CHAPTER LIII.

EARTHQUAKE THEORIES AND WALL STREET AFFAIRS.

The Shock of Every Calamity Felt in Wall Street.—Earthquakes the only Disasters which seem to Defy the Power of Precaution.—Becoming a Subject of Serious Thought for Wall Street Men and Business Men.—The Volcanic Theory of Earthquakes.—Other Causes at Work Producing these Terrific Upheavals.—Why Charleston was more Severely Shaken Up than New York.—Why the Southern Earthquake did not Strike Wall Street with Great Force.—Earthquakes Likely to Become the Great Disasters of the Future[589]

CHAPTER LIV.

AUGUST BELMONT.

The American Representative of the Rothschilds.—Begins Life in the Rothschilds’ House in Frankfort.—Consul General to Austria and Minister to the Hague.—A Great Financier and a Connoisseur in Art[595]

CHAPTER LV.

THE SOCIALIST OBJECTIONS TO THE PRESENT ORDER OF SOCIETY EXAMINED.

Increase of Population and the Growing Pressure upon the Means of Subsistence.—Education and Moral Improvement the True Remedy for Existing or Threatened Evils.—Errors of Communism and Socialism.—How Socialistic Leaders and Philosophers Recognize the Truth.—Growth of Population Does Not Mean Poverty[599]

CHAPTER LVI.