The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-09-18
7 OST WHEN HE TRIED
l. TO WIN TOO MUCH
Lesson From Stock Speculation
Wac Lost on the Poker
Player.

, young looking man IN the club smoking
room, by what a cousin Of mine told me
, ono night toward IN. close NJ the civil
war At that time for one reason and
another, the community seemed Ia con
SYST ~ only two classes thos" who speC'I
lated a. heavily ~ they could and those
who r"iraln~d from speculation
II was therefore not 4 great surprise tn
m" n learn that Ellis had been sp~C,llatlnG
m SON" stock or other. don't remember
what. HIS announcements Of the fact.
however vas IN such form that II took
NV breath away. for W" were PEOPLE ~
very moderate means
"" said eEultantly. mad exactly
80" N nv credit at the Close IT banking
hours to-day Then I saw that he had
h""n drinking and | Shcd NJ him. hut
he INSISTED that u was true So I asked him
why on earth he had not cashed m. for 7
knew that the sum represented fortune
- HIM
why No sald the stock "a going NJ
steadily. and I'm holding ull get the
even hundred thou Then IN quit
~ kept me awake for a good part ~
IN" night and hunted HIM M nsxt morn
ing 70 know n he had closed ont found
n" had and 'ha' be had been obliged
~ pawn his watch 20 make his Margin
good
never forgot II and often philoAo-
rhrz~d over the folly A. y seemed ~ me.
NJ STAYING IN the game for small add
d''onal rrnft after having won. approx.
na'@lv. m" stake 10 had gone m for.
but wears and wears afte-Vard rlaved
\
ddnt chang" my opinion ~ what Fills
dh 10 ct'" '1" somewhat clearar ldea
~ - b." t,Ir wra' 1o irf ~
r"v"r yArod Erolt., 'n-tlo Wall street
gam" uvsalf. nor for hating On the races
ana Ct b""f "Np"r"nr" o. v.avIng against
hans Cav" me an v1nr"i o. that The
point was. as I n.-lraI - oui that I was
always Up against exports ~ gambling
n 'h' sort and wa nurclassai FROM tho
start
Poker. ~ looked ~ IT, was dit
f"r"rt In orHer {" enjoy that u was not
Necessary 10 9" ont - nv own class
Whom : wa~ learning / PLAYED with he-
g'.r"r- and as Progressed IN nv
- wI"dC" ~ the game | was always ahl~
20 avoid PLAYING with thn-a who were
greatly superior To- m. AhhrrinR to
ms ~riI". Il was . long Tim" before Won
'I-"t t. 40 m with professionals though
hua ..v ! came 20 have enough confidence
- rlv with auvhoty That didn't
r'Nar thar ] would ALWAYS win. hut | folt
hat ! was reasonably sure - detecting
any rrpoked PLAY and I was willing to
'aH" uharr"- so long A. tho game was
-trr an
~"rr' tim" after ! hal raach.-i W
D.. .st' had r"1rn"d tu,- stage ~ pro
6ru'r.v vt- .r D i,r," " o~tor-I town IN
'..-.r"-- 'Hp' d"'tri."i mo --..,r,i weeks
u "t- q .....,H ''rVr Hf.i everything N m.
Sa' q N.-.u,.-- was IN 10" llmp NV
.w' Affairs ''"h NV tune Aud attention
tri naU"i for tho I-" 81 about all tho
r"Edv money I could command hut
hadn't h~"n In tn" place long before |
caught -" fever & speculation and on.
day ! w. -nr"ly tempted
lh"r" came AN opportunity for a quick
turr Tint promised = good croft hut It
Gallo for something hike 100 IN
"t-a fHr m" - t.e" sivartlg. = u. and
all had nr hand for imm"iIat" ia, was
,"-- than Spo hai strength II mind
enough o. r.'-is' IN" temptation To- draw
IN my log .ti'nate business. but | could
not dismiss tn" thought - that spAc,ila-
t.nr
Toward Eht the thought came a. mo
that ! might. Il had iurA. win out in a
poker game. was wiling 10 r..E the
SEI nvt no moro. AMI ! Hu'W could
get mt" n.g game Il ch,-" Naturally
dli u
MrD"rmott'- ro.ui had IN" name ~
being ~" ,nVar"-t of the many gambling
huu-'- q. the town and Knew McD.rrnott
V". enough 10 know that wa .,kely at
l"t.f - get ran fnr my money lie
usually at "a himself Il there was "A game
81 ATTY ~" on. and this night | found hun
p!nyrnS with four other mon One q
them vas N" rhIaf - police oC the town.
30 thor" was a good Nk"uhood u square
game. Smother wt- a stranger from out
Il town wha might hIy" been a miner or
cpwtov nud ~" two others were men
''d -""u around ~" place. common
gambler aud a prosperous dentist
Iu"y w"r" PLAYING tah!c stakes. and
ought S1uu m hits ior - starter. re-
-oi,Iug 'p nuv ono" mora u u should he
u". '--a'y. rI' Ept FOB ~ further than
that l,a'i no questions. hur s""ins
a. gllu," 'htt tr"r" va o' So -, on
m" tanl" | r"okou"i ,2Io was none too
larg"
The rr-t hand caught was a pair 81
mines aud ~ ! was third from ~" az.
aI.l two men had come IN without raising
/ pvt IN my s. without any great horc 81
Winning Uuf thinking the chanra WAS
worth that much
-NrDrrIuui' who SAT next io me
raI-..d II - aud nv first thought Vas thai
! W. uo lpuI;"r IN u. but IA" chief traIlad
AMI III" dentist. vino had III" age" mad.
good It"u is ~" gambler and the.
miner both am" "a without raising there.
wa "a r.u' uf So on m" table. aud ~ D
oD~t only s. Tor ZOO" to com" ia and .lp.. D.
| took IN" ,Idurr
ON ~" draw zach player took 'hrc..
ards ~ ."ptiug Mcb.rmutt and n"
took Two ! 'Hvght INV third uIu" bui
had no c"niid"n,e even ~ that though
| SUSPECTED NcI-rmor - having held
NJ To arss The gambler not a white.
chip without looking The minor looked
and dropped. and ! Jaw IA" whit. chip
Then McD"rrnDt' raised il $50 and they ,
all drupprd around to n" / could do