In the first place, the public speculates to a large extent on the cotton exchange, and its speculation (taken as a whole) is sheer gambling.
He speculates a world in which virtic, unscrupulous strength of character, shall deal successfully with frailty.
To get his shoestrings he speculates in herds of cattle.
The laborer's day ends with the going down of the sun, and he is then free to devote himself to his chosen pursuit, independent of his labor; but his employer, who speculates from month to month, has no respite from one end of the year to the other.
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