Excerpt from The Six Panics and Other Essays Has been not so much to prevent the recurrence of false alarms in the sensational press - for no reasonable man can hope to do that - as to prevent the abominable waste of public money in which a successful panic always ends. It is all-important that the governing classes and the leading statesmen, who are trustees for the nation and for the public funds, should feel ashamed of the hoax which has now been practised upon them' so often. If this little book serves to supply them ...
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Excerpt from The Six Panics and Other Essays Has been not so much to prevent the recurrence of false alarms in the sensational press - for no reasonable man can hope to do that - as to prevent the abominable waste of public money in which a successful panic always ends. It is all-important that the governing classes and the leading statesmen, who are trustees for the nation and for the public funds, should feel ashamed of the hoax which has now been practised upon them' so often. If this little book serves to supply them with a defensive armour against the arrows of future panic-mongers, I shall be very well satisfied. In some of the shorter essays l have touched upon other matters which have interested me in the last few years. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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