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I shall call upon you to consider the drunkenness, the stock-gambling, the rampant dishonesties, the club-houses so far as they are nefarious, the excess of fashion, the horrors of unchastity, the bad books and unclean newspapers, and the whole range of sinful amusements; and with the plough-share of truth turn up the whole field.
You will find the answer I found. It is so, and must continue to be so, or there will be no stock-gambling. Mark me, for this statement is weighted with the greatest import to you all. A member of this Exchange can sell as many shares of stock at one session as he cares to offer.
The guiding intelligences necessary for the successful building and successful management of railroads should receive ample remuneration; but no man should be allowed to make money in connection with railroads out of fraudulent over-capitalization and kindred stock-gambling performances; there must be no defrauding of investors, oppression of the farmers and business men who ship freight, or callous disregard of the rights and needs of the employees.
But human nature, whether at horse sales or at stock-gambling, loves to be "hinky-dinked" as much as the moth loves to play tag with the candle flame.
For at the great metropolitan centers grew a luxurious, speculative, stock-gambling body, which, like a malignant tumor, absorbed into itself the strength of the nation and sent out its cancerous fibres to the remotest hamlets.
As to our material prosperity, it consists of an inflated paper currency, an immense debt, a giddy, foolhardy spirit of speculation and stock-gambling, and a perfect furor of extravagance, which is driving everybody to live beyond his means, and casting contempt on the republican virtues of simplicity and economy.
"Well," Butler meditated, half to himself, half to Cowperwood, "there are a number of things that a bright young man could do for me in the street if he were so minded. I have two bright boys of my own, but I don't want them to become stock-gamblers, and I don't know that they would or could if I wanted them to. But this isn't a matter of stock-gambling.
You may put it down into the very heart of the earth; you may heave rocks upon the top of it; on top of the rocks you may put banks and all moneyed institutions, but that dishonest dollar beneath will begin to heave and toss and upturn itself, and keep on until it comes to the resurrection of damnation. Then this stock-gambling life is wretchedly unhappy.
If, at any session, after gong-strike, the Governing Committee, or any Exchange authority, could for any reason compel a member to cease operating, even for the purpose of showing that his transactions were legitimate, the entire structure of stock-gambling would fall.
But it is one of the best-established traditions of stock-gambledom that when an operator has been bitten by a rabid stock he is invariably attracted to it every time afterward that it shows signs of frothing. More than all, I had one of those strong nowhere-born-nowhere-cradled intuitions common to those living in the stock-gambling world, which made me feel the creepy shadow of coming events.
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