The Moneychangers
The Moneychangers
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In our eReader you can find the full English version of the book. Read The Moneychangers 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 The Moneychangers
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"And of course you've got tomake allowances. He said he had no idea of what Dan Waterman hadbeen planning, but I fancy that was a lie. Harrison of Pittsburg hadbeen threatening to build a railroad of his own, and take away hisbusiness from Waterman's roads, and so there was nothing forWaterman to do but buy him out at three times what his mills wereworth. He took the mills that Stagg had bought at the same time. Stagg had paid two or three prices, and Waterman paid him a coupleof prices more, a...nd then he passed them on to the American peoplefor a couple of prices more than that. " Gamble paused. "That's where they get these fortunes, " he added, waving his fat little hand. "Sometimes it makes a fellow laugh tothink of it. Every concern they bought was overcapitalised to beginwith; I doubt if two hundred million dollars' worth of honestdollars was ever put into the Steel Trust properties, and theycapitalised it at a billion, and now they've raised it to a billionand a half! The men who pulled it off made hundreds of millions, andthe poor public that bought the common stock saw it go down to six!They gave old Harrison a four-hundred-million-dollar mortgage on theproperty, and he sits back and grins, and wonders why a man can'tdie poor!" Gamble's car was opposite one of the clubs.
What to read after The Moneychangers?
You can find similar books in the "Read Also" column, or choose other free books by Sinclair, Upton, 1878-1968 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
"And of course you've got tomake allowances. He said he had no idea of what Dan Waterman hadbeen planning, but I fancy that was a lie. Harrison of Pittsburg hadbeen threatening to build a railroad of his own, and take away hisbusiness from Waterman's roads, and so there was nothing forWaterman to do but buy him out at three times what his mills wereworth. He took the mills that Stagg had bought at the same time. Stagg had paid two or three prices, and Waterman paid him a coupleof prices more, a...nd then he passed them on to the American peoplefor a couple of prices more than that. " Gamble paused. "That's where they get these fortunes, " he added, waving his fat little hand. "Sometimes it makes a fellow laugh tothink of it. Every concern they bought was overcapitalised to beginwith; I doubt if two hundred million dollars' worth of honestdollars was ever put into the Steel Trust properties, and theycapitalised it at a billion, and now they've raised it to a billionand a half! The men who pulled it off made hundreds of millions, andthe poor public that bought the common stock saw it go down to six!They gave old Harrison a four-hundred-million-dollar mortgage on theproperty, and he sits back and grins, and wonders why a man can'tdie poor!" Gamble's car was opposite one of the clubs.
What to read after The Moneychangers?
You can find similar books in the "Read Also" column, or choose other free books by Sinclair, Upton, 1878-1968 to read onlineMoreLess
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