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Confiscation; an outline by William Greenwood
page 29 of 75 (38%)

But we always get the money when the foreigner gets the bonds. That is a
lie. Here is some sample evidence of it.

When our parasite hears of another large jewel reaching London from the
African mines, he says he must have it for madam's tiara, and taking a
small matter of $500,000 or so of securities, he goes over, and when we
next see him the securities are gone. But has he money in their place?
None whatever. Madam's tiara is safe, but this country is not one cent
of money the richer by the transaction.

And when it is time for a husband for Miss Parasite, the two old birds
start over with bulging grip to get a mate for the sweet damsel - for
she is sweet, as they all are, bless them, whether they belong to the
millionaire's brood or to the laborer's - and it freezes our blood when
we think of what is sure to happen if the dread machine gets to work
here as it did over the way - to get, we say, a mate for the damsel, and
when he is found there must be money down and this money is obtained in
exchange for the bonds, and remains in the same country where the bonds
and titles are.

This has been a losing transaction all round, for, alas, the dear one
herself goes over in a few days, and when we next hear of her she will
be calling on her big brother to go and thrash the whelp that our money
purchased.

It does not look like business to make purchases abroad with income
producing property. But when they buy, say $50,000,000 of government
bonds at a clip, as did the late Wm. H. Vanderbilt, they turn the
interest as fast as it comes in into more income producers, and this
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