Show Panic Talk Is Malid Malicious s' s I I By Ira C. C Ti Tichenor CA Y and often in t totally l l un tin unexpected l p g c quarters qu rt r is heard caId a croaking voice vice VOIce commenting upon the the supposedly m stringency 11 in the money market and dec declaring ring th that such such sucha a is IS cert certain ll to o by a panic hl kind o of ot talk is both idle and malicious and as a rule it ft it Is Indulged Ek the chronic fault tind tinder r the unpatriotic tlc te un-American un or anti anti- Ican the one who ho had lad failed to take advantage of ot existing opportunities ene ne who ho has reaped more than toan his Just rewards and now now- I is fearful that eason eason of p profiteering has ended has ended ot 01 Iwho is endeavoring endea to hide the fact tact h dhas has been or still stin is s a profit profiteer er not come came from the therea re real t thinking ng woman or man the true true Ainer- Ainer C the ho upright business man or orthe the one one e who ho is Is' Is progressive e in any particular Session I vocation or trade f aa a matter mater of fact there does not ot exist at this time a a. money stringency e merlY has been called caled a halt hat in expansion along certain lines that considered to have reached the line l e of ot between en safety and j and for the added adde purpose of ot providing funds for tor Interests whoso whose er expansion Is 18 realized to be a ne necessity tact alone that the money medium of the United States has Increased bt bout V in the past four our year years should be a conclusive argument fast the slightest suspicion that tie the country Is in in a a precarious financial fina ial and that this money too has hal a substantial basis basi composed sed of It O per cent of ot the worlds world's gold supply I y many many people England's tin financial system has ha been re regarded ar ed as thet the the t ma nd most easily regulated of all alI systems yet while the reserves of Bank Bank of ot England now are only between 13 and pd 15 16 p per r. r cent n those hose of ot federal United States are are r held abo above O iper cent of ot the fd reserve 1 system It tte Ehe The he situation has har resulted res in abo about t a condition ot tennis Ii h i Is most desirable desir ble and in pi pleasing as ng contrast to the spirit of ot expansion inflation that was wa permitted to exist only too long both Taking everything Into Into consideration ev even n a hint of a panic Is malicious t and nd |