Show MANY EVENTS VENTS E I OVERSEA SEA ARE AIDING BEARS I G General n ral Tendency of News Nes Seems Scents to Depress Stock Values By Wall all New York Jan 18 College professors sors sori stock market plungers and office hoys bOT have ha all come to the conclusion that there is no hope no no hope at all all all- for the tho stock market All 11 governments are Lre in a 1 state of oC collapse The cro crops s soC of oC this year ear are arc going oln to be disastrous It doesn't pa pay an any p longer lonser to mine goldas sold gold old as silver er I Is becoming tho the dominant metal of the world Tho The coal and oil oU L resources wilt will soon bo be exhausted and there there- will be bc no cargo o for the ships to tc I carr carry The will overrun L Asia Europe Africa North America South America and Australia no hope hope no no hope hop at all I Bunk That Is the condition un under er which Wall all street enters the new business business busi busl- ness week tomorrow I But ut it is remarkable that In n the thc I midst of all this absolute hopelessness Belgium el lum should bo to able to float a bond I In twenty four hours It H ma may be that after aCter all there i isome Is some Nome hope It ma may be possible that thai Wall all street lia ha has the thc situation situation sit sit- an and that the bears ma may have t to tomake make maleo a settlement for what the they have hav done on ht The They are arc Yer very much discouraged that tha thai tho the federal reserve reser bank neglected t to topIa i pIa play Into their hands b by Increasing the thi rediscount rate Even after all ho hope 0 atan of at fi an Increase was past tho agents of oC th the bears kept repeating that an Increase had been made and that announcement of oC It had been delayed Everything possible has been done to bring about a complete collapse In tho the stock market markot mar mar- ket leet and yet et It refuses to collapse There Thore have haYe been some very Yelp uneasy uneas hours and cruel criel losses have ha been visited visited visit visit- ed upon many persons but at all nU times there thoro ha has been a 3 market for tor stocks within a narrow ran range e. e The American people will ill not b bo stampeded b by forel foreign n propaganda which will react and cause Americans to hold their own securities more firmly firmly firm firm- ly 1 than ever er and to close their pocketbooks pocketbooks pocket pocket- books more securely against the pleading plead plead- In ing of Europe that wants ants to be fed but docs does not want vant to work America stands read ready to ron render el nfl all legitimate assistance to Europe If It It will nl go to work Belgium has gone to work worl and arid therefore Bel Belgium lum gets ets its loan in twenty four four hours All An Europe can betaken be bo taken care or jf f on the same ba basis bacis i pr Propaganda Aburdo Absurd Now o o- o that the tho foreign propaganda anda has become so absurd as ns to alienate AmerIcan American Amerlean Amer Amer- ican lean Interests an arid and to confine our at attention attention at- at to our own business at home there I s I some hope that Congress ma may take quick action In regard to the rail rall- roa roads s. s The Tho Cummins bill bUl it is reported report report- ed ell 1 is hr to be bc the ono one finally adopted with 1 some sonic slight amendments There has been unnecessary worry over oyer the tho crops of oC this year eur Tho The carryover carryover car car- over ry-over from 1919 Is so largo large o tha a partial failure here herc will do no dama damage e. e One of oC tho good results of ot the attacks attack that have o been ma made e on tho the market marled b by w Vill all street bears has been the tion 0 of n-f the market markot for storks sticks o of ron ron- I I cerns claiming to be ol 01 Most of these so called Si il 11 I have hao marked the I up val vale ale of tl stocks to three tieh or four tour tires I th the at which the they were cre orl l ial I over o by underwriters ar art an I There Thero have ha been sensation I I tho th In insiders and the pubic profits hu has ft fo b bee I swindled most unmerciful i I |