United States or Faroe Islands ? Vote for the TOP Country of the Week !
Coroners will tell you that on such days their calls are most numerous and history will tell you that on such days the greatest financial disasters of the world have visited stock-exchanges and bourses. Burton's jaws were set and his eyes ablaze with a fiery tenseness which was hardly sane. His loins were girded and to one focal object was every power dedicated.
The crafty, unscrupulous managers of bucket-shops, stock-exchanges, and brokerages filled the columns of the press with manufactured accounts of vast fortunes made in an hour by imaginary investors of small sums, and at once multitudes of farmers, mechanics, and even teachers abandoned their honest pursuits to squander their hard earnings in the vain attempts to "buck the tiger," and "beard the lion in his den."
He saw the river steamers tied to the bank and lined against it three deep; he saw the sawmills working and the long dog-teams, with double sleds behind, freighting supplies to the diggings. And he saw, further, the gambling-houses, banks, stock-exchanges, and all the gear and chips and markers, the chances and opportunities, of a vastly bigger gambling game than any he had ever seen.
And he who in our time sings the romance of Homer's Greece cannot expect to sing it so well as Homer did, nor will he be singing about us or our romance at all. A machine age is something quite different from an heroic age. What is true of rapid-fire guns, stock-exchanges, and electric motors, cannot possibly be true of hand-flung javelins and whirring chariot wheels. Kipling knows this.
Unfortunately the theory of markets, like that of emigration with which they attempted to meet Malthus, is a begging of the question. The States having the largest market are as subject to over-production as the most isolated countries: where are high and low prices better known than in the stock-exchanges of Paris and London?
Word Of The Day