Moneyed Men

by Scientific American December 10th, 2023

Too Long; Didn't Read

The Cleveland Herald said, twenty years ago, during a stringency of the times, that moneyed men are the veriest cravens on earth: so timid, that on the least alarm they pull their heads, turtle-like, within their shells, and, snugly housed, hug their glittering treasure until all fear is removed. The consequence is that a few days' disturbance of the monetary atmosphere brings on a perfect dearth of not only the precious metals, but even of paper money, their representative. Moneyed men never adopt the tactics of mutual support; hence, as soon as a shot is fired into the flock, they scatter, each looking out for himself, each distrustful of the other, and each recognizing only the great law of selfishness, which is to take care of number one. Courage has saved many an army, even when ammunition was low; and many a foe has been scattered by one yell of defiance when there was not a cartridge left.

Scientific American, Volume XXXVI., No. 8, February 24, 1877 by Various, is part of the HackerNoon Books Series. You can jump to any chapter in this book here. Moneyed Men.

Moneyed Men.

The Cleveland Herald said, twenty years ago, during a stringency of the times, that moneyed men are the veriest cravens on earth: so timid, that on the least alarm they pull their heads, turtle-like, within their shells, and, snugly housed, hug their glittering treasure until all fear is removed. The consequence is that a few days' disturbance of the monetary atmosphere brings on a perfect dearth of not only the precious metals, but even of paper money, their representative. Moneyed men never adopt the tactics of mutual support; hence, as soon as a shot is fired into the flock, they scatter, each looking out for himself, each distrustful of the other, and each recognizing only the great law of selfishness, which is to take care of number one. Courage has saved many an army, even when ammunition was low; and many a foe has been scattered by one yell of defiance when there was not a cartridge left.

About HackerNoon Book Series: We bring you the most important technical, scientific, and insightful public domain books.

This book is part of the public domain. Various (2006). Scientific American, Volume XXXVI., No. 8, February 24, 1877. Urbana, Illinois: Project Gutenberg. Retrieved https://www.gutenberg.org/cache/epub/19406/pg19406-images.html

This eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online at www.gutenberg.org, located at https://www.gutenberg.org/policy/license.html