CHAPTER LI.

ARBITRATION.

How the System of Settling Disputes and 561

Misunderstandings by Arbitration has Worked in the

Stock Exchange.—Why not Extend the System to Business

Matters Generally?—Its Great Advantages over Going to

Law.—It is Cheap and has no Vexatious Delays.—Trial

by Jury a Partial Failure.—Some Prominent Cases in

Point.—Jury “Fixing” and its Consequences.—How Juries

are Swayed by their Sympathies.—A Curious Miscarriage

of Justice before a Referee.—The Little Game of the

Diamond Broker

Fifty years in Wall Street · 第 51 / 105 章