Milford chronicle., 1892-04-15
AIs rlasT AND oNLY SPECULATION.


A Man who GambIcd la Stoeifs without
knowing What He Was Doing.
NJ never speculate said man who has
acouired fair share Of the worlds goods,-
and who enjoys them as much perhaps IS
any other man similarly situated. Ana
vet made my first real start on a speeuia-
ton. won at it and quit ahead OF the
game. as gamblers say. ! have remained
ahead of that game ever since.
1T was out in Califoi Hia that was lea
into my speculation. 1t was in the days
when mining stocks went up into the SKY
like rockets and came down Ike the sticAs,
lust as certain men wanted them to do,
went out there to make my fortune, but IN
some way it would not make. really be-
lieve in luck, for did have the worst pos
sible kind Of luck, and then OF sudden
but will come to that later.
Have you ever heard Of the man VINO
was so poor that he always earned his
breakfast, ate it; earned his dinner ate III
earned his supper: ate it, and then slept
where Il did not cost anythinss Well, l
was a good deal poorer than that man, for
I ate nv breakfast and then earned it. It
was demoralizing, you may be sure. But
| I bappened to meet man in San Fran-
cisco who was making a big stir out there
/ IN those days. He was throwing stocks
wherever he pleased, and that meant every
where. The way that man made money
| took every ones breath away. For some
reason he took an interest in me-perhaps
| it was because l could not make a cent
where he could make millions.
"sYoung man. he said TO me one day'
/ do YOU want to make some money!
II thought did. l thought it so EN-
| Dbaticallv that l impressed him with my
+" WELL he said, give me 500 and I'll
fix it for you so that you can make some
thing r.rh5
s1OO ia get out of this country. / haven't
You haven't, ehi Then I'll lend it tC
YOU ,,;5
sssYes YOU can. You can pay me some
| dov Inst sign a note for it. Business il
business. YOU know Then go away and
don't ask any questions just keep still
till get ready to talk
Il went away, no richer and no poorer
save that my name, which wasn't worth
ANYTHING to anybody, was at the end OF
note for 500.
81 did not know much about stocks, ant
did not care mucn duou1 OhOli' a c-i-
knew that there was a madness in the Sal
Francisco market few days later. SOM
stocks went up and some went down. Ih'
stocks went up out of sight. Then hur
ricane struck the whole market and blew
it away
"A few weeks later I met my friend.
"'Oh, by the way, he said, 4 have a not
: of yours in my pocket
@'Yes,' gulped, feeling the strings o
nv heart tighten, but can't pay it now
{ warned you
"sNever mind about that now he said
Here's YOUR note Now Pm going to Civ
= it back to you on one cOndition-that yo'
promise me never to speculate again.
Il made him the promise.
"'Young man. he said then, you haV
. been in the biggest game that ever wa
Dlayed in this market. You have won.
: knew YOU would win. That's why lie
YOU try it. But, young man., and he raise
his hand, pointing elOquently with hi
j. finger. you never in the world could hav
, won it if you hadn't been on the inside
That's why made you promise
sThen he looked at memorandum
wrote me out a check which made m
speechless and sent me away. do not {
this day know what is the process OF gan
bling in stocks. New York Tribune.