Maybe he was worthy of a following in that he would cast his own
fortunes with those whom he asked to follow him, but withal he was
a dangerous leader because he could not see the rents in his own
armor and lacked caution, prudence and discretion. He could see a
goal ahead and would lead the rush, but always failed to take into
his reckoning one circumstance in his youth that left a blot on his
escutcheon and placed in the hands of unfair opponents an envenomed
weapon ready for use. He failed to see the necessity of making
friends of his competitors and of placating his critics as he
progressed. Indeed, he reckoned these elements not at all. He made
many enemies and few allies. He never compromised. Naturally, he
met with disastrous defeat for himself and the loyal ones who
placed their faith in him.
I disagree. I was not a fool. I refused to be a knave, and I am not
sorry. I have in mind a man of parts who as a stockholder has been
doing the dirty work of unscrupulous multimillionaire Wall Street
mining promoters for years. Dishonest in his expressed opinions and a
sycophant in his every action, the interest of the Wall Street man of
power is always his as against that of the unprotected investor. I look
upon this man as a vile person. I could not do as he does if my very
existence depended upon such conduct. I would rather be out of business
and broke for the rest of my life than be he. For me to serve the base
purposes of high-class crooks just because they have money and power,
would be for me to barter away my soul and lose my peace of mind. I
would not sell either for all the money in the world.
Honesty is the best policy. The type of man I have described can not
thrive for long. He must evidently suffer total eclipse. The business
of this world is founded and builded upon individual integrity. The
business man who allows himself to be used to carry out the base
purposes of men in high places forfeits the respect of those whom he
serves, is forever afterwards mistrusted by them, and loses caste in
the very set he tries to gain favor with.
I charge that powerful, dishonest interests on Wall Street found it
necessary for selfish reasons that I be put out of business. I declare
that they bided their time until newspaper clamor against so-called
Get-Rich-Quick promoters had been fostered, aroused and stimulated to a
point where citizens became imbued with the idea that all promoters who
use the advertising columns of newspapers are crooks. And I aver that
when the Government used upon me and my associates its rare power of
seizure, search and confiscation, it was with no evidence that any
Government statute had been violated. In this and the concluding
chapter of "My Adventures with Your Money" I state the facts which I
believe prove these statements to the last syllable.
GOOD BIG FISH VS. BAD LITTLE FISH
Public-domain text, read in full here on John Shaqi.
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