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Updated: April 30, 2025
The betting-office keeper is the speculator's divinity. The office itself is but the point where the ringing of the metal takes place, where the actual business is more bindingly entered into; but on great, or, as they are technically termed, grand days, there will occur what will also apply, perhaps, occasionally to grand operas very heavy operations.
He thinks, evidently, that I have weakened before the mere prospect of a contest; and he assures me that the estate can be settled as my father intended. Well, but can this plan of mine be carried out? As easily as the other, he says, and of course more bindingly if there can be a difference.
You guarantee directly to the cheap labor of these tropical regions, and indirectly, but none the less bindingly, to the cheap labor of the world, free admission of their products to this continent, in unrestricted competition with our own higher-paid labor.
And these things are not to be done effectively and bindingly nowadays by official gentlemen in discreet undertones. They need to be done with the full knowledge and authority of the participating peoples. The Russian example has taught the world the instability of diplomatic bargains in a time of such fundamental issues as the present.
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