Monday, May 18, 2009

Plus ça change …

... Something New Under the Sun. (Hat tip, Dave Lull.)

"Fine ladies, men of fashion – the London world – ever anxious to make as much of its money as it can, and then wholly unwise (it is not now very wise) in discovering how the most was to be made of it – ‘went in’ and speculated largely. As usual, all was favourable so long as the shares were rising; the price was at one time very high, and the agitation very general. After a time, the shares ‘hesitated,’ declined, and fell; and there was an outcry against everybody concerned in the matter."

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