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. 1911 Excerpt: ...years' rest and recuperation another era of speculative expansion commenced in 1878, anticipating the resumption of specie payments, and lasted with many ups and downs for about six years, during which time many thousands of miles of railway were built parallel to, and in competition with, some of the most prosperous ...
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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. 1911 Excerpt: ...years' rest and recuperation another era of speculative expansion commenced in 1878, anticipating the resumption of specie payments, and lasted with many ups and downs for about six years, during which time many thousands of miles of railway were built parallel to, and in competition with, some of the most prosperous existing lines. The capital embarked in these new adventures proved, for the most part, unfortunate for the original investors; hence, after the panic of 1884 brought this second era of prosperity to an end, there followed a period of transition during which these new and at first unprofitable lines were being absorbed by the older and stronger corporations. Then came another outburst of speculation, which was marked by the entry of large foreign operators into the New York market, and by a great development of London's dealings in Americans, or "Yankees," as they were called. A check to this was administered by the Baring crisis. But the collapse in New York was not quite due, and was postponed till 1893; its proximate cause being the vicious silver legislation of the United States Government. A heavy cloud of depression hung over Wall Street until 1896, when Mr. McKinley was elected President on a straight gold platform. This restored the confidence of the moneyed interest, and laid the train for a new era of speculative activity. By the Dingley tariff the profits of favoured manufacturers were enormously increased at the expense of the general public, and upon the passing of the Tariff there followed in logical sequence the organisation of trusts to stifle competition and raise prices to the utmost limit of the protective and prohibitive duties. From the Wall Street point of view this chapter may be called the capitalising of the t...
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of The Stock Exchange to cart. $38.36, new condition, Sold by Paperbackshop International rated 4.0 out of 5 stars, ships from Fairford, GLOS, UNITED KINGDOM, published 2022 by Creative Media Partners, LLC.
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Add this copy of The Stock Exchange: A Short Study of Investment and to cart. $28.72, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
Add this copy of The Stock Exchange: A Short Study of Investment and to cart. $38.16, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
