Fifty years in Wall Street · Henry Clews
CHAPTER LI.
Chapter 40 of 136 · 1 min read
ARBITRATION.
How the System of Settling Disputes and 561 Misunderstandings by Arbitration has Worked in the Stock Exchange.—Why not Extend the System to Business Matters Generally?—Its Great Advantages over Going to Law.—It is Cheap and has no Vexatious Delays.—Trial by Jury a Partial Failure.—Some Prominent Cases in Point.—Jury “Fixing” and its Consequences.—How Juries are Swayed by their Sympathies.—A Curious Miscarriage of Justice before a Referee.—The Little Game of the Diamond Broker
CHAPTER LII.
NEW YORK AS A FINANCIAL CENTRE.
Its Past, Its Present, Its Future.—Banking 577 Decadence.—Growth of Interior Centres.—Obstruction from the National Bank Laws.—Relief Demanded.—Requirements of the Future
