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Updated: July 27, 2025
There was scarcely a pretence that the traders were mere intermediaries who bought in a cheap market and sold in a dear. They were known to be raiders as well, and numbers of the captives exhibited in the mart at Side in Pamphylia were known to have been freemen up to the moment of the auction.
They themselves, I believe, are innocent and can give the name of the persons from whom they received them; and so, by tracing the various intermediaries, we shall come at last, upon the original dispensers of these ducats.
If such schools are established, the important thing is that they should be true intermediaries between the primary school and the university, keeping on the wide track of general culture, and not sacrificing one branch of knowledge for another.
These moccasins, of course, were worn by Blackstaffe and Wyatt, who, whatever the British colonel may have thought of them, were nevertheless of the greatest importance, as intermediaries between him and the Indian chiefs. A few yards beyond the junction they had stopped and talked a little, but they had not sat down.
He added that this pacification would not be possible if his old friends continued to distrust him, and to discuss through intermediaries alone plans in which their own fortunes were interested as well as his. The messenger returned with this answer, and the confederates, though feeling, it is true, the justice of Caesar's remarks, none the less hesitated to comply with his demand.
I must add a word on the way of treating politically with the Court of Morocco. The modes and maxims of this Court, not unlike those of the Chinese, are procrastination, plausible delays, and voluminous despatches and communications, which are carried on through the hands of intermediaries and subordinate agents of every rank and degree.
It assumes the existence of a formal private sector which can tap the credit and capital markets through functioning financial intermediaries, notably banks and stock exchanges. Yet, this mental picture is a figment of economic imagination. The bulk of the private sector in these countries is informal. In many of them, there are no credit or capital markets to speak of.
A pirate fights as valiantly as if his cause were just, and, through intermediaries, the gauntlet was thrown back in our faces and notice served that the conflict had reached a critical stage. I never discussed the issue direct with members of the clique, as they looked upon me as the leader in resisting their levy of tribute, but indirectly their grievances were made known.
Product Development Units in banks, insurers, brokerage houses, and other financial intermediaries churn out groundbreaking financial instruments regularly. Governments from the United Kingdom to New Zealand set up "innovation teams or units" to foster innovation and support it. Canada's is more than two decades old.
Switching from one kind of investment to another incurs often prohibitive transaction costs. In many countries, financial intermediaries are dysfunctional or corrupt or both. They are unable to efficiently convert savings to investments or are wary of doing so. Furthermore, very few capital and financial markets are closed, self-contained, or self-sufficient units.
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