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In fact, the two good runs ought to have made the disappointing balance sheet he must shortly submit to the shareholders look a little better. All the same, there was no use in meeting trouble. Davies had passed Quebec, and if he made good progress in the next twenty-four hours, one might begin to hope.
The object of the owners was to put an end to strikes, which had sometimes placed them in peril of their lives, and also to enable them to live on better terms with their workpeople. The colliers were invited to become shareholders, and thus to take a personal interest in the prosperity of the concern. The project was received with great favour by the friends of co-operation. Mr.
After inspecting Wherry Mine the two friends walked along the shore together, and Oliver explained the nature of the difficulties in which his uncle was involved. "The fact is, Charlie," he said, "an old fish-purchaser of Newlyn named Hitchin is one of the principal shareholders in this concern.
Walker had determined to make his fortune. And what is easier in London? Is not the share-market open to all? Do not Spanish and Columbian bonds rise and fall? For what are companies invented, but to place thousands in the pockets of shareholders and directors?
It is a paying concern, and consequently the shareholders admire it unreservedly in the rest of mankind, this feeling is tinctured with a strong dose of envy. One dines early in Gafsa, and afterwards there is nothing, absolutely nothing, to do.
If the public would claim moderately, and juries would judge fairly, an' directors would fight less, shareholders would git higher dividends, the public would be better served, and railway servants would be less worked and better paid."
Wharton discovered, partly to his own amazement, for he was a man who quickly forgot, that during his directorate he had devised or sanctioned matters that were not at all likely to commend themselves to the shareholders, supposing the past were really sifted.
So that during that day and the next, Bennett went about contradicting, championing, explaining; while Wharton, laden with parliamentary business, vivid, unabashed, and resourceful, let it be known to all whom it concerned that in his solicitor's opinion he had a triumphant answer to all charges; and that meanwhile no one could wonder at the soreness of those poor devils of shareholders.
Besides, I reserve the right of divulging Herzog's fraud without implicating Panine, if the shareholders insist. Trust me, I will catch Herzog another time. It is my stupid confidence in that man which has been partly the cause of this disaster. I will make your business mine and force him to shell out. I shall leave for London to-night, by the 1.50 train.
The German knew what opinion he was held in by the public, and that without the prestige of Cayrol's name, and behind that, the house of Desvarennes, he would never have been able to float the European Credit as it had been. He was too cunning not to know this, and Cayrol having declined to join him, he looked round in search of a suitable person to inspire the shareholders with confidence.
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