On Average Investment Trusts And Companies Dealing With Stock Exchange Securitie
On Average Investment Trusts And Companies Dealing With Stock Exchange Securitie
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In our eReader you can find the full English version of the book. Read On Average Investment Trusts And Companies Dealing With Stock Exchange Securitie Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book On Average Investment Trusts And Companies Dealing With Stock Exchange Securitie
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To quickly assess the difficulty of the text, read a short excerpt:
Too many of them, unfortunately, can hardly help themselves. Belonging to a class which ought not to have meddled with doubtful Securities, and having been tempted by the desire for income, any offer of something in the shape of income is irresistible to them. Thus a compromise which is recommended actively or passively by any species of authority, is readily accepted by the mass of bond- holders ; and the few who might be justified in taking the risk of lending to a country like Spain, and who... could afford to wait and deal vigorously with their debtor, are overruled. " (iii) . — " Such is the first lesson from the history narrated ; but the second lesson — the little reliance to be placed on the special agencies created to protect the bondholders^ interests, and the danger that these agencies may be converted, unless great care is taken, into a new cause of loss — is also a most important one. The Council of Foreign Bondholders, has undoubtedly on more than one occasion done good service to its constituents.
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To quickly assess the difficulty of the text, read a short excerpt:
Too many of them, unfortunately, can hardly help themselves. Belonging to a class which ought not to have meddled with doubtful Securities, and having been tempted by the desire for income, any offer of something in the shape of income is irresistible to them. Thus a compromise which is recommended actively or passively by any species of authority, is readily accepted by the mass of bond- holders ; and the few who might be justified in taking the risk of lending to a country like Spain, and who... could afford to wait and deal vigorously with their debtor, are overruled. " (iii) . — " Such is the first lesson from the history narrated ; but the second lesson — the little reliance to be placed on the special agencies created to protect the bondholders^ interests, and the danger that these agencies may be converted, unless great care is taken, into a new cause of loss — is also a most important one. The Council of Foreign Bondholders, has undoubtedly on more than one occasion done good service to its constituents.
What to read after On Average Investment Trusts And Companies Dealing With Stock Exchange Securitie?
You can find similar books in the "Read Also" column, or choose other free books by Arthur Scratchley to read onlineMoreLess
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