The Penn's Grove record., 1901-06-14

Lessons Drawn From Gambling CrRzes
Which Have swept over the world.
,c,ur-t.,. TOO,
'o'rS''s"' ''u''
WASHINGTON, u. C.-ln this discourse
DR.. Talmage arraigns the spirit Of wild
speculation and gives some account OF
the financial ruin OF other days; Proverbs
XIII, 5, Riches certainly make them
selves wings; they fly away as an eagle
toward heaven
Money is a gold breasted bird with
SILVER beak. 1t aIgllts on the Office
desk or IN the counting room or on the
parior centre table, Men and women
stand and admire It. They do not notice
that 1t has wings larger than a ravens,
larger than a ~hammgo's, larger than an
eagles. One wave of the hand Of mis-.
fortune, and it spreads its beautiful
plumage and is gone. ''as an eagle toward
heaven my textbook says, though some
times l think it goes in the other direc-
ton.
What a verifcation we have had Of
The flying capacity of riches IN Wall
Street! And Wall Street Is one OF the
longest streets in all the world. It does
not begin at the foot OF Trinity Church,
New York, and end at the East River, as
many suppose. 1t reaches through all
our American cities and across the seas.
Encouraged by the revival OF tradc and
by the TACT that Wall street disasters OF
other years were so far back as to be
forgotten, spectators run up the stocks
from point to point until innocent people
on the outside suppose that the stocks
would always continue to ascend. They
gather In from all parts OF the country.
Large sums OF money are taken into
Wall Street and small sums OF money.
The crash comes. thank God, IN time to
warn oil a great many who were on
their way thlther, for the sadness OF the
fhtnn TG thrf a uTpQf many ut the EnNInn
men of our cities who save a little money
Tor the purpose OF starting themselves
IN business and who have 5000 or $1,000
or $1,000 or $4,000 go into Wal Street
and lose all. And if there was a time for
the pulpit to speak out in regard to GER
tam kinds OF netarlous enterprises now
Is the time.
Stocks rose md fell. and now they
begin to rise again. and they will fall
again until thousands of Young men will
be ruined unless the printing press and
the pulpit give emphatic utterance, Nv
counsel is 10 countrvmen. so far as they
NAV hear of this discourse, if they have
surplus. To invest it in first mortgages
and in moneyed institutions which. though
paving comDaratiycly small interest, are
sornd and safe bcyond Dispute. and 10
stand clear OF the Wall Street vortex,
where so many have been swampcd and
swallowed. What a compliment it is to
the healthy condition OF our country that
these recent disasters have in no wise
depressed tradei I thank God that Wall
Streets capacitv to blast this country
has gona f1rnver
Across the island of New York in
1855 A wall made of stone and earth
and cannon mounted was buiIt to keep off
The sayares Along by that wall n street
was laid ont and ms the street followed
the line of tbe wall it was apnroDriatelv
called wan street, It il narrow. it Is
unarchiterturaI and vet it's history is
uniGue. Eycanting Jombard street. Lon.
don il il The miqhtiest street on this
planet There Inc Government OF The
United States was horn. There Washing.
ION hold his levees, There Mrs, Adams
and Mrs. Caldwell and Mrs, Knox and
other brilliant women of the Revolution
disnIavcd their charms There Wifher- |
son and Jonathan Edwards and George |
Wbitefnld @oInetimaa nreocbeJ There
DR.. Mason chidcd Alexander Hamilton
for writing the Constitution OF the Uni
ted States without any God in it. There
negroes were sold in the slave mart.
There criminals were harnesscd to wheel
barrowS and, like beasts of burden, COM
PEELED TO draw or were dashed through
the streets behind carts to which they
were fastened. There fortunes have come
to coronation or hurial since the day
when reckless spectators in powdered
hair and silver shoe buckles lodged Du-
gan, the Governor-Cienera of His Mai
esty, clear down to yesterday at 8 o'clock, |
The history of Wall Street is to a GER
tain extent the financial, commercial, |
agricultural, mining. literary, artistic,
moral and religious history of this coun-
try. There are the best men in this
country, and there are the worst. Every
thing from answering integrity to tip
top scoundrelism-everything from heav-
ON I1vp oharitYr 70 hi,nIlag1 Sh,1pol--