This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1895 Excerpt: ...then proceeds with customary glibness to itemize this aggregate of the total debts. The extraordinary book gives some $ 19,000,000,000 as 'figures on which something definite has been obtained;' and to this it adds amounts summing up $21,000,000,000--the estimates being based on nothing or less than nothing. It is ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1895 Excerpt: ...then proceeds with customary glibness to itemize this aggregate of the total debts. The extraordinary book gives some $ 19,000,000,000 as 'figures on which something definite has been obtained;' and to this it adds amounts summing up $21,000,000,000--the estimates being based on nothing or less than nothing. It is humbug of the most transparent kind. "To start with, it assumes a certain ratio of increase of the first named class of debts since the dates of the statistics on which its figures are founded--such dates ranging from two to four years ago--and, with an assurance which is simply indescribable, it makes the increase within that short period of time from 40 per cent, to 50 per cent, of the entire original amount. Eight thousand million dollars is thus piled upon the 19,000,000,000 of vaguely 'definite' foundation. This rate of increase equals in magnitude the rate of interest imposed by the gentlemen who lend money on 'personal collaterals'--thethrifty tradesmen whose business is indicated by the protrusion into the public eye of a symmetrical triplet of golden globes. "One thousand million dollars is then added for 'mortgage debts on homes not occupied by owner.' This sum is 'estimated.' The estimate might just as weH have put the total of such mortgage debts at ten times the figures so modestly assumed. No one has any positive knowledge on this subject; and, when the silverite statistician gets among the thousands of millions, a few ciphers more or less don't worry him a particle. What are a few billions to him when contemplating the illimitable field of arithmetic possibilities? "Overdue accounts due merchants' are 'estimated' at $5,000,000,000. If the merchants of the United States are staggering under such a load as this of past-...
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Add this copy of Honest Money: Coin's Fallacies Exposed... to cart. $53.69, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2011 by Nabu Press.
Add this copy of Honest Money: "Coin's Fallacies Exposed-Volume 1, to cart. $423.66, good condition, Sold by Neil Shillington rated 4.0 out of 5 stars, ships from Hobe Sound, FL, UNITED STATES, published 1895 by The Equitable Pub. Company.
