Show STOCK GAMBLING The Engineering and Mining Journal has lias an article on Tho The Scandal of the C Comstock The substance nce 0 of il it t is that from the l first the Comstock has been a place fo for stock gambling and carrying with it all the devices of gambling ng That is probably true too But the Journal ought to keep in mind that the the great bo body ol of or those who gambled got their mon money monCy working at extravagant gunt wages wages' in the Con Comstock and ex except for the gambling gamblin the thc Comstock would have e been heen closed in iii the tle early COs a and l the great bonanzas taken from it since would woul have liaPi still been resting in in their matrix in that hot mountain Some marvelous things were done lone in hi the stock business For instance when Crown Po Point I t was 50 cents a no share wise men told their friends not noL notto notto to buy that it was there simply to levy assessments assess assess- ments on it to catch atch the unwise and the unsophisticated un 1111 u sophisticated and to pay salaries to a few directors tors But that same stock was worth 1800 inside of eighteen months and some people made a goo good 1 deal of money mono r. r It t was tho the same same- way with the Belcher Beicher In Tn th the early eary spring of 74 California and Con Virginia were selling at from 30 to 3 33 a share but in February of the next year yeal those same shares were selling for and some other people made a good deal of money I I There arc are two ways to carry arly on mining One is to get a mine and work it as us a few mines we know of have been worked the owners putting up all an the money to open an and develop elop it to attach machinery reduce their own ores and take their profits the other is when there is not much in insight insight insight sight to sell stock at a low price with the hope that it will raise rais in value Of or course that is pure gambling but that is the way war most mines are arc opened and the biggest mines were only prospects prospects pros pros- when that process was begun And though I a great man many mines fail the reasoning is fair A Aman AI Aman I man ma may raise a hundred colts and not have more than two splendid ones in the whole outfit And of the men that are born into the not more than one in a hundred is is really worth raising Half the rest ought not to wait for a Dr remedy but should be bc chloroformed in chi childhood The only trouble is that we cannot always tell which one one is going to to 10 win in the long race and then there arc are some others who would Qt to the process toward making malting great men and WOl women eIl Some people consider stock gam- gam gambling gam gam- bling a i C disease J Cis not at all 1 It t is a form of f il v and about v 1 y 1 Yn li h rc Lc asIn as ls in branch of business b earl all In any other r merchants mer met ehi ch chants fail som sometimes in t their i ir lives ives Out oil on the farms there are frequently failures of crops and it itI itis I is not much mitch worse woi-se for a man to buy stock f for Or l. l 25 I cents with the tile hope that it will soon than it is for a u farmer falmer to plant a I bushel of wheat heat in inthe inthe inthe the autumn and trust to the soil the climate and the thc good God to get fOlt forty hus bushels els for fat the one olle the tho next summer lIe He is liable to 0 fail every t time me The whole world orill is pretty much of a a- gamble and an anit it ii would be impossible to teach an all old Comstock r that it was not legit legitimate mate for him to buy huy Con COli Virginia today for with the possibility that the miners millers ar are just then on the eve eYe of breaking into a a. bonanza which would raise that stock ath a i th thousand fold If the prospect t is not 1191 good that win will not happen Iu hut but then a great many men join joint t the le church in the thc hope th that t in the big gamble th their ir souls will ihl be lie saved ed and the they r- r have not one assurance in iii the world of it I |