(Q) Mr. Wycoff, representing the creditors, wrote a letter
to [...] to their corresponding attorneys, which I have seen.
How can I refer to this to Wycoff without betraying this
confidence of their [...] lawyers and forcing Wycoff to do
what is right? What shall I say?
(A) There should be presented in THIS way and manner, "that
I (this almost the conversation) have reasons to believe that
such and such (naming the conditions which were seen, or FELT
by the body) - that there have been these conditions set
forth, or these insinuations set forth, and I am willing to
lay the whole of the transactions of the business, in its
full phases, before the proper authorities to demonstrate and
show that such has NOT been the case". This can be done, and
this may be shown as conclusive faith and evidence, and when
approached in such a manner there needs be little fear that
this will not be accepted in the same manner in which it is
presented.
(Q) Will the creditors accept the 30% or will they hold out
for the 50% that they ask, or force bankruptcy?
(A) There can be an equitable DIFFERENCE between the two,
that can be acceptable and workable for each. This can be
reached through the talking, or the meeting of these together
and considering every condition in hand.
(Q) What effect will it have on the future management and
success of my business?
(A) As has been indicated, there will be of necessity a
change in the policies. For a time it will apparently be of
an indeterminate nature or effect upon the business, but in
the very near future there will be, WITH the change in
policies, the correct attitude - and the business WILL
succeed.
(Q) Should Mr. [
257] intercede for me with the American
Credit Adjustment Association? If so, how should he approach
it, or would it be better to handle entirely through [...]
attorneys?
(A) This may be of aid, but should first be handled entirely
through [...] attorneys - for, with the meeting of the groups
that are represented by Wycoff and by others, there can be an
equitable agreement reached. Then, should there be the
necessity of a pressure in the direction as indicated, this
may be handled WITHOUT even the full APPROACH of the body
[
257] TO the situation - see?
(Q) Should I take on the new designer and attempt to rebuild
the tailoring business with my father? [
592] and will we be
successful in 1930?
(A) Take on the new designer and rebuild the business
through those changes of policies as are imminent in the mind
of self, and the due consideration should be given the
father.
(Q) Will I continue to be successful in holding my
restaurant business at the same time?
(A) This is as has been indicated. Successful.
(Q) Will I live in ... always or when will I make a change
and where to?
(A) That depends entirely upon the actions and attitude that
the body assumes toward the various conditions arising in the
affairs of the body at this time. As has been indicated, a
change might be made in the present year to those places
surrounding even New York, PARTICULARLY in those districts
where the activities necessitate just such a handling of the
business as has been and is worked by the body; or the body,
to clarify self and self's interest and self's position, had
better - in the next two to three years - CLARIFY the
conditions in ...
(Q) Is it for the best interests for all concerned that my
brother-in-law, Mr. [
2588] join me in the buffet business in
...?
(A) This would represent an IDEAL way in MANY respects; for
the abilities of each are seen, and the combined forces in
the attitude of the interest, the honesty, the integrity, the
abilities OF these to carry these forward, would be
satisfying, gratifying, helpful and more successful.
(Q) On what basis should Mr. [
2588] join me if it is advised
for him?
(A) On the basis of amount invested by [
2588] and of the
proper ration of the efforts expended.
(Q) What specific industrial stock can I buy for a quick
turn in March to help me get settled up?
(A) Would be rather a speculative interest during March.
Any of the industrials during the first portion of April or
the LAST weeks in March, will be very beneficial in this
direction - especially those in Westinghouse and Radio.
(Q) What day should I sell?
(A) Haven't bought 'em yet! and don't buy until they are
given instructions to! for there is too much variation
during the present periods, see - and during the last weeks
of march or first of April these may be given.
(Q) What specific railroad stock should I buy for a turn in
March -
(A) In April there may be activity. Any of those that are
of the Van Swiggan outlay. ESPECIALLY would there be in that
of the Frisco, or Wabash.
(Q) How long should I hold?
(A) That depends upon the time or the period when BOUGHT!
These are speculative at present, for they are whip-sawing
considerably, as has been given - and will continue so during
the next ten days or two weeks.
(Q) What is best plan and place to raise the $6,000 to
settle even the 30% settlement I am offering the creditors?
(A) Through that of the restaurant or buffet association,
and of those that owe the body - for many of these may be
brought to an equitable settlement in the time necessary.
(Q) How can I improve my business standing in ...?
(A) Change in the policies, as HAS been imminent. This does
not mean change in associates or associations, but in the
manner in which the associates and associations are handled.
USE that as is in hand, and as has been DETERMINED in self,
in the MANNER of approach and of the various groups TO
approach.
(Q) How can I improve my spiritual self?
(A) Taking stock with self in that manner, weighing up those
efforts day by day and apply self in the way as is so well
known by self. Think not to cheat ANYONE but self in an
overstepping of the mark in ANY direction.
(Q) What specific advice will the forces give me to assure
my success in 1930 and future years, when carried out?
(A) Study to show thyself approved unto Him, the Giver of
all good and perfect gifts. let not thy evil be WELL spoken
of, nor the GOOD be evil spoken of. Be honest with self, and
thou will be honest with every other man. We are through.
Copy to Self
Copy to Ass'n office
Copy to Datastician
Copy to Self for Mr. [257] or Mr. [2588]
BACKGROUND
See
1565-1 and
1565-2.
REPORTS
6/16/31 See
412-2, Par. 7-A, 23-A--26-A, advising it would
be well to employ Mr. [
1565] on a commission basis for
measuring, selling uniforms, etc., in his own territory.
8/20/32 See brother-in-law's rdg.
257-90 Background and Par.
20-A indicating Mr. [
1565] is associated with [
257]'s wood
and metal corp.
6/25/33 See
257-112 on Mr. [
1565]'s future with the [
257]
Corp.
7/12/33 He referred Mrs. [
376] for a Physical Rdg.,
indicating that now he had become Vice-President of Mr.
[
257] (his brother-in-law)'s sales organization for wood and
steel products.
3/22/38 Brother-in-law Mr. [
257] requested a Physical Rdg.
for Mr. [
1565], saying they were trying to get started
together in the radio cabinet field: "I think most of his
condition is brought on by worry in connection with this new
venture and I think a reading on it (See
257-194 on
4/05/38)
will help him physically and mentally."
4/05/38 See
1565-4, a Physical Reading.
6/12/38 See
257-196, Par. 16-A--19-A, 37-A in re their
business venture.
9/04/38 See
257-200, Par. 50-A advising how [
1565] can improve
the sales plan.
11/23/38 See
257-203 in re their business venture.
4/13/44 He obtained a second Physical Reading - See
1565-5.
10/17/44 Mr. [
257] sent a contribution of $100 saying it was
from "[
1565] and myself".
1/50 Mr. [
1565] and his wife, Mrs. [
558], were very helpful
in helping to raise funds for the Edgar Cayce Foundation
campaign.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation