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Updated: June 19, 2025
Each colony is now governed by an elective council of inhabitants, with committees for education, police, and the arbitration of disputes, and they have organised co-operative unions which make them independent of middlemen in the disposal of their produce.
If bankers were merely a class of middlemen between the lender and the borrower; if they merely received deposits of capital from those who had it lying unemployed in their hands, and lent this, together with their own capital, to the productive classes, receiving interest for it, and paying interest in their turn to those who had placed capital in their hands; the effect of the operations of banking on the rate of interest would be to lower it in some slight degree.
At this period the Dutch, "the waggoners of the sea," possessed, as middlemen, a large interest in the spice trade, for the Portuguese, having no direct access to the markets of northern Europe, had made a practise of sending their Eastern merchandise to the Netherlands in Dutch bottoms for distribution by way of the Rhine and the Scheldt.
Big factories were increasing in size and numbers, while cottage industries were disappearing or falling under the power of middlemen, and the Artels had not advanced a step in their expected development. The factory workers, though all of peasant origin, were losing their connection with their native villages and abandoning their allotments of the Communal land.
Many of the principal landowners were absentees, and though the rents themselves do not seem as a rule to have been high, the middlemen, by whom the land was commonly taken, ground the wretched peasants under them to powder with their exactions. While everything else was thus steadily shrinking, the pension list was swelling until it stood not far short of £100,000.
As Tolstoi's writings contain so many idioms it is not an easy task to render them into intelligible English, and the one who successfully accomplishes this must be a native of Russia, commanding the English and Russian languages with equal fluency. The story of "Ivan the Fool" portrays Tolstoi's communistic ideas, involving the abolition of military forces, middlemen, despotism, and money.
Her best way is to avail herself of the services of the Dutch as middlemen in trade, and to lose no time in furnishing herself with powerful men-of-war and with sailors and gunners capable of navigating and fighting these vessels. -In short, the wisest plan is to make a show of commerce and intercourse, and thus gain time to equip the country with a knowledge of naval architecture and warfare.
For, while the system of collecting taxes by middlemen, and especially by general lessees, is in itself the most expensive of all, in Rome effective competition was rendered extremely difficult in consequence of the slight extent to which the lettings were subdivided and the immense association of capital. Requisitions
With these species of middlemen we are not now concerned, except to say that their work, which is that of distribution, i.e. the more convenient disposal of forms of material wealth, may be equally important with the work of the farmer, the fisherman, or the market-gardener, though the latter produce changes in the shape and appearance of the goods, while the former do not.
But the direct taxes consisted either, as in most provinces, of fixed sums of money payable by the communities which of itself excluded the intervention of Roman capitalists or, as in Sicily and Sardinia, of a ground-tenth, the levying of which for each particular community was leased in the provinces themselves, so that wealthy provincials regularly, and the tributary communities themselves very frequently, farmed the tenth of their districts and thereby kept at a distance the dangerous Roman middlemen.
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