The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1904-04-01
WON md Losr MlLu,oNs.

EeNEZ@
GaGaiNE


~ 49, ny SSSyssss, MAO ~. Shs 4
naniel j. Sufiy, thelcotton King Of IL
New York cotton exchange, violate
Es1f1diuonab staying In a@hnn@@.zsarS
Tor month"; and mslkinR $S.0oo,anNNt
1o,00O.000 profits. Snlly doomed tn
2tlce OF cotton on d simple system
N IT. brtefest form his creed was this
Inc demand Tor cotton Is increasin,
livery year n the supply is II
creastng to keep up with the demand
Napoleo was not surer Of his t q tina,
lNhie man OF his cotton dogma It wa
aid: There have been other cottol
SINS now longer who bari
howl and htrsg arms about in tn,
pit for daily bread az common brokers
The had dogmas and systems, too
nevertheless they are now fretting theil
Drains away and tearing their throat,
for mere commissions, the last vestige.
OF their 6reatness forever departed
has.
Sully saw all these things. He wa,
often In the pit, standing on the eleva.
ton near the brink like Napoleon en-
Toying q battle.
One day he stood at the outer edge Of
the maniacal pit IN the New York
change the most placid and impertur-
able man In that scene Of passion,
Within twenty -four hours he had seen
Iat least S2.000.000 of his profits swept
sway and prices were stMl sinking. The
100000 balesBof cotton held by him and
his supporters had been worth $685.
100000 at ~ cents a pound. Already
s42,000,000 OF the money made In the RI
gantic stroke Of speculation was gene,
and word had gone forth that the mar
ket would be smashed fiat.
Sully watched the brokers with the
air OF assdisinterestcd spectator.
/. Not q sign OF emotion in the gray
eyes. Not 4 droops to the broad shoul-
iders. The plump hand, with its seal
ring. removed the stogie and caressed
the short brown mustache. It would
have meant distraction to show signs
lof agitation in the presence Of that
master Of the pit.
Keen eyes watched. Young brokers'
left the pit, whispered to him and
plunged back Into the roaring ring OF
brokers. He drew q notebook fron8
his pocket and glanced at 1t with a lazy
air. Was he not the master OF h
worlds market. the cotton king? Had
he not increased the selling value Of
the American crop atsleast $780, 600, 900?
And what did those bowling dervishes
know about the future?-cowards, who
20 lately trembled before him. Had he
not cleared a profit of $4,000, 0oOsin the
rise OF cotton onlya few month"; ago?
Yet as he stood there musing, the
market was being smashed and his foes
Were prophesying ruin for him. The
hand of the clock was almost on the
closing minute. The boys at the big
blackboard OF the exchange were writ
Ing down disaster In lower and lower
prices.
f. Was coolness Itself.
! Sully pushed his way Into the Dit and
pressed against the circular brass rail-
Ing around which friends and enemies
were bowling. The man on his right
rarnmed him In the ribs. He was jostled
nm thA loft ~ A mn hahyn1 aoc 1Li-SAI
down on the railing. leaned over him
and yelled new price.
Sully took 1t all calmly. He moved
his hand, shouted price or two, smiled
across the pit at young Mr.. Wilson,
high-collared youth who was cotton
king twoSyears ago-and with q word
or set a new chorus of voices In
motion. Thegong sounded, q Few shouts
followed and then Mr.. Sully walked 4
away Q million or two poorer, but still
playing the part Of a man at peace
With himself and the world. for one
that stage successfully.
Back OF ~ all was the sustaining
power of his greed-cotton is not In
creasing as fast an the demand for II
increases, therefore tie price, must still
rise-andS week after week this went
on.
AT all times sully was debonair. He
couldn't speak without smiling. 1t "a
slow, rather lazy smile. Sully had
inst lost at least q million OF his profits.
cotton king looked up with a smile.
His large blue eyes twinkled.
Don't you think cotton has veached
the top figure" was asked. ..Isn't I'll
going to be cheaper?"
Again the smile. Nor would he give
any .ufther about cotton than this
o%Tacular reply. But his manner his
smile, he tone Of his voice, all indi-
Gated great hope and cheerfulness and
apparent forgetfulness Of how the
bears only q few minutes before had
yictously clawed him.
Not the least interesting detail In
remarkable career Is the way
his appetite for millions has grown
with what II fed on. It was a standing
joke among those who know him best
he wanted to quit the game one
year ago,when he was $50 900 ahead.
tradition was hat his little part
ner' persuaded him to stay In and take
riches he could get. The young
man from Providence felt that $4,000
was q sufficient competence to retire
ON. That a of course, tho effect OF |
having lived for years on $75 a week.
he juggled with millions as if
We're white chips at a poker table.
ST, NichoIas'% Bones.