Another of the many sins justly charged against the "kings of finance" was this: They would buy properties worth, say, ten millions of "dollars" (the value of the dollar is now unknown) and issue stock upon it to the face value of, say, fifty millions. This their clamorous critics called "creating" for themselves forty millions of dollars. They created nothing; the stock had no dishonest value unless sold, and even at the most corrupt period of the government nobody was compelled by law to buy. In nine cases in ten the person who bought did so in the hope and expectation of getting much for little and something for nothing. The buyer was no better than the seller. He was a gambler. He "played against the game of the man who kept the table" (as the phrase went), and naturally he lost. Naturally, too, he cried out, but his lamentations, though echoed shrilly by the demagogues, seem to have been unavailing. Even the rudimentary intelligence of that primitive people discerned the impracticability of laws forbidding the seller to set his own price on the thing he would sell and declare it worth that price. Then, as now, nobody had to believe him. Of the few who bought these "watered" stocks in good faith as an investment in the honest hope of dividends it seems sufficient to say, in the words of an ancient Roman, "Against stupidity the gods themselves are powerless." Laws that would adequately protect the foolish from the consequence of their folly would put an end to all commerce. The sin of "over-capitalization" differed in magnitude only, not in kind, from the daily practice of every salesman in every shop. Nevertheless, the popular fury that it aroused must be reckoned among the main causes contributory to the savage insurrections that accomplished the downfall of the republic.