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Show TOO MUCH GOLD. The big New York bankers foresee a dangerous situation, if the tide ot gold continues to flow in tho direction of the United States and is stored up for any length of time, and they strongly strong-ly urge the advisability of making further fur-ther foreign loans. This is probably the first time in the history of the world that such advice has been necessary, neces-sary, but perhaps it should not be regarded re-garded aa extraordinary, owing to the fact that never before has so much of the yellow metal been dumped into any country in so short a space of time. Undoubtedly, there is a tendency in the direction of over-extension of busiuess and it is probably true that debts are being incurred at the present time that will ultimately pinch the debtors. But this always happens in flush times and there is no way of preventing it. The cold-blooded view of the bankers is doubtless correct, but their words will fall upon deaf ears so far as the struggle strug-gle to get into the swim is concerned. Every man with a dollar wants to double it while the boom lasts,, and it is certain cer-tain speculation will, continue until the "war babies" take sick and business slows down at the end of tho war. So far as making foreign loans i6 concerned con-cerned that matter rests with the bauk-ers bauk-ers themselves. |