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Show Don't Blame Wall Street An editorial in a recent issue of Collier's Col-lier's weekly comments on the continuance contin-uance of our unprecedented national prosperity, and shows that it is well-grounded well-grounded and should be permanent. High wages, more efficient business, steady employment and improving farm conditions are most promising ; auguries for the future. ; "In consequence of this great na-' na-' tional development," Collier's contin-; contin-; ues, "prices of securities have been enormously enhanced. "Much of this rise has been of the soundest character. "Stocks have reflected the increased earnings of corporations and millions of people have been enriched. "All this is solid and desirable. But accompanying this actual prosperity based on increased production and consumption is the artificial prosperity prosper-ity built upon gambling in stocks. '"'Wall Street' is not to blame for this. Men and women from every walk of life and from every state in the union have caught the fever. ei-rv.v pamWins has become a great national pastime. Gambling threatens to stop the goose from laying her golden eggs The road to safety is plain enough. Buy stocks as you would buy a house or an automobile or a suit of clothes" Measure the price by the value you are offered. "The ownership of stocks by millions of investors is one of the soundest developments de-velopments of recent years. The entire en-tire country has been benefited by the general distribution of the ownership of securities. "But nobody in the long run is benefited bene-fited by paying more than the article is worth. If you want to see prosperity continue, con-tinue, help to make it safe. Work, save spend, invest but don't gamble. Buy stocks when you can at rational prices but don't 'go whoopee' around the stock ticker. |