Young America in Wall-Street |
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Page vii
... panic of 1857 must be more terrific than anything be- fore ! Why ? Because the application of high pressure to machinery had been paralleled by a high pressure to finance . The moral world has shared the impetus of the physical ; and ...
... panic of 1857 must be more terrific than anything be- fore ! Why ? Because the application of high pressure to machinery had been paralleled by a high pressure to finance . The moral world has shared the impetus of the physical ; and ...
Page viii
... , say they have never seen such times . Indeed ! what a remark- able discovery ! How , for a moment , can an intelligent man compare this panic with that of 1837 ? Our com- merce was then in a nutshell , now it covers viii INTRODUCTION .
... , say they have never seen such times . Indeed ! what a remark- able discovery ! How , for a moment , can an intelligent man compare this panic with that of 1837 ? Our com- merce was then in a nutshell , now it covers viii INTRODUCTION .
Page 17
... Panic comes round every ten years - Bank of England less Bullion than before discovery of Australian and California Mines - Rate of Interest - Two and a half to seven per cent . - Bank of France as strong as Bank of Eng- land - Why a ...
... Panic comes round every ten years - Bank of England less Bullion than before discovery of Australian and California Mines - Rate of Interest - Two and a half to seven per cent . - Bank of France as strong as Bank of Eng- land - Why a ...
Page 21
... panic of 1825-27 was in your day , and 1 was too young to remember even '37 , when the credit of London itself was shaken to its centre , bringing down the W's and making the B.'s tremble . But ten years after I was in the counting ...
... panic of 1825-27 was in your day , and 1 was too young to remember even '37 , when the credit of London itself was shaken to its centre , bringing down the W's and making the B.'s tremble . But ten years after I was in the counting ...
Page 25
... panic , if she can , and return to England . In my letters from China and India , at the com- mencement of the year , which you did me the honor to edit and publish , I alluded to the fact , that the importation of opium into China ...
... panic , if she can , and return to England . In my letters from China and India , at the com- mencement of the year , which you did me the honor to edit and publish , I alluded to the fact , that the importation of opium into China ...
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Common terms and phrases
American amount army Australia Austria bales Bank of England Bank of France bankers battle of Plassey better bills Boston Bourse Branch British bullion Calcutta capital Cawnpore cent China clipper cloth commerce Company cotton Crédit Mobilier crisis crop debt Delhi dividends East Edition Emperor English Europe European exports fall five foreign forty French George Francis Train give gold Government hard cash hard currency hundred millions hundred thousand imports India joint-stock Kites labor land loan London look Lord Lord Palmerston merchants miles million dollars mind money market months mutiny Napoleon National Bank never New-York notes paid palace panic paper Paris passed Pereire port Post 8vo RAILWAY MANIA railways Russia Sepoy ships silver soldiers South specie speculation steam tion to-day tons Total Trieste United vols Young America
Popular passages
Page 117 - While stands the Coliseum, Rome shall stand; 'When falls the Coliseum, Rome shall fall; 'And when Rome falls — the World.
Page 342 - Englishman, pouring his medicine, which has paid 7 per cent., into a spoon that has paid 15 per cent.,— flings himself back upon his chintz bed, which has paid 22 per cent., — and expires in the arms of an apothecary who has paid a license of a hundred pounds for the privilege of putting him to death. His whole property is then immediately taxed from 2 to 10 per cent. Besides the probate, large fees are demanded for burying him in the chancel ; his virtues are handed down to posterity on taxed...
Page 342 - TAXES upon every article which enters into the mouth, or covers the back, or is placed under the foot — taxes upon...
Page 298 - In the four quarters of the globe, who reads an American book? or goes to an American play? or looks at an American picture or statue? What does the world yet owe to American physicians or surgeons? What new substances have their chemists discovered? or what old ones have they analyzed ? What new constellations have been discovered by the telescopes of Americans? — what have they done in the mathematics? Who drinks out of American glasses ? or eats from American plates ? or wears 514 The People...
Page 10 - MEDICAL. UMAN Physiology, Statical and Dynamical; by Dr. Draper. 300 Illustrations. 8vo. 25s. A Treatise on the Practice of Medicine ; by Dr. George B. Wood. Fourth Edition. 2 vols. 36s. A Treatise on Fractures, by JF Malgaigne, Chirurgien de 1'Hopital Saint Louis, Translated, with Notes and Additions, by John H.
Page 10 - Principles and Practice of Dental Surgery ; by CA Harris. 6th Edition. 8vo. 24s. Chemical and Pharmaceutical Manipulations ; by C. and C.
Page 342 - ... that comes from abroad, or is grown at home — taxes on the raw material — taxes on every fresh value that is added to it by the industry of man — taxes on the sauce which pampers man's appetite, and the drug that restores him to health — on the ermine which decorates the judge, and the rope which bangs the criminal — on the poor man's salt, and the rich man's spice— on the brass nails of the coffin, and the ribbons of the bride — at bed or board, couchant or levant, we must pay.
Page 343 - Besides the probate, large fees are demanded for burying him in the chancel; his virtues are handed down to posterity on taxed marble ; and he is then gathered to his fathers, to be taxed no more. In addition to all this, the habit of dealing with large sums will make the government avaricious and profuse; and the system itself will infallibly generate the base vermin of spies and informers, and a still more pestilent race of political tools and retainers of the meanest and most odious...
Page 342 - Taxes on everything on earth, and the waters under the earth ; on everything that comes from abroad, or is grown at home. Taxes on the raw material ; taxes on every fresh value that is added to it by the industry of man. Taxes on the sauce which pampers man's appetite, and the drug that restores him to health ; on the ermine which decorates the judge, and the rope which hangs the criminal ; on the poor man's salt, and the rich man's spice; on the brass nails of the coffin, and the ribands of the...
Page 8 - The Miner's Sons ; Martin Luther and Henry Martyn, by the same Author. 12mo. Is. Faith in Earnest ; by the same Author. Fcp. 8vo. cloth. Is.