The New York Stock Exchange; A Discussion Of The Business Done, Its Relation To Other Business, To…

Paperback | January 12, 2012

byH. S. Martin

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This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1919. Not illustrated. Excerpt: ... "In this age of the world, are we to shut our eyes to every teaching of the English speaking race? Are we to con- fess ourselves more ignorant than were our forefathers two hundred years ago? What Is the history of English commerce? What has enabled it to grow and prosper, carry on its wings the light of civilization and religion and truth, all over this world? What has done it, sir, but the energies of the great commercial bodies of the world, speaking through their chambers of commerce and their boards of trade?' Senator (now Chief Justice) White, United States Senate, 1892. Speculation was born when men Origin of first exchanged one desirable object Speculation for another--eatables for wearables, necessities for ornaments. As intercourse widened, and means of communication increased, the exchange of these commodities became the vocation of certain men--natural traders; gradually this class of men bought ahead and stored for future sales, or sold ahead and bought for future delivery; to do this they must possess exchangeables of equal or about equal value to the commodities thus bought or sold. These possessions, if of similar bulk Origin of to those to be traded in, would Money require much space for storage. As ornaments were more compact in form and represented greater skill to produce, they became standards of value; the metals of which they were made and the glittering shells or stones with which they were set also became standards; thus iron, copper, silver, gold and precious jewels became the money of trade. The acquirement of these forms of Organization wealth in amounts large enough of Business to carry on the business thus developing necessitated protection against marauders and the ability to readily handle this wealth. We, therefore, find a growth...

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This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1919. Not illustrated. Excerpt: ... "In this age of the world, are we to shut our eyes to every teaching of the English speaking race? Are we to con- fess ourselves more...

Format:PaperbackDimensions:72 pages, 9.69 × 7.44 × 0.15 inPublished:January 12, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217097197

ISBN - 13:9780217097192

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