"All attempts are now failing,"
he reports, for example, "to keep the Fiduciary Issue within limits."
Reluctantly he mentions a "considerably freer tendency in Discount
circles."
Further he records a tendency to over-indulgence in feasting. I read of
figures (I hardly like to quote this bit) becoming "improperly inflated."
Will you believe me when I add that a section of those participating in the
beano, whose one fear was, apparently, that it would all end only too soon,
actually were heard expressing the apprehension, to quote verbatim, "that
they would deflate too rapidly." "The whole tone of the Market," says my
City Editor, "became distinctly cheerful," and he pauses to comment on the
one redeeming feature: "War Loan remaining steady, 84-15/16 middle."
And thence to the shocking climax: Trade Returns were unable to balance
properly, and Money (to be absolutely outspoken and no longer to mince
matters) got tight.
After this I was not surprised to read of "Mexican Eagles rising on the
announcement of the new Gusher." Nor a little later to find the
announcement, "Stock Exchange Dull." A very natural reaction.
Yours ever,
A SIMPLE WEST-ENDER.
* * * * *
PROFESSIONAL PRIDE.
Extract from a plumber's account:--
"To making good leaks in pipes, 8/6."
* * * * *
"Wanted 2 Lions male and female or either any of them.
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