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I now too late discovered the great rashness of which I had been guilty in discharging the ballast , and my agitation was excessive . Many of them are , as Mr. M. himself expresses it , entirely narrative , and give the most authentic and minute accounts of the various movements of the writer at different periods of his life , particularly after his removal to Richmond , and during his labors in establishing the Union Theological Seminary . That the public were misled , even for an instant , merely proves the gross ignorance which is so generally prevalent upon subjects of an astronomical nature . Holding within my teeth the instrument thus obtained , I now proceeded to untie the knot of my cravat . Thus , the pattern in emerging market economies that liberalized capital inflows has been lower investment in the modern sectors of the economy , and eventually slower economic growth ( once the consumption boom associated with the capital inflows plays out ) .