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CHAPTER XXVI.. Our Railroad Methods.

Fifty Years in Wall Street · Henry Clews — chapter 26 of 151 · ~25 words · public domain

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OUR RAILROAD METHODS.

Deceptive Financiering.—Over-Capitalization.—Stock 241 “Watering.”—Financial Reconstructions.—Losses to the Public.—Profits of Constructors.—Bad Reputation of our Railroad Securities.—Unjust and Dangerous Distribution of the Public Wealth

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