The Bridgeport evening farmer., 1917-10-30
LOAN
WILL Stabilize
MARKET. PRICES


1t appeals to us-as it must to every
common-sense thinker-that those
who are In control of our government
must proceed in the very near future
to settlement on one of the most
vital issues that confronts us-the la
Dor problem, without which-as one
writer puts fit Is very much to be
doubted that there can be any real
return of confidence to investment
capital in railroad securities, and, as
a consequence, that degree Of expan-
sion OF railroad mileage and equip
ment so sadly needed in every city
and hamlet of the entire country"
ISN'T 1t about time that the Interstate
Commerce Commission woke up to the
situation that confronts the railroads,
and grant them the relief they seek?
Isn't Il about time that the great
army Of holders Of railroad securities
OF different Glasses throughout this
country should perfect their organiza-
<icn and push the issue to q conclusion
IN to the rights they have as citizens
OF the Nation who have invested bill
Hons OF money in the development of
the greatest business of the United
@tates-that Of the transportation? IT
holders of railroad securities could be
Khnroughly aroused and a campaign
&c tFedNeattons initiated the situation
mfxht bes driven home forcefully to
the members of the legislatures of the
country. to every citizen and to every
voter. Look at the. decline in the
/ prices of the best American railroad
stocks! See the unparalleled low
levels which railroad bonds and stocks
have reached! The vital question
which confronts owners of railroad Sc
curities as well as presidents and
maragers of the roads is what are we
going to do to be saved ?" Are all
on. properties going into the hands OF
Eeceivers? lis the greatest industry
the country has to be bankrupted!
WIN there be wiped out the invest
ments of widows, orphans, savings In
stitutions and great corporations
which have heretofore considered rail-
road securities the best investment In
the land? Wake up; we say! Wake
up, Interstate Commerce Commission!
Wake ND, Senators and Representa-
tives in the Congress Of the United
Statess Wake up, Senators and Repre-
nentatives of every state where there
ARE railroads. Realize what we are
confronting! Leg1slate promptly and
favorably-and save the railroads OF
the countryi
The entrance into the Federal Re-
serve Banking System of the United
/ States Of many large banking institu-
tons heretofore outside is looked upon
\ with considerable satisfaction for the
reason that it means consolidation OF
hationaI money power-somethtng
Z that gave to Great Britain it's financial
1 supremacy through the Bank OF Eng
4 land. This is expected to have very
beneficial effect in moving the vast
amount of war business that lis COM
mencing tor get under way and which
will be carried rapidly forward when
che proceeds of the liberty Loan shall
1 have been circulated among the In
dustries Of the Nation. The meeting
ox the directors of the. u. 8. Steel Cor
Doration next Tuesday is expected to
- followed by the publication OF
very good quarterly earnings report
Bethlehem Steel stock is reported to
" have gone hack largely into original
Hands during the break in the stock
market. Its untitled order total OF
4 half q billion dollars has encouraged
renuying of the securities of this great
GorpOrACfOn, WHICH 10 6ApoClou " SAio "
$50 a share earnings for the common
stock during the. current year.
AZ We are gratified to note the results
OF the Liberty Loan work, and believe
that our people will come to still
greater realization Of the necessity for
purchases Of the bonds to the full ex'
tent Of their means The government
needs our whole and hearty support
both in men and money. It has beer
4. busy week for everybody in and ou
Of the financial line. Tho Stock Ex'
change has been devoted to urgtnf
subscriptions for the Liberty Loan ant
selling bonds on the church-fair ba>
efs by allotment more than to thu
price for stocks. which have not re-
csived the serious attention from thu
investor or specu1ator that might 9th
efN1se have been the case. From oul
point Of view the success Of the Liber
ty~L0an will help to stabilize prices
I'm the market for securities ana LENT
Acknowledgement to those who ar
closely identified with II.
xrMR ~ TNNKnT AVT