 People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes,...  Virtue, Fortune, And Faith: A Geneaology Of Finance - Seite 70von Marieke De Goede - 2001 - 235 SeitenEingeschränkte Leseprobe - Über dieses Buch
 | National Board of Trade (U.S.) - 1911 - 354 Seiten
...handing down a decision of that high tribunal in a Chicago Board of Trade case before it. He says : — People will endeavor to forecast the future and to...prophecy. Speculation of this kind by competent men is the self-adjustment of 'society to the probable. Its value is well known as a means of mitigating catastrophes,... | |
 | United States. Supreme Court - 1905 - 662 Seiten
...the world. Of course, in a modern market contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to...prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating... | |
 | 1905 - 528 Seiten
...In a modern market contracts are not confined to sales for immediate delivery. People will endeavour to forecast the future, and to make agreements according...prophecy. Speculation of this kind by competent men is held to be the self* adjustment of society to what seems probable, and its value is stated to be well... | |
 | United States. Courts - 1907 - 1088 Seiten
...the world. Of course, in a modern market contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to...prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating... | |
 | National Association of Cotton Manufacturers (U.S.) - 1907 - 462 Seiten
...contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation of this kind, by competent men, is the self-adjustment of society to the probable. Its value is well-known as a means of avoiding or mitigating... | |
 | Montgomery Rollins - 1907 - 486 Seiten
...differ from mere gambling contracts. He said in part: " People will endeavour to forecast the future and make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually,... | |
 | 1907 - 496 Seiten
...contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation of this kind, by competent men, is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating... | |
 | Montgomery Rollins - 1907 - 488 Seiten
...differ from mere gambling contracts. He said in part: " People will endeavour to forecast the future and make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually,... | |
 | Rollin Edson Smith - 1908 - 468 Seiten
...in a decision given May 8th, 1905, relating to the buying and selling of grain for future delivery, said: "People will endeavor to forecast the future...prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating... | |
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