INTRODUCTION: "In 1923 a very significant meeting was held
at the Edgewater Beach Hotel in Chicago. Attending that
famous gathering were nine of the world's most successful
financiers. The president of the largest independent steel
company, the president of the largest utility company, the
president of the largest gas company, the greatest wheat
speculator, the president of the New York Stock Exchange, a
member of the President's Cabinet, the greatest bear on Wall
Street, the head of the world's greatest monopoly, and finally
the president of the Bank of International Settlements were all
present. A high-powered group if there ever was one. These
men were supreme masters of the finance world!
Twenty-five years later, in 1948, the picture was much
different. Charles Schwab had died bankrupt after living on
borrowed money for the last five years of his life. Samuel
Insull had died a fugitive from justice, penniless in a foreign
land. Howard Hopson was insane. Arthur Critten died abroad,
insolvent. Richard Whitney had just been released from Sing
Sing. Albert Fall was pardoned from prison so he could die at
home. Jesse Livermore died a suicide, as did Leon Fraser and
Ivar Kreuger. All these men, masters of finance, were
mastered by wealth."
Disciplines of A Godly Man, by Kent Hughes.
I Tim. 6:17-19, "Charge them that are rich in this age, that
they be not high-minded, nor trust in uncertain riches but in
the living God, who giveth us richly all things to enjoy: that
they do good, that they be rich in good works, ready to
distribute, willing to share, laying up in store for themselves a
good foundation against the time to come, that they may lay
hold on eternal life."
The Bible helps us to realize that the dangers of the super rich
are the same for the normal aspiring young couple.
I am of the personal conviction that a teacher of God's ...
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