"Money market" Quotes from Famous Books
 ... lend and wants to earn interest on it. Nevertheless there is something in this relationship which seems to produce discord. It is not many years since the Australian newspapers used to talk of England as John Bull Cohen, implying that the English money market made more than it ought to do by developing, with the help of its financial resources, the production and commerce of the young countries of the world. Perhaps it is human to feel a grudge against a creditor, because the money has ...
— The Unity of Civilization • Various
... government, and charged, in effect, with one of its most distinctive functions, that of supplying a medium of exchange—are loaned to speculators; that is, to men who subsist largely on artificial disturbances of credit, upon corners in the stock market and money market, upon alternations of inflation and stringency, the ups and downs of a disordered constitution. Without going into the matter closely, which is aside from my present purpose, I leave before the reader the main facts of the case: that the system ...
— The Arena - Volume 4, No. 22, September, 1891 • Various
... the N.S.W. Government found their system of State Socialism so expensive that the Treasury began to rapidly empty. The war, with its upsetting of the British money market, stopped the usual method of loan-raising, but some smart English capitalists, more experienced in finance than the average labor politician, offered to take over the public works of New South Wales if they were paid 10 ...
— The Sequel - What the Great War will mean to Australia • George A. Taylor
... or Argentine countess? Or have these plutocrats of the great republic some special distinguishing titles, such as "Silver King," "Railway Prince," etc., and was this exotic countess the daughter of some such lord of the money market? At any rate, I had to obey her polite commands, so, throwing away my cigar, I bowed to Mr. Dumany and followed the lead of ...
— Dr. Dumany's Wife • Mr Jkai
... amortization of the entire State debt demand. The war, which, according to the French conception, was destined to bring about the financial and commercial ruin of Germany, has brought forth the astonishing result that the famous French money market was the first to fail in this crisis. As early as July 25, before the rejection of the Austrian ultimatum by Servia had been made known, the offer of 3 per cent. redeemable French notes to the ...
— New York Times Current History: The European War from the Beginning to March 1915, Vol 1, No. 2 - Who Began the War, and Why? • Various
... list of the Journal of Negro History does not show a large increase for the reason that it became necessary more than a year ago to raise the fee from one to two dollars a year and the current stringency in the money market has borne so heavily upon teachers, and students to whom this publication must appeal, that they have been unable to give it more liberal support. Among the subscribers and members, however, there has been manifested ...
— The Journal of Negro History, Volume 7, 1922 • Various
... I cannot depend on them for assistance, for two reasons: first, because from the disordered state of the money market in New Orleans, they are almost as badly off as she is; and second, I am quite certain that Eva would rather starve than ask ...
— The Trials of the Soldier's Wife - A Tale of the Second American Revolution • Alex St. Clair Abrams
... considerations which point out the present as the most auspicious moment for attaining the object in view. The profound peace with which Europe and the whole civilized world is now blessed, the abundance of capital in the money market, the present low rate of interest, and the difficulty of finding investments, are all favorable to the raising of the necessary funds; the immense strides which science has made in overcoming natural ...
— A Succinct View of the Importance and Practicability of Forming a Ship Canal across the Isthmus of Panama • H. R. Hill
... rate of interest, sufficient to enable the money market to absorb the whole of the paper-loans, may not be sufficient to reduce the profits of a lender who lends what costs him nothing, to the ordinary rate of profit upon his capital. Here, therefore, competition will operate chiefly by ...
— Essays on some unsettled Questions of Political Economy • John Stuart Mill
... false news of Wellington's defeat would reach London to-morrow, as it had already reached Paris and Brussels. The panic in the money market was a foregone conclusion: the quick rise in prices when the truth became known was equally certain. It only meant forestalling the arrival of Wellington's despatches in London by four and twenty hours, and one million would make ...
— The Bronze Eagle - A Story of the Hundred Days • Emmuska Orczy, Baroness Orczy
... fluttered away like the pretty butterfly that she was, leaving Constance to wonder at the natural gravitation of plungers in the money market toward plungers in ...
— Constance Dunlap • Arthur B. Reeve
... share. With the money he made in this way, he speculated in South African shares, and, as the boom was then on, he simply coined gold. Everything he touched turned into cash, and however deeply he plunged into the money market, he always came out top in the end. By turning over his money and re-investing it, and by fresh speculations, he became a millionaire in a wonderfully short space of time. Then he made me his secretary and afterwards ...
— Red Money • Fergus Hume
... months have been remarkable for the panic in the money market, which lasted for a week or ten days—that is, was at its height for that time. The causes of it had been brewing for some months before, and he must be a sanguine and sagacious politician who shall predict the termination of its effects. There is now no ...
— The Greville Memoirs - A Journal of the Reigns of King George IV and King William - IV, Volume 1 (of 3) • Charles C. F. Greville
... blow amongst the rest, and, indeed, more than in proportion; for, as there is no course of exchange with any town in America, and as the credits there are long, the exportation to that country suffers in a particular manner when there is any heaviness in the money market here. Thus it was that, in 1772, the American exports suffered a diminution of two millions from the stagnation; and, in 1793, of rather more than half a million. In the former case, the American trade seems alone almost to have suffered, and, even in ...
— An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. • William Playfair
... speak of the power that resides in a bow and arrow, we refer to a truth of General Economics and one which illustrates the inherent power of capital, though we may be far from thinking of lenders and borrowers in a modern "money market" or of dealings of any one class of men with ...
— Essentials of Economic Theory - As Applied to Modern Problems of Industry and Public Policy • John Bates Clark
... to it, forced from them harder work and more dogged perseverance. Political economists and statisticians were drawn into excitement by their knowledge of figures. They extolled the sudden crisis in the money market, the easy returns, the great development of consumption in goods. They quoted triumphantly the amount of importations, the great increase in silk, artistic furniture, glass, jewelry, valuable wines, spices, liqueurs, was called a splendid development of trade; wonderful ...
— The Malady of the Century • Max Nordau
... kingdom, who had among them a capital of L122,160, the members of the said societies numbering 33,520, giving an average lending capital of L3 12s. 10-1/2d. each. That is certainly not a very large sum to invest in the money market, and it is to be hoped that the score or two of local societies can show better funds. What the profits of this business are frequently appear in the reports taken at Police Courts and County Courts, where Mr. Cent.-per-Cent. now and then bashfully acknowledges that ...
— Showell's Dictionary of Birmingham - A History And Guide Arranged Alphabetically • Thomas T. Harman and Walter Showell
... home, the means to complete the work were reasonably anticipated. In the Directors' Report of 1854, they were obliged to announce unlooked for embarrassments, growing out of the altered condition of the money market. The story of the seemingly hopeless, but finally successful, struggle that followed is told in another part of this work. At length, in 1857, after five or six years of persevering efforts, and most perplexing difficulties, the road was ...
— Cleveland Past and Present - Its Representative Men, etc. • Maurice Joblin
... basis is being removed by the rapid payment of the public debt; (5) the merits of the Independent Treasury System by which it is claimed that money is kept out of circulation and a stringency caused in the money market; and (6) the advisability of transferring the revenue marine service ...
— Government and Administration of the United States • Westel W. Willoughby and William F. Willoughby
... seemed probable to him that this man, knowing of this gold mine, perhaps being owner of it, had come north to determine its value and the advisability of opening it for operation in the spring. In these days, when the money market of the world was gold hungry, that glittering, yellow metal was of vast importance, especially to the warring factions of Russia. Surely, this seemed a plausible explanation. And if it was true then he could hurry on up the coast, ...
— Triple Spies • Roy J. Snell
... Dyke, of San Diego, has written of this episode: "The money market tightened almost on the instant. From every quarter of the land the drain of money outward had been enormous, and had been balanced only by the immense amount constantly coming in. Almost from the day this inflow ceased money seemed scarce everywhere, for the outgo ...
— California and the Californians • David Starr Jordan
... England, and to this must be added the greater strength of nerves produced by greater hopefulness. In spite of the enormous abundance of British capital and the rashness of the owners in making investments, there hangs over the London money market a timidity and doubtfulness about the future which is unknown on this side of the water, and which very slight accidents develop ...
— Reflections and Comments 1865-1895 • Edwin Lawrence Godkin
... and other "free traders" who opened up stores and bartered for furs with the Indians. In any case in one form or other all the trade of the country practically came, in the last analysis, through the Hudson's Bay Company, who controlled the money market by having their own bills in circulation. But the wise old Company saw what was coming and began to get ready to let go its monopolistic fur-trading charter and adjust itself to the ...
— Policing the Plains - Being the Real-Life Record of the Famous North-West Mounted Police • R.G. MacBeth
... Throughout the occupied area Turkish currency also circulated, but the native invariably preferred to be paid in Indian. Curiously enough, even on entering towns like Tauq, we found the inhabitants eager for payment in rupees. I was told that in the money market in Baghdad a British advance would be heralded by a slump in Turkish exchange. Paper rupees were almost everywhere as readily accepted as silver, but paper liras and piasters were soon of so little value that they ...
— War in the Garden of Eden • Kermit Roosevelt
... Steve is one of those good-hearted gulls who's a blame slob on the money market, and he's gone under to the extent of Aunt Laura's and Louise's spondulix, ...
— Her Own Way - A Play in Four Acts • Clyde Fitch |
