Our Financial Upheavals, Their Cause and Cure (Classic Reprint)

Excerpt from Our Financial Upheavals, Their Cause and Cure It is not to be denied that the railroad pioneer who went into the wilderness and risked his capital and business reputation in its commercial development played an important part in the building up of the country, and that in proportion to his risks he was entitled to a larger profit than the man who stayed at home and took no risk whatever. Not only had the pioneer his uses - he was even necessary to the proper and timely development of this country, and those who underrate what he did, or wish to see him expelled from our financial system, have not, it is safe to say, sufficiently studied the subject. 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.