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" 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,... "
Proceedings of the ... Annual Meeting of the National Board of Trade - Page 249
by National Board of Trade (U.S.) - 1911
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United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ...

United States. Supreme Court - Law reports, digests, etc - 1905
...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...the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want. fltis true...
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The Economic Review, Volume 15

Christian sociology - 1905
...In a modern market contracts are not confined to sales for immediate delivery. People will endeavour to forecast the future, and to make agreements according...prophecy. Speculation of this kind by competent men is held to be the self* adjustment of society to what seems probable, and its value is stated to be well...
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United States Reports: ... and Rules Announced at ...

United States. Supreme Court - Law reports, digests, etc - 1905
...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...agreements according to their prophecy. Speculation of thus kind by competent men is the self-adjustment of society to the probable. Its value is well known...
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Federal Anti-trust Decisions: Cases Decided in United States ..., Volume 2

Antitrust law - 1907
...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...the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want. It is true...
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Proceedings of the ... Annual Convention of the American Cotton ...

Cotton trade - 1907
...contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation...the probable. Its value is well known as a means of avoiding or mitigating catastrophies, equalizing prices and providing for periods of want. It is true...
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Transactions of the National Association of Cotton Manufacturers, Issue 82

National Association of Cotton Manufacturers - Cotton manufacture - 1907
...contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and make agreements according to their prophecy. Speculation...self-adjustment of society to the probable. Its value is well-known as a means of avoiding or mitigating catastrophies, equalizing prices and providing for...
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Money and Investments: A Reference Book for the Use of Those Desiring ...

Montgomery Rollins - Finance - 1907 - 436 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...competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually, February and August. g. Gold. G...
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Money and Investments: A Reference Book for the Use of Those Desiring ...

Montgomery Rollins - Finance - 1907 - 436 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...competent men is the self-adjustment of society to the probability." F. & A. Interest or dividends payable semi-annually, February and August. G g. Gold....
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Wheat Fields and Markets of the World

Rollin Edson Smith - Wheat - 1908 - 418 pages
...decision given May 8th, 1905, relating to the buying and selling of grain for future delivery, said: "People will endeavor to forecast the future and to...the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want. It is true...
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Annual Report of the Trade and Commerce of Chicago, Volumes 50-51

Chicago Board of Trade - Chicago (Ill.) - 1909
...Holmes of the United States Supreme Court, "contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to...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 mitigating...
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