Publisher's Synopsis
Excerpt from A Short Inquiry Into the Profitable Nature of Our Investments: With a Record of More Than Five Hundred of Our Most Important Public Securities During the Ten Years 1870 to 1880
Amongst such extreme risks will always be found the names of those securities which are industriously advertised.
Certain it is that the advertisers do for the time convince many that - as an instance in point - the most lucrative holdings at the present day will be Indian gold mines, Canadian unguaranteed railway stocks, new tramways, and the at present least profitable of our home railways, in the same way as in times past a certain class of people were made to believe in finance companies, American mines, asphalte companies, sewage companies, or in patent gas. But one point may, at any rate, be deter mined with some approach to accuracy - Which of our investments have up to the present time been the most profitable to English investors And while that question is the main object of the task before us, some suggestions may be ofiered, some reasons given, which may serve careful investors as a guide to the future.
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