Men and Mysteries of Wall Street (Classic Reprint) - Softcover
Excerpt from Men and Mysteries of Wall Street
Cent British consols or United States 5-20s. Commo dore Vanderbilt can convert the bulk of his vast prop erty into money in a day. There is no similar market ready to perform a like service for William B. Astor. The Spragues of Rhode Island are slaves to their fac tories. The heavy cattle-raisers of Texas, the great far mers of California and Illinois, the mill-owners of New England, are not merely subject to fluctuations in the prices of their products, they are the veriest victims of circumstance whenever they attempt to turn their prop erty into coin, or the equivalents of coin. Daniel Drew, the drover, had come to comprehend this serfdom very thoroughly before he took up his quarters at the Bull Head Tavern and mastered the subtleties of Erie specu lation. Up and down the human gamut it is everywhere the same, even to the affairs of the most modest of capital ists. The clergyman whose ten years' faithful ministry has resulted in the painful saving of a thousand dollars is very much at the mercy of his parish if his money is in land, and quite his own master if it be locked up in bonds or shares, merchantable at once in the great city which lies an hour's distance from his village. The tradesman in extremity is keenly aware of the advantage of collaterals over mortgage. Gloucester fishermen know the difference between sloops in the Bay of Fundy and a package of Boston and Maine R. R. Stock stowed away in a bank-vault.
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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Cent British consols or United States 5-20s. Commo dore Vanderbilt can convert the bulk of his vast prop erty into money in a day. There is no similar market ready to perform a like service for William B. Astor. The Spragues of Rhode Island are slaves to their fac tories. The heavy cattle-raisers of Texas, the great far mers of California and Illinois, the mill-owners of New England, are not merely subject to fluctuations in the prices of their products, they are the veriest victims of circumstance whenever they attempt to turn their prop erty into coin, or the equivalents of coin. Daniel Drew, the drover, had come to comprehend this serfdom very thoroughly before he took up his quarters at the Bull Head Tavern and mastered the subtleties of Erie specu lation. Up and down the human gamut it is everywhere the same, even to the affairs of the most modest of capital ists. The clergyman whose ten years' faithful ministry has resulted in the painful saving of a thousand dollars is very much at the mercy of his parish if his money is in land, and quite his own master if it be locked up in bonds or shares, merchantable at once in the great city which lies an hour's distance from his village. The tradesman in extremity is keenly aware of the advantage of collaterals over mortgage. Gloucester fishermen know the difference between sloops in the Bay of Fundy and a package of Boston and Maine R. R. Stock stowed away in a bank-vault.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"synopsis" may belong to another edition of this title.
From the Back Cover:
Now it can be told! The secrets and insider knowledge of high finance--as the industry stood in 1878--are all revealed here in this curious and now entirely historical work of post-Civil War financial journalism.
Discover... * how the New York Stock Exchange operated before the telephone! * what kept the "machinery of speculation" greased * the scheming of 19th-century stockbrokers * the "habits and humors" of the Street at the time * and more!
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- PublisherForgotten Books
- Publication date2018
- ISBN 10 133033101X
- ISBN 13 9781330331019
- BindingPaperback
- Number of pages366
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Men and Mysteries of Wall Street (Classic Reprint)
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ISBN 13: 9781330331019
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Book Description Paperback. Condition: New. Print on Demand. Excerpt from Men and Mysteries of Wall Street. About the Publisher, Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Seller Inventory # 9781330331019_0
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