Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-08-23

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standing, business and social, is now
| the highest, were only doing this same
! thing, and hayin1y been successful, they
| have never bee detected or suspected
But even SUPPOSE l fail which can
| only be throI~h some extraordinary
accident har oe2ing while [ am en-
! gagged in sell, 9, / shall have COM
mitted no crime, and, in fact, shall
have done no one any great moral
wrong, for if fail to carry out my
! contract to- deliver the stock ! have
sold in trying to produce a panic, the
men to whom I have sold will be no
4 worse of for not receiving what they
bought; in fact, they win stand JUS
where they stood before l attempted
to bring on a panic.
Second, If an exchange member for
any reason should find himself over
| board and should realize that he must
publicly become bankrupt and lose all,
he surely would be a fool not to at
tempt 20 produce a panic, when its
! production would enable him to recoup
| his losses aad prevent his failure and
when if by accident he should fail in
his attempt to produce a panic, the
penalty would simply be his bank
ruptcy, which would have taken place
| in any event.
THE third class is that large one
! thar always win exist while there is
Safeguarding, a class of honest,
square-dealingp lay-the game fair eS.
| change men who would take no unfair
advantage Of their fellow-members TN.
til they become awakened to the
knowledge that they are about to be.
ruined by their fellow-members' trick.
cry.
Next. let us consider further wheth.
/ err 1t IS possible for our exchange TO
prevent my device from being worked.
| now that it is known to all. Suppose
the governing committee was informed
In advance that the attempt to work
sns ,.-Ss vas to be made. If, at any
.fJer ong-strIKe. the govern.
| ing committee, or any exchange au-
thority, could for any reason compel
member to cease operating. even for
the purpose Of showing that his trans
actions were legitimate, the entire
structure of Safeguarding would fail.
Think 1t through Suppose a man like
Barry Conant or myself or any active
commission broker, begins the execu.
ton of large order for a client, one.
say, who has advance information e.
receiyership, fire at mine, the
death Of president, declaration Of
war, or any Of the hundred ana one
4. L.,
acted upon instantly, where a delay OF
minute would ruin the broker, or his
house, or its clients. If the governing
committee could thus call the broker
to account the professional bear OF
the schemer, who desired to Prevent
him from selling, would have but to
pass the word to the president OF the
exchange that the broker in question
was about to work Brownley's discov.
cry and he could be taken from tbs
crowd and before he returned his
place could be taken by others and ne
could be ruined
Men of Wall street, it is impossible
to prevent the repetition of those acts
by which in Ave Years | have accumu.
lated billion dollars, impossible SC
long as a short sale or repurcbase
and resale, is allowed. When short
sales, and repurchases and resales, are
made impossible, stock speculation VIII
be dead When stock speculation is
dead the people can no longer be
robbed by the System In leaving
you, the exchange and stock gambling
forever, as ! shall when ! leave this
platform, ! will say from the depth OF
heart that has been broken, from tbs
profoundly of a soul that has been
withered by the System s poison, with
full sense of my responsibility to my
| fellow-man and to my God, that ad
wise every one OF you to do what
have done and - do it quickly, before
the doing of !. ~ others shall have
made it impossible, before the doing
of it by others shall have blown IN tbs
whole stock-gambling structure. In
accepting my advice you can quiet
your conscience, those of you who
have any, with this argument II
start, am care of success. If sue.
coed. no one will be the wiser THE
millions | secure will take from r,ea
who took them from others and wno
would take mine. The more ] and
Others take the sooner viii come tae
day when the stock-gambling stree
ture will fail
The day On which the stock-gSni
bling structure falls is the day ioi
which all honest men and woman
should pray
Bob BROMLEY paused and let ais
eyes sweep his dumfounded audience.
There was not murmur. The crowd
was speeches..
Again his eyes 2wcpt the ro9rl
Then he slowly raised his right Eaa5
with fist clenched, as though about to
deal blow.
Men of Wall street''-his voice was