So, there was consumer credit before BankAmericard!And then one day the populace saw on his office door, beneath his name-board, another sign:
FIVE TOWNS UNIVERSAL THRIFT CLUB. Secretary and Manager— E.H. MACHIN.
An idea had visited him....
....He would encourage thrift in the working-man and the working-man's wife. He would guard the working-man's money for him; and to save trouble to the working-man he would call at the working-man's door for the working-man's money. Further, as a special inducement and to prove superior advantages to ordinary slate-clubs, he would allow the working man to spend his full nominal subscription to the club as soon as he had actually paid only half of it. Thus, after paying ten shillings to Denry, the working-man could spend a pound in Denry's chosen shops, and Denry would settle with the shops at once, while collecting the balance weekly at the working-man's door. But this privilege of anticipation was to be forfeited or postponed if the working-man's earlier payments were irregular.
And Denry would bestow all these wondrous benefits on the working-man without any charge whatever. Every penny that members paid in, members would draw out. The affair was enormously philanthropic.
Denry's modest remuneration was to come from the shopkeepers upon whom his scheme would shower new custom. They were to allow him at least twopence in the shilling discount on all transactions, which would be more than 16 per cent. on his capital; and he would turn over his capital three times a year. He calculated that out of 50 per cent. per annum he would be able to cover working expenses and a little over....
...Denry began to suffer from the ravages of a malady which is almost worse than failure—namely, a surfeit of success.... Denry ought to have been happy.... But he was not happy. And the reason was that the popularity of the Thrift Club necessitated much book-keeping, which he hated.
He was an adventurer, in the old honest sense, and no clerk. And he found himself obliged not merely to buy large books of account, but to fill them with figures; and to do addition sums from page to page; and to fill up hundreds of cards; and to write out lists of shops, and to have long interviews with printers whose proofs made him dream of lunatic asylums; and to reckon innumerable piles of small coins; and to assist his small office-boy in the great task of licking envelopes and stamps. Moreover, he was worried by shopkeepers; every shopkeeper in the district now wanted to allow him twopence in the shilling on the purchases of club members....
My pal David E. Davis had loaned me this car ... spent a bazillon restoring it ... And now David, who was behind me in a magnificent Mark IX Jaguar, would soon see his dream dashed to pieces -- no figure of speech -- at the bottom of a canyon. We get up, go into the office and manage bazillion-dollar portfolios whether we're frightened or not, or in this case clamber back behind the wheel. ... And we hardly ever let on that risking other people's money is nine-tenths of the fun.
S. C. Gwynne’s Empire of the Summer Moon spans two astonishing stories. The first traces the rise and fall of the Comanches, the most powerful Indian tribe in American history. The second entails one of the most remarkable narratives ever to come out of the Old West: the epic saga of the pioneer woman Cynthia Ann Parker and her mixed-blood son Quanah, who became the last and greatest chief of the Comanches.
Against this backdrop Gwynne presents the compelling drama of Cynthia Ann Parker, a lovely nine-year-old girl with cornflower-blue eyes who was kidnapped by Comanches from the far Texas frontier in 1836. She grew to love her captors and became infamous as the "White Squaw" who refused to return until her tragic capture by Texas Rangers in 1860. More famous still was her son Quanah, a warrior who was never defeated and whose guerrilla wars in the Texas Panhandle made him a legend.
ruralavalon wrote:Empire of the Summer Moon, by S. C. Gwynn. History of the Commanche and the Southern Plains, primarily in the period 1836 - 1875.
indianaman wrote:I just finished reading the Great Gatsby. I heard the movie was terrible so I bought a copy at a local thrift store for 25 cents.
stratton wrote:Dick Couch's:
The Warrior Elite: Seal Class 228
The Finishing School
Former Navy Seal writes about the training over the first two books and Afghanistan in the next book and Iraq in "Sheriff of Ramadi" which I haven't read yet.
johnep wrote:Immoderate Greatness - Why Civilizations Fail by William Ophuls
This is a short book of 70 pages and the author lays out the factors that cause all civilizations to fail. It is not specific to any one civilization but makes the point that it is inevitable for all civilizations to fail due to these factors and weaknesses in humanity that all civilizations have in common. He presents a very plausible argument and I can see some of this from my own experience and observation. Some of his comments are eerily on target with our modern civilization, especialy Western civilization.
*Immoderate Greatness* explains how a civilization’s very magnitude conspires against it to cause downfall. Civilizations are hard-wired for self-destruction. They travel an arc from initial success to terminal decay and ultimate collapse due to intrinsic, inescapable biophysical limits combined with an inexorable trend toward moral decay and practical failure. Because our own civilization is global, its collapse will also be global, as well as uniquely devastating owing to the immensity of its population, complexity, and consumption. To avoid the common fate of all past civilizations will require a radical change in our ethos—to wit, the deliberate renunciation of greatness—lest we precipitate a dark age in which the arts and adornments of civilization are partially or completely lost.
Sid wrote:"A Feast of Crows" by George R. R. Martin. The 4th book in the "A Song of Ice and Fire" series. I am really enjoying this series. What blows my mind is that I am an avid reader and yet I didn't know about these well written books until HBO did the TV series Game of Thrones based upon the novels. And yet the first book was published in 1996. It is funny how you can always be on the lookout for good books and yet miss something this obvious. These stories are kind of like a cross between the more adult versions of the King Arthur novels (Bernard Cornwell) and the Lord of the Rings novels with more violence and sex thrown in for good measure.
"Invisible Armies: An epic history of guerilla warfare from ancient times to the present" by Max Boot. I particularly enjoy learning ancient to medieval history which this book covers, but most of its emphasis is on recent history (1500 to present). Of course, that is where you would find the most written records.
Nibbling through Telzey Amberdon by James H. Schmitz one chapter/story at a time.
Valuethinker wrote:The Black Company by Glen Cook- especially the first 3 . . . And his Garratt, PI series is Raymond Chandler set in the city on the edge of an interminable war orchestrated by the wizards who command the city, Garrett (like Philip Marlowe, and Chandler himself) is a veteran nursing old psychic wounds.