The original stock of $3,000,000, of which the state was to subscribe $2,000,000, was increased in 1855 to $4,000,000, the state subscribing the added million.
Metternich was anxious to secure an apparent unanimity of the powers to back the Austrian intervention in Naples, and every device was used to entrap the English representative into subscribing a formula which would have seemed to commit Great Britain to the principles of the other allies.
The issue of this circular by subscribing firms, on the basis of particulars collected by brokers appointed at a weekly meeting, gave rise in 1841 to the Cotton Brokers' Association, to which the development of the market by the systematizing of procedure is largely due.
At the close of 1906 this road was handed over to a joint-stock company with a capital of 20 millions sterling, the government contributing 10 millions in the form of the road and its associated properties; the public subscribing 2 millions, and the company being entitled to issue debentures to the extent of 8 millions, the princ~pal and interest of these debentures being officially guaranteed.
Still, it was devoid of political significance, unless backed by the united force of all the princes and states subscribing to the Evangelical teaching; and this unity was wanting.