Show NATIONAL I 1 B INK ON BUSINESS the national city bank of new york that trade operations have slackened during the month ot of aug list the temporary advance was unparallel in speed and ang extent very largely caused by talk ot of deflation of the dollar which caused everyone to buy rapidly as safer than money speculation developed during the past few weeks how ever these loll 1011 bences for high prices have gradually been discounted and the inducement to buy ahead less comp compelling com peiring elfing buying has slackened and nd business has slowed down ac cordingly another step s ep in the government program is the decision to buy 5 pigs at a bonus above the market price the pork ta to be distria buted fo fa families milles on relle folls business men are facing conditions that are new in their experience they are asked to cooperate in a pro agrain ram that la Is acknowledged to be ex a perl peri mental and they are doing so wholeheartedly though it Is natural that some should be impressed by the uncertainties and should view the forthcoming weeks as a period during which the permanence of the improvement thus tar far achieved will be put to the test it if industries are to recover indus tries must be allowed to profit business men must feel security in the future so that they will plan re placements and expansion A cap ital market must be re established reestablished in which lenders and borrowers will have confidence there Is no answering the evidence that this country now has his monetary and credit resources as great as in 1929 low prices has not been due to lack of 0 money or credit inflation of 0 the currency is no rem edy for disordered relations in pro and trade it would be like attempting to start a stalled auto mobile by lubricating the bearings when the power generating i ism was out of order |