Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER IV THE LAW OF EQUAL AND OPPOSITE REACTION THEORY OF THE COMPOSITPLOT AL that has been said up to the present regarding Fundamental Statistics has been to show their great value to bankers, merchants and investors. It is now time to show how the subjects heretofore mentioned are studied, and what justification we have for using the laws upon which this work is based. All readers at once associate the name of Sir Isaac Newton with an apple falling from a tree. This is because Sir Isaac was the first who asked why apples fall down instead of up, which question led to his discovery of the law of gravitation. It is evident from a study of Newton's life, however, that he may have considered his greatest work, not the discovery of the law of gravitation, but rather his researches into the Law of Action and Reaction.f Newton felt that his studies of the law of gravitation were practically complete, and nothing new would be discovered from further investigation thereof. He was sure, however, that he had only made a meagre investigation of the Law of Action and Reaction, and that research into that law would be rewarded by new and wonderful discoveries. Briefly, the Law of Action and Reaction is, "To every action there is always opposed an equal reaction." See page 15 of Newton's Mathematical Principles of Natural Philosophy—"Motts Second Edition." tFor brevity this law is often referred to as the Law of Equal Reaction. A 144 140 136 132 128 124 120 116 112 108 104 100 All Rights Strictly Reserved and Protected BabsoE 1907 1 EXPLANATION —i—— The solid red Une is a record of Important rallies and declines of 40 stocks. The red scale figures under 1919 refer to this Une. . The dotted red Une Is a record of the aver- age yield of twenty active bo...