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The great French bubble of 1719 is here to-day with the addition of two English tom-fooleries, foreign loans and 1 pound notes. Mr. Law was a great financier. Mr. Law was the first banker and the greatest. All mortal bankers are his pupils, though they don't know it. Mr. Law was not a fool; his critics are. Mr.
"I quite agree," answered Viner. "But who knows anything?" Mr. Pawle looked at the two ladies. "That's a stiff question!" he said. "The bankers tell me that Ashton only called on them two or three times; he called on me not oftener; neither they nor I ever had much conversation with him. These two ladies should know more about him than anybody but they seem to know little."
From the place where he stood he watched the interesting procession, still in progress at midnight, of Jenkins' guests, the whole body of the fashionable physician's patients; the very flower of society, a large sprinkling of politics and finance, bankers, deputies, a few artists, all the jaded ones of Parisian high life, pale and wan, with gleaming eyes, saturated with arsenic like gluttonous mice, but insatiably greedy of poison and of life.
"We took your list of the portraits there with us, uncle," said Malcom, "and tried to get acquainted with those old Florentine bishops, bankers, and merchants that he painted." "And oh! isn't that Ginevra de' Benci in the Meeting of Mary and Elizabeth lovely! and her golden brocaded dress!" cried Margery.
British bankers, French bankers, German bankers, Belgian bankers, Dutch bankers all intent upon the same mission because behind all, and relentlessly driving, were the accumulating surpluses, demanding an outlet. European bankers found that outlet in Africa, Asia, Australia and the Americas.
"They will not do that," said Major Delavie, eager to reassure her; "I have heard enough of their tricks to know that they keep such game as he most carefully till they can get a ransom." "Your are sure of that!" "Perfectly. I met an Italian fellow at Vienna who told me how it was all managed by the Genoese bankers." "Ah!
He blew out the light and retired, not to sleep, but to revolve plan after plan for the salvation of the ranch. To float a new loan from any source in San Marcos County he dismissed for the hundredth time as a proposition too nebulous for consideration. His only hope of a bank loan lay in an attempt to interest outside bankers to a point where they would consent to have the property appraised.
The very morning the letter of license from the government to the Bank of England appeared, thousands and tens of thousands of pounds sterling were taken from the hoards, some from boxes deposited with bankers, although the depositors would not leave the notes in their bankers' hands.
Since then the Bank of England, as a bank, is exempted from the perpetual apprehension that makes other bankers keep a large reserve the apprehension of discreditit would seem particularly necessary that its managers should be themselves specially interested in keeping that reserve, and specially competent to keep it.
In some instances, half of the cost is borne by the patron; the student being required to repay the rest. Now these aristocratic examples are extensively followed through other grades of society. Merchants, bankers, and manufacturers all rich men of the commercial and industrial classes are educating students.
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