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In the interim the whole world trembled with suspense while stock markets shivered. The Premier's name was on every tongue: the eyes of the universe were focussed on him. It was indeed his Great Hour.
Markets depend on embankments, tremendous earth-works; earth-works employ the laboring-classes; hence loans, which find their way back, in the end, to the pockets of the poor.
And latterly, when the vast extension of European warfare had created first-rate markets for grain, selecting, of course, those which were highest at the moment, they sometimes doubled their capitals in two voyages; and seven or eight such trips in a year were not an unusual instance of good fortune. What had been the result, may be collected from the following description, which Mr.
Notwithstanding their number, the Parisian markets long ago became insufficient, and wants increased with such rapidity that it became impossible to supply them. The municipal administration was therefore obliged, especially in populous quarters, to tolerate perambulating peddlers, who carried their wares in hand carts.
If, therefore, the latter successfully calls to his aid mechanical giants who render his work easier and who enable him to throw into the world's markets a larger proportion of gold for a given amount of effort, the result must be that the price of gold must fall, or, in other words, the prices of general commodities must rise.
Germany had endeavoured before the war in every way to keep American goods out of the German markets, and even the Prussian state railways are used, as I have shown in the article where I speak of the attempt to establish an oil monopoly in Germany, in order to discriminate against American mineral oils.
A few days after, he went to look at his crop; and he found the entire ground covered with a thick and luxurious carpet of "pusley," with a turnip-top worked in here and there as an ornament. I have seldom seen so thrifty a field. I advised my neighbor next time to sow "pusley" and then he might get a few turnips. I wish there was more demand in our city markets for "pusley" as a salad.
It must be safe from the enemy. It must be placed in a permanent station. It must be on a good road, and within immediate reach of markets. It ought also to be on the way home, for the sake of the incurable or the incapacitated who must be sent home.
Now all was bustle, hurry, and confusion, the getting and sending of telegrams, quick dispatches by railway, the watching of markets at a distance, rapid combinations that bewildered Gourlay's duller mind. At first he was too obstinate to try the newer methods; when he did, he was too stupid to use them cleverly.
At the same time, American commercial interests were searching for new markets and were making increasing investments in these very areas. The merchants were looking for new markets to exploit, but the idealist rhetoric talked only in terms of benevolent paternalism. These trends came to a head in the Spanish-American War.
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