Terre Haute Weekly Gazette, Terre Haute, Vigo County, 24 April 1879 — Page 4
he ffeeklfj (gazette*
The DAILY GAZETTE is published every afternoon except Sunday, Jand sold by the carrier at 30c. peT fort night, by mail. $8'00 per year $4.00 or si*months, $2.00 for three months' THE WEEKLY OAZETTIi is issued every Thursdry, and contains all the best matter cf the six daily isstxes. THE WEEKLY GAZETTE is the largest paper printed in Terre Haute, and is sold for: One copy per year, $1.60: six months, 76c three months, 40c. All subsci i^tions must be paid ia advance. No paper discontinned until all arrearages Krelpaid, unless at the option of the proprietor. A failure to notify a discontinuance at the end of the year will be considered a new en gagement.
Address all letters, WM. C. BALL & CO. GAZETTE. Terre Haute.
THURSDAY, APRIL 24,1879.
His latest call for bonds is the ninety ninth. Sherman a success as a caller.
WORK OR the Brooklyn bridge which was suspended several weeks ago for lack of funds has been resumed. It is a work of material impartancd, in the successful completion of which the people oi the whole country arc interested.
SINCE England permitted Sitting Bull to make a refuge in Canada, our government has determined to consider that bellicose savage as a Kritish subject. Hereafter if he crosses oyer the border, our Uncle Sainuel will call on England to care for her subject.
DAVID DAVIS, the petite senior Senator from Illinois, has set himself right on the record. He is fairly and squarly in favor of repealing every vestige of law under which U. S. Soldiers have been in the past or may be in the future used about election precincts.
ELI PERKINS has been writing some letters from Texas and describes a certain section of that commonwealth in size about equal to the New England States, as being a iainless regin subject to perennial droughts. Now Texas papers have joined the universal chorus and pro nounce Eli a liar.
BY the refunding of the public debt and the substitution of four per cents for bonds bearing a higher rate of intercbt, the annual saving of interest will be $13,600,000. This saving of interest, if applied to the reduction of the principal, will pay off the public debt during the liie-time of men now living.
WHEN the Government begins to distribute that $1,000,000,000 for three years, without interest, under the provisions of Rev. Dr. De La Matyr's bill, Terre Haute must not be forgotten. Our PraiiieCity will be satisfied with half a billion. We want Nicholson pavements all over town, and a big belt seweiv
Jimmy O'Donnell, of Madison, Intl., being a yeuth of religious impulse*, pbscrveu Jbuter by hiring a public hall and eating twenty-fuor aofi-bolWi guose eggt In thirty minutes. A belt was presented 10 him by his admirers. The burkte represented a sausagegrinder and two rows of molars, nlckelplated and highly polished.—Exctuagc.
It will new be in order for the champion of some other State to challenge our own voracious Hoosier.
BY trading oft' all the rest ot the ticket the Notional Fiatic party hopes to else* its candidate for Mayor. Whether or not the other gentlemen on the ticket will quietly submit to see themselves offered up as sacrifices remains to be been. It is barely possible they will object to paying the fiddler after being ruled out -of the dance.
Mary Paul, a ffrau4iaugbter of the tinioui privateer. John Paul .tones, laitly died in 4aotianu at the age of seventy-nine. Her ancestor'»name wae really .John Paul—when he entered the private" nun business he added the "Jones."—N. Y, Tribune.
What effect this discovery will have upon the name if the Nevada Senator and that of our own young townsman, .both descendants of the same ancestor, does not, as yet, clearly appear at.d time can alone determine. $
JL ST now nights are clear and beautiful The Gazette earnestly invites the candidates of the National Fiatic party from Treasurer down to the end of the list, to go out under the open vault of heaven and consider this proposition: "What will it profit thetn to go through the racket of a campaign only to be slaughtered on election day in the interest of the head of the ticket?"
IT is not too soon for Terre Haute to begin to make arrangements for an appropriate celebration of the next Decoration Day. With a view of starting the matter the GAZETTE suggests the holding of a meeting some time next week to take the whole subject into consideration. It suggests the propriety of early action being taken to the end that we may outstrip all former efforts.
Aw effort is being made to glerify Frank Smith, the Notional Fialic candiate for City Treasurer, because of some
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supposed display of wisdom on his part in connection with the refunding ot the bonded indebtedness of the city. In what way credit attaches to him in connection with that very wise arid economical measure is one of the things not visible to mortal eyes. The city of Terre Haute lately sold $75,000 worth of6 per cent, bonds, paying off, with the money so raised, bonds bearing 7 and 8 per cent, interest, and a portion of the floating debt bearing S per cent interest. When that measure was before the Council, Frank Smith voted against it at every step, his being the only vote recorded in opposition.
DyRiNG the year ending April 14th, 1S79, the expenses incurred by the Street Committee in repaiiing and cleaning streets was $6,844.18. For the previous year it was $8,927.44. In other words $2,083.26 less money was expended during the last than during the previous year. And yet in the history of the city more work has not been done on the streets than during the last year,and they were never in so good a condition More than this, a very great deal of the work that has been done has been of a substantial and permanent character. Iron bridges and stone crossings abound, and the good work of improvement is b.*ing prosecuted with vigor in all directions. A continuation of this progressive and economical policy is what the tax payere and voters of Terre Haute desire.
GREAT efforts have been made to perfluade the North that the exodus of colored people from the South and their removal to Kansas has been the result of their fears for their safety. Some light is thrown on the subject by the following circular thousands of which were sent out and distributed among the colored people through the South. It will be seen that the negroes have been induced to make this very foolish inove by false repreten tations held out to them by designing persons in Kansas. The circular is as follows [Strictly Private..J
ATTENTION COLLORED MEN OFFICE OF COLLORED COLONIZATION) SOCIETY, TOPEKA, KAN Feb., 2, *79.J
Your brethren and friends thoughout the North have observed with painful solicitude the outrages heaped upon you by your rebel masters, and are doing all they can to alleviate your miseries, and, provide for your future happiness and prosperity. President Hayes by his Iniquitous'Southern Policy, has deserted you, while the Democrats, who now have control of Congress, will 6eek to re-enslave you, if you remain in the South, and to protect you from their designs the Colonization society has been organizied by the Government to provide lands for each head of a family, which will be given in bodies of 160 acres gratuitously. This land is located in the best portion of Kansas, in close proximity to Topeka, and is very productive. Here there is no distinction in society, all are on an equality. Leave the land of oppression and come to free Kansas.
LYCURGUS S. JONES. President.
Show this circular to none but colored men and keep its contents a secret.
A GRANT REMINISCENCE. So far the special session of Congre6 has been almost exclusively devoted to a discussion on the army appropriation bill. It is of course, to
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I told the President that in the judgment of eminent lawyers the Governor then out of office by the expiration of his term hsd not lawfully invoked the assistance of the Federal power, inasmuch as he had made no effort to convene his Legis lature, though easily done, and obtain its action on a matter so vital that the newly elected Governor desired the attendance of the representatives of the people in their State* House,Trom which Federal bayOnets, as I myself know, kept theraand finally, that the contest was one of purely State concern, regarding only the
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THE TALMAGE TRIAL. Clerical circles have been not a little exercised of late over the trial of T. De Wit Talmage. It would be concealing a notable fact in connection with the case not to aJmit that the worldly minded have also been attentive readers of the evidence. Whenever a minister is involved in trouble or accused of any of those pecadiloes which it 16 their peculiar pre vince and privclege to inveigh against, the sons of Satan prick up their ears and long for that leveling process which makes them as good a6 their moral teachers by dragging those latter persons down.
Dr. Talmage is a peculiar person. Some persons think he is possessed of the manners of a mountebank. He has an exagerated style which induces many to doubt his sincerity. In manifold ways he offends the taste and excites the ire of religious people. But jt cannot be denied that he has an immense church, and that it is crowded while many of his brethren in New York and Brooklyn preach to small congregations. His friends assert that the present prosecution has been induced by brother ministers who are jealous of his prominence. Be that as it may very serious charges have been brought against him. If he can not dispprove them, or rather prevent the prosecution from proving hem, his character will sustain such damage as to utterly destroy his influence as a minister. 0
A notable feature of the trial has been the utterly unjbusiness like way in which he proceedings have been conducted. Wrangle has succeeded wrangle, and there has been neither order nor method in the whole trial. It has seemed more like a school-boy's debating society than a gathering ot men enga^d in a very
solemn
piece of work.
One of the most dramatic incidents ot the case was developed Saturday, when both Mrs. and Mr. Talmage were ex amined. From a very interesting report in the New York World, the following extracts are taken, which will be found worthy of the attention of the reader: 'To the delight of the galleries Dr. Spear then called "Mrs. Talmage," and Mr. Talmage handed his wife trom her pew to the witness-chair. Mr. Taimage's wife is a pretty woman with bright eves and a profusion of dark Curly hair worn low on her forehead. "Now make yourat home, and don't be nerv-
•elf perfectly at ous," said Dr.
understood. that
there is no disagreement en the quess tion of that specific appropriation but connected with and made a part of the bill is a provision repealing an obnoxions law prssed several years ago. Under its provisions the army has been used in the past some and may be used very mucfi more in the future, for such things grow bv custom, to control elections. We wish in this place to quote an extract from the speech of Senator Randolph, of New Jen«ey, delivered last Thursday. After a careful review of the use to which the army might be put by a usurping President, the New Jersey Senator made an interesting reference to an interview with exPresident Grant: "Will it be said," he inquired, "that no President of a tepublic will dare misuse this power? I know the contrary., I had the honor te bear a message in 1S76 from Governor (now Senator) Hampton to the then President of the United States requesting him to withdraw his troops 'rom the State House of South Carolina in deference to a decision of the Supreme and highest court of that state. I urged the importance of it with all the force of appropriate language at my command.
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Van Dyke in a fatherly
tone. But Mrs. Talmage was quite selfpossessed and at ease. A large gold buckle on a jaunty little hat glittered sunnily as she shook her head at seme of the questions. Brother Spear first asked the lady to describe her husband's manner on his return home the evening that he severed his connection with the Christian at Work: "My husband," she said, "seemed very happy. He walked up and down the room and kept repeating the passage 'My soul has escaped as a bird from the snare of the fowler.' It was not late in the evening, for the children were sitting about studying their lessons. He repeated this passage many times, and asked me if I did not think his escape was a direct answer to prayer." Mrs. Talmage told .this in a sweet voice, and several of the Pre* byteis began to cry. "Your iiusband was not happy in his relations with Mr. Remington, the owner of the paper," said Dr. Spear from neath his handkerchif. "Oh, no he was veiy unhappy.' "Do you know why lie duln\ seave Ine psper before?"
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dignation when in angry tcne and unc'.vi manner the President replied: 'I won withdraw the troops. I don't regard the decision of the Supreme Court, and if had any message to send to Generat Hampton it would be that the message to me is an impertinence.'" And impertinece, &ir, for the Governor of a State to communicate his wishes, not demand his rights, as he might properly have done, to the President ot the United States? An impertinence, indeed! Upon what meat doth this our Ciesar feed that he is grown so great? No, Mr. President," said Mr. Randolph, "we cannot make too much haste to guard the liberties of freemen everywhere in this broad land from the chance of blotting the pages of our history with a repetition of the usurping act of a President less than three years ago."
TERRE. HAUTE WEEKLY GAZETTE.
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Yes. Mr. Talmage had a very strong attachment to his subscribers, and had received letters from many of them elling him how hig hly they prized his sermons." "Was he in the habit of consulting you in relation to his business affair*?" "Oh, yes, and in regard to this matter I used to say to him, 'De Witt, I don't feel able to give you advice, but if you will go to God you will.be sure to get it.' He believed in prayer. It is painful— (lowering her eyes)—for me to tell what happened between God and ray husband and'myself, but I am reminded that I am speaking to Christians, all of whom understand the sacred ness of it.
Dr. Spear was innch affected and it was some moments before he spoke again. "What," he presently a«ked, -was Mr. Remington's conduct towards your husband?*1 "It was,'' answered Mrs. Talmage promptly, "irritating, exasperating and depressing." "And how," said Brother Spear, "do
you
claims of State officers, and that these' letters to him?*' -U it allowable, replied Mrs.Talmkge
had been definitely settled by the highest legal tribunal that could ever take cognizance of the case, i. e., the Supreme Court of South Carolina. I urged that the Federal forces should be promptly withdrawn from the State capital. You may imagine, sir, my astonishment and in-
account for Mr. Ta I mage's* friendly
smiling, -for me to tell some erf my hus band'* peculiarities? I can onlv explain the matter to you in that way."" -Goon," murmured Dr. Spear.
Well, Mr. T|dmage seems utterly incapable of retaining the remembrance of any wrong or grudge. I£ a friend does him an injurjr he is certain the next limp
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he meets him to say 'How are you, old fellow?' He is incapable of bearing malice. At first I could not understand this trait i.i my husband's character and I thought it savored a little of insincerity. And so one day I asked him abjut it. 'I am made that way,' he replied. *1 can't remember an injury. Would you advise me to cultivate the habit?' And then— (Mrs. Talmage put her handkerchief to her eyes, the majority of the Presbytery doing the same)—I remembered that that was Christ's way and I was glad that there was one man—one person— who could forget as well as forgive."
No question was asked of Mrs. Talmage by the prosecution, and Mr. Talmage was then invited to take the stand. It was, however, near the hour of adjournment and he was only examined upon the Christian at Work specification. He testified that he was given absolutely no notice of the sale of the paper and that therefore he considered himself perfectly justified in leaving it without a month's notice. He denied that Mr. Hallock had informed him that he had purchased the paper, and said that he supposed at the time of writing his "Good-bv, Old Friends" card that it had been bold to persons in Philadelphia. "I desire," said Dr. Spear, "to pass into the privacy of your heart. Did you make the matter of leaving the pap«r a subjec: of special prayer?" "I did. I had long felt that I was being hounded, and the morning of the day I left the paper my wife said, 'you ought to make this a matter of special prayer.' So after I had started toward the ferry I returned to my house, and going to my study on the ^fourth floor 1 asked God that whatever I should do that day might be done with reference to the judgment day,"
That is all," said Dr. Spear, choking with-emotion. And the court adjourned until Monday.
A PROPOSED WORLD'S FAIR AT NEW YORK. Judge Hilton, the heir to A. T. Stewart's millions and guardian of his ashes, gave a dinner to a party of his gentlemen friends a few afternoons ago. When the wine began to flow, towards the end the least, the guests began to talk. It may have been observed by the genial diner out that this is the usual course ofevents. But it is not what they had to eat and drink that we wish to discuss, though they no doubt enjoyed the discussion of U. While they were feasting, the conversation turned upon the subject of a world's fair, to be held in New York. Great unanimity of feeling was found upon the subject. Each and every one was
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heartily in favor ot
the idea, ', and before the part separated several committees were appointed to take charge of the different branches of the scheme. It is, therefore, not unlikely that, from this informal beginning, a world's fair, to be held in the near future] in New York, will spring into full being in**} good time. Perfect unanimity of opinion was developed on the subject of the desirability of the fair. Little if any apprehension was felt or expressed in reference to finances, the opinion being that it would be comparitively easy to raise the necessary funds. But there was some difference of opinion in reference to the location in New York oft he fair, and as to the time when it might be held. A coraVnittee consisting of Colonel Hoe Mr. Tiffany," Mr: Cleveland, ex-Mayor Vance and jictttdfi S. Shultz, was appointed to cAnvass the question of location. After some deliberation they seem to have come to tJ»e conclusion that the lower part-, of Central Park, comprising the __ two open spaces known as the ball ground and sheep pasture, and containing about 100 acres of ground, would be the best and should be secured for the purpose. But when it became known that they had selected that site press and people united in a vigorous protest against it. The people are reluctant to part, even for a limited time, with any portion of their pleasure ground.( It is proposed by the press that an excellent place is the ground on the west of the park, facing on Eighth avenueFew buildings are now on the ground, so that it could be devoted to that purpose at a small expense. It is moreover in a region reached by two elevated railroads and several liorse-car lines.
There is some difficulty in regard to the time. The year 1885 would probably be fixed on as the date were it not for the likelihood that an universal exhibition will be held that year at Berlin. In 1S81 exhibitions are to be held in Mexico and Australia. They would not interfere with ours anyway, but the tim« is too short between now and then. The same objection holds good against i8Sa and '83. It is piobable, therefore, that 1S84 will be selected.
It is proposed by those having the matter in charge to make the lair smaller than usual by excluding from it a multitude of old objects with which the people are perfectly familiar, and which are introduced merely as advertising schemes. It is also suggested that, in order to induce foreign nations to participate in it, the genera] government must in some measure undertake the supervision. In* vitations to foreign governments must be sent through diplomatic channels and, this, it is urged, means government control. Care must be taken to see that it does oot also mean that the government is to pay the bills. From an exchange we take the following brief mention of former fairs. "The first scheme for a "world's fair"
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Art8,of which Prince Albert was the head, in 1S49, encouraged, no doubt, by the great success of the first International Exhibition at Paris in 1S44 and the result was the magnificent exhibition which was opened at the Crystal Palace by the Qjeen in person, on the 1st of May, 1851. The display of gems at this fair was among the chict attractions, and the most wonderful of them all was the great Koh-i-noor diamond, which the same excellent Queen wore on her breast a few days ago at her son's wedding. The English fair set the New Yorkers to thinking about one for themselves, and in the same year they organized a company which obtained a free lease from the city of Reservoir Square for five years. Con gress made the building a bonded warehouse, into which foreign goodb might be brought free of duty, and President Pierce opened the exhibition July 14, 1853. It was re opened in 1S54, The building, which wan of gla^s and iron, and never seemed to have enough wood about it to make a fire of, was burned, with all its contents, during the progress of one of the annual fairs of the American Institute in October, 1S58. The Paris exhibition of 1855 came next among world's fairs, and this was followed by the second London Exhibition in 1862. Tha Paris Universal Exhibition of 1867 was memorable over all its predecessors, but was exceeded in many respects by the Vienna International Exhibition of 1873. The great Philadelphia Exhibition of 1876 is too recent to require mention.
In the three decades that will have elapsed between the first and second fairs at New York, it is safe to 6ay that the American exhibits will show a more marked improvement than any others and those who visited the Crystal Palace, on Reservoir Square, in 1853, will be the most interested spectatiors at the new display of 1883."
STOCK JOBBING—ITS ORIGIN AND HISTORV. No elements in the v^st range of facts which go to make up financial history are more important than the origin and progress of the trade in public stocks. To many minds the words stocks and stock-jobbing are enigmas without meaning and yet few things are more simple when clearly analyzed than the immense operations which make up the daily business of the financial markets of the world, and afford employment to thousands of bankers, brokers and midad I
The word stock, in its present commercial sense, was first used in reference to the shares of the East India Company and other great associations created between :Coo and 1700 for the control of colonial and foreign trade. The shares in these companies soon became perma nent securities, transferable like any other property for whatever they were worth. At the 6ame time the National debt of England, originating about 1679, and constantly growing ever since, was found to afford a conveniont means of investment for the savings of those who desired the security of the public or of the Government. The surplus cash of Englishmen and Englishwomen gradually flowed into these public and corporate stocks. The primitive habit of locking up money in boxes and old stockings, and hiding it away for safe tv, gradually gave place to the habit of investing it in interest bearing stocks, bonds, or shares of companies, or of consoli dated loans (consols) of the English Gov ernment. To our ancestors of two centuries ago (before stocks had any existence) there were but three alternatives for the disposal of surplus cash one was to lock it up in some private stronghold or place of concealment the second was to intrust it to the goldsmiths and other London tradesmen who in those days took the place of regular bankers, and charged tor the tiouble of taking care of such de* posits, instead of receiving interest for their use and the third was to loan the money in private ways, though very few profitable avenues of this kind were '.vmviiw- J*?*-? •?. ijA 1 V"* open. *.». -'*1.
In one of numbers of the Spectator. Addinon has a pleasing allegory of a beautiful virgin seated on a throne Of gold in a hall hung round with acts of Parliament in gold letter?, which had been made for the establishment of the public funds. The name of this beauti ful lady was Public Credit. Behind her throne was a prodigious heap of bags of money, so high that they touched the ceiling. The floor all around her was covered with vast sums of gold that rose in pyramids "but all this," says the Spectator, -I did not so much wonder at when I heard she had such a virtue in her touch, that she could convert whatever she pleased into that precious metal." Addison proceeds to relate how at the least threat of danger to the Government, nine-tenths of the bags of solid money collapsed and the pyramids gold were turned into heaps ofpaperf while Public Credit nearly expired.
William Patterson, founder of the Bank •f England, wrote at about the same time that this Spectator appeared
(1716):
"The public credit is so apt to reel and totter that stocks and other public securi ties even rise or fall four or five and sometimes fifteen or sixteen per cent, on very slight occasions." It was from this fluctuation in the values of public stock that first sprang the trade of stockjobbing. It dates from about the year 1688 in England—the first year of William of Orange. That period, just after a successful revolution, gave birth to a flood of financial projects, honest and fraudulent companies, and speculations offering opportunities for the investment
The projectors of these
financial schem's started them and kept them afloat as sources of profit to themselves. These men, who make it their business to deal in the shares of the genuine and bubble companies, as well as in the public funds were known as stock-jobbers, and soon became famous in the city and had a locality of their own, their trade, which sprang up like amushroon, soon taking root like an oak. The abuses of the business early exhibited themselves. "It is a complete system of knavery," was said in 1701, "founded in fraud, born of deceit, and nourished by trick, cheat wheedle, forgeries, falsehoods, and all sorts of delusions, coining false news, whispering imaginary terrors and preying upon those they have elevated or depressed." "The stocks jobbers," said another pamphleteer of the same year, "can ruin men silently, undermine and impoverish them by the strange and unheard of engines of interest, discount, transfers, tallies, debentures, shares, profits, and the devil and all of figures and hard names."
The language is still applicable, at the distance of nearly two centuries, to the' bogus and underhanded dealings in stocks by which multitudes are still swindled out of their incautious ventures The South Sea Bubble, which catr.e in 1720, was only the greatest among a great crowd oc bubbles. Two hundred companies were started in a single, year, ea:h outvieing the other in the value of its so-called securities. African 6tock rose from £25 to £200 a share. East India stock, worth £100 went up to C445 The most fantastic and foolish projects were greedily invested in. One company, with a.capital ot £3,000,000, was "for insuring to all masters and witnesses the losses they may sustain by servants,'' another was "for furnishing merchants and others with watches a third, with a capital of 1,000,000, was "for a wheel for perpetual motion a fourth was "for making salt water fresh a fifth was "for planting Mulberry trees and breeding silk worms in Chelsea Park and a sixth was designed "to import a number of large jackasses from Spain in order to propogate a large kind of mule in England"—as if there were not jackasses already enough in London.
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These times of wild inflation brought lasting disgrace to the name as well as ruin to the fortunes of multitudes. The social history of 1720, writes Smollett, was "a detail of transactions which only serve to exhibit an inanimate picture of tasteless vice and mean degeneracy.' Stock-jobbing was checked, but not crushed by the bursting of the South Sea bubble. It became such^ a public nuisance that an Act of Parliament was passed "to prevent the infamous practice of stock-jobbing." Sir John Barnard, a great London merchant and merr.ber of the House of Commons, thus denounced it in a public speech: 4 t"lt is a lottery, or, rather, a gaming house, publicly set up in the middle of London, by which the heads of our merchants and tradesmen are turned from getting a livelihood by the honest means of industry and frugality, and are enduced to become gamesters by the hope of getting an estate at once. It is not only a lottery, but one of the worst, because it is always in the power of the principal managers to bestow the benefit tickets as they have a mind. The broker comes to the merchant and talks to him of th« many fatigues and dangers, the great trouble and small profits that are in his way of trade and, after having done all he can to put him out of conceit with his business, which is often too easily effected, he proposes to dig for him in the rich mines of'Change Alley,' and to get more for him in a day than he could get by bis trade in twelve month. Thus the merchant is persuaJed. He engages, he goes in for some time, but never knows what.he is a doing tih he is quite undone."
The law referred to, which prohibited all contracts and agreements to deliver, receive, accept or refuse any public or joint stock, and made such contracts null and void, still remains in force, though it is practically a dead letter. While it makes stock-jobbing debts illegal, just as betting debts are illegal, it realiy fives immunity to the dishonest. The Stock Exchange enforces the only real penalties against stock-jobbing by summarily expelling from membership every one who fails to fulfill his engagements, and the same rule prevails in the Exchanges in this country.
While the trade in stocks, within proper limits, is a necessary branch of commerce, and while it has been honestly pursued for generations by some members of the financial world, it furnishes numerous opportunities for dishonesty by abusing these opportunities. The vice of speculation has been enormously expanded, and manias and panics of fright ful extent in the disasters thev have inflicted up** the community, have chased one another in quick succession. Among the most prominent evils connected with stock-jobbing are the formation of bubble companies without solid basis or integrity of management the fictitious buying and selling of shares, which is mere gambling conspiracies to "rig the market," by which falsehoods are scattered regarding the condition or prospects of certain securities, with a view to profi* and all the manifold tricks of bulU *ud bears, by which the market values of stocks and bonds are, pushed up and down without the slightest reference to their real valae, and for the sole purpose of robbing the ignorant. .r
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