United States or Republic of the Congo ? Vote for the TOP Country of the Week !
Hutchins is very grateful for the part this Camp Fire took in the recovery of the lost securities of which she was trustee," Katherine announced by way of introducing her "great news" to the members of the Fire who assembled in response to her call. "Of course Hazel did the really big things, assisted and encouraged by the companionship of Harriet and Violet, but Mrs.
There are here 15,000,000 L. bank notes issued on securities, and 18,288,640 L. represented by bullion. The Bank of England has no power by law to increase the currency in any other manner. It holds the stipulated amount of securities, and for all the rest it must have bullion.
To use a plain illustration, these various sorts of so-called securities may be described as so many kinds of human harness by which the masses, broken and tamed by the pressure of want, were yoked and strapped to the chariots of the capitalists. "For instance, here is a bundle of farm mortgages on Kansas farms.
Why can you not leave well alone?" How copiously might a Jacobite orator have harangued on this topic in the Convention of 1688! "Why make a change of dynasty? Why trouble ourselves to devise new securities for our laws and liberties? See what a nation we are. See how population and wealth have increased since what you call the good old times of Queen Elizabeth.
The high margin in bond securities required, resulting from large premiums which Government bonds command in the market, or the tax on note issues, or both operating together, appear to be the influences which impair its public utility.
"It is an enterprise based upon sound principles one that offers a supply in direct answer to a demand. I shall probably decide to take a little of that stock, if I can get some other securities to go with it. But for a part of the money I have to invest, I must get stock in some already established and assured business I should especially like bank stock, either in your bank or Captain Hallam's.
But Huntington not owning all the securities of the railroad of which he is president, we send for persons and papers and confiscate as fast as the excess turns up, and distribute as described above. "Oh my! Oh my!" comes a voice from out of the woods. "Is not this robbery?" No; nor armed revolution either, but a peaceable solution of the question. Who owns this earth anyway?
In our contemporary world, in our particular phase, military and naval organization loom up, colossal and unprecedent facts. They have the effect of an overhanging disaster that grows every year more tremendous, every year in more sinister contrast with the increasing securities and tolerations of the everyday life.
Yes, I shall transfer my securities to London. I shall build a house in Park Lane, and I shall buy some immemorial country seat with a history as long as the A. T. and S. railroad, and I shall calmly and gradually settle down. D'you know I am rather a good-natured man for a millionaire, and of a social disposition, and yet I haven't six real friends in the whole of New York City. Think of that!
In making this transfer great care should be taken, however, that the power necessary to the Treasury Department be not impaired, one of its greatest securities consisting in control over all accounts until they are audited or reported for suit.
Word Of The Day