital to justify the great risks /
.ook on that Lackawanna operation But,
-ir. that episode should be no false encour-
'genaefit 10 young fellow Il WIS the oppor.
unity OF a lifetime, and II I had been
Lsnnnwater it would have passed undeTel
ped, and if | had been from the star. a
hunger l should not have had tho capital Il,
tand the strain Il involved n-I-ouisyiIj
Courie--JouruaL