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So it happened that more real estate buyers than clients came to the office of Ward and Barclay. But as the general that fall had been out of the office running for Congress on the Greeley ticket, still protesting against the crime of paying the soldiers in paper and the bondholders in gold, he did not miss the clients, and as John saw to it that there was enough law business to keep Mrs.
Mudge insisted to himself resolutely, "I'm not the man to be stumped by a few obstacles, I can't afford to be identified with failures and we'll put this thing through if S. B. Mudge goes broke trying." The stock and bondholders had something of the attitude of blasé spectators at a circus, regarding Mudge's sensational efforts calmly, without applause or protest.
He was ruined in every way, but a man possessed of passion is not a bankrupt in life. In this last phrase the Minister Plenipotentiary, cruelly humiliated by the bad faith of his Government towards the foreign bondholders, stands disclosed in the patriot. The fatuous turmoil of greedy factions succeeding the tyranny of Guzman Bento seemed to bring his desire to the very door of opportunity.
The Commission cannot do permanent good unless it does justice to the corporations precisely as it exacts justice from them. The public, the shippers, the stock and bondholders, and the employees, all have their rights, and none should be allowed unfair privileges at the expense of the others. Stock watering and swindling of any kind should of course not only be stopped but punished.
But just as in domestic politics the individual citizen is inclined to suspect too often with truth that the Government does not give impartial attention to the interests of all the citizens, but is preoccupied in protecting the interests of powerful and privileged persons or groups, so in foreign policy the individual citizen is particularly prone to believe that the time of the Foreign Office is taken up in furthering the interests of rich bondholders or powerful capitalists.
"The producers, the working-men, the women, the Negroes," The Revolution declared, "are destined to form a triple power that shall speedily wrest the sceptre of government from the non-producers, the land monopolists, the bondholders, and the politicians."
Fortunately for the bondholders, the road had just previously been completed, although much still remained to be done to put it in the condition originally designed. Here comes the rub and the cause of the whole difficulty. The company depended for its means of construction on the sale of its bonds, as so many companies before it had done.
In the lives of many successful men there are such incidents, which they do not care to have inquired into, turning-points that one slides over in the subsequent gilded biography, or, as it is called, the nickel-plated biography. The uncomfortable A. and B. bondholders had been settled with and silenced, after a fashion. In the end, Mrs.
The grievances of the British government were based on the following facts: non-settlement of claims of British bondholders; the murder of the British vice-consul at Tasco; the breaking into the British legation and the carrying off £152,000 in bonds belonging to British subjects, besides numerous other outrages committed on the persons and property of individuals.
The visiting Hollanders made a report to the bondholders, advising sale of the bonds at an average of about forty per cent of their face-value, which is what the inventory showed. Our Canadian friends secured an option which gave them time to turn. Farley, the Receiver, was willing. The road was reorganized as the Saint Paul, Minneapolis and Manitoba Railroad.
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