AND FINANCIAL GAMBLING
N "OPTIONS AND FUTURES"
(MARCHÉS À TERME):

THE ECONOMIC RUIN OF THE

WORLD

BY

CHARLES WILLIAM SMITH

FORTY-FOUR YEARS' EXPERIENCE IN THE COMMERCIAL AND FINANCIAL WORLD,
1862-1906; EDITOR OF WHITAKER WHITEHEAD & Co.'s "TRADE AND
FINANCIAL CIRCULAR," 1875-1896; authoR OF VARIOUS BOOKS AND
PAMPHLETS ON "INTERNational COMMERCIAL AND FINANCIAL

"

GAMBLING UNDER THE "OPTION, FUTURE AND WARRANT"
SYSTEMS, PUBLISHED IN LONDON, NEW YORK, BERLIN,

PARIS, VIENna, budapest, etc.

Price Five Shillings Net.

London:

P. S. KING & SON

ORCHARD HOUSE, WESTMINSTER

1906

Dup

261500

THE BEST AND WHAT OUGHT TO BE THE ONLY POLICY

FINANCIAL, COMMERCIAL,

OR POLITICAL-APPLIC

ABLE TO MEN AS WELL AS TO NATIONS. IF THE

BASIS OF THESE POLICIES IS DISHONEST

HONEST CAPITAL AS WELL AS HONEST

LABOUR (THE MOST SACRED OF

ALL CAPITALS) MUST INEVIT-
ABLY SUFFER.