Word: goldings
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Between 1836 and 1914, the U.S. lacked a central bank; Morgan stepped boldly, sometimes magnificently, into that breach. When gold reserves backing the country's legal tender dipped perilously low in 1895, he masterminded a bond issue in New York and London that replenished the gold stock--one of many acts he performed that preserved America's credit abroad and evinced a new financial maturity that won the confidence of foreign investors...
...Great Quake shook parts of the city to rubble. He hurriedly dressed and hitched a team of horses to a borrowed produce wagon and headed into town--to the Bank of Italy, which he had founded two years earlier. Sifting through the ruins, he discreetly loaded $2 million in gold, coins and securities onto the wagon bed, covered the bank's resources with a layer of vegetables and headed home...
...drunkenness, divorce, brutality and murder would be Lord knows how much higher. Productivity rates would plunge 40% over the world; the deep-sea fishing industry would be deep-sixed; Michelangelo's frescoes in the Sistine Chapel would deteriorate; rare books and manuscripts would fall apart; deep mining for gold, silver and other metals would be impossible; the world's largest telescope wouldn't work; many of our children wouldn't be able to learn; and in Silicon Valley, the computer industry would crash...
That morning Reuther and his colleagues suspected the day's events could escalate into something historic as they prepared to hand out organizing leaflets (slogan: "Unionism, Not Fordism") to the plant's workers. Reuther had put on his Sunday suit, complete with vest, gold watch and chain. He had invited newspapermen, priests and local officials to be witnesses...
...there is such a thing as a secret American Dream, it has many more rooms than inhabitants and gold-plated fixtures to boot. We all crave stately pleasure domes, such Xanadus as William Randolph Hearst's San Simeon and Bill Gates' new ode to monstrosity in Seattle. But only the occasional hyper-mogul ever attains one. These opulent shrines to capitalism we regard with a mixture of envy, awe and abhorrence: "Isn't that ridiculous--nobody needs a house that big." Or, "Just think how hard it would be to keep that thing clean." The fact that...