The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1893-03-08
THE LAUGHING MAN.
l- IN WALL STREET, IT HAY NOT
MEAN THAT He FEELS SAFE.

Bankers and Brokers' omees with
which the Money Center Of the Metrop-
oils Is crosedea-CurryinE Favor.
In the interval between the morning
and afternoon sessions Of the Stock Ex-
change the SPECTATORS and operators sat
IN the brokers' Office studying the ques-
tions as they had been marked mp on the
blackboard by junior clerk They spoke
bat little. Some were making mental
calculations, some were building air
castles, few were hngging themselves
with delight because fortune was in their
favor. and others looked grim and en-
deavored to conceal their ehagrin and
regrets at losses by the operations Of the
morning. Not a few were wrestling
with Bassanio's problem, considering
whether another arrow would discover
that already lost. In gambling the hope
that another fling at fortune VIII bring
her down never fades But those who
gamble daily recognize that such reason
ing is not sound, and where, as in Wall
street. al the investments are based upon
theoriZing as to cause and effect, some
thing more than unreasoning faith IN
fortunes favor is necessary 20 open the
purse strings of its followers. These men
were veterans, and the gamblers passion
was subordinated TO cold calculations
An cid but gay and sprightiy man
came upon the scene Ee was the pro
prietor OF the Office, big broker, widely
known and very popular. BE was re-
puted TO be the pOssessOT Of great wealth
Upon his favor depended the fortunes Of
some Of the men in the chairs. Should
ne withdraw it az critical moment they
might sink out Of sight overwhelmed By
ruin. wrecks to be pointed out by the
curious in after days as some Of the has
beens" of Wall street. be addressed them
ON the subject of gold shipments, argu-
ing from his own view points as to their
effects upon the prosperity Of the COM
munity. He had the manners and voice
of a stump speaker. He interlarjed his
remarks with Jokes and "reminiscences
and talked vOiubly. A handsome gray
haired man, with smooth face and erect
figure, watched him and the others close
ly. When the broker had finished and
disappeared into his private Office, this
man said quietly to the friend, visitor.
vino sat beside him:
Il know now Just about how al OF
these men stand. Did you observe them
while Jones was talking: Did you no
tice how some Of them laughed loudly at
his jokes. while others only smiled. and
still others remained impassiTe2 Did yo1
see how those who laughed lcudest strove
to catch his eve. as though to say: See
me; appreciate your humor; am i'm
pressed with your remarks. The others
here may not follow yOu, but am al
ears And the meaning of all that Is
that they want to curry favor with him
and win his personal good win, so as to
bank against it should they need his
financial assistance.
Il always pay attention TO the crowd
when he talks, for by observing them
can tel how much margin each is trad
ing on. The man who laughs loudest
and is most obsequious Is very close 70
sinking. BE fears he may 90 under any
moment, and his laughter is desperate
appeal to save him. It rings in my ears
ike the cry of the drowning wretch who
yells: Save mel Save mer I can al
most see him struggling in the waves
and tearing his finger nails On the CLASSY
sides of the rocks against which he is
dashed in his attempts TO pull himself
into safety. Every time that man roars
at one Of Jones jokes, and holds his
sides as though they would split, feel
throb OF sympathy for him, for know
his case IS very desperate. The man whu
laughs moderately, looks knowing and
has a fairly contented expression has
fair margin up and feels safe. But the
man who looks ct Jones with an air Of
indifference or has the courage to frown
upon him is the object Of my deepest
envy. That man reposes On financial
rock so high and solid that an earth !
quake would recOil from it. And, de-
pend upon II, every ether man in this /
place enyies him TOO. II they dared, they
would stroke his coat and rub shoulders |
with hun IN the hope Of gaining luck |
thereby.
Il VIII never forget the sensation
cansed once by . man getting up hero !
and calling Jones loudly by his first |
name. That William still rings Ia my
ears There was dead silence for fully a |
minute after it had been uttered Every |
one of Us expected TO see the rash man
struck by a thunderbolt or consumed by |
the whitening scorn Of Jones lightning |
glance. felt my blood CONCEAL with
horror. and several of the others told me
afterwarl that they looked fol some
thing awful. But Jones looked as sweet |
as an angel. and we all could have wor-
SHIPPED the daring one On the spot. he |
received dozen invitations TO drink |
within 10 minutes and was overwhelmed |
with offers Of cigars. His margin, after
ward discovered. was 10 per cent. There
is a report that another man called Jones
Bill some years ago, but don't believe !
It. If anybody did that, it was an out
Gder. No customer with a proper con-
Eiderstion Of the possibilities Of the fu-
ture could so far forget himself, even 4
though his immediate conditions were /
most prosperous New York Sun.