The New York herald., 1922-03-12

and what he had done for them.
! Every now and then a youth would
appear in a prominent drinking place
and there have it announced that he
was buying champagne for every
man and woman within the sound of
| his voice. The young man would be
! slightly drunk and consequently talka-
| tive. He was tolerated with much
good kumor. Another tailor made son
| of a new millionaire? Not at all.
The youth, would explain that but
a few months since he had been a
shipping clerk. Lady Luck had intro
| duced him to Lewis G.. TewlSsbury and
well look at him now. Worth half
| million and just cleaned up $4,000
| in the Street that very day. How?
Ask Tewksbury.
Piled Up Money Despite Depres-
Capper? Fuller in? Decoy? Maybe;
but it fetched hordes to the Tewlxs-
bury Office. And money was made for
them or some of them. Came the
hard times of 1898 and 1894. Tewks-
bury went right on making money 1t
100000 for himself in a remarkably
short space of time. He bought and
sold stocks and bonds so rapidly and
shuffled his activities SO furiously that
there was nobody with the time or
rapidity 90 follow him.
The man appeared to be accomplish
Ing the physically impossible by being
an almost nightly Broadway personal
fty. The parties he staged were open
ones. He was the thorough democrat.
He bought champagne and Holsters for
the million and was wont to retire
/ to his Belgravian abode at daybreak
only to appear as fresh as the dew
in his offices at 3. The adventurer
who had only 500 for speculation re-
ceived the same brand of suave ap-
probation from Tewksbury as the man
or woman with $4,000.
Tewksbury was the soul and body
OF the business. He was ever urbane
until some one ventured to inquire
into his ways and means; then he
could become reticent to the point of
brusqueness. Did he not pay his bills
without quibble? He did Had he ever
failed to keep such promises as he
made? He did not Did the curiously
inclined feel obligated to let him have
their money? Not at all. Well, then,
was there any justification for this
uncalled for nosiness?
Investors Voluntary.
| Tewksbury clung to the cardinal
principle of avoiding tangible promises.
He merely excited cupidity His own
affair was his own affair The timid
were not sandbagged into investing.
All investors were voluntary. So long
as Tewksbury produced 25, so or even
100 per cent. for his clients there was
no reason why they should insist on
knowing how he did it.
But along about the end of 1894
he came on span of evil days. Losses
began to take the place of quick gains,
and while there were a number such
as Tewksbury in the Street and fight
ing hard to stay Off the reefs Tewks-
bury was so prominent that the Con-
solidated Exchange decided to look
into his affairs that the others might
take warming
He was accused of bucketing, and
| while the charge was not proved
beyond peradventure the exchange
decided itself justified in suspending
Tewksbury for year. Such were the
circumstances that Tewksbury rather
welcomed the suspension. Things had
been going poorly. Here was his aEbi
and he had plenty of friends to con-
tinue singing his praises. At the end
of the year he was informed by the
exchange that he might be readmitted
to membership providing he would
permit the exchange to wise his books
Debarment Capital for Him.
Tewksbury laughed rather immod-
'erately and sold his seat in the ex-
change. He began advertising more
vigorously, making capital of his de-
barment. They were jealous of him
| he told the world. He, Lewis G.
Tewksbury, had incurred the wrath
of the big fnanciers because he would
not betray his thousands Of small in
vestors by ignoring them in the future
and acting as the guide to world mas
tering power for the great bankers.
| He. Lewis G. Tewksbury, intended
to remain the friend, guide and coun-
selor OF the common PEOPLE, so come
| on, you common people, ana let your
hard earned money work hard for you
as you worked hard for it. Tewks-
bury would never, never desert you.
1t was a powerful appeal backed by
the ever ready revolt against that
nebulous but ever available bugaboo
the Money Bund. Ninety per cent.
of the get rich quick maestros play
the same tune in fascinating the pop
ulace. Ponzi did It, $50 per cent. Mil
Ter did Il.
So a goodly portion Of his old eli
entele came back fetching strange
lambs with them. But the spell
seemed to have broken. The play boy
OF Wall Street seemed to have lost
something of his cunning. Tewks-
bury explained at first that it was the
opposition of the money ring. They
were jealous Of him: they would seek
to destroy him; they werc willing 10
| spend millions to drive him of; he
was the poor mans friend. But the
old snap was lacking. II was not like
the days before that suspension.