The Bridgeport evening farmer., 1910-01-31
BANKER CIEWS' VIEWS.

Included in Banker Henry CleWs' weekly review of conditions is the following:
 Some day investors will come to realize that no industrial security earning large profits based purely on monopoly can be regarded as having value of permanent stability. Indus trial monopolies-thoSe based on pat ents excepted-are regarded as against public welfare and will al- ways be exposed to popular attack; hence their undesirability as invest ments-
 In other words. such monopolies cannot be long-lived. It is doubtless the popular wish that such should prove the fact That they are against the public welfare, is almost, if not quite. an automatic proposition. Up- on the pending and pressing question of the high cost of living, MT. Clews says
 The agitation has an important political significance, inaSmuch as the discontent which it implies unless checked may easily be the occasion for a great deal of radical and in- furious legislation. Already investi- gations are being initiated that will furnish material for the agitator, and unless some means are found to satis- fy this discontent it may easily be- come a much more disturbing factor than has yet appeared. If an in- vestigation can be conducted free of political animus, it may accomplish much good by provoking discussion and showing what are the real rea- sons for present high prices.
 But MT. Clews declares that little yariaf non ha avnoofod from cla tion," in which view he is probably correct, for the present Congress with Aldrich in control of the Senate end Cannon holding the House at his will, no effective antitrust action can be taken. MT. Clews believes that the movement with time and patience will work out it's own solution,'' in which view we are unable to coin eide The Beef Trust is already plan ming to advance the prices lowered during the boycott to the former rates so soon as the boycott ceases Its apparent purpose is to effect an artificial scarcity of meats. If the people await the processes of time and patience and nature for a re- duced cost of living, they will prob ably become Methusalehs before it's arrival
 With regard to the stock market, Mir. Clews says:
 While there are reasons for unset clement the fact should not be for gotten that the better class of stocks have now reached a point where they are sure to attract the attention of investors. With decline of 10 to 90 points in many of the best issues it is evident that their investment qualities are much better than three months ago. Stocks are now being quietly picked up by shrewd buyers for permanent holding, and should the decline go much further it will be found that the floating supply of securities has been materially dimin- <isRed. Stocks have gone from weak into stronger hands in considerable volume, and the possibility of the bears meeting with further success on the decline is constantly diminishing Fundamentally, conditions are sound and the prospects are that before midsummer the market will reach a considerably higher level than the present one. While the present tone possible that still lower prices may be reached. but the better class of stocks can be considered as a purchase up- on all pronounced breaks, for the {. market is near bedrock figures and any important decline is sure to bring cut strong buying