The book The Sphinx Catechism was written by author Rawie, Henry, 1860- Here you can read free online of The Sphinx Catechism book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Sphinx Catechism a good or bad book?
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Having established your investment fund, proceed to explain how it works in get- ting money from millions of workers for great enterprises ? A. The gain in check circulation which is seeking investment promises a golden harvest for building promoters, because profits are running at a twenty-five per cent, rate, return- ing the investment in four years. 378 Q. Buildings will sell like commodities for twice their cost, giving builders a mer- chant's profit, which they in turn invest? A. Yes; and ...wealthy capitalists will be superseded by the cash capital market, ready at all times to buy shares in "every profitable enterprise and to furnish all new capital. 379 Q. You avoid debts by selling stock to innumerable investors ? A. Yes; except temporary loans in the com- mercial market, fixed debts have no opportu- nity to grow because the rate of interest is against them, and the necessity for long-time debt does not arise. 380 Q. You then equalize the price of income property with the price of capital stock pay- able on demand?
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