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This antiquated prejudice has interfered very much with the stock-jobbing which the present government encourages for its own interests. Monsieur Octave de Camps, he said, having wasted his means on a certain Madame Firmiani, was now reduced to teaching mathematics for a living, while awaiting his uncle's death, not daring to let him know of his dissipations.
At last it was found that this stock-jobbing too much embarrassed the Place Vendome and the public way; it was transferred, therefore, to the vast garden of the Hotel de Soissons. This was, in fact, its proper place. Law, who had remained at the Palais Royal some time, had returned to his own house, where he received many visits.
Insurance companies and manufacturers might not be able to meet the great strain of all this. "Damn!" said Cowperwood gloomily. "I wish I were out of this stock-jobbing business. I wish I had never gotten into it." He returned to his drawing-room and scanned both accounts most carefully. Then, though it was still early, he and his father drove to his office.
I was not inclined to place reliance on all public reports and gossiping stories circulated on the Exchange without close investigation; for I wished to avoid transmitting home as truths what might frequently be mere stock-jobbing inventions.
But what shall he then deserve who, intelligent, rich, educated, surrounded by the esteem of all, clothed with an official character, will steal not to eat, but to satisfy some fanciful caprice, or to try the chance of stock-jobbing? Will steal, not a hundred francs, but a hundred thousand francs a million?
At last it was found that this stock-jobbing too much embarrassed the Place Vendome and the public way; it was transferred, therefore, to the vast garden of the Hotel de Soissons. This was, in fact, its proper place. Law, who had remained at the Palais Royal some time, had returned to his own house, where he received many visits.
In March, 1779, he wrote to James Warren of Massachusetts: "Nothing, I am convinced, but the depreciation of our currency, aided by stock-jobbing and party dissensions, has fed the hopes of the enemy, and kept the British arms in America to this day. They do not scruple to declare this themselves, and add that we shall be our own conquerors.
Being in urgent need of money, with which to evade the grasp of his numerous creditors, he returned to his stock-jobbing pursuits if indeed he had not been engaging in them all along; using his proposal for employment under Lord Cochrane as a blind or as a secondary resource.
Back and forth in front of me wandered humanity, all grades and shades. Here a prince, scion of a noble house, there a parvenu, fresh from his latest stock-jobbing victory. Here a mondaine, a demi-mondaine with a reputation in half a dozen countries. Here a group of famous lights of the stage, there a couple of eminent statesmen. Truly, a cosmopolitan crowd.
Land-jobbing, stock-jobbing, slave-jobbing, rights-of-man-jobbing, were all, hand in hand, sweeping over the land like a hurricane. The banks were plunging into desperate debts, preparing for a universal suspension of specie payment, under the shelter of legislative protection to flood the country with irredeemable paper.
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