The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1904-02-22
RANDOM THOUGHTS
nv
WILL n. MAYKs

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| heard Of man the other day
who had been buying cotton futures
and who bad made several thousand
dollars The market changed and
he began 70 lose money. Being q
-strict church member his conscience
began 10 hurt him as soon as he got
on the losing side. He met brother
in the church and asked him If he
thought dealing Ia cotton futures
was gambling. Certainly" was
the rerly. $50 do II he said, ~
used to think It was all right, but
now think it is gambling and the
riskiest kind of gambling and / am
going to quit too" AS long as he
made money, it looked good to him
when he lost ii looked bad.
-
We too often shape our opinions
by our own selfish interests. Our
decision issafFected by the ownership
OF the OK gored. have seen church
4
minister would condemn IN individ-
uals. The business conducted on
the lines of most church fairs would
not be tolerated by fair minded peo-
| pie. Even the methods often adopt
ed In church collections smack of
extortion. An effort IL frequently
made to wiring money from the con-
gregation knowing II lie unwilling to
be worked. Every preacher knows
the way IL 10 done. bat some justify
the means by the ends, though IL
has somewhat the appearance of n
nignwayman's nold-up.
="
Short cuts TO fortune by way OF
the cotton exchange, or any other
exchange Of the kind, is indeed a
pretty risky business. OF course q
man uses his judgment In investing
In futures, bat there 10 always "a fe.-
low on the other side of the deal
backing bis Judgment with bis
money. Usually he follows 1t an q
business and from long experience
Is better prepared to take care OF his
money than the d novice. Your
money IL never safe in n cotton deal
as many people have lately learned,
and though you may win for awhile.
unless you are remark ably fortunate
you will Ia time lose both earnings
and capital. II Is the lucky fellows
winnings VS. hear most about aud
not the other mans losses. or
course sons men can afford to lose
their investments, bat IL you can't,
you had better stay off the exchange
/ arr not discussing the question OF
right or wrong involved In sueh
speculAtions, but purely the advisa-
b,iiiy Of engaging In such transac-
lions from "a business STANDPOINT
a.
The greatest troubla with fatufs
dealing is the fascination about il
that holds. s. man 20 il whether he is
gaining or losing, the deiusivs hope
held out that he will make big money
after awhile, the mania for making
money in that way. The strongest
proof that can be given OF the
danger from IL IL that il the great
commercial agencies learn that the
small merchant lis engaged Ina il, his
credit IL at once weakened.
-
All Of this speculative fever comes
from too great desire 10 get rich
quick, 20 earn money without labor,
30 pile mp a fortune without wait
ing. IL is eommendahle to desire TO
make aud save money, bat to regard
1t as the sole object OF life is wrong.
Life seems 60 have become, with
some men, a mad struggle for for
tune which lasts right up to the
grave. But few ever become salts
he'd with what they secure though
they know they possess many times
more than they can ever use. / be-
ieve that more satisfaction can
come from doing good with money
han from gaining more of IL than
ian BE- nsed. Carnegie's idea of Civ
ng away his fortune before his
ieath Is commendable one. He
nay not be using his gifts TO the best
advantage by establishing Libraries,
,ut the influence OF his wealth will
'e felt for centuries To come. A man
ioes not have to be millionaire to
lelp mankind with his wealth.
There are dozens of opportunities all
around Ne for the man OF moderate
means, who wants to do permanent
.ood "a bis fellowmsn.