If the Governing Committee could thus call the broker to account,
the professional bear or the schemer, who desired to prevent him from
selling, would have but to pass the word to the president of the Exchange
that the broker in question was about to work Brownley's discovery and he
could be taken from the crowd and before he returned his place could be
taken by others and he could be ruined.
"Men of Wall Street, it is impossible to prevent the repetition of those
acts by which in five years I have accumulated a billion dollars,
impossible so long as a short sale or a repurchase and resale, is allowed.
When short sales, and repurchases and resales, are made impossible, stock
speculation will be dead. When stock speculation is dead, the people can
no longer be robbed by the 'System.' In leaving you, the Exchange, and
stock-gambling forever, as I shall when I leave this platform, I will say
from the depth of a heart that has been broken, from the profoundity of a
soul that has been withered by the 'System's' poison, with a full sense
of my responsibility to my fellow-man and to my God, that I advise every
one of you to do what I have done and to do it quickly, before the doing
of it by others shall have made it impossible, before the doing of it by
others shall have blown up the whole stock-gambling structure.
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