Publisher's Synopsis
Excerpt from An American Transportation System: A Criticism of the Past and the Present, and a Plan for the Future
These fictitious securities, once issued, pass into the hands Of innocent holders and thus be come a charge upon the country, the repudia tion of which becomes a national dishonor, and, therefore, the country must labor to make these fictions realities. Furthermore it is claimed that spurious securities are the main instrumentalities of the stock manipulator, and that thus the stock exchange becomes the slaughter-house Of the people's savings. I but record these allegations not asserting their truth.
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