SLUMP IN STOCKS.
APPEAL BY THE PRESIDENT A GOOD UFFECr PiPti-, Ahsocialinn-By Telegiaph-Copy light Received 11.15 p.m., Novembu 19th XEW YORK No\ 19
Pr.ricknt Roosevelt in ,i dettci to Mj Cortelvon appeals to the people to let business take its natuial couise, which would not involve a paiticle of tisk to the banks or trust companies; The crops, good business conditions, ,and sound piov peiitv, aie abounding. He uiges ceacing the hoaiding of money, and announce 1 - that the leaders of Congi n ss aie considering a cunency measuie" to permanently n m t fne needs' of the situation, and that it is expected to pa«-s <>aily in the ■ which openft in a fortnight. LONDON, November 19 The '" StaniUid" says that Mr Cortelyon's plan, backed bv Piesidtnt Roosevelt's letter. has eased the New York market, and thai further confidence is shown.
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Bibliographic details
Timaru Herald, Volume XIC, Issue 13447, 20 November 1907, Page 5
Word Count
141SLUMP IN STOCKS. Timaru Herald, Volume XIC, Issue 13447, 20 November 1907, Page 5
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