New York also has other Exchanges, where different articles of merchandise
are purchased and sold, such as corn, coffee, cotton, etc.,
and the volume of business transacted daily in that "Empire City"
must be immense, and almost beyond calculation.
Of course there are Exchanges in Chicago, Boston, Cincinnati,
St. Louis, Philadelphia, Baltimore, Washington and other cities,
all conducted on similar lines, but the prices are always governed
by the quotations from New York. This skilful and systematic
way of doing business is remarkable, and I am inclined to believe
that New York is ahead of many cities in South America and in Europe.
No wonder that the services of Americans are required by other countries
in industrial and technical concerns. Some years ago,
when I was in Madrid, I noticed that the street tram-car
was running according to the American system, and upon inquiry
I was told it was controlled by an American syndicate.
The pursuit of wealth in America is intense; it is apparent everywhere
and seems to be the chief aim of the American people.
Because of their eagerness to become rich as soon as possible
they are all in a constant hurry. You may see people in the streets
almost running to their offices, at luncheon they do not masticate their food,
they bolt it, and in less than ten minutes are on their way
back to their office again. Everyone is urged on by this spirit of haste,
and you frequently hear of sudden deaths which doctors attribute
to heart failure, or some other malady, but which I suspect
are caused by the continual restless hurry and worry.
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