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Abstract
Ch.XIII Partic. Interest
Expressions however, and the momentary effect
they may have on the imagination are not
the proper standards of right and having in this
case any more than in any other. case.
Human failings - and the effect of measures
upon those failings do constitute the proper standard
in so far as they can be ascertained. A
stockholder is as much a part member of the commmunity-
as muchgreat a part of the community -
as any other another part man. Such as his expectations
have are been, such will be his
feelings be, when the event takes place. -
But what have been his expectations been? - it is
from his situation and that only - from
the terms of the contracts by which his situation
in that respect is constituted - it is
possible to judge that any judgement can be
formed.
Thus stands it with regard to the public creditor, the Stockholder
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