The Sunday morning news. [volume] (Jersey City [N.J.]) 1886-1891, 1890-06-29
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Then he strobe away into the forest.
Mr.. Wellman looked after him in pro
found amazenlent. He glanced down at
the broken limb, which seemed to culver
in each part from Daniels touch, and up
at the tree from which it had been torn,
and down at the black, rock flooded pool
below the falls. His face had not lost its
pallor, and as he picked up his fishing
rod his,hand trcmbled violently, and his
step was unsteady, as he slowly took up
his march TO the village tavern.
Annie Stockwell was married in the
October succeeding her engagement to
Mr.. Wellman 1t is still related ia Posket
how Daniel Hardy went to the wedding
and joined the festivities that followed.
His behavior, it seems, was digniiied,
and his somber face never limited at the
determined purpose which had become
the handspring of his actions. Mr.. Well
man took his wife upon long European
tour, and eventually they merged their
lives in the social wilderness of New
York.
Daniel teamed it" through the win
ter. and when spring had come he sur
prised one Of the village store keepers by
applying for a situation. Let the argu-
ments and explanations be understood
Daniel wanted to learn business; the
store keeper thought we'll of him, and
gave him the desired clerkship Daniel
developed a fondness for conversation
and became acquainted with summer
visitors who could inform him as to
the methods of business ON the Stock
Exchange. In such talks he never
failed to inquire the exact meaning of a
corner" Some of the elder people
were in doubt lest Daniel would lose his
head and wreck his life and little for
tune in ignorant speculations. They re-
garded Wall street as community of
robbers. and were morally certain that
no man with good living elsewhere
should venture in their way. But as
Daniel kept at his post year after year,
serving his employer faithfully, and
now and then increasing his deposits in
the bank, doubts as to his career changed
to confidence that he would be solid
citizen some day, and might even go to
the legislature.
Itisknown that one Of his enterprisesin
behalf of his employer consisted in secur-
ing an agreement with 8 sreat New York
grocer to take a large quantity of butter
from him at lower rate than that tlsu-
ally paid, and then by personal canvass
among the farmers securing all the butter
they could make at price somewhat less
than that they usually received. The
consideration being that he would take
every pound off their hands. This ar
rangement, satisfactory to both parties,
netted the store handsome sum for a
country trader.
Eventually Daniel became a partner
and after that the sole proprietor of the
store He kept up his interest in the
stock reports of the New York paper,
and conducted many successful enter
prise in his own field. Perhaps he had
his failures, too. but if SO, they are not
remembered at Posket. He TRADED" ia
real estate, organized the farmers into
milk exchange, through which he OBJ
tanned for them steady prices and for
himself comfortable addition to his
income.
AT last a day came when, without
warning to his neighbors, he sold out all
his interests and departed for New York.
Accounts vary as to the amount of ready
money he brought With him. By some
it is put at $25, 900, but it is my impress
sion that it did not exceed $4,000. !
well remember the day he came, for
CHANGED to be in friends office when
tall, uncouth, i'll dressed countryman
stepped awkwardly in and said:
kin set down here SPELL"
Space viii not permit me to relate the
thousand and one stories of his expert
ence in the street. l can only indicate
his general course. For months he came
into that office every day and sat there
through board hours, watching the boys
putting up quotations, and listening to
the conversation of the spectators about
him. Not once did he venture dollar.
He was entirely willing to be guyed as
long as he was not turned out and as long
as he continued to pick up information.
He was tolerated because of his inter-
estinQ appearance and quaint remarks,
but nobody ever heard him utter word
that indicated his purpose. The fact is
that he was slowly acquainting himself
with the character and the characters of
the street. His retentiye memory served
him well, and his patience better. He
came to understand stock dealing with
out operating, and he also came to know
some of the faces that are rarely seen in
the street. They are those OF men who
live at their ease, but watch the market,
and now and then swoop down upon it.
buy lot of stock for cash, sell perhaps
within few days, and then retire and
wait for another season of depression.
Daniel watched such men and learned
lesson.
One day when there was a general
panicky feeling abroad he astonished
the broker in whose Office he had settled
by putting So, 600 in bills into his hands
to secure purchase of certain popular
stock that had been going down. He
protected himself by liberal margin
and sat down again in the office to wait
When he sold he cleared over 81 ,000
This was the beginning of a long series
of transactions, all conducted on a oon-
servative basis, and all SO far as Eaown
profitably; and at last it came to be a
saying among those who knew him that
one should follow Daniel Hardy. The