With a true American love of spectacles, the participants in the stock market have entered the realm of the stimulati, and they have gone about it in such a way that Mr. Ziegfeld's male interludes are conspicuously unassuming in comparison. The bears rush in to start the ball rolling, and the debacle begins. One hundred million dollars are rushed to the scene and big business sits back to reassure the public that all is well. The next day, a record sale of sixteen million shares is recorded, and the journalists throw up their hands and begin to put their noses in the way of detecting a mouse.
Several large investment firms try to calm the "little man", by offering him the eternal panacea that business must win. And the selling goes merrily on while quotations race unconcernedly to new lows Speculation still sits firmly in the saddle for "An ancient prejudice has been removed, American intelligence is on the exchange."
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