Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-06-20
FACT AND GOSSIP
IN MONEY MARTS
This Particular Letter Being a
Discussion OF the Value of
Travel.
BY q. c. EnRREs

By 3. c. FORBES.
NtN YORK, June 20 1t does us good
no rub against our fellows We are all
api TO slide into a rut and stay there
narrowed in vision and fossilized in ideas
wise man once said that the best rec
leatlon was a change of work-meaninG
10 turn temporarily from one subject to
another He might have added that a
"dnee OF scene a change of surround
'1ss and an exchange of views with other
.l'nds would form an excellent substitute
-\o'hlhg is more refreshing, more broad
tuing' more stimulating and more pro-
'uetlVe of wisdom and liberation. It
teaches US that our own little groove is
'of aH-lmportant, that other people have
rows to hoe and problems to solve. and
'ud. "Aat looms so tremendously large to
may not after ALL affect The fate Of
nations
}ls lesson has been taught me afresh
r week S tour in this country and Can
8aa. curing which the thoughts and con
ems Oh many minds were impaired TO
me- We in New York fancy that we are
eNef"helninsly important Some who
breathe the stock exchange air ina CINE
NAT the eyes Of the whole country are
qdIly and hourly glued to the tape that
oufis from the floor Of that institution.
4 two point rise in Reading ~, three
point drop in Steel is weighted with ire
Inehdous significance whereas IT may re-
uect only the fleeing whim of a ten
thousand share operator
one thing ! learned mot WITHIN, ...,o
regret. is that Wall street is erose1,, vie
understood and undul,, n,eIierra1 ~.
proper functions arc mot GRO s,,o74 t,,,4 49,.
foolish capers are well Lpou-, ond ~
paren;Iy interpreted ae rorrosortina "a
real work of our Great 6na,,oiai - ~,
far tho greatest mart on tti, r ~
atlantic. Stock EXCHANGE housoe r',.o
been beNsii1ine mo ab.onoa 80 n,.,t,io
trading. Nav hot mic foui,a ocr So
stock SPECULATION nrovo of al,,;,a
benefit TO the nationo n r,o,, i. -aa .
against Wan street ana on 80, ~
phrase imnlies &c tho ,,afort,,ra.a t.i,a.,.
who has hcen induced to snoo,,lota ~,
margin and has lost ever, oont IL ;s
an enemy ~ "enanco" for 1ifo o,.or
though tho f,,lt u.os ,i,,o ,.,,.,,.. -,
IN his own
The man who merely invests in a legit-
mate stock or bond and earns a steady
return ON his money is not apt to rail
against capital and capitalists without
rhNme or reason. Happily, the United
States is today rearing more investors
and fewer spectators. This is Of meal
cuable value alike from d financial a
We have been lold from influential
sources OF late that the people are not
botherins their heads over politics. This
is not true, Within the last ten DAVIS |
nave talked with perhaps two hundred
peonle OF all classes from agricultural Ia
borers. railroad porters and walters to
The heads Of the principal railroads banks
and Industrial enterprises in the United
States and Canada, but in no stratum Of
society did ! find Indifference to politics.
True some Of those higher up-including
George NJ Reynolds. president of Chi
ago largest national bank and Sir Ed
mund Walker. head of Canadian bank
jhe people were ready to so ahead ire
~reetiye Of politics vet u closer ques-
'onlns the5 admitted that quite possibly
Ifosperl} would not not. develop a goodly
ahsted had been told so often nv New
York dnsnciers MAT notifies did NOT mat
Tor a bufton mai I hal aIn,oet on,,,, -,
believe IT, Now know from hrst-6and
mai ne people do sin na,. attcnf;on r.
noHli,.al disturbances and rest,ain ti,oir
energies until they can better diaonoso
Inc outlook
Farmers are losing heart over the treat
ment they receive from those who buy
certain Of their products The beef trust
Isl. of course, sharply hated-one did not