TRIES TO BREAK THE BANK.

New Zealand Herald, Volume XXXIX, Issue 11902, 1 March 1902, Page 2 (Supplement)

TRIES TO BREAK THE BANK.

New York, January 11.—A cable to the New York World from Monte Carlo says: — Charles M. Schwab, president of tho American billion dollar steel trust, was 14,000d015. (£2800), ahead of the game in the Casino gambling-room at one time to-day. At about the samo time it became known that Lord Rosslyn, with a system for breaking the bank, was penniless at the end of his string and would leave for London to-night. Notwithstanding . his tremendous winnings Schwab quit the day with about an even showing as between him and the bank for theAhree days that he has been playing. The excitement caused by his apparently reckless plunging, without regard to loss or gain, has increased. A crowd that is six feet deep behind and around him presses down on him in moments when a large sum is at stake and at each turn of the wheel, whether he wins or loses, a loud " Oh!' is emitted, as though involuntarily, by the crowd surging around the table. The steel magnate while at his sensational play with enormous stokes is showing great outward calmness, but he is evidently under tremendous strajn and excitement. He has no system except that he stakes the maximum allowed each time on numbers, selecting the figures on which to risk his money haphazard and without any relation to any doctrine of chance.