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Updated: July 8, 2025
What is the legitimate function of the Government in connection with reclamation districts to be financed entirely upon their own credits without the aid of national appropriations? I should say that the Government, with great advantage to the investor, the landowner, the future settler, and the general public, might do these things: 1.
Nevertheless, he managed to say with some effusion: "But I hope we are not too late NOW. I think my principals are quite ready and able to buy up any English or French investor now or to come." "Yo' might try yo' hand on that one," said Miss Sally, pointing to a young fellow who had just emerged from the office and was crossing the courtyard. "He's the English agent."
Peters felt that day about the wisdom of his investment, there before him lay that tangible return, that something that may be actually fingered and seen, which is so often denied to the investor in gold mines and other Selected Investments.
Burnside's refusal had been definite and final, and he had been the last to whom the investor had applied, merely because he was undoubtedly the most close-fisted man of business of all who had invested in the invention. Overholt saw failure before him at the very moment of success, with the not quite indifferent accompaniment of starvation.
Now it wouldn't be advisable for me to go in on this personally not openly, anyhow but I'll promise to see that you get some of the money you want. I like your idea of a central holding company, or pool, with you in charge as trustee, and I'm perfectly willing that you should manage it, for I think you can do it. Anyhow, that leaves me out, apparently, except as an Investor.
I have been interested as a fiscal agent and an investor in several gas companies that have been organized in Lake View, Hyde Park, and elsewhere outside the city limits, as you may possibly have seen by the papers lately. I am not their owner, in the sense that I have provided all or even a good part of the money invested in them. I am not even their manager, except in a very general way.
You do own an estate in Basilicata, at least your brother does these good people here would not be apt to discover the difference and the rest is a matter of plausibility. My little affair of gallantry grows embarrassing. Such affairs are so easy to inaugurate; extrication is more difficult. However, without it I should have failed to interest my investor and there is always the charm.
The great panic of 1857 had had a very depressing effect on business of every description and it was contended that the passage of this measure would give employment to thousands of people; that the rumbling of the locomotive would soon be heard in every corner of the state, and that the dealer in town lots and broad acres would again be able to complacently inform the newcomer the exact locality where a few dollars would soon bring to the investor returns unheard of by any ordinary methods of speculation.
Nearing seems to admit grudgingly that in a sense he thereby renders a service, but he complains because his imaginary investor expects without further exertion to get an income from the product of his past service. If he could not get an income from it, why should he save? And if he and millions of others did not save how could railways or factories be built?
They went to his counting-room and elsewhere, in search of him, to smite their hands into the hands of their far-seeing young champion. To add yet another strain, the two ladies, like frightened, rescued children, would cling to their deliverer. They wished him to become the custodian and investor of their wealth. Ah, woman! who is a tempter like thee?
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