[Debit and Credit by Gustav Freytag]@TWC D-Link book
Debit and Credit

CHAPTER III
8/13

The company itself paid interest to those who accepted the mortgages, and advanced money on them, raising from its own debtors, in addition to the interest, a small sum as commission, for the purpose of defraying expenses, and also for the gradual extinction of the debt incurred.
"I will have nothing to do with money transactions," said the baron, proudly.

But the string the tradesman had touched went on vibrating notwithstanding.
"Transactions such as those I speak of are carried on by every prince," continued Mr.Ehrenthal, fervently.

"If you were to do as I suggested, you might any day obtain fifty thousand dollars in good parchment.

For it you would pay to the company four per cent.; and if you merely let the mortgages lie in your cash-box, they would bring you in three and a half.

So you would only have a half per cent.


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