The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-03-18


ness standing, social position, or
moral reputation.
Fifth, To stock gambling ordinary
business rules do not apply; and the
blind, and dumb, the idiot stand a bet
ter chance of winning than the intelli
gent the able, and the experienced.
The reason for this is simple.
Stocks must go up or down; do go up
and 90 down! and after going down,
go up, and after going up go down.
Hence, the chance of guessing which
way they will 60 up or down, is an
even one-at least to stock gamblers |
and to-be stock gamblers this is the |
way it looks and the way it would be |
but for the fact that stocks do not so |
up and go down but are put up and |
put down. Therefore chance is elimi- |
mated except in exceptional cases |
Ergo: the possibility of guessing
which way they will go is nil
Stocks go as they are put, and they
are put the opposite way from the
way they are guessed to go. And here
we have stock gambling in a nutshell.
The science of stock gambling is the
science of putting the cart before the
horse and keeping it there. A is the
public, b is the house'-insiders,
sure thing gamblers, multimillion-
aires magnates. A makes markets;
makes prices A buys stocks, and
because A buys, stocks go down. A
sells stocks, and because A sells,
stocks go" up. Whichever way A
says prices will go, b says they will
not go, and BIS sayso goes. A always
loses, B always wins.
A gang of tricksters own crystal
pool. They anchor, spike, double-end
rivet and cement into its center mil
lion. a hundred million, a billion dol
lar hunk of shining gold, with dead
sure. automatic bait clipping attach
ment. They surround the pool with
the most comfortable and beautiful of
benches, with the most luxurious
seats and cushions. They adjust the
heat and the cold to the customers
liking, the music plays throughout the
Itwenty-four hours, and boiled lobs,"
| hot birds, and cold fizzes, and fra
grant perfectos are always on tap,
Is in not inevitable that this gang
will spare no effort to acquaint the
public with the existence of their bill
lion-dollar hunk of-gold pool, and
snare no effort to entice the public
to visit, and that those who do
visit will stay while ever they see the
shining bunk
How foolish the question; why DO
they come, why do they stay; what
doAs it matter how many bats have
been clipped There is the pool, there
the pools lines and hooks, and always
free, and there, always there, the
great shining hunk of gold for any
and all who can hook it, and to hook
it one must have his-bait.
The day may come when the law Will
raid the Joint and confiscate the big
shining hunk or the day may come
when the hordes of frenzied lost-bait
Fools may drain the pool and seize
the shining hunk, but until one or the
other of these eventuates the seeking
, observation-disclosures Fool Will
q be found. feverishly, frenziedly an
) Cling for that biggest Of all hunks OF
gold.
: The law alone can tell when that
day will come, but that it is on the
way is clear to all students of the
finance game. A few years ago the
road to the big shining hunk pool was
p through all manner of fake stock
= gambling lines Bucket shops, quick
I rich advertisers surrounded the DIS
l hunk pool; but now, largely owing tt
the efforts of the big hunk pool own
: ers. who resented the losing to faklr'
: of any of the loot which should b'
h theirs. they have one by one beel
o brought under the ban of Justice I'm
# til now the big hunk pool has an un
J. disputed right to all the winnings
and the game is now at its most pei
Il fected state, which means that tn
It issue is now a crystalized one; tn
L stock gambler. the public-the ou
II slider on the one side, the house
y the insider, on the other.
d In the meantime let no sane citize
O. sit up O. nights asking the fool quei
p ton: Why do Fools seek to be par
ed from their money? Rather let hir
put in his spare time mulling on;
where in the future will the Foo
get money to be parted from?'
-
- WORTH MOUNTAINS OF GOLD