Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1901-09-20

interesting not so much because of the
author gives his readers of the business
methods of Wall street. In this he thor
Saggds It With vivid IDS sn65 ba
carries with it both interest and instruc-
ton to the lay reader. We reproduce be-
ers, the chapter in the volume descriptive
of the scenes on the New York stock ex-
there:
MTHAT happened on this famous
wv Tuesday has been lightly
touched on in the opening chapter of
this history. The morning papers had
devoted considerable space to the
bear furry in Wall street. There
were guarded illusions to the coup
performed by Mr.. Kent, who had con-
Quoted his operations with little at
tempt to disguise his attitude. His
profits were variOusly estimated at
from $750,OOO to 100000, and it was
strongly intimated that he would live
to regret the unwarranted scare he
had precipitated. The Record had
an illustration proving that if Mr..
Kent's winnings were in 81 bills they
would make package three times
the height of the Eiffel tower, and
that it would take two express cars to
hold them.
This pleased the public, and recon-
ciled them to the losses which had
been sustained by the small speculat-
ors.
On the preceding evening the ex-
element on the Stock exchange had
been transferred to the big hotels and
fashionable cafes uptown. The more
important spectators made the cir
cult of the hotels and clubs in search
Of the financial giants of Wall street.
Such as were interviewed profeSSed
utter ignorance of the cause of the
decline. Mr.. Kent was not to be
iOund at any of the places he was wont
to frequent and several anxious fol-
towers called up his residence by tel
ephone, but were told that he had not
yet arrived. Mr.. Morton did not make
his usual appearance at his favorite
club. The morrow was anticipated
with dread by those who had trailed
in on the much-heralded boom.
On the following Tuesday morning
London ignored the New York break
in prices and opened strong. Chicago
and the speculative west looked on
its splendid crops and telegraphed
buying orders in generous volume
The galleries around the trading floor
of th.. exchange were crowded with
the sight-seers who are always in
force wien the market is excited. The
hand on the big clock slowly ap-
preached the hour of ten. The thou
sand or more brokers gravitated to-
wards the various standards which
+1,o Of hn Mt fro
ing stocks.
Did you ever make the experiment
with iron filings and a magnet? Place
such filings on sheet of paper and
pass a magnet under the paper. The
tiny bits of metal will mass themselve:
in peculiar and irregular figures. A:
the magnet moves, kaleidoscope
changes will be effected. individual
filings will detach themselves from
one mass and fly to another.
Such was the scene on the floor O.
the New York Stock exchange. The
great gong sounded. The murmur he
came as the roar of a freight tran
as it dashes past the echoing walls O
a station. At the signal of the gons
thousand well-dressed men becam,
maniacs. Their faces grew purple
Madness glared from their eyes. The,
assault one another. In their demonia
cal fury coats were ripped from shout
ders, hats crushed, and scarfs tori
into shreds. With waving arms ant
extended fingers, with voices rcspins
shrill, vibrant, hoarse. thunderous
menacing, incoherent-it was the in
carnation of riot, the sublimated es
sence of disorder. At times a MAJ
could be seen fighting his way out o