Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-03-26
DALLIED WITH STOCKS ENDS uFES lAB0RS
Dominic Tells How He Beat Dr Robert Reyburn Succumbs
the Gambling Game. to Brief Illness
WHY HE LEFT WALL STREET |ATTAINS AGE OF rs YEARS
Brought His by Serious Native Scotland Spends Most OF
Spell of Illness. 'afeef 1eie'
AVG II CAN MAZE s1oo nav ACTIVE PUBLIC PROJECTS
vr posor civs STARTLING Tn Fr Army
on FIacuce OF rroelon-From-
At ALBANY n
WHY HElEFT WALL STREET
Brought to His Senses by Serious
Spell of Illness.
New York Pastor Gives Startling In
formation on Broker Methods
at Albany.

II can take a hundred-dollar bill. a
pencil and a pad of paper and make 500
| a day easily by standing over stock
| ticker"
| This statement coming from a man
wearing the garb of a clergyman and
with massive brows Overshadowing keen
gray eyes made the members of the
state senate finance committee at Albany
sit up and take notice.
The speaker was Rev. E. E. Ford. as
sistant pastor Of the Church Of the Stran-
gers Of New York city. who was urging
| the committee to report his bill incorpo-
rating the Worlds Bible League-a prop
osition in itself so extraordinary in scope
and purposes as to inspire Chairman
Davis to characterize 1t as the newest
| form OF trust"
Prompted by the statement Of his ca
pacity as a financier, members of the
| committee asked many questions of Rev.
DR.. Ford.
Why He Quit Stock Gambling.
"Why did you leave Wall street. doc
tori" asked Senator Wagner.
Because l saw it as it was during a
serious illness in which I looked beyond
the portals of the other world.' replied
the speaker.
Then, in answer to further interroga-
ton. he told the story of his twenty
years experience in Wall street as
trader" at the end Of which time he
brought away several hundred thousand
dollars and a pretty good idea Of the
methods that prevail In that interesting
section Of the world.
Il studied for the ministry" he said
but misfortune compelled me to leave
it. / had four families on my hands
and had to make from $4,000 to $4,000
a year. 1 made it in Wall street. 1 made
$4,000 the first year with capital of
$780,, No man who ever went there had
a Better chance to study the methods
that prevail. and my advice is that if you
are looking for a fair business chance
and Wall street is east of you, then go
west.
95 Per Cent Lose Their Money.
"Ninety-five per cent of the men that
go to Wall street lose their money, be-
cause they don't know anything about
the game. I knew all about it and won.
The reason that Wall street men make
money Is that they know, while the other
fellow Is guessing"
Did you make your money legitimate
ly. doctor?" asked Chairman Davis.
What do you mean by legitimately?"
retorted the clergyman.
"Oh. I don't know: by the Wall street
Yes. according to. the standards of
Wall street"
Have you dabbled in stocks since
Wainwright
mo, the Lord opened my eyes, and I
saw Wall street in all it's hideous naked
ness" ..
Scheme Looks Like a Trust.
did you keep the money you made in
Wall street," was Senator Wagner's
question.
Eyes. there are ways of making money
there that are legitimate-pitting your
knowledge against that of the profess
SIGNALS in the game"
In explaining his bill for a charter: for
the Bible League. DR.. Ford took excep-
ton to suggestions that IT sought to
create a gigantic trust Of a religious
character.
The bill names as incorporators DR..
Ford. Rev. Daniel S. Gregory and Carl
ton H. Tyndall. and two other persons.
with DR.. Ford as executive incorporation.
with powers Of perpetuating control. by
designation Of his successor.
Purposes Of the League.
The purposes Of the league are: "To
defend the Bible. promote its principles,
promote the education Of men for the
ministry. to establish and maintain a
Bible university, to aid and advise per-
sons who desire to give. transfer. de-
wise. bequeath. or ALLEVIATE their prop
erty for the furtherance of the Chris
tian religion. to provide for the improve
ment of living conditions in this and
every other country in the world, to
hold property under proper Legislative
restrictions"
The elastic provisions of the measure
were subjected to much criticism by
members of the committee, because of
the absolute control Of all property and
assets which it gave DR.. Ford. Senator
Wagner declared that 1.-The only limit is
the sky"
The committee did not act on the bill