TEXT OF READING 261-8 M 45 (Banking, Investments, Protestant)

This psychic reading given by Edgar Cayce at his home on Arctic Crescent, Va. Beach, Va., this 4th day of February 1933, in accordance with request made by self Mr. [261], Active Member of the Ass''n for Research & Enlightenment, Inc.

P R E S E N T

Edgar Cayce; Gertrude Cayce, Conductor; Gladys Davis, Steno. Mr. [261].

R E A D I N G

Time of Reading 3:00 to 3:40 P. M. Eastern Standard Time. Long Island, N.Y.

1. GC: You will have before you the body and enquiring mind of [261], present in this room, who seeks further advice, counsel and guidance in the carrying on of his present work and in preparing for the future. You will answer the questions which he will submit.

2. EC: Yes, we have the body, the enquiring mind, [261]; this we have had before.

3. As to the general PHYSICAL conditions, [See 261-1 through 261-4 on gastritis] these we find in many respects very good. There are some further precautions that should be taken by the body in keeping a balance of the metabolism, through the tendency of a greater alkalinity through the system; and these will prevent the conditions of the regurgitation coming on in the system, and make for a better assimilation - that the strength, the vitality, and especially the resistance, may be kept well in system.

4. We would advise that those properties put up under the name AL-CAROID be taken occasionally after meals, especially the evening meal; as well as being mindful of the balance in the alkaline or the acid producing foods.

5. As to the associations and relations, while there are the disturbing conditions or indecisions at times in some directions (that have been outlined), the GENERAL conditions are soon to be on the improve; and there will be the greater opportunities for the body in many of the directions that have been indicated.

6. Ready for questions.

7. (Q) Since the last reading [261-7] I have become associated with Codisco, Inc., as a director and officer, and by making an investment as a member of the founders' syndicate. The capital structure of the company has been simplified, as have many details of the plan. So far the officers have been unable to secure sufficient capital to begin active operations.

261-8 Page 2

(A) As indicated in that just given, there are changes imminent in the GENERAL conditions of the many associations in these fields, as well as in others. The immediate period is the re-financing and the re-organization period of most industrial institutions throughout the country. With these changes (and with the urging that has been begun in some fields or directions) there will come sufficient of the capital for the perfecting and carrying on of the work of the organization.

8. (Q) Are the plans of the company, as they now exist, fundamentally sound; or should they be changed - and, if so, along what lines? (A) As we find, and as indicated by the ability for the interesting of capital, these are fundamentally right. We would not alter or change; for, as we find, there must be the proper basis - and these are not only practical but workable, when there is the field for the activity and in the directions that are indicated.

9. (Q) Are the officers trying to secure capital from the best and most likely sources? (A) These are good, and - as we find - will be very successful in interesting sufficient. As we see, this should come about within the next thirty to forty days - in a much more satisfactory manner than has been, or even is in the immediate, indicated. Many of the promises that have been made will be turned into realities!

10. (Q) If capital cannot be secured - (A) (Interrupting) It WILL be secured!

11. (Q) Is this activity still the best one for me to work with, and does it afford the best opportunity for the future? (A) It was indicated in that given that there were some changes necessary to be made. In the greater manner these have all been worked out, and - as we find - through this organization, through this association, there may come for the body some of the most satisfactory associations and relations.

12. (Q) Also since the last reading I have become president of the National Bancservice Corp., which has as principal subsidiaries one unit selling Christmas Club supplies to banks and two units producing and selling general printing. Losses have substantially reduced the combined resources of the organization and a re-organization must be effected at this time, or else a liquidation in whole or in part take place. Are any or all of the units so hopeless that they should be liquidated rather than continued? (A) In the greater measure we find many curtailments must be made, but there are some of the units that are worthwhile

261-8 Page 3

in their efforts being considered - with the re-organization and with the curtailment of much that has been an overlapping in the overhead. The furnishing of such supplies as indicated through such an organization is well, and - even under the stress and necessity of liquidating portions, with curtailments in many directions - should show, in the main - in the next quarter or six months - a substantial gain.

13. (Q) Should any important changes in management be made? (A) This will necessitate some important changes, especially to SOME, when such curtailments are made.

14. (Q) Are there any profitable fields available for the two printing units that are not now being sought? (A) This, to be sure, would cover a great scope of research. As we find, however, there may be considered this same type or style of service to the larger organizations that do not maintain their own service in this direction. As the larger stores or corporations, in their announcements of the varied periods that receive special notice through the medium of advertisements of that nature, see? As would be the Straus interests, or Wanamaker's, or Macy's, or the kindred natures of organizations.

15. (Q) A contract to do all of their printing? (A) Contract to do all of their printing, especially in this field of announcements, see?

16. (Q) Should the N.Y. Monotype, a typesetting unit, be continued? (A) This would depend upon the ability to make the contacts where this type of unit is necessary, for the continuing of the business. As we find, with these contacts such as Lord & Taylor's, Newman's, and those as given, there would be the necessity of retaining such a unit. But, unless these ARE gained (or these contracts), we wouldn't consider maintaining such.

17. (Q) Are the present sales force capable of making these contacts? (A) As we would find, these should be very capable. It is necessary, of course, to have what may be termed a "go on man" in making some of these contacts. Ullman's, you see - Kraus - and all of these may be shown the type of service that is capable of being furnished through this TYPE of printing. For, to many an organization or corporation, for their SUPPLIES to come through even such an one that supplies the greater bank interests is a medium that is appealing in itself! Work the psychology of the thing, as well as the business end of it!

18. (Q) Should I continue with National Bancservice Corp. or any of the units in any capacity after re-organization, or should I resign at that time?

261-8 Page 4

(A) If these corrections are made that have been indicated, then such associations would be well; for they will offer an opportunity for a service that should be very remunerative. And we wouldn't lose what has been put in! Don't send good money after bad; but with the reorganization there will be the possibilities, probabilities, and almost the assurance of success - with this ADDED type of associations or connections.

19. (Q) Is the general banking situation, on which one of the units depends, apt to improve in the near future? (A) As indicated, we will see a general change in the general banking situation.

20. (Q) Are the prospects for the printing industry becoming any brighter? (A) You would make it become brighter, by these associations and connections! And keep busy! That's what such machines have to do, to be worthwhile!

21. (Q) Is the sentiment toward inflation in this country strong enough to result in action being taken along inflationary lines? (A) We do not find it so. There is too much of the more conservative sentiment, as to prevent the more inflative turn of mind to be carried out.

22. (Q) Can any one person or group develop a sound plan for improving conditions in this country, and for a better utilization of our productive facilities? (A) No ONE, as we find; yet - as is understood in all business circles or associations - the eventualities of an activity in ANY direction will apparently evolve itself to the greater service of one, or a very FEW individuals. Yet the conditions that are necessary for SUCH a change, as WE find, are indicated by a universal sentiment of stability, in the activities of the groups that have been and are considered as those in power at the present time. This creating of sentiment must come more through propaganda, though - as understood by those in position to know the actuality of existent conditions that have caused the general depression - the business in the present is much more stable than it was during those periods when such great inflations were existent. Yet, to get such a sentiment over to the masses in their activities - or in such a manner that their activities will bespeak such is a problem for more than one; but may be FOSTERED mostly by one, two or three.

23. (Q) Is there anything that I could or should do along these lines? (A) In a general way, as in the activities, that may be shown through many of the touchstones - as they may be

261-8 Page 5

called - that will come with the associations in the organization which is about to be launched in its activity, this may be done well!

24. (Q) In the reorganization of the National Bancservice Corp., should an attempt be made to break it into its parts, or to keep it together? (A) To break it into its parts, as we find, would cause such a GENERAL digression from many of the things that are set up as units of its activity, as to cause too much trouble and worry. But, there must be a greater curtailment in the overlapping overhead, and a greater expansion in the service that may be supplied THROUGH the activities of the National Bancservice Corporation, see?

25. (Q) Regarding the physical body: [See 261-1 through 261-4 in re gastritis, etc.] Are there any particular foods that do not agree or that should be avoided? (A) As indicated, it would be well that there be considered by the body those foods that are to the body the greater acid producing. This has been indicated by the suggestion to use those properties (AL-CAROID) that will aid in the better assimilation, in forming that necessary call in the activities of the digestive organs. Not at all times do those things that agree or disagree act in the same way with the body, but these should be rather studied; knowing that not too much sweets should be taken, nor meats. This is in general. But, as to the KIND of meats - and the manner of their preparation, this has as much or more to do with the general conditions, or their effect, than the meat itself. See? These, then, are the GENERAL things to be considered. The AL-CAROID is not habit forming, for it only produces for the body at that period the necessary covering within the gastric juices of the stomach itself to make for easy assimilation of what has been taken, so fermentation - and irritation from such fermentation - does not take place within the body.

26. (Q) Each year beginning in May and lasting through July I have hay fever. Is there any way of preventing this? (A) Hay fever, as we find, comes from three different direct sources, or the classifications of those who suffer from such a condition may be put under three general heads: Those subject to odors, peculiar fermentations taking place in the atmospheric conditions throughout or wherever the body may be located. In such cases it is the supersensitiveness of the sympathetic system. Then there is the class wherein there are physical

261-8 Page 6

conditions existent in a body that produce, under the impulses of the atmospheric pressures created at such seasons, the tendencies in that direction. Then there is the general debilitation that exists, which makes the WHOLE body susceptible to the general condition. This particular body, as we find, is subject to the second class. So, there should be kept the general condition in the body that we have specified, as to bettering the resistance in the general physical forces. Also (AT that particular season) make specific corrections in the cerebrospinal system. Then, as a cleanser - or a PREVENTATIVE, in the form of an antiseptic for the general muco-membrane system (which will reduce the condition about 95% - and that would be well for the body!), prepare this as an inhalant: In a container twice the size of the quantity, or an 8 ounce glass bottle - preferably a large-mouthed bottle requiring a cork that may be pierced with 2 small glass tubes, one a bulb on the end, where it may be inhaled into the nostrils and into the mouth, put 4 ounces of pure grain alcohol (which should be 190 proof). To this we would add, in the order given: Eucalyptol, Oil of................20 minims, Canadian Balsam....................5 minims, A solution of Benzosol, a saturated solution...........5 minims, Rectified Creosote.................3 minims, Tincture of Benzoin...............10 minims, Oil of Turp........................5 minims, Tolu in solution..................30 minims. Keep this tightly corked except when being used. When ready to use, shake solution together and inhale deep into the lungs (as in smoking a cigarette) and into each side of the nostril, night and morning. With these corrections and minding the diet, you can forget you ever had any hay fever; for you won't! [7/5/33 See 341-40, Par. 10-A advising 261-8, Par. 26-A inhalant as preventive on Boy Scout trip for one of the boys subject to hay fever. It worked!] [See Par. R4, Reports of Reading

261-8 Page 7

261-8.]

27. We are through for the present. Copy to Self " " File