Twenty Years a Detective in the Wickedest City in the WorldWooldridge, Clifton R. (Clifton Rodman)
History
Twenty Years a Detective in the Wickedest City in the World
Wooldridge, Clifton R. (Clifton Rodman)
Crime -- Illinois -- Chicago; Police -- Illinois -- Chicago
As a matter of fact, all other forms of gambling or swindling are
commonplace and comparatively innocent when compared to the "bucket
shop" which has caused more moral wrecks, more dismantled fortunes and
made more of the innocent suffer than any other agency of diabolism.
Just why so brazen an iniquity in the guise of speculation should be
allowed to exist it is difficult to explain.
OPEN GAMBLING UNDER BAN.
Open gambling has been placed under the ban of civic reform. While the
policy shop, the lottery and other less dangerous methods of swindling
have been effectively stamped out of most cities, the "bucket shop
tiger" continues to rend the ambitions of young and old, dragging them
down to forgery, embezzlement, suicide,--or that which is quite as
bad,--broken spirit for legitimate endeavor. Under the circumstances
the sympathy of the public should be with the movement to drive
"bucket shops" out of business, to close them along with all other
gambling institutions.
It is time that something was done to check the growing evil of
gambling on produce, cotton and stock exchange quotations. A beginning
has been made, but the movement has not gone far enough. These
excrescences on the body politic have multiplied rapidly and so
dangerously near do they come to being popular that the mercantile
community owes it to itself to apply the knife at once.
Moreover, there is no form of gambling more disastrous to the player
than "bucket shop" gambling. Its semi-respectability and likeness in
many outward features to regular and reputable commission houses makes
it the most insidious of all temptations to the young speculator and
aspirant for wealth. It is the open door to ruin.
[Illustration: THAT NEW LEAF]
OPEN DOOR TO RUIN.
Men do not blush at being seen in a "bucket shop" as they would if
caught in a faro bank or poker room though they are drawn thither by
the same passion for gambling that takes them to the regular gambling
den. The "bucket shop" successfully carries on a worse swindling game
than the "blacklegs." The wealth the chief "bucket shop" men of the
country have acquired proves this. Men can be pointed out in Chicago,
New York and other cities of the country who have amassed fortunes at
the business while their thousands of victims are impoverished and
ruined.
Persons desiring to speculate or invest can avoid "bucket shops" and
"fake" brokers by making a preliminary and independent investigation
into the character of the broker and the merits of the enterprise.
If they accept the statements and references of promoters of schemes
without making such investigations they are not entitled to sympathy
if they are robbed.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account