The Omaha morning bee., 1924-11-11

Vail Streets Wnlpurgis.
Boom. Not Panic.
4 Real French Hero.
By ARTHUR BRISBANE.

ton, has been indulging in a series
OF Walpurgis nights, only the ex-
citing scenes occurred in broad
daylight. On Thursday, with Cool
ldge's election sure, the stock
boom started, and it has gone on
increasing, day by day. Bulls that
have taken their profits have had
no effect on the rise. And they
have, Job-like, "cursed their day"
and themselves for selling.
Last Saturday 100000 shares
were sold in 80 minutes, record
for all time. Such selling would
mean 100000 shares in regular
five-hour session of the exchange.
In Saturdays two-hour session be-
fore noon, 1,3S8,105 shares were
dealt in. And the thing, appar-
emily, is only starting.
Many, unfortunately, will wake
up later with a bad financial head
ache, and many, buying beyond
their power to digest, will have to
begin all over again. That always
happens, in stock booms or land
booms. Only the really wise get
rich, and stay-rich, at anything.
There is one pleasant feature of
the extraordinary stock transac-
tions. They are based on a boom,
not on a panic. Hitherto such
market of violent dealings has
never been seen except in time of
great panic, with frightened owners
throwing their stocks overheard, at
any price.
The great rise and boom has
been in railroad stocks. This writer,
having advised readers on the day
after election to buy railroad
stocks, wisely, feels bound to ad-
wise the little man, most earnestly,
that the quickest road to the poor
house is stock trading on a margin.
If you can pay half, or even
quarter now, and are absolutely
certain of your ability to pay the
rest later, go ahead. But gambling
in stocks-or anything else-means
certain ruin, not sometimes, but
always.
All stock market records have
been broken in this Coolidge
boom," and, when the dust settles,
a few will have more yachts; the
majority will have more experience.
It's all part of providential wis
dom. The man with money gone
must go to work at something
more constructive than watching
the ticker.
Government economies that are
promised-Coolidge and Mellon will
make good their promises-will cut
down government expenses by
$500, 100000 more annually. That
will help prosperity to boom, and it |
proves that the people made good
investment W hen they secured Mr..
Melons services. He will get this
country out of debt even without |
collection of our European billions,
if his policy is followed oNt.
The Wahabis, now ruling Mecca,
holy city of the Mohammedans,
are to Islam what the Quakers or
Puritans were to Christianity. You
can't be too pure to suit Wahabi,
and he hates smoking, says it's un-
godly.
Therefore, no more smoking in
the holy city. and as for drinking
alcoholic fluids, that's unthinkable.
One hundred thousand narghiles,
Turkish pipes with long tubes, have
been seized and solemnly burned
by the Wahabis. Childish, you may
say, but not as bad as burning hu-
man beings, or the noblest books
of antiquity because they fail to
share your religious views. Chris
tians have done that on scale that
Wahabism never dreamed of.
Everybody knows that in cour-
age, the French are excelled by no
race on earth. The Gauls, telling
Alexander that they feared nothing
except that the heavens might fall
on them, proud Vercingetorix
dragged behind Caesars chariot,
the noble D'Assis dead on the
field of honor" Crillon and Dugu-
esclin, their bodies covered with
scars-in front-the Frenchman
that held onto the enemy's boat
with his elbows, after both his
hands had been cut off-they all
live in glory.
Science produces a new and
greater French hero, DIR. Bergonie
of Bordeaux, who has just died,
killed by his constant use of radium
in his warfare against cancer.
Weakened by radium lombard
ment, to which they were con-
stantly subjected, his tissues were
attacked by the cancer that ne
sought to conquer. His right arm
was cut off and then three fingers
of his left hand. He continued at
his work to the day of his death,
experimenting with and lecturing
on the effects of radium on the
gangrene that attacked one of his
remaining fingers.
To his last day he worked, en-
abled to endure the horrible agony
bv morphine administered by his
associates, never complaining, but
saving toward the end, three or
four days more and | shall be de-
livered."
That's real courage, quiet hero
ism without the excitement of the
battlefield. or crowds applauding,
fighting the battle of science
against cancer, enemy of the en-
tire race.
How many will remember the
name of DIR. Bergonie next week?
Not one in a million of those who
i'll I,,4,o cf1x, royn m her the name