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Updated: May 3, 2025
"The water being pent up by enormous dams of vegetation, mixed with mud and half-decayed matter, forms a chain of lakes at slightly-varying levels. The sudden breaking of one dam would thus cause an impetuous rush of stream that might tear away miles of country, and entirely change the equilibrium of the floating masses. "April 11.
The papers, to his clerical inefficiency, presented a bewildering mass of inexplicable details and accounts. He brought them, with vast difficulty, into a rough order. In the lists of the acreages of timber controlled there were appended none of the names of those from whom his privilege of option had been obtained, no note of the slightly-varying sums paid the sole, paramount facts to Gordon now.
Quiet people continue to save part of their incomes in bad times as well as in good; indeed, of the two, people of slightly-varying and fixed incomes have better means of saving in bad times because prices are lower. Quiescent trade affords no new securities in which the new saving can be invested, and therefore there comes soon to be an excess of loanable capital.
In slightly-varying language, these two items embedded in so-called money articles reported the rumour that a charge of fraud had arisen in connection with the Rubber Consols corner, and that sensational disclosures were believed to be impending.
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