Excerpt from Light Come, Light Go: The passion for speculation which, throughout all ages, has captivated the great bulk of humanity, would seem to be an innate characteristic of mankind. It assumes various forms and guises which often deceive those over whom it exercises its sway, and becomes in numberless cases a veritable obsession, causing its victims to devote the whole of their time, thoughts, and money—sometimes even their lives—to its service. Devotees of the simpler forms of gambling, such as are to be procured at the card-table and on the race-course, are often looked down upon by people who are themselves under the sway of other insidious, if more reputable, modes of tempting fortune. For all speculation, whether it be in pigs or wheat, stocks and shares, race-horses or cards, is in essence the same—its main feature being merely the desire to obtain “something for nothing,” or in other words to acquire wealth without work. Gambling, of no matter what kind, is thus a conscious and deliberate departure from the general aim of civilised society, which is to obtain proper value for its money. The gambler, on the other hand, receives either a great deal more than he gives or nothing at all.