Five Years in a Lottery Office: Or, An Exposition of the Lottery System in the United States

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S. N. Dickinson, 1841 - Lotteries - 62 pages
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Page 7 - And they prayed, and said, Thou, Lord, which knowest the hearts of all men, shew whether of these two thou hast chosen, that he may take part of this ministry and apostleship, from which Judas by transgression fell, that he might go to his own place. And they gave forth their lots ; and the lot fell upon Matthias ; and he was numbered with the eleven apostles.
Page 56 - ... which is never denied to the efforts of industry. The amount of pauperism and crime, of mental agitation and perchance of mental insanity, which the lottery system must create among these numerous classes, it would not be easy to calculate. " 4. Lotteries are the parent of much of the pauperism which is to be found in this young, and free, and prosperous land. It entails poverty upon multitudes directly, by exhausting their limited means in abortive experiments to get rich by ' high prizes '...
Page 33 - ... all gaming proceeds, and which is the root of all the misery and distress attendant upon it, is this : the transferring of property from one to another, without receiving an equivalent. The truth of this position is too evident to need illustration." " Another constituent of gaming is the placing of property at the disposition of hazard. And in no case actual or supposed, can it be more completely subjected to the control of chance, than in the lottery wheel. It matters not whether all the parties...
Page 10 - In truth, the foundation of the lottery is so radically vicious, that your Committee feel convinced that, under no system of regulations which can be devised, will it be possible for Parliament to adopt it as an efficient source of revenue, and at the same time divest it of all the evils and calamities of which it has hitherto proved so baneful a source.
Page 56 - ... condition ; and by means, too, which in the wisdom of Providence, were never intended to command success. A mad desire for wealth pervades all classes — it feeds all minds with fantastic hopes ; it is hostile to all patient toil, and legitimate enterprise, and economical expenditure. It generates a spirit of reckless speculation ; it corrupts the simplicity of our tastes ; and, what is yet worse, it impairs, not unfrequently, in reference to the transactions of business, the obligations of...
Page 54 - Assembly to anticipate public opinion, but only to embody it ; to accelerate its salutary impulses, and to augment its healthful vigor. The constitutional power of the legislature to interfere in the premises being undisputed, the memorialists beg leave to submit, for consideration, a few only of the many reasons which have forced upon their minds the conclusion — that Rhode Island should lose no time and spare no effort in extirpating the lottery system : — a system which has already worked...
Page 9 - ... of the country. For example : If a government is uncertain of obtaining, or cannot obtain, money at 7 per cent., it may, perhaps, effect its object by offering 4 per cent, for a loan, and dividing the remaining 3 per cent, among the lenders by means of a lottery ; for the hope of winning the great prizes in the lottery, in addition to the certainty of disposing of their capital at 4 per cent., has a stronger influence on many men than the offer of 7 per cent, interest. In this way, loans have...
Page 33 - And in no case actual or supposed, can it be more completely subjected to the control of chance, than in the lottery wheel. It matters not whether all the parties interested in the hazard are actively engaged in bringing about the result. Are the gamesters upon the turf less interested for not riding their own horses ? Every ticket holder is a partner in the lottery game, and the managers are his deputed agents to play it. " Whatever has a tendency to create an...
Page 10 - Children have robbed their parents, servants their masters, suicides have been committed, and almost every crime that can be imagined has been occasioned either directly or indirectly through the baneful influence of lotteries.
Page 9 - ... winning the great prizes in the lottery, in addition to the certainty of disposing of their capital at 4 per cent., has a stronger influence on many men than the offer of 7 per cent, interest In this way, loans have been raised in Austria, Denmark, Baden and other states, and also in Prussia, in 1821. By this means, in Prussia, stocks to the amount of 30,000,000 were sold at their full nominal value, which, in the market, were current only at 70 per cent. In most, if not all of the U. States,...

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