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Updated: June 12, 2025
If any attempt is made at the session he sells at to compel him either before or after he offers to sell to show his ability to deliver, away goes the stock-gambling structure, because from the very nature of the whole structure of stock-gambling the same shares are sold and resold many times in each session and the seller cannot know, much less show, that he can deliver until he first adjusts with the buyer and the buyer cannot adjust until after he has become such by buying.
The foundation rule, the rule absolutely necessary for the existence of stock-gambling is: Any member of the Stock Exchange can buy, or sell, between the opening and the closing of the Exchange as many shares of stock as he cares to.
What are we doing down-town? Gambling the most of us." "But your life here isn't confined to your uncle and his stock-gambling friends. Surely these lovely young girls two of them came in with me " and Peter smiled, "must make your life delightful."
He has now several agents ready to open up the mines. A liberal use of the income of Lagunitas has buoyed up his sinking credit. But his stock-gambling has been desperately unlucky. Hardin revolves in his mind the displacement of old "Kaintuck." The stage sweeps down the San Joaquin to the station, where his team awaits him. An unwonted commotion greets him there. His arrival is opportune.
In accepting my advice you can quiet your conscience, those of you who have any, with this argument: 'If I start, I am sure of success. If I succeed, no one will be the wiser. The millions I secure I will take from men who took them from others, and who would take mine. The more I and others take, the sooner will come the day when the stock-gambling structure will fall.
"A little absence from New York, perhaps," suggested Blizzard, and watched her face closely. "Do you think so? It doesn't seem to me necessary to run away in order to straighten out." "Mr. Allen," said Blizzard, "should swear off stock-gambling, and marry a rich girl." "He's not that kind," said Barbara simply.
She does not believe in stock-gambling. She has worked it out that every dollar one man makes, another loses; that the one who makes gives nothing in return for what he gets away with; and that the other fellow's loss makes him and his as miserable as would robbery to the same amount.
I wondered idly who this Plymire might be, and pictured to myself some old attorney who had fallen into the hands of Doddridge Knapp, and had, through misfortune, been forced to sell everything for the mess of pottage to keep life in him. But there was small time for musing, and I went out to do Doddridge Knapp's bidding in the stock-gambling whirlpool of Pine Street.
They controlled all three of the big insurance companies, with their resources of four or five hundred million dollars; one of them controlled a great transcontinental railroad system, which alone kept a twenty-or thirty-million dollar "surplus" for stock-gambling purposes.
"All you do is to buy a thousand Interstate Copper to-day or to-morrow at any price up to two and a half, Abe, and I give you a guarantee that you make twenty-five hundred dollars by next week." When Abe returned to his place of business that day he had developed a typical case of stock-gambling fever, with which he proceeded to inoculate Morris as soon as the latter came back from lunch.
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