Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1901-06-10
I(ya !!!!![!l % g
zgAg@@as@ e. ~
AzHHaHHg


count of the financial ruin of other
days; Proverbs xiii, 5, Riches GER
tainly make themselves wings; they fly
away as an eagle toward heaven"
Money is gold breasted bird with
silver beak. 1t alights on the office
desk or in the counting room or on the
parlor center table. Men and women
stand and admire it. They do not
notice that it has wings larger than a
ravens, larger than fiamingO's, larger
than an eagles. One wave of the hand
of misfortune, and it spreads its beauti-
full plumaGe and is gone, las an eagle
toward heaven my textbook says,
though sometimes l think it goes in the
other direction.
What n veritcatiOn 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. 1t
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 trade and by the fact 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.
Larg sums of money are taken into
Wall street and small sums of money.
The crash comes, thank God, in time
to warn off a great many who were on
their way thither, for the sadness of
the thing is that Il great many Of the
young men of our cities who save a
little money for the purpose of starting
themselves in business and who have
$500 or $1,000 or $4,000 or $4,000 go
into Wall street and lose all. And if
there ever was a time for the pulpit to
speak out in regard to certain kinds of
nefariOuS enterprises now is the time.
Stocks rose ana fell, and now they
begin TO rise again. and they will fall
again until thousands Of young men
will lie ruined unless the printing press
and the pulpit give emphatic utterance.
Ny counsel is TO cOuntrymen, so far as
they may hear Of this discourse, if they
have surplus, to invest it in first mort
cages and in moneyed institutions
which. though paying comparatively
small interest, are sound and safe be
yond dispute, and to stand clear of the
Wall street vortex, where so many
have been swamped and swallowed.
What Il compliment it is to the healthy
condition Of our country that these re-
cent disasters have in no wise depress-
ed trade, I thank God that Wall
streets capacity to blast this country
has gone forever.
Wall Street.
Across the island Of New York in
1853 4 wall made of stone and earth
and cannon mounted was built to keep
off the savages. Along by that wall a
street was laid out, and as the street
followed the line Of the wall it was
appropriately called Wall street. 1t is
narrow. it IS unarchitectural, and yet
its history is unique. Excepting LOm-
bard street. London, it is the mightiest
street on this planet. There the gov
eminent Of the United States was born.
There Washington held his levees.
There Mrs. Adams and Mrs. Caldwell
and Mrs. Knox and other brilliant WO-
men of the Revolution displayed their
charms. There WitherspOOn and JON
athan Edwards and George Whitetield
sometimes preached. There Dr. Ma
son chided Alexander Hamilton for
writing the constitution of the United
States without any God in it. There
negroes were sold in the slave mart.
There criminals were harnessed to
wheelbarrOws and, like beasts of bur
den, compelled to draw or were dashed
through the street behind carts to
which they were fastened. There for
tunes have come to coronation or buri-
al since the day when reckless specu-
lators in powdered hair and silver shoe
buckles lodged Dugan, the governor
general of his majesty, clear down to
yesterday at o'clock. The history of
Wall street is to a certain extent the
financial, commercial, agricultural,
mining, literary, artistic, moral and re-
Egious history of this country. There
are the best men in this country, and
there are the worst. Everything from
answering integrity to tiptop scoun-
drelism- everything from heaven born
charity to bloodless Shylockism. l
want to put the plow in at the curb
stone of Trinity and drive it clear
through to Wall street ferry, and so
1t shall go if the horses are strong
enough to draw the plow.
First of all, Wall street stands as a
type in this country for tried integrity
and the most outrageous villainy.
Farmers who have only few hundred
dollars worth of produce to put on the
market have but little to test their
character, but put man into the sew
en- times heated furnace of Wall street
excitement and he either comes out a
Shadrach, with hair unsinged. or he is
burned into q black moral cinder No