THE FINANCIAL CRISIS.

Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 9006, 20 November 1907, Page 2

THE FINANCIAL CRISIS.

- A SENSIBLE LETTER FROM THE PRESIDENT. Press Association—Copyright. Received N<->- C i>ibev 19, 11.13 p.m. New York, November 19. President Roosevelt, in a letter to Mr Oortglyou, appealed to the people tQ.let business take its natural course, which is not involved in a particle of risk. The banks, trust companies,-and orops are good, the business condition is sound, and prosperity abounding. He announces that the leaders of Congress are considering the currency measure to permanently meet the needs, of the situation. It is expected this will pass early in the session, which opens in a fortnight. . ,•■■•■• , London, .November 19. . "the Standard says that Mr Corteiyon's plan, backed by President Roosevelt's letter, has eased the New York market, and further confidence is shown.