the dangerous practice of stock-jobbing, and would divert the genius of the nation from trade and industry. It would hold out a dangerous lure to dec… - Charles Mackay

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the dangerous practice of stock-jobbing, and would divert the genius of the nation from trade and industry. It would hold out a dangerous lure to decoy the unwary to their ruin, by making them part with the earnings of their labour for a prospect of imaginary wealth. The great principle of the project was an evil of first-rate magnitude; it was to raise artificially the value of the stock, by exciting and keeping up a general infatuation, and by promising dividends out of funds which could never be adequate to the purpose.

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About Charles Mackay

Charles Mackay (27 March 1814 – 24 December 1889) was a Scottish poet, journalist, and song writer.

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the dangerous practice of stockjobbing, and would divert the genius of the nation from trade and industry. It would hold out a dangerous lure to decoy the unwary to their ruin, by making them part with the earnings of their labour for a prospect of imaginary wealth.

Additional quotes by Charles Mackay

St. Gregory of Nice relates a story of a nun who forgot to say her benedicite, and make the sign of the cross, before she sat down to supper, and who, in consequence, swallowed a demon concealed among the leaves of a lettuce.

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Люди, как хорошо было сказано, мыслят в стаде; они сходят с ума в стаде, а приходят в чувство медленно и поодиночке.

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