St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1901-07-06
THE GAMBLING EVIL.
Dr.. Ta1mage. Arraigns the Spirit of
Wild Speculation.

He Gives Some Account of the Finan.
cial Ruin of Other Days-Money
Golden Breasted
copyright, 1901. by Louis Klopsen, N. II
Washington.
In this discourse DR.. Talmage ar
raigns the spirit of wild speculation
and gives some account of the fnan-
cial ruin of other days; Proverbs 1915:
"Riches certainly make themselves
wings; they fly away as an eagle
toward heaven"
Money is golden-breasted bird
with silver beak. 1t alights on the
Office desk or on the parlor center
table. Men and women stand and
admire it. They do not notice that
it has wings larger than ravens,
larger than famingo's, larger than
an eagles. One wave of the hand
of misfortune and it spreads it's
beautiful plumage and is gone-''as
an eagle toward heaven" my text
says, though sometimes think it
goes in the other direction.
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 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 Ameri-
can cities and across the sea. En-
couraged by the revival of trade and
by the fact that Wall street disas-
ters 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 al
ways continue to ascend. They
gather in from all parts of the coun-
try. Large sums of money are
taken into Wall street and small
sums of money. The crash comes,
thank God, in time to warn off 9
great many who were on their way
thither, for the sadness of the thing
is that great many of the young
men of our cities who save little
money for the purpose of starting
themselves in business, and who
have $500 or $1,000 or $4,000 or $1O,-
600 go into Wall street and lose all.
And if there ever was time for the
pulpit to speak out in regard to GER
tain kinds of nefarious enterprises
now is the time.
Stocks rose and fell, and now they
begin to rise again, and they will
fall again until thousands of young
men will be ruined unless the print
ing press and the pulpit give en-
phatic utterance. My counsel is to
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 comparative
~ small interest, are sound and safe
beyond dispute, and to stand clear
of the Wall street vortex, where so
many have been swamped and swal-
lowed. What compliment it is to
the healthy condition of our country
that these recent disasters have in
nowise depressed trade! 1 thank
God that Wall streets capacity to
blast this country has gone forever.
First of all, Wall street stands as a
type in this country Tor 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
seven times heated furnace of Wall
street excitement and he either comes
out Shadrach, with hair unsinged, or
he is burned into black moral cinder.
No halfway work about it. II want
ed to find integrity bombproof,
would go among the bankers and mer-
chants of Wall street; yet because
there have been such villainies enacted
there at different times some men
have supposed that it is great finan-
,ial debauchery, and they hardly dare
20 near the street or walk up or down
it unless they have buttoned up their
last pocket and had their lives insured
Or religiously crossed themselves. Yet
Il you start at either end of the street I
md read the business signs you will
ind the names Of more men OF in
.egrity and Christian benevolence than
you can find in the same space in any
street of any Of our cities. When the
Christian commission and the sanitary |
wanted money to send
Medicine and bandages to the wound
ID, when breadstuffs were wanted for
'amishing Ireland, when colleges were
10 be endowed and churches were to be
supported and missionary societies
we're to be equipped for their work OF
sending the Gospel all around the
world, the first street to respond has
,een Wall street, and the largest re-
,ponses in all the land have come from
Wall street.
But while that street is type OF
;ried integrity on one hand it is also
;ype of unbounded swindle on the
,ther. There are the spiders that wait
or innocent flies. There are the croco-
lilies that crawl up through the slime
% cranch the calf. There are the
with lifted loop, ready to