Wall street and the country, a study of recent financial tendencies

Charles A. (Charles Arthur) Conant

Sujets

• Trust company
• Stock exchange
• China
• Trust
• United States
• Commerce
• Economic history

Informations

• Publié par: les_archives_du_savoir
• Nombre de lectures: 10
• Langue: English
• Poids de l'ouvrage: 10 Mo

Extrait

LIBRARY
OF THE
UNIVERSITY OF CALIFORNIA.
ClotsBY CHARLES A. CONANT
A of Modern Banks of IssueHistory
With an Account of the Economic Crises of
the Present Century
Second Edition. 8vo. $3.00.
Wall Street and the Country
A of Recent Financial TendenciesStudy
i2mo. $
G. P. PUTNAM'S SONS
NEW YORK LONDONWall Street
and
The Country
A of Recent Financial TendenciesStudy
By
Charles ConantA.
"Author of A of Modern Banks of etc,Issue,"History
G. P. Putnam's Sons
New York and London
Gbe ftntcherbocber press
1904COPYRIGHT. 1904
BY
CONANTCHARLES A.
Published, 1904July,
HewUbe Knickerbocker press,PREFACE
contained in this volumeTHE essays
for ofwere written the purpose setting
of theforth the magnitude problems
the modern topresented by tendency
and ofcapitalization removing misappre-
hensions on the which seem tosubject
mindshave obtained a in thelodgment
Inof a certain of the public.portion
whosea like the United States,country
the ad-has beenphenomenal expansion
miration and of competent foreignenvy
that thisit has been inevitableobservers,
should create serious new prob-expansion
lems and newrequire many experiments
in to the of the
regard organization
ofthemarket,money powers corpora-
and the of the latter torelationstions,
the State.
There is little reason to doubt that in
bethe run these willlong problems
theirsolved the American withby people
iiiiv Preface
usual and sense. It is tosobriety good
be that a ofhowever,regretted, degree
has been into theirpassion imported
discussion which tends to hinder such a
solution rather than to hasten it. Many
of evenorgans public opinion, among
those which have been credited with con-
servatism and sound economic haveviews,
been a current ofswept along upon
in favor of the exten-popular agitation
sion of the of the State in a man-power
ner radical in itself and far beyond any
exercise of it sanctioned ex-previous by
or American ideals.perience by political
The denunciation of the stock exchange,
one of the most functions ofnecessary
modern and the abuse ofindustry, large
interests have become undis-corporate
inand even whereextreme,criminating
the minds of those who have made them
limitations and reservations un-many
existed. Thesedoubtedly expressions
have tended to stimulate a ofdegree
which militatespopular prejudice against
a solution of our new na-dispassionate
tional problems.