 People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes,...  The Economic Review - Page 3341905Full view - About this book
 | National Board of Trade (U.S.) - 1911 - 354 pages
...of that high tribunal in a Chicago Board of Trade case before it. He says : — People will endeavor to forecast the future and to make agreements according...prophecy. Speculation of this kind by competent men is the self-adjustment of 'society to the probable. Its value is well known as a means of mitigating catastrophes,... | |
 | United States. Supreme Court - 1905 - 662 pages
...hundred members, is transacted a large part of the grain and provision business of the world. Of course, in a modern market contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of... | |
 | 1907 - 496 pages
...language of Justice Olver W. Holmes, late chief justice of the commonwealth of Massachusetts ; that, in a modern market, contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation of this... | |
 | National Association of Cotton Manufacturers (U.S.) - 1907 - 462 pages
...language of Mr. Justice OLIVER W. HOLMES, late Chief Justice of the Commonwealth of Massachusetts; that "in a modern market, contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation of this... | |
 | 1907 - 1252 pages
...hundred members, is transacted a large part of the grain and provision business of the world. Of course, in a modern market contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of... | |
 | Montgomery Rollins - 1907 - 486 pages
...differ from mere gambling contracts. He said in part: " People will endeavour to forecast the future and make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually,... | |
 | Montgomery Rollins - 1907 - 488 pages
...differ from mere gambling contracts. He said in part: " People will endeavour to forecast the future and make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually,... | |
 | Rollin Edson Smith - 1908 - 468 pages
...1905, relating to the buying and selling of grain for future delivery, said: "People will endeavor to forecast the future and to make agreements according...prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating... | |
 | Chicago Board of Trade - 1909 - 472 pages
...States Supreme Court, "contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to make agreements according...prophecy. Speculation of this kind by competent men is the self adjustment of society to the probable. It» value is well known as a means of avoiding or... | |
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