The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-11-19
FORTUNE
IN WALL STREET
Experimenter in Alchemy
Made Original Cleanup
IN Financial District.

New York. Nov. lS-"ThO first man
10 mako fortune In Well Street was
inn Max LichcnsteIn, native 9t
romerania." said the moor broker.
"Cua,omers were not 50 particular
about monthly statements I'm those
DAYS" snapped the tape reader.
He was tho original Wall street
lamb and hts system wns founded up
on tho Oldest science In the world
continued the floor broker
Francis Dana. Ambassador 20 thc
court Of 81. Petersburg from the con
tinen,al Congress. found him pcnn'"SH
In the Russian C!ty. Thanks to MS
generosity. L!rhcnsteln landed In New
York In 1888. FreQucntsTs OF broadway
during this period knew him as an old
fashioned citizen. who had been edu-
Gated ba:ore trousers. BIspenGoS ana
shoes were cornmon. Nothing could In
duce him to adopt style OF dress which
he declared was ladylike and ridiculous
clad in uankeen breeches. with white
stockings md wooden clogs. cOnicm-
porary commentator In The TR!lsmGn
describes him as striking figure Ia
the ataid multitude OF our once fash
lonable promenade.
Formerly n correspondent FOR the
merchants who numbered among their
assets tho famous Hope diamond. lIch-
ensicIn vas halted as welcome add
,lun to the foreign trading colony. Al
most Immediately upon his arrival he
vas fortunate enough 10 Ert II position
with one OF the beat houses. This SO"
and tuilsOme method OF AmasS!nB 4
fortune did not appeal IL him. HnTdIy
hrd ne settled In his new position Wheh
an old dream returned. Now comes :he
incredible part OF the stocy. VII" would
believe that tho ancient science or a.
rhemy would have a disciple In New
York as late al 1883?
As soon as Ilchtcnste!n had sHr"d
enough money he purchased l'it!r
house en- Nail street Her" h" erected
a furnace with TRIPLE chLmneys ami
went to work. Year after YEAR passed
urd the secret OF making geld was no
nearer solution. Wall street IN me
meantime. was changing itS inhnb'i-
ants: burEhers slowly gave way t" OAnh-
ers and brokers. In all probability the
old a.ch..miN hardly noticed thes"
changes. 80 Intent was I've upon his Sys-
,r,u. Thrifty housewives, hurry!nS
from their trading at the Oswegn Mar
ket ut Broadway and Maiden Lane, must
have observed that his fgure wos no
lonrer ORG, AZ he took his daily stroll
along broadway He could hardly fall
TO note. however, that the pavement
no longer ended Warren street and
,dvt the chcam colored coach Of George
Washington had disappeared from tho
thoroughfarc.
"One day. while pouring rcctifIed
water on tho salts OF mercury l" pro
lucr tho holy water OF ZoZlmus the
TNrban. I.trhrcnYtrIn wAa interrupted
bv n knock upon the door OF his resi-
denrc. He Cclt annoyed NJ this inter-
rup,lon. but when the visitor had stated
the nature Of his crrand. annoyance
rave wa? 20 stupid establishment. ii
ne had been offered 5000 for his IT.
t,e Wal, street house the tender would
have been accepted II; "nc"--hut S"'.u""'
Such an amount was tnCr"dlh.f. nc
must have tImr to think II over. The
: n.xt morning She OTTER was raised l"
So, 600, and L.ch;cnst"in, believing the
World had gone mad. accepted II.
Possessed OF competence. Il" "lS-
appeared from his familiar hanntS' p"t
not from ont tho view Of that tri" 81
quaint historians--William cullen BY
ant. Cuban NcNlanck and hober'
Sands--collahcrating under pen name OF
Mr.. Francis fIcrhert IN 1877. who In
form us that his furnace WAS again
Zen smn!iHE In III" c"nii"rtaHIr h"i
ough Of Easton. Pa. where dW"t
MoravIan friend OF h's. Interested II
tn. same mysterious studIeS.