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" People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the selfadjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes,... "
Proposed Amendments to the Securities Act of 1933 and to the Securities ... - Página 706
por United States. Congress. House. Committee on Interstate and Foreign Commerce - 1942
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Proceedings of the ... Annual Meeting of the National Board of Trade, Volumen41

National Board of Trade (U.S.) - 1911 - 354 páginas
...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...the probable. Its value is well known as a means of mitigating catastrophes, equalizing prices and providing for periods of want. It is true that the success...
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United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ...

United States. Supreme Court - 1905 - 662 páginas
...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...equalizing prices and providing for periods of want. fltis true that the success of the strong induces imitation by the weak, and that incompetent persons...
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The Economic Review, Volumen15

1905 - 528 páginas
...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...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volumen198

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1905 - 658 páginas
...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...agreements according to their prophecy. Speculation of thus kind by competent men is the self-adjustment of society to the probable. Its value is well known...
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Federal Antitrust Decisions: Adjudicated Cases and Opinions of ..., Volumen2

United States. Courts - 1907 - 1088 páginas
...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...equalizing prices and providing for periods of want. It is true that the success of the strong induces imitation by the weak, and that incompetent persons...
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Proceedings of the ... Annual Convention of the American Cotton ...

1907 - 496 páginas
...contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation...is well known as a means of avoiding or mitigating catastrophies, equalizing prices and providing for periods of want. It is true that the success of...
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Transactions of the National Association of Cotton Manufacturers, Tema 82

National Association of Cotton Manufacturers (U.S.) - 1907 - 462 páginas
...contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation...self-adjustment of society to the probable. Its value is well-known as a means of avoiding or mitigating catastrophies, equalizing prices and providing for...
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Money and Investments: A Reference Book for the Use of Those Desiring ...

Montgomery Rollins - 1907 - 486 páginas
...differ from mere gambling contracts. He said in part: " People will endeavour to forecast the future and make agreements according to their prophecy. Speculation...competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually, February and August. g. Gold. G...
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Money and Investments; a Reference Book for the Use of Those Desiring ...

Montgomery Rollins - 1907 - 488 páginas
...differ from mere gambling contracts. He said in part: " People will endeavour to forecast the future and make agreements according to their prophecy. Speculation...competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually, February and August. G g. Gold....
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Wheat Fields and Markets of the World

Rollin Edson Smith - 1908 - 468 páginas
...decision given May 8th, 1905, relating to the buying and selling of grain for future delivery, said: "People will endeavor to forecast the future and to...equalizing prices and providing for periods of want. It is true that the success of the strong induces imitation by the weak, and that incompetent persons...
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