The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1901-06-15

principle is Thoroughly Settieo- mat
Is no place for a man 10 go into bust
ness who Toes not know when he is
overpaid five dollars by mistake wheth-
or he had better take it back again OF
not. That is no place for a man to go
, who has large funds in trust and who
Is all the time tempted to speculate
with them. That is no place for Sisa
to gowho does not quite know whether
the laws of the state forbid usury OF
~patronize il. Oh. how msLy men have
: risked themselves in the vortex and
gone down for the simple reason their
integrity had rot been thoroughly es-
tablishe6. Remember poor Keteham.
How % the flying hoofs of his iron
: grays clattered with him to his de-
%structioR! Remember poor Gay, at so
years of age astonishing the world
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 its example
has blasted ems Of thousands Of young
men of this generation.
| hold up the polluted memory to
warn young men whose moral princi-
pies are not thoroughly settled to keep
out of Wall street. 1t 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 a thing as a hero of the
bank and a hero of the stock exchange.
You be that hero. have not so much
admiration for the French empress
who stood in her balcony in Paris and
addressed an excited mob ard quelled
II as ! have admiration for that vener-
able banker on Wall street who in 1864
stood on the steps of his moneyed in
stitution and quieted the fears of de-
positors and babe 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, ] have been successful
in my line of trade, and ! have a tol,
cradle income. ! think | shall 90
down to Wall street and treble II in
! three weeks. There's my neighbor
: He has $500. 900 or $400.0 900 from the
: simple fact that he went into Wal
street. think | shall go too" Here
they come, retired merchants who
want to get a little excitement in
: their lethargic veins. Here they come
s the trustees of great property. t.
: fooleverythiug away. Here they come
e men celebrated for prudence, to trih,
r with the livelihoods of widows ant
o orphans. Do you wonder that some
times they become insane2 1t Is in
o sanity. DO you know there are hun
dreds Of young men who are perish
n ing under the passion for stock gam
k bling? Do you know that in al
o Christian lands this is one of tn,
greatest curses?
a 1t is not peculiar to mercurialA Amer
y leans. Oh, no! Almost every nation
has INDUCED in it. The Hollanders
d the most phlegmatic people in tn,
e world, had their gambling seizure II
r 1888. 1t was called the tulip mania
e 1t was a speculation in tulips. Prop
critics worth 100000 were turned int
$ tulips. All the Holland nation eithe
r buying or selling tulips. One tuli
root sold lor 5000, another for S2,OOC
I Excitement rolling on and rolling o
1 until history tells US that one An
: sterdam tulip which was supposed I
e be the only II of the kind in a
d the world actually brought in tn
n market S%l.sl6,0OO! That is a matte
l. of history. OF course, the cras
e came. and all Holland wen. dow
II under il.
= But France must have its gan
bling expedition, and that was i
= 1916. John Laws Mississippi schemI
-, IL was called. The French ha
;. heard that this American contineI
- was built GU of solid gold. and III
80 project was to take it across II
- ocean and drop it in France. L.
citement beyond anything that ha
=, yet peer seen in the world. Thr,
hundred thousand applicants Il
shares. Excitement so great thi
sometimes the mounted militaI
ha had TO dispense the crowds that hi
"a come to buy the stock. Five hu
~ bred temporary tents built to a
ba commodate the people until tn,
could have opportunity of intervie'
.. ing John Law. A lady of gre
-, fashion had her coachman upset h