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Archive for December 15th, 2007

15 Dec

Finance the machinery of money-dealing–Lenders and borrowers–Capital

and its claim to reward–Stored-up work–Inherited wealth–The reward of
services–Questionable services–Charles the Second”s dukedoms–Modern
equivalents–Workers and Savers

15 Dec

Nevertheless, this argument of the enormous cost of the present war

does not seem to me to be a good reason why the war should be financed
badly, but rather a reason for making every possible effort to finance
it well Are we doing so? At first sight it is a great achievement to
have increased our total revenue from L200 millions before the war to
L842 millions, the amount […]

15 Dec

But needs must when the devil drives, and in a crisis of this kind it

is not always possible to look too closely into questions of equity in
raising money
But needs must when the devil drives, and in a crisis of this kind it
is not always possible to look too closely into questions of equity in
raising money. It is necessary, however, to look very closely into the
probable economic effects of any […]

15 Dec

Another Government Committee–The Fallacy of imitating

Germany–Prussianising British Commerce–The Inquiry into the
Companies Acts–Will Labour Influence dominate the Report?–Increased
Production the Great Need–Will it be met by tightening up the
Companies Acts?–The Dangers of too much Strictness–Some Reforms
necessary–Publicity, Education, Higher Ideals the only Lasting
Solution–The Importance of Foreign Investments–Industry cannot take
all Risks and no Profits
Another Government Committee–The Fallacy of imitating
Germany–Prussianising British Commerce–The Inquiry into the
Companies […]

15 Dec

For instance, if you are borrowing $500,000 and are required to pay 2 points, then you would have

For instance, if you are borrowing $500,000 and are required to pay 2 points, then you would have to pay the lender $10,000 to lower the interest rate.

15 Dec

The existing laws, according to Contest and the credit button down companies, allowed over sundry

The existing laws, according to Contest and the credit button down companies, allowed over sundry debtors who might steward capable of repaying at aboriginal some of their debts to hold them wiped away by the courts.

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