The Law of Real Property in England a Course of Lectures Delivered At the Insti
The Law of Real Property in England a Course of Lectures Delivered At the Insti
G Wood Hill
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Every channel, in fact, appears to be full to overflowing. It may be, however, that the development of electricity may in some way supply an opening, or it is also possible that a great war the great war of the future may swiftly sweep away the accumulations of a century of peace. Before concluding these prefatory remarks, it just occurs to me to say that if any of you wish to take up a congenial and original line of research original, that is to say, as far as I know I think I can suggest one.... It would be very interesting, namely, to know the com- parative yield during the last 30 years of each of the principal groups of securities. Suppose, for instance, a capitalist, on the 1st of January 1867, had invested a stated sum in Consols, would he have done better or worse to have spread his money over an assortment of English railway stocks? and in like manner, taking of course the dividends into account, what would the result have been if he had divided it amongst American Railway bonds or foreign stocks ?
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