The weekly examiner., 1901-06-29

tablished. Remember poor Ketcham. How soon the flying hoofs of his iron grays clattered with him to his de- struction! Remember poor Gay, at 30 years.of age~astonishing the world i with his fortunes and his forgeries. Remember that famous man whose steamboats and whose opera houses could not atone for his adulterous rides through Central park in the face of decent New York and whose be- havior on Wall street by it's example has blasted tens of thousands of young men of this generation.
 I hold up the polluted memory to warn young men whose moral princi- pies are not thoroughly settled to keep out of Wall street. It is no place for a man who shivers under the blast of temptation. Let me say also to those who are doing legitimate business on that or similar streets of which that is a type to stand firm in Christian principle. You are in a great com mercial battlefield. Be courageous. There is such thing as hero of the bank and hero of the stock exchange. You be that hero. have not so much admirat tion for the French empress who stood in her balcony in Paris and addressed an excited mob and quelled 1t as have admira tion for that vener- ble banker on Wall street who in 1864 stood on the steps of his moneyed in- stitution and quieted the fears of de- positors and bade peace to the angry wave of commercial excitement. God did not allow the lions to hurt Daniel, and He will not allow the "bears" to hurt you. Remember, my friend, that all these scenes of business will soon have passed away, and by the law of Gods eternal right all the affairs of your business life will be adjudicated Honesty pays best for both worlds.
 At certain times almost every pros- porous merchant wakes up, and he says: "Now, I have been successful in my line of trade, and have a tol- erable income. I think I shall go down to Wall street and treble it in three weeks. There's my neighbor He was in the same line of business. He has $3oo,0Oo- Or $400,O0 from the simple fact that he went into Wall street. I think I shall go too" Here they come, retired merchants who want to get a little excitement in their lethargic veins. Here they come, the trustees of great property, to fooleverything away. Here they come, men celebrated for prudence, to trife with the livelihoods of widows and orphans. Do you wonder that some times they become insane? It is in- sanity. Do you know there are hun dreds of young men who are perish fo c%o ol- bling? Do you know that in all Christian lands this is one of the greatest curses?
 It is not peculiar to mercurial Amer jeans Oh, no! Almost every nation has indulged in it. The Hol1anders, the most phlegmatic people in in1a the world, had their gam bling seizure in 1883. It was called the tulip mania. It was speculation in tulips. Prop critics worth S5Oo,00 were turned into tulips All the Holland nation either buying or selling tulips. One tulip root sold for $2O0, another for $2,000. Excitement rolling on and rolling on until history tells us that one Am sterdam tulip which was supposed to be the only one of the kind in all the world actually brought in the market $1,s16,0O0! That is matter came, and all Holland went down under it.
 But France must have it's gam bling expedition, and that was iD 1716. John Laws Mississippi scheme, it was called. The French had heard that this American continent was built out of solid gold, and the project was to take it across the ocean and drop it in France. Ex- citement beyond anything that had vet been seen in the world. Three hundred thousand applicants for shares. Excitement so great that sometimes the mounted military had to disperse the crowds that had come to buy the stock. Five hum dred temporary tents built to ac- commodate the people until they could have opportunity of interview ing John Law. A lady of great fashion had her coachman upset her near the place when John Law was passing in order that she might have an interview with that benevo- lent and sympathetic gentleman. Stocks went up to 2,o5O per cent, until one day suspicion got into the market, and down it all went-John Laws Mississippi scheme-burying it's protector and some of the great est fnanciers in all France, and was almost as bad as French revolution.
 Sedate England took it's chance in 1720. That was the South sea bubble. They proposed to transfer all the gold of Peru and Mexico and the islands of the sea to England. Five millions worth of shares were put on the market at g 300 share. | The books open, in few days it is all taken and twice the amount subscribed.
 Excitement following excitement l until all kinds of gambling projects came forth under the wing of this