Russia (Classic Reprint)
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| Versand: | 0.00 EUR Versandkostenfrei innerhalb von Deutschland |
| Partner: | buecher.de |
| Hersteller: | Forgotten Books (McRoberts, Samuel) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Russia The most important fact in our economic relation to the war is the sudden acquisition by this country of a very large amount of new capital. In a period of time that is infinitesimal in the history of a country, the United States has apparently discharged its debts, and become a lender among nations. However deeply some of us may regret that these war conditions have only tended to emphasize the material side of the American people instead of solidifying the national thought and feeling behind some great world principles; however loath we may be to take material gain from human suffering; the fact remains that we have today an abnormal proportion of the world´s gold, and that its acquisition has not yet ceased. This has happened with such amazing suddenness that its significance is not fully apparent. What it means to us and other nations in ultimate results has not yet crystallized into any authoritative opinion. Our economists and financiers have begun to consider and venture judgments. Some have already said that it was a passing incident of the war, and more likely to injure us than to produce permanent benefits. Some have professed to see in it a situation connived at by the Allied Powers, who, having practically prevented the export of gold from the United States, have put us in the position of the goose nailed to a board and stuffed with yellow grain, so that it would produce pate de foie gras in the shape of fat foreign loans for the Allies, and have prophesied that our disintegration would promptly follow the full crop. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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