Evening star. [volume] (Washington, D.C.) 1854-1972, 1918-12-15

smaeT in t9ndon and Bsrn and in the
and d be naeo 6a4 s bhn h M
with merchandising principles The European merchant
hank lido mot lock commodity collateral
produce sufficient proceeds qudate the borrowers
viii he OBJ
cation when the commodity reaches its final destination
that commodity Collateral is only good for What viii
whether commodities have reached their destination or
the place of consumption
is Rs BanRaf 5 Rs that the
hep prGduet r and to assist carving commodities from
lowest possible rate Of interest Three per cent
per an would be apple charge the part
against commodity collateral.
The Bank Of England, the Bank of France and the
have always endeavored low rate Of interest
for the movement of commodities and for the benefits of
London has made herself the supreme clearing house of
the worlds commerce by reason Of the fact that her
recognize the principle that low rate Of interest
makes for national welfare in domestic asxe nterna-
made The er Bank sm.s the Napoleon
small borrower, who borrows one Hundred francs,
is entitled to the rate of interest the who Dor
provides collateral for his osa he h@n
his M % % o
ate the law of that losses sustained small
loans The larger the loss larger proportion Of losses
5 bns So that s snyfng the small % the
money lower the large borrower on &C.
count OF the smaller risk attached to the smaller loan
The Reichersbank possible for the development
Of any number Of large industries not only in but
p It s %ss nS the
ing great can be That just the farmer
the benefits good crop must I producer put
his seed under ground in the of Development and
wa; t due to the helping hand extended By
life through helping hand
daeS research p'00'e"S '''Ve the oev' MS
,, We mention s hi: because to the American
speculative and so far from sound Banking that in many
on Of e is Of 9 had be
banker who only deals presents futures
Of selling at or the dos
some leading American bankers and even those nrused
the that the American 1oo-cen dollar selling
Mo Gut to an n who's to the people the
and effort convince officials we'll
States to have good 1ee.eent dollar sell At &C.
pey and '6s S e | sa
because did not want to charge more to the public that
TIE ,ys
Ss ss a 6 @ 5 s t
that should not be permitted to sell under its value in
worth of Spanish products and the Spanish bank
Amer n can public will only worth Of Spanish prod
uets, because after ALL the merchant engaged in inerna
but adds it the cost Of the goods So the ultimate
BILL and he paid hundreds of millions
dollars Of such bills due the depreciation of the
dollar in foreign countries in the last few
We wish in the positive way that it
possible remedy this situation, and it only because
the economic principle not recognized that not
remeded.
THE TRADER
The trader what might be called the middle man
(the who buys cotton, peanuts wheat, clothing
Shoes etc, from producer manufacturer, and
them the hand of the consumer) is almost at
standst knowing what the reconstruction period will
bring about.
The trader, rule is the shock absorber, and every
increase decrease in values is large measure
absorbed by the mddeman Under the present underlined
hand that small stocks reflect higher