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Updated: August 7, 2024
He'll be looking and asking, 'Where away, brother Tony? 'Where's your banker's book, brother Tony? 'How's money-market, brother Tony? I can't see th' old farmer." It was impossible to avoid smiling: his imitation of the farmer's country style was exact.
The area of corn production was now small. Sicily was still perhaps beggared by its servile war, and the granary of Rome was practically to be found in Africa. The import of corn from this quarter, dependent as it was on the weather and controlled purely by considerations of the money-market, was probably fitful, and the price must have been subject to great variations.
Of course the deposits of bankers are not a strictly accurate measure of the resources of a Money Market. On the contrary, much more cash exists out of banks in France and Germany, and in all non-banking countries, than could be found in England or Scotland, where banking is developed. But that cash is not, so to speak, 'money-market money: it is not attainable.
The failures were not limited to the metropolis, but were accompanied by others of great extent in the provinces. At Manchester, Liverpool, and Glasgow large firms were obliged to suspend payments. This shock of credit arrested all the usual accommodation, and the pressure in the money-market, so terrible in the spring, was revived.
And the strangeness is that Katrine's hidden gift of old beads to a half-grown Irish boy, in the woods of North Carolina, should wreck a Metropolitan "first night," shake the money-market of two continents, and change the destinies of many lives. On the afternoon of the day upon which Frank said good-bye to Katrine he took the evening train North.
Often before, he had determined to confront Sandford and defy him; but as often he had quailed before that self-possessed and imperious man. What hope was there, then, for this timid, crouching man, as long as the hand of his haughty master was outstretched in command? None! The stringency of the money-market began to frighten even Mr. Sandford who had been predicting a panic.
In spite of certain rumours disseminated against him as against all the other chiefs of the Revolution, these pirates of the money-market did not believe he could be corrupted, but they did know him to be vain and credulous, and they hoped to win him over by flattery and still more by a condescending friendliness which they looked upon as the most seductive form of flattery from men like themselves.
Douce, who seemed to regard all things with a commercial eye, contrived, Vargrave hardly knew how, to veer round from the change in the French ministry to the state of the English money-market.
Douce, who seemed to regard all things with a commercial eye, contrived, Vargrave hardly knew how, to veer round from the change in the French ministry to the state of the English money-market.
Sheldon reading a paper, one of the eternal records of the eternal money-market. The stockbroker had been in and out of the house all day, now sauntering by the sea-shore, now leaning moodily, with folded arms, on the garden gate, meditative and silent as the cow that stared at Charlotte; now pacing the garden walks, with his hands in his pockets and his head bent.
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