投机地

The second chapter describes the formation of the pool of state controlled lands and the establishment of land market. The third chapter analyzes the government policies regarding land sale from the Independence to 1850s and the federal government"s diversified land distribution polices in the latter half of the 19th century. In the Forth chapter, the author assesses how American government" s land policies assisted the development of agriculture, communications and transportation, western urbanization and the formation of a national market. Chapter Fivediscusses the controversial issues of the land speculation and The Homestead Law, which affected the governments land policies.

全文分五章：第一章简要介绍美国土地问题的研究概况；第二章描述了美国建国以后国有土地的形成和国有土地市场的建立；第三章分析了美国建国后至十九世纪中期联邦政府以销售为主的土地政策，以及十九世纪后半期联邦政府多元化的土地分配政策；第四章从农业、交通运输业、西部城市化、国内统一市场四个方面入手，分析了土地政策对西部开发的推动作用；第五章对与土地政策密切相关的、学术界争论较大的土地投机问题和《宅地法》进行了简评。

To summarize what I have said:aim for the highest;never enter a bar room;do not touch liquor,or if all only at meals;never speculate;never indorse beyond your surplus cash fund;make the firm's interest yours;break orders always to save owners;concentrate;put all your eggs in one basket,and watch that basket;expenditure always within revenue;lastly,be not impatient,for as Emerson says,"No one can cheat you out of ultimate success but yourselves."

把我的话归纳一下：要志存高远；不要出入酒吧；要滴酒不沾，或要喝也只在用餐时喝少许；不要做投机买卖；不要寅吃卯粮；要把公司利益当做你自己的利益；取消订货的目的永远是为了挽救货主；要专注；把所有的鸡蛋放在一个篮子里，然后小心地看好它；要量入为出；最后，要有耐心，正如爱默生所言，"谁都无法阻挡你最终成功，除非你承认自己失败。"

To summarize what I have said: aim for the highest; never enter a bar room; do not touch liquor, or if at all only at meals; never speculate; never indorse beyond your surplus cash fund; make the firm's interest yours; break orders always to save owners; concentrate; put all your eggs in one basket, andwatch that basket; expenditure always within revenue; lastly, be not impatient, for as Emerson says,"no one can cheat you out of ultimate success but yourselves."

把我的话归纳一下：要志存高远；不要出入酒吧；要滴酒不沾，或要喝也只在用餐时喝少许；不要做投机买卖；不要寅吃卯粮；要把公司的利益当作自己的利益；取消订货的目的永远是为了挽救货主；要专注；要把所有的鸡蛋放在一个篮子里，然后小心地看好它；要量入为出；最后，要有耐心，正如爱默生所言，"谁都无法阻止你最终成功，除非你自己承认自己失败。"

To summarize what I have said: aim for the highest; never enter a bar room; do not touch liquor, or if at all only at meals; never speculate; never indorse beyond your surplus cash fund; make the firm 's interest yours; break orders always to firm' save owners; concentrate; put all your eggs in one basket, and watch that basket; expenditure always within revenue; lastly, be not impatient, for as Emerson says,"no one can cheat you out of ultimate success but yourselves." yourselves.

把我的话归纳一下：要志存高远；不要出入酒吧；要滴酒不沾，或要喝也只在用餐时喝少许；不要做投机买卖；不要寅吃卯粮；要把公司的利益当作自己的利益；取消订货的目的永远是为了挽救货主；要专注；要把所有的鸡蛋放在一个篮子里，然后小心地看好它；要量入为出；最后，要有耐心，正如爱默生所言，谁都无法阻止你最终成功，除非你自己承认自己失败。

To summarize: aim for the highest; never enter a bar room; do not touch liquor, or if at all only at meals; never speculate; never indorse beyond your surplus cash fund; make the firm's interest yours; break orders always to save owners; concentrate; put all your eggs in one basket, and watch that basket; expenditure always within revenue; lastly, be not impatient, for as Emerson says,"no one can cheat you out of ultimate success but yourselves."

归纳一下：要志存高远；不要出入酒吧；要滴酒不沾，或要喝也只在用餐时喝少许；不要做投机买卖；不要寅吃卯粮；要把公司的利益当作自己的利益；取消订货的目的永远是为了挽救货主；要专注；要把所有的鸡蛋放在一个篮子里，然后小心地看好它；要量入为出；最后，要有耐心，正如艾默生所言，"谁都无法阻止你最终成功，除非你自己承认自己失败。"

To summarize what I have said: aim for the highest; never enter a bar room; do not touch liquor , or if at all only at meals; never speculate; never indorse beyond your surplus cash fund; make the firm's interest yours; break orders always to save owners; concentrate; put all your eggs in one basket, and watch that basket; expenditure always within revenue; lastly, be not impatient, for as Emerson says,"no one can cheat you out of ultimate success but yourselves."

总结一下，我所说的：要志存高远；不要出入酒吧；要滴酒不沾，要喝也只在用餐时喝少许；不要投机；不要寅吃卯粮；要把公司的利益当作你自己的利益；要专注；把所有的鸡蛋放在一个篮子里，然后小心地看好它；要量入为出；最后一点，要有耐心，就像艾默生所言："除了你自己没人能真正阻止你成功。"

While Maimonides and his followers regarded philosophical speculation as the highest duty of man, and even made the immortality of the soul dependent on it; or, speaking more correctly, while immortality meant for them only the highest development of "active intellect" in man, to which only a few attained, the Cabalists taught not only that every man may expect a great deal in the future world, according to his good and pious actions, but even that he is the most important factor in nature in this world.

虽然迈蒙尼德和他的追随者视为投机哲学的最高责任人，甚至作出不朽的灵魂依赖於它，或者更准确地讲，而永生意味著不仅为他们的最高发展"积极的智慧"在人，其中只有少数几个实现， Cabalists教的不仅是每个人可以指望得到了大量的未来世界，根据他的良好的和虔诚的行动，但即使他是最重要的因素的性质在这个世界上。

I suspect that the immense power of the computer is being harnessed to this 'paper economy', not to do the same transactions more economically but to balloon the quantity and variety of financial exchanges…I fear that, as Keynes saw even in his day, the advantages of the liquidity and negotiability of financial instruments come at the cost of facilitating nth-degree speculation which is short-sighted and inefficient.

我认为计算机的巨大力量被"虚拟经济"所挟持，不是为了更经济地执行交易而是为了扩张金融交易的数量和种类……我担心，正如凯恩斯当年就发现的，金融工具的流动性、流通性所带来的好处是以助长短视且无效的N倍投机活动为代价的。

One does not have to look back of the last century for the beginnings of the present complexities of trade and perplexities of commercial speculation, nor for the portentous birth of national debts.

人们无需追溯到上一个世纪去探寻目前贸易上的复杂性和使人困惑的商业投机行为是怎样产生的，也无需这样做来了解国家公债是怎样奇异地诞生的。

Real estate investors will not be able stockjobber as easily as buying and selling.

房地产投资者将无法股票投机商人一样轻松地购买和出售。

With Death guitarist Schuldiner adopting vocal duties, the band made a major impact on the scene.

随着死亡的吉他手Schuldiner接受主唱的职务，乐队在现实中树立了重要的影响。

But he could still end up breakfasting on Swiss-government issue muesli because all six are accused of nicking around 45 million pounds they should have paid to FIFA.

不过他最后仍有可能沦为瑞士政府&议事餐桌&上的一道早餐，因为这所有六个人都被指控把本应支付给国际足联的大约4500万英镑骗了个精光。