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单词 intermediation
例句 intermediation
But he’s also learned how to use the platform as a way of getting around the news media, talking to fans directly without the intermediation of inquisitive reporters or critics. ArtsBeat: A Shameless Ploy for the Attention of Kanye West 2010-10-20T13:00:00Z
“An easily accessible, rationalized marketplace of relationships: This was the big game-changing difference between online dating and other forms of relationship intermediation,” Slater notes. What does OKCupid want? 2013-02-16T17:00:00Z
Who needs a late-night chat with the stars when stars are available on Instagram and Twitter, 24/7 and without intermediation? Making Talk TV for a Post-TV Generation 2018-11-05T05:00:00Z
The authors propose some modest solutions, all of which boil down to less reliance on technological intermediation and better television analysis of what fans at home are actually seeing. What If We Had Perfect Robot Referees? 2017-03-30T04:00:00Z
Smarter people have been employed in finance in recent decades, using more sophisticated technology, but the quality of intermediation has got worse. The money trap 2015-08-20T04:00:00Z
Marketplace is a consumer to consumer service so it cannot fall within the definition of an online intermediation service and Messenger is simply a chat functionality of Facebook, the company said. Meta appeals against EU gatekeeper status for Messenger, Marketplace 2023-11-15T05:00:00Z
"Our banking subsidiaries continue to experience challenges on their intermediation margins as a result of the rapid increase in the cost of funds," the company said in a statement. Colombia's Grupo Aval posts 75% fall in profit as bank margins fall 2023-08-17T04:00:00Z
Over the past decade, at least eight independent broker-dealers have been either bought by bigger firms or closed shop, a Reuters tally shows, taking out intermediation capacity from a market that needs more of it. In the Market: Small Treasury brokers seek reforms as ranks thin 2023-07-17T04:00:00Z
"Given the central role of regional banks in credit intermediation in the U.S., worries about their liquidity positions could result in a sharp contraction in lending to some segments." Global debt on the rise, emerging markets cross $100 trillion mark, trade group says 2023-05-17T04:00:00Z
The aim of the proposed rules is to improve market quality and efficiency, by boosting competition for retail stock orders and reducing unnecessary intermediation, SEC Chair Gary Gensler has said. Wall Street pushes back against SEC stock market reforms 2023-03-06T05:00:00Z
He said commissions collected by Forry were "the price paid for intermediation work provided to bring together buyers and issuers of bonds". European prosecutors hear Lebanese bankers in c.bank commission probe 2023-01-20T05:00:00Z
That masked a weaker trend in the credit intermediation or banking, which has declined modestly over the last 6 months after staying flat for most of 2021 and early 2022, he said. Big U.S. banks show brave face on jobs as Goldman Sachs cuts staff 2023-01-13T05:00:00Z
The Treasury market has grown as U.S. government borrowing increased, but intermediation capacity has not kept up. In the Market: Small Treasury brokers seek reforms as ranks thin 2023-07-17T04:00:00Z
"We remain focused on finding a solution for our borrowing and lending intermediation business and reaching the best outcome for all affected Genesis lending and Gemini Earn clients," said the spokesperson for Genesis. Gemini's Winklevoss calls for removal of DCG chief Barry Silbert 2023-01-10T05:00:00Z
BCA's Swift said while the Treasury market has grown dramatically since 2008, dealer intermediation, has remained low, noting that regulations made it less appealing for dealers to undertake such activity in the Treasury market. Analysis: Nagging U.S. Treasury liquidity problems raise Fed balance sheet predicament 2022-11-08T05:00:00Z
"The FSB has spent a disproportionate amount of time looking at money market and regulated open-end funds. Other types of non-bank financial intermediation activities have been overlooked," Pan said. Britain to go it alone for now on reining in 'shadow banking' 2022-11-02T04:00:00Z
Last year Italy's competition watchdog ruled that Amazon had used its dominant position in the Italian market for intermediation services on marketplaces to favour the adoption of its own logistics service by sellers active on Amazon.it. Italian court suspends decision on Amazon's record fine appeal 2022-10-28T04:00:00Z
From an economic point of view, banking is any form of financial intermediation that offers people seemingly liquid assets while using their wealth to make illiquid investments. A Nobel Prize for the economics of panic 2022-10-14T04:00:00Z
"The danger comes from the fact that you have long intermediation chains that make it difficult to know what exactly the exposure and the risks are," Massad says. Analysis: Confusion, but not panic, reigns in global finance in Russia’s wake 2022-03-07T05:00:00Z
The Fed, however, cannot do anything to resolve the intermediation issue. Analysis: Nagging U.S. Treasury liquidity problems raise Fed balance sheet predicament 2022-11-08T05:00:00Z
“There’s tremendous need for intermediation in this market.” Opinion | Zillow sent its algorithm to take on the housing market. The housing market won. 2021-11-09T05:00:00Z
“In the event of a substantial and rapid adjustment in global financial markets, financial institutions’ health may deteriorate and disrupt financial intermediation that could then further hurt Japan’s economy,” the report said. BOJ says Japan's banking system stable, warns of risks 2021-10-21T04:00:00Z
"It means Australians can have more control of their financial destiny rather than being dependent on endless intermediation," committee chair Andrew Bragg said. Australia should change laws to accommodate crypto, Senate report says 2021-10-21T04:00:00Z
“One of the most compelling use cases is in the international realm, where intermediation chains are opaque and long and costly,” Brainard said on Friday. Fed's Brainard: Can't wrap head around not having U.S. central bank digital currency 2021-07-31T04:00:00Z
What happened was in the 1800s, you had all these department stores that popped up and they created this massive intermediation. How Shopify’s network of sellers can take on Amazon 2021-05-04T04:00:00Z
Kelly is a middleman’s middleman — an intermediary in an industry that exists to turn intermediation into profit. The Man Who Turned Credit-Card Points Into an Empire 2021-01-05T05:00:00Z
“Ongoing increases in the stock of Treasuries may result in greater peaks in the demand for intermediation,” said Logan. Threats to U.S. Treasury market liquidity still exist, Fed says 2020-10-23T04:00:00Z
Independent refiners commonly use what are known as intermediation agreements, where a bank agrees to supply a refinery with crude oil and then buys and resells the refined products. How an ill-timed bet on a U.S. oil refinery cost ICBCS millions 2020-03-04T05:00:00Z
That allowed the party to help Hicks win the election with rampant intermediation of voters at the polls. Hogan condemning Trump tweets signals shift since 1800s on Maryland politicians, immigration 2019-07-21T04:00:00Z
“This might disrupt transaction banking and financial market intermediation,” Weidmann, who also sits on the European Central Bank’s Governing Council, said. Bundesbank's Weidmann says 'virtual' coins could undermine banks if... 2019-06-21T04:00:00Z
In her amendment, Schaldemose referred to investigations by antitrust regulators in the European Union and elsewhere into online intermediation services’ dual role as a marketplace and as a rival on the same platform. Exclusive: Key EU lawmaker's plan to rein in online marketplaces a... 2018-10-12T04:00:00Z
This intermediation would also put pressure on banks to pay higher interest rates to depositors. Opinion | Narrow Odds for Narrow Banks 2018-09-12T04:00:00Z
America’s banks play a crucial role in global financial intermediation, helping to propagate changes in sentiment around the world. Rate rises affect global markets—and may feed back to America 2018-06-14T04:00:00Z
The tax is expected to apply to digital advertising, which would bring in companies such as Google and Facebook, and to online platforms offering “intermediation services”. EU to unveil plan to tax turnover of big U.S. tech firms 2018-03-20T04:00:00Z
“There is still room to develop financial services in order to further reduce intermediation,” he said. Russia's MTS bets on 'fancy' fintech to capture clients 2017-10-13T04:00:00Z
Prices posed directly to the site: Three or more lenders provide posted prices to the site directly from each lender’s internal pricing system, without the intermediation of loan officers. Here’s how the dysfunction of the home-loan market could be fixed 2017-01-21T05:00:00Z
It also came in 25th on “intermediation of business investment” — in other words, the amount of money that goes into productive investments, such as research and development and infrastructure as opposed to share buybacks. What to Make of the ‘Davos Class’ in the Trump Era 2017-01-16T05:00:00Z
Opaque activities in finance are not limited to credit intermediation. 6 ways to radically reform our corrupt financial system 2016-03-29T04:00:00Z
"It is crucial to understand the effect of regulations and possible changes in financial intermediation on monetary policy implementation and transmission," Yellen added. Fed must weigh impact of new financial market landscape: Yellen 2015-11-12T05:00:00Z
“There is still room to develop financial services in order to further reduce intermediation,” he said. Russia's MTS bets on 'fancy' fintech to capture clients 2017-10-13T04:00:00Z
The idea seems to be that the conservative worldview would surely be adopted by more Americans if not for the dastardly intermediation of leftist reporters and editors. Ben Carson and the conservative culture of victimization 2015-11-09T05:00:00Z
“If producers and consumers wanted to meet at the same time in the market, you’re right, intermediation would be a lost art,” he said. Gary Cohn Says Goldman Sachs Will Adapt to Survive 2015-11-03T05:00:00Z
These three broad styles of financial intermediation may be respectively described as investment, trading and analytics, and the groups of people who engage in them as investors, traders and quants. Wall Street is just this dumb: “There are traders who are smart, though not many” 2015-10-31T04:00:00Z
But market power over capital intermediation, society’s mechanism for deciding what to invest in, is far more concerning. Wall Street’s sinister disappearing act: How it still endangers America — while Washington looks the other way 2015-07-13T04:00:00Z
Activities within “depository credit intermediation” include the activities of commercial banks, savings institutions, credit unions, and other financial institutions that accept deposits. Moneygram Loses Big In Tax Court And Nobody Seems To Care 2015-01-26T05:00:00Z
This change would strengthen private sector incentives to increase financial intermediation, improve the links between savers and investors and help get new business projects off the ground. Repealing Banking Regulations Is the Best Path to Financial Stability 2015-01-05T05:00:00Z
Before in fact: there’s plenty of Biblical and Koranic injunctions insisting that income redistribution must be done even if not necessarily through the intermediation of the State. Piketty Didn't Change Economics When He Argued For Income Resdistribution 2014-11-18T05:00:00Z
Stock markets provide the clearest, and perhaps most important, illustration of these approaches and the changes in the nature of intermediation in the era of financialisation. Wall Street is just this dumb: “There are traders who are smart, though not many” 2015-10-31T04:00:00Z
“The changing nature of financial intermediation has shifted the locus of crisis risk towards mortgage lending booms,” the authors wrote. More Renters, Less Risk for Wall St. 2014-10-28T04:00:00Z
And Hamas continues to spurn offers of intermediation for peace from Egypt and elsewhere. What Is Hamas Trying To Achieve In Gaza? 2014-07-14T04:00:00Z
Moreover, the higher saving rate among the latter means that financial intermediation will shift their savings into investment spending, or one of the other categories of non-consumption spending. The President's Minimum Wage Proposal 2014-07-03T04:00:00Z
Her deep body of research into financial intermediation, meanwhile, could make hers a leading voice as policymakers debate how to drain trillions of dollars in Wall Street reserves in the years ahead. Don't assume newest Fed policymaker is a look-alike hawk 2014-05-30T04:00:00Z
Banking is fundamentally about intermediation – connecting borrowers and savers in the real economy.” Bank Of England Governor Mark Carney Puts 'Ethics' At The Top Of List For Business 2014-05-27T04:00:00Z
"Such action minimizes the risk of international crises, but the cost is the rolling back of financial globalization with less effective and efficient intermediation on global savings." BoE's Cunliffe says big banks are still too big to fail 2014-03-17T14:28:26Z
The board said “it’s probable that Match is exercising intermediation fees that are a lot higher than usually exercised in the tourism market.” Roundup: New Goalkeeper Saves a Penalty and Saves 3 Points 2013-08-17T23:16:24Z
“In the United States, 80 percent of credit intermediation goes via the capital markets,” he said. Central Banks Act With a New Boldness 2013-05-28T19:14:23Z
“The model of global intermediation is quietly being deconstructed,” says Ted Moynihan of Oliver Wyman. Balkanised banking: The great unravelling 2013-04-18T15:03:05Z
Shadow banking, broadly described as intermediation by non-banks such as hedge funds, private capital and venture funds, has so far escaped traditional banking regulation even though some regulators say it worsened the global financial crisis. Basking in the shadows? Regulators are watching you 2013-01-26T17:14:38Z
The agreement, signed in Gabon's coastal capital after three days of negotiations under the intermediation of neighboring central African states, also envisages the dissolution of the country's National Assembly. Central African Republic signs peace deal with rebels 2013-01-11T14:35:23Z
At issue in CLS is whether a company may secure a patent for an "abstract idea" concerning financial intermediation implemented with a computer. Google & Facebook Take on Patent Trolls 2012-12-20T14:55:07Z
Eighty percent of financial intermediation goes through the banking system. Central Banks Act With a New Boldness 2013-05-28T19:14:23Z
The services survey includes transport, storage and communication, financial intermediation, business services, personal services, computing and IT, and hotels and restaurants, but does not include the retail sector. UK service sector 'slows again' 2012-12-05T10:52:57Z
But incremental, agile development methods still require intermediation between a development team and the users of the application. Completing the Social Business Transformation: A Manifesto 2012-09-28T11:54:04Z
Here again – in areas like housing, the labor market, credit intermediation, and infrastructure – there is less room for maneuver than most politicians would like us to believe. Winner of US election will have limited economic options 2012-08-02T12:00:01Z
That is, it charges the rest of society more for financial intermediation than it did 130 years ago. Economic Scene: Big Banks Don’t Need to Be So Big 2012-05-23T00:48:37Z
Can external influences, operating through the intermediation of the parental body, affect the germ-cells? Being Well-Born An Introduction to Eugenics 2012-05-22T15:16:53.140Z
“People are afraid of a financial system not based on what they know, which is financial intermediation by banks,” said Nicolas Véron, a senior fellow at Bruegel, a research group in Brussels. Credit Flows Through a New Channel for Europe 2012-05-18T22:37:18Z
The significance of the distinction lies in the intermediation of the general organic unity, not in a qualitative division. A Review of the Systems of Ethics Founded on the Theory of Evolution 2012-03-17T02:01:00.033Z
Such walled gardens can eliminate what we now take for granted and what Jobs originally represented: a world in which mainstream technology can be influenced, even revolutionized, out of left field and without intermediation. Did Steve Jobs Favor or Oppose Internet Freedom? 2011-11-30T14:45:07.400Z
But national accounts blur the distinction between this unproductive "risk bearing" and productive "risk management," where banks provide valuable services of broking, credit screening or intermediation that helps firms and households grow, save and invest. Analysis: Banks' contribution overstated, but retreat painful 2011-11-30T06:57:29Z
Second, there may be several layers of intermediation between the fund manager and the client. American tax law: Scratched by the FATCA 2011-11-24T10:47:57Z
A Treasury-only portfolio “enabled the Federal Reserve to maintain neutrality vis-à-vis the rest of government and the private sector by avoiding credit-risk intermediation and picking and choosing among particular private borrowers,” the study said. Lacker Says Criticism Against Fed Arises From Credit Plans 2011-11-16T19:25:02Z
Second, financial intermediation within the banking system is disrupted. Ronald McKinnon: Where Are the Bond Vigilantes? 2011-10-02T22:21:35Z
ECONOMICS: Douglas W. Diamond of the University of Chicago, for “his analysis of financial intermediation and monitoring.” Annual Nobel Predictions Announced, but Forecasting Prizes Remains a Tricky Business 2011-09-21T18:45:00.230Z
She thanked Him effusively for manifesting Himself to her through the intermediation of her saints, whom she ever continued to see and hear. The Executioner's Knife Or Joan of Arc 2011-09-13T02:00:34.817Z
Among the boons conferred by the introduction of Chinese civilisation through the intermediation of the peninsular states, that which had had the most beneficial and enduring effect was the use of the written character. An Introduction to the History of Japan 2011-08-25T02:00:29.177Z
After April's rate hike a number of ECB members said the corridor -- which also determines how much of a intermediation role the ECB plays in the money market -- should be reset sooner rather than later. ECB to raise rates, play hardball on Greece 2011-07-07T00:14:37Z
No: the soul of Jesus Christ was not introduced into his earthly body through the agency or intermediation of any created intelligence. In Both Worlds 2011-06-08T02:00:17.360Z
Stark said the ECB's non-standard policy measures -- liquidity injections and bond purchases -- are temporary and a return to "more normal liquidity management and to a more moderate scale of central bank intermediation is warranted." Stark says rates "very low," support scale-down warranted 2011-04-12T12:08:40Z
“A return to a more normal liquidity management and to a more moderate scale of central bank intermediation is warranted to avoid distortions in financial incentives with longer-term adverse consequences for the economy.” Stark Says ECB Will Adjust Interest Rates at ‘Appropriate’ Pace 2011-04-12T11:05:02Z
What most accelerated this process of centralisation, however, was the introduction of Buddhism and the systematic adoption of Chinese civilisation, imported, not through the intermediation of the peninsular states, but directly from China herself. An Introduction to the History of Japan 2011-08-25T02:00:29.177Z
Most investors need instruments and intermediation to get into the business. Hedge Fund Guy’s New Best Friend Is Wet, Wet, Wet: Davos Diary 2011-01-28T04:23:14Z
Off-balance-sheet vehicles were used to create further layers of intermediation, making things even more opaque. Economics focus: The great unknown 2011-01-13T10:39:10Z
The criteria for defining a firm will be automated and objective, “with no human intermediation,” as is required for public markets, Galinov said. Credit Suisse Plans Stock Market Aimed at Long-Term Investors 2011-01-11T16:23:01Z
And that Schwertfeger—did I deserve being dismissed by you like an asthmatic old dog through the intermediation of a third person, a horrid, disgusting creature? The Song of Songs 2011-01-01T03:00:25.907Z
"I'd say that 80 percent of global financial intermediation goes through 20 institutions ... and no Canadian financial institutions fit that bill," Dickson told reporters after a lunchtime speech to a Montreal business audience. UPDATE 1-Stay cautious, regulator urges Canadian banks 2010-10-27T19:47:00Z
Fewer bankers were laid off: the credit intermediation industry, which includes credit unions, cut 8,300 workers, a 4.9 percent decline. 2010-02-16T22:07:00Z
The city's credit intermediation sector -- banks, mortgage lenders, credit card companies and the like -- hired 300 workers in December, Brown said. 2010-01-21T20:10:00Z
Posner adds: "The regulators of money and banking—of monetary policy and financial intermediation—were asleep at the switch." 2010-01-13T18:18:00Z
Seated by his side, she read to him all the official reports of the ministers; and when his health began to fail it was through her intermediation that he consented to transact public business. Women of Early Christianity
Madame de Maintenon, faithful to her system of never mentioning unpleasant subjects to him, declined all intermediation; so that Brusson's fate was entirely in Mademoiselle Scuderi's hands. The Serapion Brethren. Vol. II
"The knowledge of the linear lies at the foundation of the knowledge of each form; the forms are viewed and recognized by the intermediation of the straight-lined." Froebel's Gifts
Honorary Fellow of Trinity College, Oxford: and I am also indebted to Miss Elsie Hitchcock for some kind aid at the Museum given me through the intermediation of Professor Ker. A Letter Book Selected with an Introduction on the History and Art of Letter-Writing
Had Blue Beard, by the intermediation of the filibustering captain, instructed the buccaneer to act in this manner if he should encounter the chevalier? A Romance of the West Indies
Their souls were in God and to commune with the Father they had not to have recourse to the intermediation of idols, or animals, or fire, as taught by you. The Unknown Life of Jesus Christ The Original Text of Nicolas Notovitch's 1887 Discovery
On the other hand it is hard to speculate what would have been the fate of these treasures of antiquity without Jewish intermediation. Jewish Literature and Other Essays
The nerves act then on all the organs, and by their intermediation all the unhealthy organs may be affected. Self Mastery Through Conscious Autosuggestion
But on second thought she gave up this intermediation, for reasons which it would have been impossible for her to define. The Faith Doctor A Story of New York
Visual images, whether following upon the psychic image or through the intermediation of a programme. Essay on the Creative Imagination
Without some actual intermediation, oral or literary, the hypothesis of universal human tendency can scarcely explain such a coincidence. Europa's Fairy Book
Through the intermediation of England the claim was adjusted, and peace preserved; and the Americans are little aware what a debt of gratitude they owe to this country for its interference. Diary in America, Series Two
Through its intermediation, the young rabbit becomes, as it were, rooted and parasitic on the mother, and utilizes her organs for its own alimentation, respiration, and excretion. Text Book of Biology, Part 1: Vertebrata
The same thing occurred in other cases, even without the intermediation of a new employing class. An Introduction to the Industrial and Social History of England
They are an indispensable means of intermediation only in so far as pecuniary interests are to be furthered or safeguarded in the intermediation. An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation
Osiris, on the contrary, by the intermediation of Isis, fills the material world with happiness, purity, and order, by which the harmony of Nature is maintained. Morals and Dogma of the Ancient and Accepted Scottish Rite of Freemasonry
The verge V was set up horizontally and the pendulum B, suspended freely from a flexible cord, received the impulses through the intermediation of the forked arm F, which formed a part of the verge. Watch and Clock Escapements A Complete Study in Theory and Practice of the Lever, Cylinder and Chronometer Escapements, Together with a Brief Account of the Origin and Evolution of the Escapement in Horology
All the vertebrae join with their adjacent fellows through the intermediation of certain intervertebral pads, and also articulate by small processes at either end at the upper side of the arch, the zygapophyses. Text Book of Biology, Part 1: Vertebrata
This, then, is merely barter, and in this way of barter a great portion of the annual produce of the United States is exchanged without the intermediation of cash. Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 4
In his important memoir in 1795, the great astronomer declares himself convinced that the substance by the intermediation of which the sun shines, cannot be either a liquid, or an elastic fluid. Biographies of Distinguished Scientific Men
Thoughts and impressions, being intrinsically inactive, were supposed to produce conduct only through the intermediation of this superior agent. Talks To Teachers On Psychology; And To Students On Some Of Life's Ideals
Yet I have great confidence that by your intermediation not only the Emperor of Austria but also the Emperor of France will hear the Heavenly voice, which is sounding in this letter. Secret Enemies of True Republicanism
"But," said Des Hermies, "admitting that you could, through the intermediation of a flying spirit, have been aware of the operations of the priest, how could you have parried them?" Là-bas
Everywhere they discovered that well-marked and easily recognisable groups of animals and plants were succeeded, without the intermediation of any obvious lapse of time, by other assemblages of organic beings of a different character. The Ancient Life History of the Earth A Comprehensive Outline of the Principles and Leading Facts of Palæontological Science
By this lowering of the rate of vibration through the intermediation of the sulphate of quinine, the invisible rays are brought within the range of vision. Six Lectures on Light Delivered In The United States In 1872-1873
I was thinking of the activity of our bodily senses, our direct contact, so to speak, with objects, without the intermediation of reflection, through the touch, the sight, the hearing, and the rest. The Meaning of Good—A Dialogue
Mr. Crane, therefore, urged that in future similar claims should be presented directly by the citizens themselves without the intermediation of attorneys. Neutral Rights and Obligations in the Anglo-Boer War
They depend on which actual path of intermediation it may functionally strike into: the word 'or' names a genuine reality. A Pluralistic Universe Hibbert Lectures at Manchester College on the Present Situation in Philosophy
There are in every class half a dozen bright faces to which the teacher naturally directs his discourse, and by the intermediation of whose attention he seems to hold that of the mass of listeners. The Atlantic Monthly, Volume 05, No. 27, January, 1860
When his train wound into the rough open space, it found itself surrounded by a troop of men whose looks and gestures bespoke their function without the intermediation of an interpreter. The Atlantic Monthly, Volume 01, No. 03, January, 1858
To the principle of such intermediation Sir Charles had no objection. The Life of the Rt. Hon. Sir Charles W. Dilke, Volume 1
This latter labour, however, he seems to have taken entirely upon trust from Muller, a German editor and translator, probably through the intermediation of Bergeron, an early French editor of voyages and travels. A General History and Collection of Voyages and Travels — Volume 01 Arranged in Systematic Order: Forming a Complete History of the Origin and Progress of Navigation, Discovery, and Commerce, by Sea and Land, from the Earliest Ages to the Present Time
So he concluded to send the enclosure up to the Palace without the intermediation of the High Admiral, a course which would at least save time. The Prince of India — Volume 02
There is an immense chain of intermediation, extending from center to extremes, which bereaves every agency of all freedom and character. Representative Men
What we want is to get nearest to the artist himself with the least amount of interpretation or intermediation on the part of the engraver. The Library
Your agency and intermediation can be of little consequence to one who will win or lose all, as lawful right or unjust usurpation shall succeed in the struggle that is about to ensue. The Black Dwarf
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