The Detroit times., 1910-03-03
LURE OF TICkta
q IS TOO GREAT
Ratten Now Denies He Will Retire
and Tells Of Fascination Of
Speculation

NEW YORK. March g." Specu.e-
ton IN the spice Of NE Ii had 10
80 along in the same mL } think b
would want TO die There's noth'ne
like taking chances IN this wor.d 1t
keeps you youns ana maAes yul
HAPPY
Smiling Ike DO. ,us- out OF
school, James A. Patten. me big Chi
cago inancieI and wheat Spectator
emphatically denied today. as the blk
Mauretania pulled ont OF her SIN Tor
Liverpool, the report Thai he has ail
the money he wants and Is going To
live the life OF retired merchant
He is simply going abroad on vaca
ton trip Will come back hs the same
steamer, and has the same interest
ia the affairs OF the world now that
he had in the excitement OF last sum.
mers great campaign in wheat when
he is credited with cleaning up twenty
million dollars.
Patten has some emphatic views Oh
the suggestion that the wheat market
can be coruered.
1T is absolutely. Rbs4TO to declare
that anyone man or--seI. OF men can
get corner on. the wheat OF ,he coun
try" ne said. .-
You work hare ana Try 10 bay ny
the entire supply After investing
great amount OF money and accnmu'
lating what YOU consider a great Inc
you reach your Office some day 10
tind out that somebody else has turn
ed NJ with another big line and that
they arc seliinv - AT Low figure
What do yoh dos Welt II you are
ike me. YOU sell at his AZURE also.
You face a losing proposition, hut II
IS great game.
Now Ter me say RICH, here that
speculation is the spice of life. Even
old man John G. Rockefeller, ana he
emphasized the g, even though II Is
20 he presumed he knew full we'll that
the middle initial OF the OIL king Is
n" Even John G al his time OF
life Is continually buying and selling
stocks and bonds He cannot quit.
The game is too interesting.
Il simply would not quit speculat-
ING for the world Why should /? II
were 20 have TO go along in a rut
doing the same thing over and over
again | would consider the time had
come for me 20 die. There - nothing
like taking chances. That is all the
fun of life"
MIR. Patten," he was asked. there
is a report that YOU intend 10 90 IN
heavily for art from now on. Is that
true?"
Art" he gazed quizzically at his
interrogation. What do you mean by
art? What's this you expect of me-
II was explained that he had been
quoted as going 10 Europe 10 buy
some old masters and so into rivalry
with J. p. Morgan for the acquisition
of the worlds art treasures. The
Chicagoan laughed heartily.
Gee" he said. II couldn't tell the
difference between an oil painting and
a chrome and | don't want 10 learn
There are a lot OF people who. when
they acquire a lot of money. discover
that they know whole lot about art
and paintings. They go all over the
world buying up rare paintings and
other objects of art. But not Tor me
None of il for Jim Patten. He Will
stick TO the game he knows best.
Patten had distinguished com
pany OF fellow voyagers. On board
were Frank A. vanderlip. president OF
the Standard Oil National City bank;
William x. Vanderbilt. Anthony r.
Rail-. the cotton king ogden Mills,
Harry Lauder. returning from the
richest vaudeville tour ever attempt
ed in America, John +. Milhollanf
and his wife: Count SZechnyi Bar
oness Won Hengelmuller and others
wellknown in the fashionable and
financial world