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Show NEXT PANIC I.H912 Economist Predicts a Eusiness Upset at That Time New York. Feb. 10. Another panic is to be expected la tho Unlteed States In 1912. according to' Roger W. Bab-sou, Bab-sou, the economist. IIo draws this conclusion, he says, from study and observation of tho financial history of l ho last century. About one-quarter of the present period of prosperity has gone, he says, but the top of th upward up-ward movement has not yet been reached. His figures ehow that the high point of 6tock exchaugo prices usually comes after about one-third to one-half one-half of the prosperous years which, have been enjoyed. Speaking before the West Side Y. M. C. A., .Mr. Babson urged that any one who was determined to play the market mar-ket and .desired to do so as safely as posnlblo, should purchase on a xener-ons xener-ons margin ten of the leading stocks. When they were high he should sell and put his money In the bank. When stocks were low ho could buy again. '"In this way," said the speaker, "you would not be buying and selling a specific spe-cific stock, but In reality selling your money when money wr In demand, anji selling your securities when securities se-curities were In demand." |