Show I 1 I 1 WHY FOSTER axile N 6 ll 11 The 1 Folly or of being tn in I 1 debit beyond reach 1 4 of e may 27 atthe in the cour coarse stora telegram in lp reu response tp to an all offer of apace lora statement made bv by an afternoon oil paper pape governor fogier foster said s 11 my failure dimply simply illustrates the great folly of permitting ruit ting oneself to be in lei debt 11 reach renell of reasonably quick assets for relief when the hour of difficult borr borrowing comes businesses linsin Busi essis larkely done with borro borrowed money and confidence in the mal maintenance titell of sound financial conditions Is essential nce to lo lending that confidence time has been shaken in ability or capacity of the government to maintain gold payment it is evident that the country poss eAses enormous resources which are at the tho command of the government and it should act in ill terms and waya ways that will sati fir the country with out ambiguity ambiguity ambi gity or uncertainty that gold payments wi will I 1 be maintained ohio obio may 27 the situation hereto here today dayas as far as the foster poster failure la Is concerned shows allows little change The there rellia Is a jeneral feeling bf uneasiness in a all little the branc besof t trade rad e and governor 1 foster oster this orr ling be bad no furl her stale incutto make the Mech unica savings batik I 1 iiii which t lie ru n reports more nore deposit deposits than wi withdrawals hd ra wals this and on monday expects to 0 open e 1 a 9 a argeneral y general banking company afon money y is very tight which may force to the wall which otherwise might pull lie 11 through thron gl tho diversified nature of so gov e enor nor fosters failure makes ti the le outlook exceedingly flu dubious blous and places the far beyond ix yond the tilt range of prediction three window plass glass companies and the tile brass and iron works will close down tonight and several hundred mech mechanics atiles will be tie thrown out of employment the Tile deposits of the poster bank batik are about MOW the tile governor bears up well under llie calamity he succeeded in sleeping bleeping six honra hours last night the first time in fit the week he lie has been deluged with telegrams and letters of sympathy from prominent people from all fell part parts of the country |