Show agn by arthur bru e ii lf 46 4 A BANK FOR FOB BROKERS NO ARSENIC PLEASE F B R USURY unnecessary INN INVEST INNEST EST DO NOT GA GAMBLE in response to warnings from the federal reserve banks withdrew on friday of call loans the idea was to discourage speculation that speculation keeps big banks and their gigantic profits alive but that Is another story when loans were called the rate moved irom from 6 to 9 per cent banks calling loans sacrificed 6 per cent on and make in an additional 3 per cent cent on about lour four billions even a child on the tann farm could understand that systematic usury must be b e harmful even as base a thing as a spec ulster mater buying american securities should not be robbed too systematically it Is probable that investigation of the federal reserve banks and its accidental or intentional promotion of bank profits through usury will follow the latest federal reserve action responsible for a loss widely scattered of three or more billions in a few hours why do not stock exchange men protect themselves and their customers from financial tyranny they could establish a great bank especially tor for their own purposes compelling brokers to make call loans at that bank on conservative margins of security at a fair interest rate and dividing profits among stock exchange members they might do something that the federal reserve evidently cannot do controlling a monopoly ot of call loans th they ey could sell worth of stock t ock in an hour it if a father to cure his children of overeating overeat ing put arsenic in their tod food r you y u ba would say something wrong v with alth t that t father when a paternal federal reserve board mistaking itself tor for the national government to cure what it considers ruins thousands of investors by forcing usurious interest rates you say something wrong with that federal reserve board the board Is unnecessarily excited about abour tour four or five billion dollars of brokers loans learned financiers should realize that there Is money in this country outside of banks control mr ecker vice president of the metropolitan p life insurance company has shown that hat the income of american wage earners Is sixty aty billions of dollars a year and they spend fifteen billions less than they earn wall street went to work last week convinced that the world had not quite came to an end and even a benevolent regulating federal reserve might be endured some for whom this la Is the beginning of the spring lamb seas season 0 n th the is I 1 unhappy alis appy wiped out minority that tried led the faw down go broke experience will know better next time others will know better later invest within your means in america and you get rich gamble here or anywhere and gambling gets you lady de bathe died recently at monte carlo in her seventy seventh year As mrs langtry the jersey lily she was known wherever english Is spoken her reputation was due largely to her marvelous complexion pink and white natural colors such buch complexions completions complex ions have gone out even little girls are daubed and plastered up above the jersey lily has doubtless renewed acquaintance with albert edward who admired her when he be was prince of wales will ho be loot look natural flitting about white wings and a harp probably not and how painful it must u t be tor for a sovereign or a famous beauty to be just like everybody else even ranking below moody and sankey |