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Updated: September 28, 2025
They're not investors in the ordinary sense. They're people who look on this gas business as their private business. They started it. They like it. They built the gas-tanks and laid the mains. It won't be easy."
I had sent out my daily letter to investors, and its tone of confidence was genuine I knew that hundreds of customers of a better class would soon be flocking in to take the places of those I had been compelled to teach a lesson in the vicissitudes of gambling. With a light heart and the physical feeling of a football player in training, I sped toward home. Home!
Prices in this country are never put up except when some kind of scarcity increases the cost of production. Besides, nearly all the consumers are a part of the trusts, the stock of which is about the best kind of property for investment." "What!" I cried, "do not the managers so manipulate the stock by 'watering' it and otherwise as to fool and cheat the small investors?"
When much of the money so raised had been dissipated, when Continent's quotation on the curb sank to an infinitesimal fraction, then it developed that Stella's contract was with Manton personally. Manton Pictures, Incorporated, was formed to exploit her. The stock of this company was not offered to outside investors.
Shall we all become investors, speculators, or workers toiling our way to a new period of security, cheapness and low interest, a restoration of the park, the enclosure, the gold standard and the big automobile, with only this difference that the minimum wage will be somewhere about two pounds, and that a five-pound note will purchase about as much as a couple of guineas would do in 1913?
It was a practical application of these business principles and chiefly in the interest of the employers, manufacturers, investors, and shippers, that the State decided, as a first step, to take 20 per cent of all the increase in land values from the present date and to levy an annual tax of one fifth of one per cent on all land held for speculation, i.e. used neither for agricultural nor for industrial nor building purposes.
King wasn't selling corner lots in heaven, but he was selling stock in a Texas company that was the next thing to it, so far as tangibility is concerned. It was only when he actually took from investors money sent to him to buy real stocks, and pocketed it, that he was put in jail.
A modern man of business might believe that Bishop Heber of Calcutta wove into irresistible verse a tremendous advertisement for Ceylon real estate, but repelled investors by a sweeping castigation of mankind, when he wrote: What though the spicy breezes Blow soft o'er Ceylon's isle; Though every prospect pleases, And only man is vile.
"Such publication can be twisted to injure honest investors. It can be used politically by a man's enemies. Stewart, I am heavily interested financially in Daunt's syndicate, because I believe in developing our grand old state. I bring this personal matter to your attention so that you may see how this general windmill-tilting is going to affect your friends." "I'm for our state, too, sir!
From their first realization of the swindle Tom and Harry, even in the face of threats of assured death, held out for an honest course. How they struggled to save a syndicate of American investors from being swindled out of millions of dollars was splendidly told in that fourth volume. And now we find our young friends down at the gulf coast town of Blixton, Alabama.
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