Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1901-06-14

A.e 8. 4
1911
WASHINGTON, June DIN this dis
course DR.. Talmage arraigns the spirit Of
wild speculation and gives some account
of the financial ruin Of other days; Prov
CRIBS xiii, ), "Riches certainly make
themselves wings; they fly away as an
eagle toward heaven"
Money is a golden breasted bird with
silver bcak. 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
q ravens, larger than lamingo's, larger
than an eagles One wave of the hand
Of misfortune and it spreads its beautiful
plumage and is gone-"as an eagle to-
ward heaven" my text says, though
! sometimes / think it goes in the other di-
rectiOn.
! w nat Il NefluCdllOH we nave utu VI tAN
! 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 sup
pose. 1t reaches through all our Amer
lean cities and across the sea. Encour
aged 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 pOin
to point until innocent people on the out
side suppose that the stocks would al
ways continue to ascend. They gather il
from all parts Of the country. Larg
sums Of money are taken into Wall stree
and small sums of money. The crasl
comes, thank God, in time to:warn off
great many who were on their way thith
er, for the sadness of the thing is that 4
great many of the young men of our cite
who save a little money for the purpOs
Of starting themselves in business, an
who have $500 or $1,000 or $4,000 0
$4,000 go into Wall street and lose al
And if there ever was time for the pul
{ pit to speak out in regard to certain kind
/ of nefarious enterprises now is the time.
Stocks rose and fell, and now they bC
gin to rise again. and they will fall agai
until thousands Of young men will b
ruined unless the printing press and tn
pulpit give emphatic utterance. My couI
l sci is to cOuntrymen, so far as they ma
hear of this DISCOURSE If they have SUI
c plus to invest it in first mortgages and
Z mOneyed institutions which, though pa!
f ing comparatively small interest, al
sound and safe beyond dispute and {
stand clear of the Wall street vOrte,
d where so many have been swamped an
swallowed. What a compliment it is
y the healthy condition of our country TIL
l. these recent disasters have in nowise d
+ pressed trade! ! thank God that Wa
a streets capacity to blast this country HI
gone forever.
A street with a History.
j Across the island OF New York in 1G'
a wall made Of stone and earth and ca
non mounted was built to keep off q
7 savages. Along by that wall a sire
e was laid out, and as the street fOllOw'
L the line Of the wall it was appropriate
called Wall street. 1t is narrow, it is Il
architectural, and yet its history
unique. Excepting Lombard street, LO
don, it is the mightiest street on IL
Il planet. There the government Of
r United States was born. There Was
&c ington held his levees. There Mrs.
W ans and Mrs. Caldwell aud Mrs. Kn
al and other brilliant women of the Revo
s. ton displayed their charms. The
WitherspoOn and Jonathan Edwards a
- George Whiteiield sometimes preach,
, There DIR. Mason chided AlexanC
Hamilton for writing the constitution
h., TTnfkaI Cfoknc rrsffhp4fk on God in
There negroes were sold in the SID
" mart. There criminals were harness.
L. TO wheelbarrows and. like beasts of b
den. compelled to draw or were lasl
through the street behind carts to VIII
- they were fastened. There fortul
have come to coronation or burial sill
the day when reckless spectators
lei powdered hair and silver shoe buck
lodged Dugan, the governor general
oV his majesty, clear down to yesterday a
an an o'clock The history of Wall street is
att certain extent the financial, comm
lies cial, agricultural. mining, literary, ar
~. ~ tic, moral and religious history of
in country. They arc the best men in
ie,s country and there are the worst. Eve
thing from answering integrity to
ons top ndrelism-everything from he
i0r en- born charity to bloodless Shylocki
| want to put the pillow in Mt the CT
mi stone Of Trinity and drive it G
IN through to Wall street ferry. And S
- shall 90 if the horses are strong emo
81 to draw the pillow.
- First of all. Wall street stands a
type in this country for tried integ
and the most outrageous villainy. Fa
,,,b crs who have only few hundred doll
erv worth OF produce to put on the ma
ton have hut little to test their character,
rk- put a man into the seven times hei
furnace of Wall street excitement AM
RE. either comes out Shadraeh, with
nsinged, or he is burned into
moral cinder. No half way work a
it. If I wanted to find integrity b,
proof. ! would 20 among the bankers
merchants of Wall street. yet bee
there have been such villainies ena
rory there at different times some men
pain supposed that it is a great financial
All hatchery, and they hardly dare so
O"N the street or walk up or down it III
they have buttoned up their last pc
. and had their lives insured or rclgiC
- crossed themselves. Yet if you sta
nd either end of the street and read the
ness signs yCS will find the name
more men of integrity and Christian
nevolence than you can find in the
lfS space in any street of any of our c
&S When the Christian commission an,
sanitary commission wanted mono
eetS send medicine and bandages to
lGNS wounded, when breadstuffs were w
DO for furnishing Ireland, when colleges
ty'sS TO be endowed and churches were
entS supported and missionary societies
n to be equipped for their work of Sc
the gospel all around the world. the
,S.& | street to respond has been Wall S
and the largest responses in all the
have come from Wall street.
Y q But while that street is a type of
Integrity on Che hand it IS also a ty
.ction. rnbounded swindTe on the other.
y. are the spiders that wait for inr
llies. There are the crocodiles that
up through the slime to cranch the
/, Del. There are the anacondas, with lifted
- ready to crush the unwary. The
LES seaaS pa E1e'6 or ca rR nq ah
TO sweep over our commercial inter
Let me say it is no place for a I
go into business unless his moral
- pie is thoroughly settled. That
pace Tor man 10 go INTO Duslhe'
does not know when he is overpaid
derste. mistake whether he had better
- back again or not. That is no pli
Ter, a man to go who has large funds j
70 esti- ana VINO Is an the time teinp1eu
lilders ulate with them. That IS no plac
ntire or mon 70 90 who does not quite
L other '"" - - Al, eto+o
twenty Whetnet Tue laws VI my s'n'O
erences hsury or patronize 1t. oh, how
dilford, mon have risked themselves in the
and gone down for the simple
h.