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Updated: May 24, 2025


The petty speculators fell on the builders, the builders on the land companies, the land companies on the banks of issue, and the latter on the public credit, ruining the nation.

Unfortunately it is one of the world's cloacinæ, a kind of moral cesspool, into which flows the uncleanness, the filth of many nations; the rendezvous of Italians, Germans, Frenchmen, and Englishmen, whom their own countries have repudiated; political gamblers, who had played their last card and lost their last stake; fraudulent bankrupts, unscrupulous speculators men who have nothing to hope, nothing to lose, and are too callous, or too desperate, or too miserable to fear.

Its agents blazed the way, but the French and Indian War, and the Revolution soon following, tended to discourage the aspirations of the adventurers, and the organization finally lapsed. Western land speculators were as active in those days as now, and Washington was chief among them.

I am speaking of those individuals who have evaded the spirit and purpose of our tax laws, of those high officials of banks or corporations who have grown rich at the expense of their stockholders or the public, of those reckless speculators with their own or other people's money whose operations have injured the values of the farmers' crops and the savings of the poor.

The mining regulations were complicated, and it was not unusual for unscrupulous speculators to dispute a poor man's claim. He knew of instances where grave injustice had been done. Moreover, he noted that Stormont said nothing about Agatha, but thought him the prospective owner of the minerals. People obviously took it for granted that he meant to marry the girl.

His family lived on canned fruits and vegetables; and except here and there a brilliant poppy, which stubborn Dame Nature had inserted among his wheat, wife and children had not a flower to grace mantle or table. I confess that it pleased me to hear this farmer complain of hard times, because, as he said, the speculators in San Francisco made more money from his wheat than he did.

That thousands of heartless speculators exist among us, who do regard everything, even to the graves of their fathers, as only so much improvable property, is as undeniable as the fact that they are odious to all men of any moral feeling; but thousands and tens of thousands are to be found in the country, who do reverence their family possessions from a sentiment that is creditable to human nature.

He was indefatigable in finding out the balls, soirees, and operas she would attend. He was her constant shadow, never happy out of her sight, thinking of her all day, dreaming of her all night, yet half afraid to risk all and ask her to be his wife, lest he should lose her. To uninterested speculators Lord Airlie was a handsome, kindly, honorable young man.

When he drives off in his buggy you can see that he's all het up and trembly, like one of them reckless Wall Street speculators you read about. He's spent a cent, but he's had a lovely nerve-wrackin' time doin' it. Oh, a feller has to satisfy his cravin' for excitement somehow, and Jerry satisfies his buyin' one-cent newspapers and seein' his creditors get mad.

Be it said here, however, that Rosalie was not long in settling many of the speculators straight in their minds. It seemed improbable that it should not be as they had thought and hoped. The news soon reached Blootch Peabody and Ed Higgins, and, both eager to revive a blighted hope, in high spirits, called to see Rosalie on the same night.

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