The Pulaskian., 1920-01-02
MARKs-AMERIcAN AND GERMAN.


 Even investors of short memory can recall the advice of the Wall Street wiseacres and fnan- cial medicine men who urged their followers to buy 52-cent Russian Tubles when they were selling for 80 cents in the hope Of reaping handsome profit when the end of the war should restore Russian exchange to it's old-time levels. This ad- vice was widely acted upon, and millions of hard, sound American dollars were put into soft and slippery Russian rubles. Most of them are there yet
 At no time since the counsel of these monetary medicine men was given and taken has Russia been able to boast single flourishng uncurtailed industry except that of printing paper money. The natural result is that if one desires quota ton on rubles one scarcely knows whether to turn to the ragnan or the money changer, for 1t is mainly the high cost of paper that gives percepti be value to the output of the bigedition printing house of Lenine < TrotzIy
 The theory upon which the spectators in Rus sian exchange acted at the time was entirely log cal-conditioned by the provso that nothing upset the apple cart. But something did upset the apple cart and splinter it to match sticks.
 These facts are common knowledge to every reader of daily financial pages; yet the country still harbors persons who firmly believe that no more apple carts can be overturned. Every week letters come to us from correspondents who had wit enough to anywhere from five to twenty five thousand dollars. asking if we do not think they would do we'll to put their money-tbe dear7k est money in the wolld-into German marks.V They plainly wish us to encourage them to do Sweets to the sweet, marks to the mark!
 Liberty Bonds are too good for these inqulers; or else not good enough First mortgages on home and real estate not safe enough for them; or perhaps not exciting enough. They wish to be assured that German marks-selling, at this writ ing, for about the price of morning newspaper are dirt-cheap and can in the not very distant future, be cashed in at g cents apiece.
 Perhaps they No man can prove the con- trary Yet to such inqurers we are moved to say. If your desire to gamble is irresistible why not have the fun of gambling? Why not, for exam pie, put your savings on roulette table, where you can Ieckon the chances against you with far more accuracy than you can possibly forecast the hazard of German marks? Or if roulette has an over- clancy sound why not investigate the game called faro, which is said to give chance to player as well as to banker? Or if action swift furious and decisive, is what you crave is there no dusky youth at hand to induct you into the mysteries of the galoplng bones and their use in a sport sometimes known as African golf?
 Any one of these cloth-fied sports affords ann pie opportunities for losing any reasonable sum of money with conclusiveness and dispatch and they player to keep his eye on his money every mo- ment from the instant it leaves his pocket until the instant 1t has ceased to be his4
 Taken by and large speculation in foreign ex- change Is by no means the most alluring or anus ing of our Well-lSnown games of chance.