Evening Republican, Volume 15, Number 172, Rensselaer, Jasper County, 22 July 1911 — HE WINS AND LOSES [ARTICLE]

HE WINS AND LOSES

Broker Gains Fortune at Awful Expense of Sight. John Schaack Sees Folly of Overwork When Too Late—Says Take Vacations Often and Make Them All Long Ones. Chicago;—John M. Schaack, for 20 years one. of the most prominent brokers In La Salle street has gone blind. This became known recently when after months of treatment with noted specialists of America and Europe he appeared on the board of trade floor absolutely sightless. Within a few days he' will leave for the east where he will rest for the summer at some mountain resort and take further treatment in the hope that his sight may be restored. The cause of. the affliction was a serious breakdown, which he suffered several months ago. The other day Mr. Schaack traded as usual In the offices of Bartlett & Co. He declared that If the trad-

Ing gets exciting enough he would delay his trip east and stay on the floor. “I can see my mistake now,” he said. “Now that lam laid on the shelf from overwork I can see the folly of It If I were to offer advice to business men it would simply be: Take vacations often and make them long ones. Be the champion vacation taker/ “When business was demanding all of my attention for many years I believed I couldn't get away; that there was no one I could depend on to leave in charge. lam now paying the price and an awful price It is. If I had my life to Jive over again I would take two or three long vacations every year. »

“Still, if i had my sight back I would not think of quitting the game. I would get right back Into it as deep as ever, but I would rest oftener. It pays to be a broker. I have made and lost much money. I have a comfortable fortune now that Is safe, and I am going to keep It safe. "I wasn't as big a sport as some of the other fellows who, In years past, have made a fortune over night and spent it the next night. 1 never believed in that kind of business. I have Invested my-winnings in bonds and other securities since I became broken in health, and am thinking of retiring for good as soon as I can get things shaped.” Mr. Schaack talked of crops and market reports and quotations in a way that shows his remarkable understanding of the game. All the reports he received were verbal ones from bls brokers ana Triends. "It is mostly a matter of putting two and two together and making four out of it," he said. "I can trade as well blind as I could with my eyesight But of course it would be a hard task. I know just as well what to do and what not to do and I can judge conditions and prices as well as I ever could, but not being able to read will settle me. I don’t want to get out of the game even now, but will if I can regain my sight That Is the only thing I quit for. I would never quit for money, no matter how much I might be ahead.”