New York (N.Y.) -- Fiction; Swindlers and swindling -- Fiction
That morning Wix faced the business anew with six hundred dollars, and
felt keenly his limited capital. His severe losses had been a good
advertisement, and every man who had won a dollar was prepared to put
it back. Wix, with a steady hand at the helm, stood through this
crisis most admirably, refusing trades from buyers until he had
sellers enough to offset them, and refusing excess trades from sellers
until he had buyers to balance. Within two weeks he had a comfortable
little sum, but now the daily division of spoils brought no balm to
Gilman. He was suddenly old, and upon his face were appearing lines
that would last him throughout his life. Upon the florid countenance
of Wix there was not even the shadow of a crease.
"Good money, boy," said he to Gilman, upon the day he handed over the
completion of five hundred dollars. "This business is like a poker
game. If the players stick at it long enough the kitty will have all
the money."
"I don't want it all," replied Gilman wearily. "Wix, if I ever get
back the twenty-five hundred dollars that it will take to make me
square, I swear before my Maker," and he held up his trembling, white
hand, "never to touch another investment outside the bank as long as I
live."
"Your liver must be the color of a sick salmon," retorted Wix, but
nevertheless he was himself disillusioned. The bucket-shop business
was not what he had imagined it to be. It was not "easy money!" It had
fluctuations, must be constantly watched, was susceptible to
bankruptcy--and meant work! The ideal enterprise was one which,
starting from nothing, involved no possible loss; which yielded a
large block of cold cash within a short time, and which was then
ended. Daw's idea was the most ideal that had come under his
observation. That was really an admirable scheme of Daw's, except for
one very serious drawback. It was dangerous. Now, if as clever a plan,
and one without any menace from the law, could only be hinged upon
some more legitimate business--say a bucket-shop concern....
There is no analyzing a creation, an invention. It is not
deliberately worked out, step by step. It is a flash of genius. At
this moment young Wix created. The principle he evolved was, in fact,
to stand him in good stead in a score of "safe" operations, but, just
now, it was a gaudy new thing, and its beauty almost blinded him. The
same idea had been used by many men before him, but Wix did not know
this, and he created it anew.
"Sam," he said to the cigar-store man next morning, "I want you to
invest in The La Salle Grain and Stock Brokerage Company."
"Not any," declared Sam. "You have two hundred of my money now."
"Not the entire roll," denied Wix. "I only got twelve and one-half per
cent."
Public-domain text, read in full here on John Shaqi.
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