The Farmville herald. [volume] (Farmville, Va.) 1890-1934, 1901-12-06
FARNIVILE. VA. FRIDAY, DECEMBER 6, 1901.

| gone down for the simple reason their
I integrity had not been thoroughly es-
I tablished. Remember poor ketcham.
How soon the flying hoofs of hi, iron
grays claitered with him to his de-
structionl Remember poor Gay. at 30
/ years OF age astonishing the world
with bis 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 - example
has blasted tens of thousands OF young
men Of this generation.
hold mp the polluted memory TO
warn young men whose moral princi-
pies are not thoroughly settled TO keep
out of Wall street. II is no place for
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 type TO stand firm in Christian
principle. You are in a great COM
mercial battlefield. BE courageous.
There is such q thing as a hero Of the
bank and hero Of the stock exchange.
You be that hero. have not so much
admiration for the French empress
who stood in her balcony I'm Paris and
addressed an excited mob and quelled
il as ! have admiration for that vener-
able banker on Wall street who in 1864
stood on the steps Of his moneyed in
stiiution and quieted the fears OF de-
positors and bade peace to the angry
wave of commercial excitement. God
did not allow the lions 10 hurt Daniel.
and He will not allow the bears" 10
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 adiudicated.
Honesty pays best for both worlds.
At certain times almost every pros
porous merchant wakes up. and he
says: "Now, l have been successful
in my line Of trade, and have a toll
cradle income. I think / shall 20
down TO Wall street and treble II i'm
three weeks There's my neighbor.
lie was I'm the same line of business.
He has 100000 or 100000 from the
simple fact that he went into Wall
street. l think 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 trifie
with the liyelihoods of widows and
orphans. Do YOU wonder that some
times they become insane? II is in
sanity. DO you know there are hum
dreds Of young men who are.perish-
ing under the passion for stool: gam
bling? DO you know tnat in all
Christian lands this is one Of the
greatest curses?
1t is not peculiar to mercurialAmer-
leans. Oh. mol Almost every nation
has INDUCED in it. The Holanders,
the most phlegmatic people in the
world. had their gambling seizure in
1858. 1t was called the tulip mania.
1t was a speculation in tulips. Prop
critics worth S50O.OO0 were turned into
tulips. All the Holland nation either
buying or selling tulips. One tulip
root sold ior $500. another for 81 200.
Excitement rolling on and rolling on
until history tells us that one Ann
sterdam tulip which was supposed to
be the only one Of the kind in all
the world actually brought in the
market S1.Sl6.00O! That is a matter
of history. OF course, the crash
came. and an Holland wen Gown
under IL.
But France must have its gam
bling expedition, and that was in
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 il across the
ocean and drop it in France. Tx
citement beyond anything that had
vet been seen i'm 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 beneyo-
lent and sympathetic gentleman.
Stocks went up to 2.Oj0 per cent,
until one day suspicion got into the
market. and down it all went-John
Laws Mississippi scheme-burying
its protector and some Of the great
est fnanciers i'm all France, and was
almost as bad as a French revolution.
scdate England took its chance
in 1920. That was the South sea
bubble. They proposed TO transfer
all the gold of Peru and Mexico and
the islands of the sea 10 England.
Five millions worth of shares were
put ON the market at $500 share.
The books open. i'm a few days it is
all taken and twice the amount
subscribed.
Excitement following excitement
until all kinds of gambling projects
...,,n fnrth nndnr the WING of thI.