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Show National Inventory to Show , U. S. Resources for War to recede, and within two years tock bad fallen to about In, an4 J paying 2 per cent dividends. Rern"I M. Barueh had arrived and vai acknowledged a new prophet w Since that time he ha nected with many of the m..Bt hasnr' tant financial movement of the ST." and has had a hand in the mnSl satlon of large propertir. h that same capacity for brinr.li,,- or2 out of chaos that It la bellrvrd win .T able him to find Just what I- what ! American Industry from a ur uM point. When business permit. Mr Eirart Is a great fancier of fine- horsr JJ! follower of the hu.itlng trail. II, L"j an .estate of some 40.000 acre In ISoJ! Carolina which is said to be one o n. .best game preserves In the country i good part of his leisure time i, m-i there. In many ways he Is rriiievntHti.. . of ihajiisw Vtft l.uaissa, , J",? A man of his own niakin?. lie h, ,1 the qualities of decision, willincn'mii! venture and good Judgment, that in so pre-eminently necessary t, suciw In this Mg dry. Whara snoot men start out la Ufa to save 10, 11000 or 110, 000. Bernard of. Barucn determined to make a million before he was II. - And he succeeded. Mr. Barucn Is now cataloguing ths resources re-sources of ths United States as a member of the civilian advisory com-miaaiog. com-miaaiog. Ho has been one of the most successful figures In the New York stock market for s number of years, and la accredited with having scored more big coups than almost any other man of the times. Wall street believes that he has a genius for figures and organisation, and It Is expected that he will bo able to render ren-der notable service in the work which has been Intrusted to him. Mr. Ba-ruch Ba-ruch was one of the first advocates cf military Industrial prepared n res. The inventory of American re-Intending re-Intending undoubtedly will be the most complste over undertaken. And It will show what specific Industries can do, now that urgent need arises. It Is expected to provide agalnat blunders like those England made at the beginning begin-ning of the war. Bernard M. Barueh first cam to know about stocks and bonds when he wss In knee pants Chance happened to direct his steps to Wall street, where he sought his first Job, which was in a brokerage house. The business busi-ness appealed to him strongly. He had a keen, incisive mind and believed that a little judgment and much hard work were the touchstones of success In Wall street Ho he decided to make a million or so and then look around for further opportunities. And he did not stop at the mere determination, but began a series of investments that raised him to the estate of a millionaire million-aire while ha still waa a boy. Having made his first million, Mr. Barueh found opportunity aplenty. Wall street has never forgotten a venture of his bark in 101. At that time a certain well known copper stock was selling around 130. and paying dlvl-denda dlvl-denda of 7 and per cent. Apparently there was no better Industrial security in existence. Mr. Barueh cent a wary eye toward the financial weather vane, considered the condition of the copper market, and concluded that a certain stock was about due to tumble, elo he began to aell It in batches thst startled Wall streetThentheprlrenf coppprstnrted ! |
