The War And Wall Street; An Address Delivered Before the City Club At Rochester, N.Y., Nov. 14, 1914
The book The War And Wall Street; An Address Delivered Before the City Club At Rochester, N.Y., Nov. 14, 1914 was written by author William Clarkson Van Antwerp Here you can read free online of The War And Wall Street; An Address Delivered Before the City Club At Rochester, N.Y., Nov. 14, 1914 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The War And Wall Street; An Address Delivered Before the City Club At Rochester, N.Y., Nov. 14, 1914 a good or bad book?
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Its Governors decided to close, not to protect its members, but to protect the Ameri- can public from a frightful assault on collateral values and a destructive drain on all forms of credit. No group of business men in America suffered more from this action than the members of the exchange; their business came to an end while their expenses, always heavy, continued, all this following a long period of dullness and di- minished profits in the security markets. Yet 14 they did their duty as good ...citizens, regardless of the sacrifices involved. Just as familiarity breeds contempt and indif- ference, so it sometimes happens that facilities and conveniences with which we are most fa- miliar in our great avenues of trade are not ap- preciated until they are interrupted or lost. Those who without study of the Stock Exchange have come to speak of it as a gambling arena cannot fail to have been impressed with the fact that something more than a gambling place disap- peared when its doors were closed.
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