Stock Exchange Investments: Their History; Practice; and Results

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Simpkin, Marshall, Hamilton, Kent & Company, 1897 - 275 páginas
 

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Página 48 - Russia. There was a society which undertook the office of giving gentlemen a liberal education on low terms, and which assumed the sounding name of the Royal Academies Company. In a pompous advertisement it was announced that the directors of the Royal Academies Company had engaged the best masters in every branch of knowledge, and were about to issue twenty thousand tickets at twenty shillings each. There was to be a lottery : two thousand prizes were to be drawn ; and the fortunate holders of the...
Página 48 - ... existence : the Insurance Company, the Paper Company, the Lutestring Company, the Pearl Fishery Company, the Glass Bottle Company, the Alum Company, the Blythe Coal Company, the Sword-blade Company. " There was a Tapestry Company, which would soon furnish pretty hangings for all the parlours of the middle class, and for all the bedchambers of the higher.
Página 45 - Believe me, no : I thank my fortune for it, My ventures are not in one bottom trusted, Nor to one place ; nor is my whole estate Upon the fortune of this present year : Therefore my merchandise makes me not sad.
Página 85 - It is a shameful and unblessed thing to take the scum of people, and wicked condemned men, to be the people with whom you plant; and not only so, but it spoileth the plantation; for they will ever live like rogues, and not fall to work, but be lazy, and do mischief, and spend victuals, and be quickly weary, and then certify over to their country to the discredit of the plantation.
Página 42 - In consequence, all our credit system depends on the Bank of England for its security ; on the wisdom of the directors of that one joint-stock company it depends whether England shall be solvent or insolvent.
Página 47 - In the short space of four years a crowd of companies, every one of wbich confidently held out to subscribers the hope of immense gains, sprang into existence : the Insurance Company, the Paper Company, the Lutestring Company, the Pearl Fishery Company, the Glass Bottle Company, the Alum Company, the Blythe Coal Company, the Swordblade Company.
Página 57 - There is in human nature, generally, more of the fool than of the wise ; and therefore those faculties by which the foolish part of mens minds is taken, are most potent.
Página 224 - Take care of the pence and the pounds will take care of themselves is as true of personal habits as of money.
Página 48 - Potosi. There was a Diving Company, which undertook to bring up precious effects from shipwrecked vessels, and which announced that it had laid in a stock of wonderful machines, resembling complete suits of armour.
Página 21 - ... per cent. It is also undoubtedly true, as Mr. John Bright some years since pointed out,* that meat, in common with milk and butter, commands comparatively high prices in England, " because our people, by thousands of families, now eat meat who formerly rarely tasted it, and because our imports of these articles are not sufficient to keep prices at a more moderate rate.

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