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... sting in gold mines, rashly putting this money into a newly established mining company will only incur the hostility of local bankers in the New Continent.

Although the funds that the bankers in the United States during this era could mobilize were far less than those of the established bankers in the Old Continent, the bankers entrenched in the Old Continent could leverage their local advantage of foreign capital from the Old Continent for strikes.

Despite the few "Pioneers of t ...

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