(Q) Will you comment on the present trends of events in
Europe that will most affect conditions in this country and
what the effects here are likely to be during the next few
months?
(A) In commenting upon these disturbances that are in Europe
at the present, there being a great deal of unrest through
those conditions transpiring in Spain and the connections
with the other governments that are influencing the
activities of portions of these, we will find the breaking
up of the present regime - that will only last, though, for
a short period - and a shifting within the next year and a
half to two years of many of the boundaries in Europe.
The effect of those activities in the French situation will
have the greater influence upon the stabilization of the
monetary forces of all Europe, as with America. These for
the next few months will be that towards more optimism for a
general helpfulness from those directions.
The unrest and the change that is imminent in Russia will
have a greater effect upon the international situations and
associations in those periods of the coming year, in the
early portions of same.
The rest and disturbance in Asia, that will be effective or
active through the changes in Germany, Italy and especially
through the Balkan forces or Balkan States, will produce a
disturbance that may reach proportions that will become
rather terrifying to all of Europe and Asia.
But if the policies of the united forces of the Western
Hemisphere or of Latin-America with the United States are
adhered to, with the cementing of those friendships with
the European or English and Canadian countries, these (though
they will not come in the next few months) will eventually
make for the greater stabilization of the general outlook
and the general conditions for all individual activities.
As we find, unless there are changes - that may be helped
from the influence of spiritual forces - there is to be a
great upheaval beginning in the next few months, that
will be the basis of a greater upheaval throughout the
whole world in '38 and '40.
The general conditions of stabilizing the monetary forces,
though, are the greater hope for peace at present.
(Q) Will the recent devaluation of the franc bring about
a return flow of gold from this country to Europe and if so
how soon?
(A) This will not bring about such, until the early portions
of next year, and then only if changes are made in the
administration of affairs and associations and connections.
As we find, this - as has been indicated - will make for not
an abnormal flow then but a stabilizing for a cemented union
between those of the Nordic forces and natures of the
peoples of the earth.
(Q) When business improvement reaches a certain point it is
customary for interest rates to advance and high grade bond
prices to decline. How soon may we expect this to occur?
(A) Changes or differences are arising in these directions.
And as we find with the general trend, the general changes
that have been brought about, this will not occur until along
in those months of February, March or April. And this only
proviso that those disturbances in the Far East and the
change of rule or power in Russia and the activities of
those divisions of the spoils from Spanish possessions -
that will disturb many another disturbance of a nature that
- not so good!
(Q) How soon will the yields on U.S. Government bonds
increase?
(A) This will be another six to eight months before these
show for a change of an appreciable nature.
(Q) Will the outcome of the present political campaign have
any important effect on business and investments?
(A) As has been indicated by the general trend of business,
as related to the national situations, these as we find will
have no appreciable effect until very much later, or in the
latter portion of the coming year.
Those effects of international relationships, and provided
America is kept in an even balance, will have the greater
effect upon improvements of the general business, nationally,
in this period, as we find.
Hence we would not say, unless definite changes or stands are
taken that become as a disposition to side with those
disputes in Europe, by the change in administration, that
there would be any appreciable effect upon general business,
in the United States.
(Q) Will business expansion continue through next year and
what industries should show the greatest improvement?
(A) By the equalizations of industrials of every nature,
and to be sure those that deal with construction. For steel
and those kindred industrials that are bound up, as it were,
with same should show the greater improvement during the next
twelve months. While those, to be sure, of the industrials
that have to do with motive power and transmissions make for
a close second. But with changes as are coming in the manner
of transmission, those that are of an international nature
should be exceptional in their change or in their
improvements. And these then would be those that we would
give as the leading in same. Stabilized ever, of course,
through steel and steel products, and building materials.
For, with the general trend as is set, there should be
throughout the period of the coming year, unless there are
the international disturbances that ever stand in the way,
with these kept by the stabilization of the money forces of
the world, there should be a period of almost unprecedented
BUILDING!
(Q) My investment management business at Room ..., ... Ave.,
N.Y., has continued to grow but rather slowly. Have you any
comment as to this activity?
(A) This should be to the body, to the mind, and the
enquiring mind of [
261] as an excellent omen. Know, that
which grows nominally, normally, is a healthy growth. That
which comes by spurts and bounds oft is not that prepared for
the rebounds that so oft occur in such associations.
Making haste slowly should be ever in such activities the
watchword. For, to use some of another land's ways - the
English way - is not a bad way for America to follow, in
THAT direction.
This then as we would comment, is healthy and is safe. Keep
it that way.
(Q) Is it yet advisable to aggressively seek new business
or should we continue to let it come as in the past?
(A) In keeping with that just given, while an aggressiveness
may make for a quicker growth, aggressiveness in handling
well that in hand and letting the results speak for
themselves is the better policy. Be aggressive in the
handling of that in hand. For a basic law, that is of a
spiritual nature, is: Do that thou knowest to do today,
and tomorrow it will be shown thee the next step.
Then in becoming aggressive in the seeking of the activities
in those directions, let it be in order with that policy as
has been pursued thus far in the undertakings.
(Q) We were recently approached by Lee Dewitt Hemingway,
Union Bank Bldg., Pittsburgh, Pa., who desires to represent
us and solicit accounts in Pittsburgh. Is such a connection
sound and should we seek other representatives in other
cities?
(A) This as we find is a connection well to be made, but do
not seek too fast to make others, until there is the perfect
understanding in the organization for the handling of such
connections. But in this particular place, in this
particular association, as we find, these would be well to
consider. Eventually these may be extended to Kansas City,
Denver, 'Frisco or to Buffalo, Cleveland, Chicago, or
St. Paul, but one at a time. Handle these in the way that
has been the policy, and these as we find would be well.
(Q) Should efforts still be made to secure business from
Europe?
(A) We would!
As known or may be known by the body, the entity, there is
the continual injection through the reciprocal relations that
have been established between the Canadian and the American
investments, of the English as well as the Belgian and those
even of some portions in France. Through these associations
there are accounts being established in the United States.
Owing to the considerations of those very things that have
just been intimated, as to the British mind, these as a
nation or as an interest-gathering group are satisfied with
the safe investment and not too great an amount, and for long
time handling. Thus seeking or searching out the Canadian
connections as those of the Green Point [?] or of the paper
associations - which come in line with the entity's
activities; the seeking for special activities through
certain industrial forces - then these make it well.
(Q) We are still following the general policy of investing
the largest part of clients' investments funds in common
stocks. Is this still the best policy?
(A) Take it in line with those suggestions in the various
influences as may affect the activities of the general
business forces, as has just been given, and we would draw
the conclusion that this IS in keeping with the better
policies, and in keeping with the policies of the
association and organization for the activities to be kept in
this way and manner in the present.
(Q) Should funds waiting investment be invested at this
time or is it probable that a more favorable time will occur
in the near future?
(A) As we would find, a more favorable time should occur
in the latter part of the coming month or in December or
February, as has been intimated through changes. We would
hold them as they are in the immediate.
(Q) Have you any further comments as to our investment
management activities or how our service could be improved?
(A) These, as we find, as has been outlined - the policies
are well. The expansions and the seeking out of foreign as
well as certain classes of activities as indicated would be
well. But as to the general provisions and the general
policies, these are good - and far above those of many
another organization of the same nature.
(Q) In National Bancservice Corporation a plan for the
segregation of Christmas Club is nearly completed. The
problem of what is best to do with Rogers, Kellog, Stillson
Co., 461 Eighth Ave., N.Y. and the Wilson H. Lee Co. at
Orange, Conn., still remains to be solved. One course is to
close the New York plant and concentrate all production at
the Orange plant.
(A) This as we find would be the better.
(Q) Another course would be to liquidate the business
entirely. This would throw a number of people out of
employment. Have you any comment?
(A) The liquidating of the New York and the concentration
of the Orange would make for the better proposition, as we
find. For these will, during the present experiences and
activities, make for greater possibilities for a return upon
that which has already been expended.
(Q) As to the physical condition: My head still hurts when
I shake it. Will this gradually disappear? [See
261-24 and
previous rdgs. on health.]
(A) This is why, as indicated, the use of the equalizing of
the circulatory forces through the Radio-Active influences,
and the massage and the rubs following the sweats would be
helpful. And will equalize and call for a removal of much
of the inflammatory forces by the poor circulation through
the head, and thus eliminate from the system in their
nominal channels those poisons that find their reaction upon
the digestive forces, upon the head and upon the drying
condition as it produces in the mucous membranes of the
system itself. Thus finding their greater effect in the
soft tissue of the face, head and throat and later in the
digestive forces.
(Q) Should I have stronger glasses at this time?
(A) These as we find would be well, though if there are
those activities as indicated, by keeping the eliminations
and the stimulating of the circulatory forces, both deep and
superficial, by the use of this Appliance and the conditions
as indicated, this should strengthen same and thus as
we find be helpful to the eyes and to all portions of the
body itself.
(Q) Anything further as to the physical condition?
(A) Follow those suggestions as we find as indicated.
These would bring the better physical and thus offering
the greater opportunity for activities in the material
associations of the body.
(Q) Any further advice?
(A) Keep optimistic, and keep spiritually balanced. For
the sources of mental and material influences must arise,
as so oft has been given, from a spiritual import that is
CONSTRUCTIVE! Hence an individual that does not THINK
constructively builds barriers to be tumbled over sooner
or later.
We are through for the present.
Copy to Self
Copy to Ass'n file
BACKGROUND
10/04/36 He and his wife were present, submitting questions.
Previously he had obtained a Life Rdg., Physical Rdgs. on
his long standing gastritis bordering on stomach ulcers, and
Business Rdgs.
REPORTS
11/07/36 He obtained emergency Ck. Physical Rdg.
261-26 for
acute digestion, stomach ulcers.
5/16/37 He obtained his next Business Rdg.,
261-28.
Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation