Browsing Revolt Library By Tag : stock-jobbers

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These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)


This is the day of small things. Let us be glad that an audience of London workmen decline to listen to a lecture from the chief commissioner of police, even when that pious bully proposes, with the aid of dissolving views, to discourse on Palestine at an entertainment "for the benefit of the working classes." The row at the Oxford, and even the "conversatione" in Trafalgar Square, are symptoms of a certain amount of vital energy in a handful of Londoners; and anything is better than lying prone in the dust for tyrants to trample us. If we raise our little finger it is at least a sign of life, and who can say when the whole body may follow. It seems as though the Boulanger craze would die a natural death, despite all the stock-jobbers of th... (From : AnarchyArchives.)

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