Evening star., 1929-12-03
Straight Talks to Women About Money
By MARY ELIZABETH ALLEN.

! attention of all inquirers to the fact
that prices had been inflated, and fu-
ture earnings fairly well discounted or
anticipated Therefore, when the ex-
pected market break or reaction" oc-
Cured, one could expect deflation TO
be greatest in the most highly minated
stocks.
We think this is good time to re-
mind women that securities alone oter
one relative assurance against fluctua-
tions in the values of ones investments.
They do not offer capital appreciation,
but they do offer steady and regular
income.
Those who wish full profits must take
full risks; those wishing half profits
must take proportionate risks. We ad-
wise all woman investors to bank on no
experts" clairvoyance. There Is no
such thing. Furthermore, have you
ever tried to tell a woman with 100
point profit that's all there1l be. there
| can't be any more? We have, and so
| learned the futility of trying to get
| flyers feet back on earth. Small profits
| do not satisfy swollen heads, and big
profits simply whet their appetites for
more. Pity the poor expert or adviser
who depends on mere knowledge and
information in such situation!
| Problem for Mrs" Solomon.
! Solomon had no monopoly on the
knotty problems, as is evidenced by ole
presented to us this week.
It was, briefly, that of a mother
whose son had stolen from his fathers
estate, which he managed and which
he had so depleted that his mothers
| income was seriously curtailed.
We were requested by the mother to
solve her problem. Obviously, we could
not advise her to send her son to Jail
and, at that, nothing would be gained
by that procedure. Her son had spent
his pilfered funds, and so reparation
was not possible.
A man who will steal from his mother
cannot be relied upon to live up to any
written obligation.
We suggested that her son provide
living quarters and board for her for a
specified time. Meanwhile she re-
quired him to give her written con-
fession of his theft and a full acknowl-
edgment of the extent Of his. liability
and culpability.
This situation is one of the saddest
any mother is called to face, but II
does not help to be maudlin over 1t.
One must make Hhe best of 1t. A
mothers first thought should not be
punishment, because scandal will at
tach to her as well as her child. Hel
first thought should be her own sub
sistence, and procedure should be taker
with that uppermost in mind.
Her next step should be to remove
her son from the position of trust which
he occupies and to appeal to the proper
judicial authority to appoint either ar
individual or trust company as sue
cesSor.
Restitution may sometimes be com
PEELED If the son is beneficiary O
funds or properties as yet undistributed
We advised the mother to intrust he
affairs to competent and truthworth.
lawyer and to have him transact al
business with her son. Otherwise, o
course, she might simply be deceivet
and defrauded again.
, Circumstances of this sort are habit
uaI1y concealed, and sometimes prid
and vanity cause doting mother II
; face tragic years of dire want all 70
+ the love Of wastrel good-for -nothin
. child. Mother love is stronger thai
, reason, and that is why we suggested
, to the above mother a course of action
: but added that her lawyer alone coul,
: make 1t effective. It's sad but neces
! sary business, and our sympathy Is al
: one-sided.