r he had struggled amid the direst privations, changed the whole
current of his life. He was appointed a professor at the University of
Bologna. Linguists everywhere placed their collections at his service, for
they recognized that the work he had already done would facilitate the
researches and studies of all future inquirers. The scholars of the United
States were especially prompt, and the Bureau of Ethnology, when he
announced his intention of making a comparative study of Indian languages,
sent him a large and valuable collection of works on the subject.
GAMBLING IS A VICE, BUT--
Famous Speculator Who Tries to Limit
His Investments to "Sure Things"
Has Had Many Stumbles.
James R. Keene, famous as a leader of the Wall Street bulls--or
occasionally of the bears--asserts that he never gambles in stocks, and
that gambling is one of the worst of vices.
"I try not to touch anything that is not worth while," he said. "If a
stock is good and is selling under price it is legitimate to take that
stock and push it up to its real value."
Several times in attempting to do that Keene has been cleaned out and left
as poor as he was when he started out in California in the fifties. He was
a sickly, nervous, near-sighted boy of twelve when he arrived in the West.
Three years of life in the open built him up, and he started in as a
prospector on his own account. It didn't pan out well, and he turned
farmer for a while, left that work as a cowboy, and then put in a year as
a newspaper reporter.
But the mines drew him back, and he managed to get ten thousand dollars
out of the Comstock lode. With this he went to San Francisco, and when he
saw how things were run on the exchange there he decided that he would
enter the game. It took him three months to turn his ten thousand dollars
into a hundred and fifty thousand dollars, and it took his opponents two
days to take that away from him and leave him not only without a cent, but
also heavily in debt.
Young Keene's Period of Poverty.
The period that followed was one of poverty for Keene, and for two years
he fought through it, working at whatever he could find to do, but all the
time intent on getting back to the exchange. Finally, his creditors
allowed him to join the Mining Exchange, and his knowledge of mining
properties soon put him at the head of the mining stockbrokers.
Keene won his success as a broker through his painstaking study of the
property in w
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