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It reports on the various estimates of the state budget and, in conjunction with the Commissariats of Finance and State Control, carries out the financing of all branches of public economy. It meets as a whole at least once in every month.
William C. Ralston's Bank of California had become the great financial institution of the West. Ralston was the Rothschild of America. Through him Central Pacific Railway promoters borrowed $3,000,000 with less formality than a country banker uses in mortgaging of a ten-acre farm. Two millions took their unobtrusive wing to South America, financing mines he had never seen.
The Chinese Government consent that as regards the railway to be built by China herself from Chefoo or Lung kow to connect with the Kiaochow-Tsinanfu railway, if Germany is willing to abandon the privilege of financing the Chefoo-Weihsien line, China will approach Japanese capitalists for a loan. Article 5.
Therefore, I shall propose new financing methods for purchasing open space and parklands now, before they are lost to us. The automobile is our worst polluter of the air. Adequate control requires further advances in engine design and fuel composition. We shall intensify our research, set increasingly strict standards, and strengthen enforcement procedures and we shall do it now.
Joe Carbrook broke into an incredulous laugh. "In other words, my fair Marcia, you want Christians to give before they care what it is they are giving to, or even know about it. Don't you think our church will be a long time financing the Every Day Doctrines on that system?" Joe and Marcia never hesitated to take opposite sides in a discussion, and always with good-humored frankness.
Now," he continued, holding up his hand, as his son was about to speak, "listen for a moment or two. I have said the situation is serious. Let me explain that. The financing of this business in the present crisis requires a man's full time and energy. Markets, credits, collections, all demand the very closest attention." Jack glanced at his father's face.
The device of the joint-stock fund had been increasingly relied upon by English adventurers as they sought the means for financing more distant and more expensive ventures. It had the advantage of pooling the resources of more than one individual, and of distributing the risk, and the Virginia adventure had depended upon joint-stock methods of finance from the beginning.
To have financed the Allies and ourselves as long as we did would have been comparatively easy if our population could have been left at work to turn out the stuff and services, the provision of which are implied by financing; but for us to have been able to do it and at the same time to improvise an army which is now consistently and regularly beating the Germans is an achievement which will inevitably raise the world's opinion of our economic strength, on which financial prestige is ultimately based.
Anyway, I'm not running a Pure Business Campaign. I'm running a campaign against your German friend van Heerden." "A German?" said the virtuous Mr. White in loud astonishment. "Surely not a Holland gentleman " "He's a German and you know it. You've been financing him in a scheme to ruin the greater part of Europe and the United States, to say nothing of Canada, South America, India and Australia."
From the invitation list of a ball to the financing of a corporation, his word was law; in matters of marriage as well no man daring even to seek a wife until the Prophet had approved his choice. The whole valley for five hundred miles was filled with his power as with another air that the Saints must breathe.
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