Of course I know that very prudent people will tell you that bonds are safer.

And no doubt, as a rule they are.

If a concern fails, the bond-holder is a creditor, while the shareholder is a debtor--besides having lost his capital.
But in this case there is no fear of failure." "Dear me," said Aunt Charlotte, beginning to feel impressed.

"Is it an industrial undertaking ?" "I suppose it might be so described," answered her adviser, cautiously.

"But it is mainly scientific.