The Stock Exchange from Within E-Book

W. C. van Antwerp

• Herausgeber: iOnlineShopping.com
• Kategorie: Fachliteratur
• Sprache: Englisch
• Veröffentlichungsjahr: 2019

Beschreibung

In so far as these pages reflect the thoughts of a busy stockbroker, distracted by many duties and lacking in literary skill, they have but little merit and the writer entertains no illusions regarding them. But in the many quotations from the writings of the world’s foremost economists that are here presented, and in the various legal and historical precedents cited, perhaps it is not too much to hope that this book possesses some slight value as a contribution to the vexed and vexing discussion of the Stock Exchange, and that it may serve in some degree both to dull the sharp edge of uninformed criticism and to strengthen the hands and hearts of loyal friends of a greatly misunderstood institution. The public is asked to disregard the utterances of demagogues and self-seekers and to consider facts. That done, the American spirit of fair play may be confidently relied upon.

The Stock Exchange authorities have had no hand in the preparation of the work, nor does it bear their endorsement. I say this lest it be thought an official apologia. Had it been such, the work would have been much more skillfully done, and its value greatly enhanced.

Contents
The functions of the Stock Exchange -- The uses and abuses of speculation -- The bear and short selling -- The relationship between the banks and the Stock Exchange -- Publicity in exchange affairs; cautions and precautions -- Panics, and the crisis of 1907 -- A brief history of legislative attempts to restrain or suppress speculation -- The day on 'Change, with suggestions for beginners -- The London Stock Exchange, and comparisons with its New York prototype -- The Paris Bourse; a monopoly under government -- Appendix: the report of the Hughes Commission.