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Updated: July 22, 2025
The money-market grows "tight," as it is phrased; the money-world feels generally as if it had taken an overdose of persimmons. Merchants and dealers, shorn of their usual accommodations, are compelled to borrow at ruinous usuries, or to fail to meet their payments. Their default involves others; others fail, and others again.
He hated this money-world, in which all that was worst in human beings was brought to the surface; he hated it, and wished that he had never set foot within its bounds. It was only by tramping until he was too tired to feel anything that he was able to master himself. And then, toward dark, he came back, and found a telegram which had been forwarded from New York.
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