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Updated: May 20, 2025
For some reason this trade has greatly declined within the past five years, the stock becoming unsalable, and its production being interrupted. I would advise no person to contemplate moving to Virginia with a view to raising negroes for sale. The business was formerly conducted by the "First Families," and if it should be revived, they will doubtless claim an exclusive privilege.
Callahan stated, with rather grudging praise, that "a ticker at the present time would be considered as impracticable and unsalable if it were not provided with a unison device," and he goes on to remark: "The first unison on stock tickers was one used on the Laws printer.
Every time he put up something utterly unsalable, he would look over at me, nod, and say: "Thank you, John; did you say fifty cents?" or "Did I hear you say a dollar? A dollar dollar going, gone to our friend and patron, John Flutter, Jr.," and some of the lady managers would "make a note of it," and I was too everlastingly embarrassed to deny it.
Of this total yield, from 10 to 25 per cent. of the fruit should be such as, because of earliness and quality, can be sold as extras, and there is usually from 5 to 10 per cent., and sometimes a much larger per cent., which should be rejected as unsalable.
Much the largest portion of these lands will continue to be unsalable at the minimum price at which they are permitted to be sold so long as large territories of lands from which the more valuable portions have not been selected are annually brought into market by the Government.
Many millions of acres of these lands have been offered in the market for more than thirty years and larger quantities for more than ten or twenty years, and, being of an inferior quality, they must remain unsalable for an indefinite period unless the price at which they may be purchased shall be reduced.
Not that this sort of delicate mystification is reserved exclusively for foreigners. For we have detected in an altar-piece, borne away as a great prize by an Italian friend from a secluded little chapel attached to a noble villa in the vicinity of Florence, a worthless specimen of an old painter, from one of the secret depositories of the city, which had long been wholly unsalable on any terms.
It dammed up vast unsalable surpluses, helping to bring about unemployment and suffering in the United States and everywhere else. To point the way to break up that log-jam our Trade Agreements Act was passed based upon a policy of equality of treatment among nations and of mutually profitable arrangements of trade.
Not only would the two Senators lose their immense profits on the Altacoola transaction if Langdon persisted in his opposition, but they would lose as well the thousands of dollars spent by their agents in purchasing options on hundreds of acres, and where they could not get options, the land itself. This land would be on their hands, unsalable, if the base went somewhere else.
The State and city both denied much of their public debt; in fact, repudiated it; and real estate, which the year before had been first-class security, became utterly unsalable.
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