Business: Britain Sold Short

Shocked British bankers and investors last week read a bulletin written by Oswald T. Falk, member of the London house of Buckmaster & Moore. Broker Falk advised all his clients to sell all their British stocks and buy stock of U. S. or colonial enterprises. No sentimentalist, he did not even palliate his statement in the manner of the Stock Exchange Gazette (London) which declared: "Hard times get the best out of individuals and out of nations. . . . The pent-up energies of this nation will not be restrained forever."

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