(Q) The first question I have written on the paper here.
(Present position customer total debit balance one million
dollars. Minimum requirement by Stock Exchange fifty
thousand dollars. Present cast capital exclusive of Stock
Exchange seat five hundred thousand dollars. Therefore,
present cash capital ample - but if as at the present time
the total value of our own holdings amount to about five
hundred thousand dollars, then the cash capital must
immediately be reduced to four hundred thousand. If we form
the investment trust, another one hundred thousand dollars
must be taken off for this, leaving a cast capital balance of
three hundred thousand dollars, which is ample at the present
time, but does not allow for any great expansion, either for
customers' business or for our own trading purposes, nor for
large withdrawals for outside expenditures.)
(A) Now, while there may be, from the purely material
outlook, and with changes as are being brought about by these
changes - there has been that given to these bodies,
individually and collectively, as to what might be expected
as an outcome respecting such changes. First may there be
remembered that as given respecting how that together these
might accomplish much in the material and financial way and
manner. Then there has been given that as to how one would
lean upon the other, and of the directions one would make for
the other in these varied relations. Now, as respecting the
financial status to carry out or carry forward those
undertakings and changes taking place, there needs be little
fear of being directed in the correct way and manner to
accomplish same, will each but fulfil that in which is given
them from time to time. The changes of which the body and
bodies have been warned are being cared for. The connections
of which the bodies have been warned, do not overstep these.
Rather, then, gather about same those whose influence and
affluence will assist in the undertakings, as are in keeping
with the tenets of each as respecting business and business
relationships. The policies as are set forth in the finance
corporation are well in keeping with the tenets of the group.
The individual applications TO these needs be only kept in
the routine, as it were, of those policies as are being set
forth. With these, there needs be little to be feared.
(Q) Well, then, that we proceed with ours plans regarding
the office and the investment trust?
(A) Proceed.
(Q) Are we proceeding in proper manner with regard to new
office, financially speaking?
(A) Proceeding in the proper manner. There needs be no fear
but what the bodies would be checked, were there to be
oversteppings, with the ideas and IDEALS that are in the
active forces of each as respecting these.
(Q) [
137] asks if there is any relationship to Isaacs or
their bank in the warning of the associations?
(A) Not in this relationship. Rather in that and those
associates of which the bodies have been warned of those whom
there are too many question marks concerning activities.
(Q) I have two in mind, father and son. Are these the only
two? or are there yet others?
(A) These are the two at the present, and of whom the body
and bodies have been warned.
(Q) Now regarding the experience of last night, the
outstanding one of many, in which Gary talked to me, or we
jointly spoke and said, "That necessary will be provided".
(A) That's just as has been given here, and will be
provided, keeping in the ways as has been set out for each.
Let each, then, so fortify themselves in the ways as has been
set forth for each. Each having a DUTY to be performed as
respecting associations, associates, undertakings,
individuals, individuals' account, customers, customers'
relationships to each other and to selves. Let the watchword
be, not afraid - but risking nothing, save in that as we are
directed.
(Q) Does Gary recall Zwissler?
(A) Recalls Zwissler - the associations and the promises.
Well for the body here, [
900], to prove self and that as may
be termed a DIRECT understanding that this body will direct
at the Board, in that there were promises made to the body as
respecting same, and to THIS body Zwissler and Gary there
were those communications before and since as respecting the
disposition of certain stocks as relating to the holdings of
those occupying the offices that are now to be occupied by
them. Think not, then, that it was chance that these offices
were chosen.
(Q) That is, we are in the steel corporation building
through intuitive influence from Gary?
(A) Correct.
(Q) If developments come -
(A) AS developments come -
(Q) (Continuing) with the motor [[
4655] Motor series of
readings], we will need that cast iron pipe office, and then
some.
(A) Correct.
(Q) Zwissler seems to think we might get it.
(A) Might get it.
(Q) [
137] had an experience the other night in which he
heard spoken out loud, either "Lift stocks outright", or if
the cash surplus is necessary, sell out and be out of stocks.
He feels this means within a week or ten days. Is this
correct?
(A) Correct in two senses. First as relating to conditions
that are to come with the first weeks of June. Another, will
the body but recall that in this same connection in which
this was given, there was being worked out in the mind -
mentally - of the body, as respecting policies concerning the
administering of the conditions for trading by those of the
holdings, or of those holding stock IN the finance
corporation, and their trading within the actions of the
office itself. See the relation? Now, these then answer
from two directions - either in the tradings of an
individual, see? so holding - either they, the individual,
must (as a policy of the trust) must either sell or
liquidate to such an extent to keep that account within the
same range of the profits of the individual, on the holdings
as relating to their individual trading outside of the
holding company.
(Q) That is, their margin must be the same?
(A) Whether they are stock holders or whether they are
individual traders on an open market.
(Q) This warning, then, is not immediate - but rather for
future weeks?
(A) Rather for the future weeks, for there (as respecting
these trading conditions) will be, for at least three to four
weeks, this continual up and down, up and down, even in the
best of securities or holdings, and just as these variations
have been presented to the bodies as respecting those of the
conditions as have been seen in the emblematical way, in how
that the variation of the individual stock may be different,
even to that of that being paid in the dividend, though a
high priced stock may be the very ones to make the larger
gains, on account of the general conditions presented by
those individuals operating the company, or their prospective
developments. Such as has been given in the expansion as is
seen in those of the departments, or department stores, as
Roebuck and Macy, see?
(A) [
137] sees Fleischman at 80.
(A) Nearer 77 or 78.
(Q) Are [
2108], Inc., the right decorators for our new
office? and are they proceeding in the manner consistent
with that which we are trying to do? for even a business
office reflects ideas and ideals.
(A) CORRECT! They DO reflect ideas and ideals. IDEALS and
ideas are entirely different! As to those operations of the
decorators, these are well, and are being well accomplished
and well taken care of to well meet the needs of the
condition, and will also carry forward the ideas and IDEALS
of those that will be surrounded by same; also giving a
different conception to the on-looker, as well as he who
takes part in the operations through these offices.
(Q) Sears-Roebuck, then - and Macy - may yet be expected -
(A) To obtain their goal - 180, and the other, as has been
given, two, three, four-fold - even with the sliding off of
many, and will be a buy for NEARLY two years - Macy's.
(Q) That's a good one for the investment trust to hold.
(A) Good one for anyone to hold! Now, the speculatives are
nearer those of the coppers - though these have remained
quiet a NUMBER of years, there are those conditions arising
in various quarters that present, and will be found in the
days to come to present, more and more an unusual condition
for THESE are to be those of the exceeding speculative stock,
in the early summer, and summer and early Fall trading;
especially Kennecot, Calumet, and such.
(Q) Does that mean -
(A) Stay out of them!
(Q) [
137] felt Kennecot a short sale, and sold it - but
covered too soon.
(A) Stay OUT of it! They are too speculative for such
conditions, unless one chooses - as would be for a flier -
and it will be a flier! either up OR down! but would wreck
most ANYONE!
(Q) Now, regarding the second part of this reading, we turn
to the Educational campaign now being conducted by [
900]
through pamphlets and lectures. First, what is the reaction
- and may be the reaction - to both?
(A) Dependent upon what would be the idea or ideal of the
reaction as is taking place. First, naturally, there comes
those of the real seekers - yet fearful in the manner of
approach. Then there are those that may be termed
hangers-on, or "jiners", or those seeking to know something
of the various conditions as are set forth by those
conditions that are mysterious in their action. Then there
are the scornful, and the unbeliever. All of these are, as
would be said, SHOWING-UP, and will - from time to time -
present themselves for consideration. The ANSWER ought be,
be sure you are right, then go straight ahead, knowing that
you are using all of that given in thine keeping for the
advancement of the IDEAL; not an idea, but the ideal as is
set before self, and as may be given to others for their OWN
consideration, and in the considering, in the thought given,
will come that personal knowledge of the relationship of self
to the whole, and how same may gain for self the knowledge
that IS being given out through these channels; for ever will
the Spirit of the Creative Energy respond to that created in
the created, as to whether they are In the correct channel,
or are MAKING for THEMSELVES the selfish ends - that so many
turn same into!
(Q) The lecture to be delivered tomorrow [at Cayce
Hospital], in considering those who are to attend, just how
far would it be best for me to go - tomorrow?
(A) In thirty to forty minutes give that as has been
outlined by self. Then in the remaining period give the
opportunity of individuals to express, identify themselves,
either for, against, or seekers for that that may be attained
or gained through that as has been gained by self; and these
conditions as have been presented will present themselves.
MEET conditions, then, as they arise, in that as may be
transmuted to each one through that position the individual
occupies to the question in hand; for the INDIVIDUAL must be
taken where the individual STANDS! and not in that
UNDERSTANDING of one who has made a study, or THINKS they
have studied, along some particular line. The individuals
come first, then groups, then classes, then masses. MAKE the
approach through the individual; for better to gain ONE,
lost, than to keep the whole ninety and nine that feel they
are already safe.
(Q) Would it be well to avoid argument and -
(A) Do not argue! REASON! and reason by the individual
expressing themselves, by characters, through writing, or
transmitting same through writing.
(Q) That is, have the questions written?
(A) Have the questions ONLY written, and will be necessary
to leave those that would ask questions - Let them ask Cayce
- HE will answer 'em!
(Q) Regarding the second edition of the pamphlet now being
gotten up - or pamphlet completed, is it in good shape?
(A) Its in good shape to be GOTTEN in good shape! to be
delivered to those who are seeking - much better, far better
understanding will be gained. Gradually work in more now of
that of individual experience, also that of SOME elements of
the spectacular - but keep the reason! for ever should it
EVER be, "Come let us reason together". Never my way, but
thine, O lord, be done! for him who would guide, guard and
direct the efforts of these bodies [Michael, the archangel?]
would approach for just a word. Bow down thine head, my son,
and seek the Lord while He may be found. Forsake not the
tenets of thy fathers, and forget not the Lord in David gave,
"For my servant David's sake will I remember mine people,
even though they be scattered far afield", and let us gather
unto the gate and behold the glory of the Son, even as He
walks in the way - for the Father pitieth His children who
love His ways and keeps them, though they wander afield, yet
will the hearts be kept singing, in thy house will they be
gathered. We are through.
REPORTS
5/12/29 He obtained Ck. Physical for mother, Mrs. [
106].
5/12/29 He obtained Ck. Life Rdg.
137-121 for his brother.
5/25/29 He obtained dream rdg.
137-122 for his brother.
Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation