A Brief History of Panics and Their Periodical Occurrence in the United States
Juglar, Clément
English
We will print you a perfectly bound paperback of your selected title and send it to you at your nominated address
Below is a summary of A Brief History of Panics and Their Periodical Occurrence in the United States
and the Online Distributed Proofreading Team.
A BRIEF HISTORY OF PANICS
AND THEIR PERIODICAL OCCURRENCE IN THE UNITED STATES
BY CLEMENT JUGLAR
MEMBER OF THE INSTITUTE, VICE-PRESIDENT OF LA SOCIETE
D'ECONOMIE POLITIQUE
THIRD EDITION
TRANSLATED AND EDITED WITH AN INTRODUCTION AND
BROUGHT DOWN FROM 1889 TO DATE
BY DECOURCY W. THOM
FORMER MEMBER OF THE BALTIMORE STOCK EXCHANGE AND OF THE
CONSOLIDATED EXCHANGE OF NEW YORK
TO GOLDEN DAYS
Tonight at "Blakeford," I set down this dedication of the third edition
of this book which has proved to be the pleasant companion of two
visitations--one at "Wakefield Manor," Rappahannock County, Virginia, in
1891, the other at my old home "Blakeford," Queen Anne's County,
Maryland, in 1915. The memories that entwine it there, and here mingle
in perfect keeping and have made of a dry study something that stirs
anew within me as I consider the work accomplished, my love and
remembrance of the old days, and my love and unforgettingness of these
other golden days under whose spell I have brought the book up to the
present year.
DECOURCY W. THOM.
"BLAKEFORD,"
October 10, 1915.
PREFACE TO THIRD EDITION
The second edition of this study of _Panics in the United States_
brought us through the year 1891. I originated about one fourth of it.
This third edition brings us practically up to date. Of this edition I
originated about one half. I hope it will prove helpful in many ways. I
trust that it will force an appreciable number of men to realize that
"business" or "financial" panic is not merely fear, as some have
asserted; but is based upon the knowledge that constriction, oppression,
unhappy and radical change in this, that, or the other kind of business
must tend to drag down many others successively, just as a whole line of
bricks standing on end and a few inches apart will fall if an end one is
toppled upon its next neighbor. Indeed, the major cause of "business" or
"financial" panic is just reasoning upon existing conditions rather than
a foolish fear of them. Over-trading and loss of nerve constitute the
medium. Recent national legislation has gone far in enabling the
business world in the United States to prevent panics, and farther yet
in providing the means to cope with them when, in spite of precautions,
they shall recur.
DEC. W. THOM.
"BLAKEFORD,"
October 10, 1915.
A BRIEF HISTORY OF PANICS
INTRODUCTION
COMPRISING A CONDENSATION OF THE THEORY OF PANICS, BY M. JUGLAR,
RENDERED INTO ENGLISH, WITH CERTAIN ADDITIONAL MATERIAL,
BY DECOURCY W. THOM.
Back