The Charles Mix new era. (Wagner, Charles Mix County, S.D.) 1???-1911, 1908-11-06
CAT LIFE n DEATH
"0rsat White Way" Declared Caaa
o. Epidemic OF Failures.

o. Ep1oenlc Oh
fsothain's ~Isiasto--s.iat portion Of the
white light district Of broadway which
begins solacw here along aith street and
ends somewhere the other side Of Long
Acre Sauare-eane In for II c~astigatitn
nj thu hands III Edward T.. Moxey, ex-
pert bank examiner for the United
States Department III Justice. Mr..
Moxey's business Is 10 fit about the
country AMI peer unexpectedly over
shoulders of cashiers of national hanks
here aud there la order 10 find out IL
their cash balances are all right. M.
Mickey recently found u number Of
these gentlemen with cash balances all
wrong aud put them In the peniten-
tiary.
"You mean 'he Broadway New
York; he was asked when he sad said
New York wrs the eou>e Of IL all.
II mean the broadway New York"
he answered. quietly. Il mean the gor-
geous hotels and restaurants. the bars,
gambling houses. the myriad of thea
tcrs. palatial apartment houses. turning
night into day. | mean the food NJ
money In New York upon which this
life liz borne along. the craving for vast
incomes by which aione such a life can
Ne lived.
ITO say that even a bare majority
of the tens of thousands OF men who
nightly swell the crowd of amusement
crazed sIenders, who live In 5000
apartments and whose touring ears con-
gest the streets, are doing this with
money which is honestly theirs is alb
surd. They are not earning this mon
ey they are either Juggling other peo-
piles cash or they are gambling with
their own.
when you can 60 into a restaurant
at . O'Clock In the morning and behold
$4,000 worth of women's gowns at the
tables and 5000 worth of food In pro-
cess Of consumption. something is
wrong. And when you observe $4,000
worth Of automobiles waiting 10 take
this one supper crowd to their homes
or elsewhere-you may be sure there In
queer bookkeeping somew here"
1T is not only this sort Of life In
New York but In a more sinister way
the sight and example OF it which are
bringing about a degradation Of sense
Of common honesty throughout the
country. That American asset, the New
England conscience has become an OBJ
4rpf nf jaSf And as sail \nrv NnrL
is to blame.
"The young banker and bnsiness mar
Of the smaller community to New
York. He is taken in hand by his bust
ness acquaintance here and shown
about town. II.s hosts spend money
on a scale which dazzles him.
"He wonders how his friends manage
to share in this ~prodigality. and bit by
hit he finds out. They tell him funny
stories of transactions, which, reduced
to a proper financial analysis. are defai-
cations pure and simple. or at best
plain gambling. Everybody does it.
they say it's a part of the game and
back to his home town goes the young
banker filed with dreams Of sudden
wealth and all the gay life that goes
with II.
TOO often this person starts to lead
a gay life before he has got the sudden
wealth. He sees the rich customer OF
his bank riding up to the door with a
big deposit oil to get a letter Of credit
FOR a trip abroad. Perhaps, he tells
himself. 1t isn't the customers money nj
all. Why, then. shouldn't he manipu-
late 1t for his wv gain? Why isn't
1t anybody's to play with who can get
his hands on it? The life he has seen
and the methods he has learned are de-
%stroying his Of property.
He is somehow getting 1t into mis-
head that this money placed in his
keeping Is a sort of common property,
and that as long as he can keep his
books looking technically right he may
juggle with it for the benefit OF his
W personal pocket. He really comes
to believe. seriously. that this is so"