Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-12-22
STOCK REVIVAL HAS CONE.
LOSS OF FAITH GIVEN
AS CAUSE OF SELLING
N"crcinn NnsIpcsn Men Arc BesinnIng
I'D RcutIzc Thnt Europe Is
hcutiy Bunkrupt.
ny nnOADAN WALL.

NEW YORK, Dee. 2i.--The revival
mat has come in tho stock market the
IMPROVEMENT Those who believe that
n r,,,. 81 tue recent selling has been
pcci recording losses for income tax
nnrpose, must naturally take "a hope
~, view OF tho market now that such
selling has practically ended. 1t would
nc Just as reasonable. however, to sup
pose that wealthy bears are now
nc ,l,., losses on the short side Of
n lew persons. no doubt, do record
losses in the market. because most OF
S s The people who had the. stocks
haa lost faith in them. Even The man
WI" might want to record losses for
~ believed he could get his securities
back lower, for ne knows taxes for
. I12o VIII be Just as heavy as for 1919:
income taxes for several FEARS.
Millions Are Starving.
II does seem to be Il fact however
int most of the bad news affecting
The, market is fully discounted in
ICES EVER cody understands now
f:wope viii die Of starvation This his" win
i.r ina; is no fault of America. but
simply 80 much more 10 be charged 10
the account OF William. the Muir
I.rer" 1t is too late now 10 save
American business men are begin
hinT TO reaiize that Europe is really
nsnikrypt ard We are NOT displaying
~" proper sporting sp!rit-for "A
sp"rtins spirit is needed now to do,
business With Europe. i'll addition to
business enterprise
Europe cannot pay and Americans
who sell goods abroad must take the
lAnpiins chance OF being reimbursed
sXporters have always followed the
Eigsardiy policy Of extending but
sh1rt credits Even with perfectly
give long term credits and now that
Slic! credits are demanded for custo-
mers admittedly in the throes OF bank
ruptcy the American business man is
proving poor sport.
That fact has more 10 do with the
sltunti2n than anything that is done
Future OF railroads.
As 10 the Immediate future of tho
railroads IN the United States, that is
question no human being can an
prcsidcrt wilson would make some
statemGnt indicating his point OF view
7 would help wonderfully. That aud
Inc treaty are Two subjects Of trcmcr-
hous Importance that ought 10 bc set
tlga. even IL settled wrong The mil
no hope OF an absolutely perfect set
element OF anything for several years.
Nj that any one eau hope 10 do npw
IS 10 csta Dish q niodus VivoRdi.
The American farmer spoke io. him
SSH pretty plainly when he reduced
MS paintings OF winter wheat by H.
"Ov.rUV acres. he is liable TO speak
much more plainly next spring when
chanting other crops
Farmer Nations Hopc.
The American farmer holds tn: dcs-
iin% Of this country and OF the stoCL.
seem 10 he realized generally. Tn.
bLl'kers, the brokers aud the poll
lcians overlook the most important
danger point IN this country when
fh"y ignore the farmer
luds nG from the reduction o, IL
""p,H"v acres IA winter wheat ne is
inclined to tho notion that II might
b. q good thing to take caro- OF his
"wn family aud let others feed them
selves Tor year or so. y coal strike
would not H.. biz enough TO talk about
under :.uch circumstances.