Category Archives: HOW?
348.HOW ARE MARBLES MADE?
It is a curious thing how boys of all times in all countries seem to get the same idea about games. The game of marbles for instance, which is played in every city in this country, has been played all over the world practically since the beginning of history!
Nobody knows just when marbles began, but it probably goes back to the first time somebody discovered that a round stone pebble would roll. And that goes back at least to the Stone Age. Scientists have discovered among Stone Age remains little balls which were too small to be used for anything but games.
326.HOW DID THE STOCK EXCHANGE START?
Many millions of people — possibly half the population of the United States — have a personal interest in what happens on the stock exchange. Some are directly concerned because they are part owners of companies through stock; others are holders of government and other listed securities; and yet another group are holders of insurance policies and savings bank accounts, since banks and insurance companies invest much of their assets in listed securities.
A stock exchange is a market for the purchase and sale of securities, such as shares, stocks, and bonds. Such markets have existed for centuries. They had their beginnings in the regular meetings, usually in a coffeehouse or restaurant, of a few men who acted as intermediaries between buyers and sellers. They did this for a commission.
325.HOW DID OUR LAWS ORIGINATE?
The concept of justice, or law, comes into being as soon as any kind of social relationship is created. For example, Robinson Crusoe, living alone, had no need for laws. There was no one with whose rights he could interfere by exercising his own freedom of action. But as soon as his man Friday appeared, there was a chance of conflict between his rights and those of his servant. Law then became necessary.
The purpose of law is to set down and to make clear the social relationships among individuals and, between the individual and Society. It tries to give to each person as much liberty of action as fits in with the liberty of others.
