Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Elizabeth Andrews who wrote (2049)	2/24/2001 7:40:54 PM
From: TobagoJack	of 74559

No, Internet is not free. And this is not about the Internet Infrastructure … “… the length of our lives, so far as regards the power of acquiring information and disseminating power, will be doubled, and we may be justified in looking for the arrival of a time when the whole world will have become one great family, speaking one language, governed in unity by like laws, and adoring one God” … from an investment point of view, it was argued that railway shares would remain “safe in the midst of panic” A rapidly expanding railway press contributed to the development of popular enthusiasm … and during the “mania” year of 1845, new railway papers appeared nearly every week. John Francis, 1850, History of the Railways, as quoted from “Devil takes the Hindmost” by Edward Chancellor

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