A Primer of Scientific Investment
A Primer of Scientific Investment
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In our eReader you can find the full English version of the book. Read A Primer of Scientific Investment 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 A Primer of Scientific Investment
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To quickly assess the difficulty of the text, read a short excerpt:
9. Gas Companies.
10. Electric Light Companies.
11. Electric Light and Power Companies.
12. Tramway Companies.
13. Telephone and Telegraph Companies.
14. Banking Companies.
15. Land Companies.
16. Shipping Companies.
17. Commercial and Industrial Companies.
GOVERNMENT, STATE AND CORPORATION LOANS.
In Classes I and 2 we have certificates of indebtedness, the payment of interest on which, and the repayment of the capital of which (except in those few cases such as Consols, French Rentes, etc. , w...hich are either perpetual or only redeemable at the option of the borrower) are uncondition- ally guaranteed by the State, province or town, as the case . May be.
In some instances certain assets and revenues are specially hypothecated as security for such loans, but as one has really to do with a moral obligation on the part of a Government or a city, it is evident that in appraising the degree of security offered by loans of this nature, the history and character of both Governments and people must be taken into account, so that there is room for a wide divergence in quality among the various loans in these three classes.
What to read after A Primer of Scientific Investment?
You can find similar books in the "Read Also" column, or choose other free books by Albert Emil Davies to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
9. Gas Companies.
10. Electric Light Companies.
11. Electric Light and Power Companies.
12. Tramway Companies.
13. Telephone and Telegraph Companies.
14. Banking Companies.
15. Land Companies.
16. Shipping Companies.
17. Commercial and Industrial Companies.
GOVERNMENT, STATE AND CORPORATION LOANS.
In Classes I and 2 we have certificates of indebtedness, the payment of interest on which, and the repayment of the capital of which (except in those few cases such as Consols, French Rentes, etc. , w...hich are either perpetual or only redeemable at the option of the borrower) are uncondition- ally guaranteed by the State, province or town, as the case . May be.
In some instances certain assets and revenues are specially hypothecated as security for such loans, but as one has really to do with a moral obligation on the part of a Government or a city, it is evident that in appraising the degree of security offered by loans of this nature, the history and character of both Governments and people must be taken into account, so that there is room for a wide divergence in quality among the various loans in these three classes.
What to read after A Primer of Scientific Investment?
You can find similar books in the "Read Also" column, or choose other free books by Albert Emil Davies to read onlineMoreLess
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