I will
set out the tale of it, even at the risk of making your readers blush.
It appears that recently a feeling spread in the Market (and that all these
goings-on should take place in a market adds, in my view, to their
curiousness) that a crisis had been reached in monetary restrictions and
things might be eased a bit. Apparently there is a circle of people in the
know, and by them it was immediately appreciated what this "relaxation"
implied. The first overt sign of something doing was a "heavy demand for
money," a need which I too, for all my quiet domesticity, have felt from
time to time. No doubt the fast City set were filling their pockets before
commencing a course of "relaxation." The next development was that the
Market was approached from all sides with "applications for accommodation."
I can picture the merry parties rolling up in their thousands, booking
every available house, flat or room, and even paying very fancy prices for
the hire of a booth for a house-party.
It may give you some idea of the nature of their "relaxation" when I say
that our old friend the Bank of England seems to have so far forgotten
herself as to start making advances to the Government. My City Editor, who
is possibly a family man, cannot bring himself to give details; he just
states the fact, merely adding the significant comment that "the usual
reserve of the Bank is rapidly disappearing." The effect of this example is
appearing in the most respectable quarters.
Pages:
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36