Show PROFESSORS OF FINANCE WARN NO BANK LOAN U. U of C. C and Stanford rd Experts Point the W Way WY Y to Sound Reconstruction Finance The banks of the United ted States must be left be-left left fr free e to finance the reconstruction tion of productive enterprise and must not be cluttered up with the Victory Liberty Loan That Is la the composite thought out opinion of two of the West's most noted professors of off f finance nance Carl C. C professor of finance In the University of of California and Murray L. L Wildman head of the department nt of economics and finance of Stanford University Both agree that the money needed to paying for the war should not come out ol of working capital but should be raised out of individual savings savings' of humble and w wealthy It the people take the Loan as they must lust Professor Professor- says the canles wm will be left free tree to lend to the manufacturer the the- farmer the grocer the butcher and the and the baker so so that they can get busy again on a peacetime peace peacetime time basis Then production Uon and business business basIn basI busi busi- n ness s will grow and by the formula prices will come to normal If we leave it to the banks they will have no funds left for business big blK or lit lit- tle We ourselves will not profit and the day of our redemption will only be bo postponed Professor WIld whose ability caused him to be called from Stanford Stan ford to Washington for war finance service agrees with the California economist adding It would be be- bea a grave mistake to saddle the b banks of the country with the thc Victory Loan at this time When two professors professor agree Its It's time to sit up and take notice When two professors not only agree with each other but agree with the Government Govern ment meat that settles It Finance l is their business particularly Government finance They have bave spent their lives stud studying it and are paid good salaries fo teaching the principles of It to the themen themen he hemen men who are going to run the nation tomorrow I Finance is net the business of the wiseacre who screws down the corners corners corners cor cor- ners of his mouth month and says Let the banks do It it Better take the advice of scientists who know 1 l f J |