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He had found a deserted lean-to, half way up the cañon, where he had arranged to camp while the work went on. As he thought of Chittenden and Allery Jones and the rest, cooped up there in the town, still anxiously watching the fluctuations of the stock-market, he was filled with compassion for them, and he determined to have them out now and then and give them a camp stew.
The last I heard of this agent was, that he was traveling with his wife upon the Rhine. Whether he was in search of machinery or not, I did not stop to inquire. Instead of the above being an extraordinary case, I understand that it is about a fair average of the California gold schemes that have been brought upon the stock-market of New York.
He dared not sell for fear of causing a financial collapse. Drew had taken away about seven million dollars of his money and an artificial stringency had been created in Wall Street by this exodus of most of its available cash. But Vanderbilt weathered the storm and, as his generally optimistic attitude inspired confidence, the sky began to clear. But this stock-market battle did not end the war.
There were regular daily stock-market reports in London newspapers in 1825, and New York soon followed the example. As far back as 1692, Houghton issued in London a weekly review of financial and commercial transactions, upon which Macaulay based the lively narrative of stock speculation in the seventeenth century, given in his famous history.
But Governor Wise no longer proposes to seize the Treasury at Washington, perhaps because Mr. Buchanan has left so little in it. The old Mumbo-Jumbo is occasionally paraded at the North, but, however many old women may be frightened, the pulse of the stock-market remains provokingly calm. General Cushing, infringing the patent-right of the late Mr.
Among a people of the same lineage and the same language, but yesterday contented under the same Constitution, and in an age when a victory in the stock-market is of more consequence than successes in the field, political and economical necessities may be safely reckoned on as slow, but effective, allies of the old order of things.
Then, by way, perhaps, of showing that he was not indifferent to all the good things which the occasion afforded, he said, indicating a picture on the opposite wall: "That is a fine piece of color." Williams, having discharged his obligations as a host, was willing to exchange the stock-market as a topic for his own capacity as a lightning appreciator and purchaser of objects of art.
She was too genuinely ignorant of the manipulations of the stock-market to understand his technical explanations, or even perhaps to perceive that certain points in them were slurred; the haziness enveloping the transaction served as a veil for her embarrassment, and through the general blur her hopes dilated like lamps in a fog.
The very nature of that system of gambling called stock-market or cotton or produce exchange speculation showed at once the sharply- defined disparities and discriminations in law. Common gambling, so-called, was a crime.
"Politics is politics. Eh?" he grunted. "It's a great game," returned the journalist. "Think up that 'call-me-Bob' business yourself?" "I got it from a reliable source." "Damn lie," remarked Poultney Masters equably. "Did the work, though. Banneker, why didn't you let me know you were in the market?" "In the stock-market? What has that "
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