suing in, 47
Freights, effect of war on, 162
GEOGRAPHICAL distribution, investment by, 24, 25
German finance and diplomacy, 107
German industry helped by English finance, 85
Governments, borrowing by, 43 _seq_.
HONDURAS loans, Select Committee's report on, 116 _seq_.
"INCOME," Dr. Nearing on, 7
Industry the foundation of finance, 28, 29
Inherited wealth, 11 _seq_.
Interest, the price of capital, 2, 3
Interest claims, as article of export, 80, 81
Issuing houses, responsibilities of, 137 _seq_.
JEWS and finance, 111 _seq_.
Journalism in the City, 49, 50
KINGLAKE on Egypt, 100;
on Jews of Smyrna, 112
LIMITED liability, system of, 68
Loans, issue of, 45 _seq_.
London, strength of, in credit matters, 30
MEXICO, revolution and default in, 71
Morocco crisis and financiers, 93
Municipalities, borrowing by, 45
NEARING, DR., on capital's reward, 7, 8
New York as financial centre, 30
PHILIP II repudiates debts, 67
Preference securities, 57, 59
Profit, distinguished from interest, 56;
the reward of capital, 2, 3
Prospectuses, fuller statement desirable in, 173;
terms of, 49 _seq_., 51
Public, the, the modern dispenser of wealth, 15 _seq_.
REGISTERED stocks, 55
Risk, inseparable from industry, 23
SINKING Fund, working of, 52
Snowden, Mr. Philip, on finance and diplomacy, 90, 91
South African War and finance, 102, 103
Specialization, dangers and evils of, 153 _seq_.
State, as saver of capital, 21
Stock Exchange, as regulator of new issues, 169, 170;
effect of war on, 95;
securities dealt in on, 42 _seq_.
Stock markets, fluctuations of, 61, 62;
international relations of, 62
TRADE balance, 80, 81
UNDERWRITING of loans, 46, 48;
risk involved by, 53
VENEZUELA and German diplomacy, 107
WAR, effects of, on finance, 92, 93;
lessons taught by, 161 _seq_., 175 _seq_.
THE END
End of Project Gutenberg's International Finance, by Hartley Withers
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