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On October 1st the certificate of the Anti-People's Trust, $12,000,000,000 capital, 120,000,000 shares, were listed upon the New York, London, and Boston Stock Exchanges, and the German and French Bourses, and trading in them started off fast and furious at 106.
It will be the blackest day in Exchange history and one that will reflect itself in all the bourses of Europe." After eleven o'clock, when Mary Burton and Jefferson Edwardes returned from the theater, the girl caught a glimpse of a strange picture as she paused in the hall. Six silent men stood or sat about the brightly lighted library with blue wreaths of cigar smoke drifting upward above them.
They entered by government examinations; all their letters passed through the head master's hands; they were put under a threefold system of espionage culminating in the grand master; the one hundred and fifty scholarships and bourses in each were paid by the state; the punishments were, like those of soldiers, arrest and imprisonment.
Many of them rose to eminent positions in war and in diplomacy, became founders of distinguished families, or dying childless, left their hard-won gold to endow free bourses at Douay and Louvain, for poor Irish scholars destined for the service of the church, for which they had fought the good fight, in another sense, on the Shannon and the Boyne.
This plea had its effect, and more and more anarchists began to join the trade unions, while their friends, already in the unions, prepared the way for their coming. Pelloutier, a zealous and efficient administrator, had already become the dominant spirit in one entire section of the French labor movement, that of the Bourses du Travail.
In short Militarism, which is nothing but State Anarchism, has been carried to such a pitch that it has been imitated and countered by a movement of popular Anarchism, and has exploded in a European war because the Commercialist Governments of Europe had no faith in the effective guidance of any modern State by higher considerations than Lord Roberts's "will to conquer," the weight of the Kaiser's mailed fist, and the interest of the Bourses and Stock Exchanges.
There was a continuous market everywhere up to the last moment, and call money was obtainable at reasonable prices. Here was a perplexing problem when the closing of foreign Bourses raised the question of how long we should strive to keep our own Exchange open.
Is it just, is it right, is it wise to turn these people into disaffection and despair by an act of tyranny and spoilation through which the only gainers will be foreign speculators abroad and at home the gamblers of the Bourses?
Nor was it only in respect of persons that he departed from paternal tradition; he rejected it openly in the case of one of the most important acts of Charles VII.'s reign, the Pragmatic Sanction, issued by that prince at Bourses, in 1438, touching the internal regulations of the Church of France and its relations towards the papacy.
The name of Ireland may be known on the Bourses or in the Chancelleries of Europe; it is not without interest, even fame, in the centres of German academical culture. But that the German State may also be interested in the political fate of Ireland is believed by the present writer.
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