Crossword-Solution: STOCKHOLDING 12 letters, 2 clues 🏆 scrabble score: 23

There is something more significantly pleasing in the sensation with which the young up-struggler of the world receives his first instalment of interest, and yet remembers that all his original investment is still entire, than in all the lazy satisfaction with which a great stockholder--born perhaps to stockholding--gathers in his mighty dividends.

The scheme of trust here briefly outlined would probably require for its successful operation the concurrence of the entire stockholding interest of each company embraced in it; and herein, it seems likely, will be found the chief difficulty in perfecting such a scheme.

The grant of one hundred sections of land, and bonds to the amount of $16,000 per mile, with the privilege of issuing first mortgage bonds to the amount of $16,000 per mile, altogether comprise one of the most remunerative jobs ever conceived and consummated by incorporating, stockholding and "direct"-ing congressmen in the companies receiving the aid.

But how the five non-stockholding directors, appointed by the president, who are presumed to act for the government and its interest, could have been ignorant of the whole matter, is not so easily understood.

While the government remained at Philadelphia, a selection of members of both Houses were constantly kept as directors who, on every question interesting to that institution, or to the views of the federal head, voted at the will of that head; and, together with the stockholding members, could always make the federal vote that of the majority.