The Washington herald., 1910-12-04

home in the chill and dusk OF the even
ing. Mentally. l was not comfortable
The sun had gone out OF the sky and
ont OF my soul, and darkness was falling
upon the earth and Dan Sully. ! saw
again the two merchants pleading for
quarter I owed them nothing but
good licking
But behind them I beheld an army
OF men out Of work and many women
and children in Wretchedness. 1 faltered
for a moment, and then surrendered,
without conditions. TO my conscience.
The next day / relaxed my grip on the
squeeze and let the market go TO
thunder. I abdicated, you understand, 70
the cost of my pride and the honorable
millions / had made by hard work in
the market"
Life Is Speculation.
And now. I said. in all the light
of your knowledge would you deliberate
ly advise a young man 10 become a spec
ulator by profession"
II am no counselor to mankind. How
ever when challenged I am constrained
to make some pertinent remarks The
infant takes a chance when it first at
tempts to walk Love is a speculation,
as the bride often finds out I eliminate
the groom from the case. The merchant
buys goods on the supposition that he
will sell them at a profit. The agficul-
tuFist sOws wheat IN the autumn with
an expectation of a harvest in the sum-
mer 10 come. Speculation begins at the
cradle and ends at the tomb.
But is it moral" I said, TO sell some
thing one hasn't got?'
u can answer your question right of,
but you might think me indecently per-
sOnal or unjust
Go ahead" I replied.
What are you doing now?" Mr.. Sully
inquired, with a sudden pounce.
Getting an interview with a mighty
Interesting man." I answered, not catch
ing his purpose just then.
When did you sell it?' Mr.. Sully al
most shouted.
"A year ago, in some instances" I an
swered. You see, have contraets--
Never mind going any further. You
have already said enough. We hear
slather OF gush about legitimate and ille-
Ultimate speculation" Mr.. Sully went on
10 say, but the moral surveyor never
lived who could run the line and drive
the stakes"
" MT iAANAANdi anu AftNAANeAA AAtRi4-
ties are necessary in a speculator?"
asked, closing the incident.
Il would not venture an answer unless
I knew all the twists and turns of all the
business heads on earth. | have stood
in the ring with SEQ opposing men and
done as I pleased. The reasons are so
obscure that l cannot explain or compre-
bend them. There is infinitely more than
the brutal operation of running up the
price. Attack. retreat. defense are all
vital on particular occasions. A bull
campaign or a bear campaign is a battle
OF strength, wit, and vision, mixed with
intuition. II can't be described. II can
only be felt. and mainly then in the thick
OF conflict.
Loss of $500. 600, 900.
What are you trying to do now with
cotton?"
Eli Whitney, graduating from Yale in
1872, went to Georgia. He was a Yankee
school-teacher. Looking about. having
the gift of invention. he made a cotton
gin Up TO that time cotton was ginned
by hand. the slaves taking it to their
cabins and pulling it apart-wthout
breaking the fiber-and removing the
seeds. Ii required two years for man 10
gin a bale. or 500 pounds OF lint
"The gin of Whitney changed the man
OF the world With cotton clothing. civil
lied human beings can live in hot coun-
tries. Without plenty of cotton the world
OF business would go TO smash Cotton
Is IN everything you wear, except your
specta eles2it can be found in your hat
coat. and shoes. The Standard Oil Com
pany would have TO shut up shop If 1t