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Excerpt from More: A Study of Financial Conditions Now Prevalent As an introduction and explanation for those who lack acquaintance with the author or his writings, it may suffice to state that the views herein expressed were formulated during twenty years of industrial activity in connection with an equal number of productive organiziations, operating at various points between Eastern Canada and California. These have included the manufacture of several lines of machinery; several classes of textiles; articles of varied nature in finished product; also such industries as mining, quarrying and building. This present theorizing is therefore derived from practical experience in creation and investment. The knowledge thus obtained should have value - in view of its cost. Effective experience must include losses with the gains. The scarred scent danger sooner than the scatheless. The majority of financial literature is written by men who have never made actual value in product, never handled material funds, never known the peril in large financial risks, the joy of substantial material success or the bitterness of severe financial loss. 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.