Page:The engineers and the price system (IA cu31924013939149).pdf/61

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conveniently left the substantial control in the hands of those larger financial interests into whose hands the lines of control in credit and industrial business. were already being gathered by force of circumstances and by sagacious management of the interested parties. By this means the substantial core of the country’s credit system is gathered into a self-balanced whole, closed and unbreakable, self-insured against all risk and derangement. All of which converges to the definitive stabilization of the country’s business; but since it reduces financial traffic to a riskless routine it also converges to the conceivable obsolescence of corporation finance and eventually, perhaps, of the investment banker.