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Financiers and promoters, and all the flotsam and jetsam of the sea of speculation surged upon the shores of his eleven millions. In self-defence he was compelled to open offices. He had made them sit up and take notice, and now, willy-nilly, they were dealing him hands and clamoring for him to play.
A permanent and comfortable home would thus be provided for them. The capital required for establishing the Company was previously put at what seemed an absurdly high figure. The amount actually necessary will be fixed by financiers, and will in any case be a very considerable sum. There are three ways of raising this sum, all of which the Society will take under consideration.
Terrasson, an old minister famous for his financial operations, gave warrant to all the hopes of the financiers and shadowed forth a period of great business activity. Soon those three udders of modern nations, monopolies, bill discounting, and fraudulent speculation, were swollen with the milk of wealth.
It's not for me to say why, in the inscrutable wisdom of God, a genius should ever have been called from this place of hatred and bitter waters; but I want this Boston man to know that the drivel he's been hearing here tonight is the only tribute any truly great man could ever have from such a lot of sick, side-tracked, burnt-dog, land-poor sharks as the here-present financiers of Sand City upon which town may God have mercy!"
In the previous reigns the rich middle class had approached social equality with the nobles; and the sons of great families had consented to repair their broken fortunes by marrying the daughters of financiers; "manuring their land," they called it. Next a new set of persons claimed a place in the social scale. The men of letters were courted even by courtiers.
In front of Flood and O'Brien's saloon a hand fell heartily upon Benito's shoulder. "Come in and have a drink," James Lick invited. Lick had "made a pile" of late. He was building a big hotel on Montgomery street; was recognized as one of San Francisco's financiers. He took Benito by the arm. "We've got to celebrate. I've made ten thousand on my Ophir shares. Carrying any mining stock, Benito?"
It must be admitted in behalf of the financiers of that era that their difficulties were much accentuated by natural calamities.
"The scholar is dependent for opportunity to practice his calling, as well as for material advancement, on a governing board which is generally controlled by clergymen, financiers, or representatives of the state....
The regulation or the domination of monopoly was an issue going to the foundation of society, and popular and financial energy had come into violent impact in regard to the control of prices. Popular energy found vent through Congress, while the financiers, as financiers always have and always will, took shelter behind the courts.
It has nothing to do with my honesty." "Well, there's another motto about 'blood will tell," sneered Britt. Vaniman stepped forward, honestly indignant, manfully resolute. "Let me tell you, sir, that the letter you hold there no matter who wrote it concerns a good man who is dead. He was the scapegoat of one of those big financiers." Vaniman's lip curled.
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