Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1915-09-09
FIXED INVESTMENTS ARE HAZARDOUS.

Great Britain is making heavy shipments of gold t.
tins country IN order to bolster up confidence in her financial
integrity well for necessity of meeting demands
fnancies this side Of the Atlantic With the gold will also
come large blocks OF American securities which will be sold
pay for necessities
The nanciers this country will soon begin rigging the
market for sale of large blocks European war bonds thru the
medium of the press and will be long until general wave
OF newspaper optimism will appear concerning the and
the chances of complete victory 1t is evidently intention
OF the money kings to unload the American investing public
the weaker class of securities and there will general
slaughter of the gube doubt when the final reckoning
made
Europes necessities will force upon warning govern
ments the alternative Of making liberal discounts in
order to keep up credit at the fnancers will
scoop IN the heavy profits from those and then
attempt to unload the American investing public bonds that
may be worthless nearly when victory efforts
OF either the allies or the central powers.
Inside of the sixty the war bonds of all Eropean
nations will be thrown upon the market in this country for
to the people and if after superficial study of existing
conditions IN Europe this plan successful there help for
people who will allow themselves to be baed parting with
money and substantial property investment that must be
considered extremely hazardous at angle of foresight
1here IS absolutely nothing at this stage of European
conflict that early peace integrity of the
governments engaged and European securities the widest
OF wildcat pecuatons Unless bought at discount of fifty
70 per cent they not good long chances
and II 1t was not for the supreme confidence the fnancers
That they could unload them people they would not
hazard taking them off European hands,
Neither the European bonds our own American rail
ROAD securities safe investments for the general public
under existing circumstances.
Will continue indefinitely and that when the railroads finally
become pubic property the people will tax themselves heavily
Tor hall century by taking the roads at fictitious vaua
oh IN the other hand there absolutely vctors
III sgn IN the European struggle hope that the war will
eno within three years Victory ultimately certain for
the allies III long fight but physical exhaustion is certain 70 he
the result even victory their efforts Three wears war
at the present rate of destruction and money
reputation on large scale by the method substituting IT.
redeemabe paper for that bearing gold obligation and
redemption This change to irredeemabe paper if it is fn
legal tender will be splendid thing for masses as whole
but very disastrous for bond investment holders be-
cause IN eras OF reconstruction and initiation money the
actua investment IS productive industries which are stmnla
ed ana extended hand offer profit than fixed in
Vesments This will be doubly so when world debt has
reached impossible proportions and becomes SO heavy
mat reputation of existing contracts anarchy faces the
European people in the face.
FIXED investments of any kind very hazardous in times
81 oehtous as the present because all institutions
are beng strained to the breaking point the ntergtv of all
european governments hangs in the balance
Line people should demand that insurance and bank man.
aseeht IN the United States entirely shy of European
STOCKS ana bonds unless the directors and owners are held
oshVe liable with their personal property for any loss
incurred by their institutions from collapse and possble dos
ucuon OF European governments before even the begnnnp
Oh the new year-Marcus Day in New Freedom