This psychic reading given by Edgar Cayce at his home on Arctic Crescent, Virginia Beach, Va., this 19th day of August, 1935, in accordance with request made by the 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] and Hugh Lynn Cayce.
R E A D I N G
Time of Reading 11:05 to 12:00 A. M. Eastern Standard Time. Long Island, N.Y. (Body and enquiring mind, who seeks information and further guidance, advice and counsel as to national and international affairs, in the carrying on of his present work, and as to his present physical condition. You will answer the questions which he will submit.)
1. EC: Yes, we have the body, the enquiring mind, [261]; and those conditions in the affairs of the nation, that are of an international nature and that have to do with the body itself. In part these we have had before.
2. As we have indicated to the body, there have come changes in the affairs of the nation; especially as related to the National Recovery Act, as related to the associations of the body. These with others, as we find, are imminent in the thought of those that are in authority in the various associations as to THEIR status with the national affairs.
3. The more dire condition which presents itself in the present is the international entanglement seen; which will, unless there is the succeeding of the attempt in some directions to avert the activities, set on fire - as it were - the whole world. For unless there ARE changes, this condition will grow and smoulder and grow again; for - coming at the time when so many changes are imminent in the affairs of the different nations and their individual desires - it will be the cause of many changes.
4. Then, the greater volume of activities nationally must remain in securities of the nature that rely upon the peoples, and in those things pertaining to what may be called the utilities of their activities. For while changes will be made in some directions before there is the close of the present Congress or Senate, in their final analyses they will make for a better and a more secure condition - and in many instances a much better condition for the investor.
5. Ready for questions.
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6. (Q) Will you comment on general business and financial conditions as you find them in this country and also in other countries that affect conditions in this country; and what is the trend of the conditions for the next few months? (A) There is the tendency for an advancement in groups that control much of the financial policy of the country, in expanding in those directions that have been indicated. Naturally an advancement is indicated, then, in the manner of the more conservative speculative group. This, as we find, is the general outlook in this particular country: An advancement, then, in the loosening of what HAS been the investor's attitude. More of this is to be let loose, as it were. The international affairs that are acute must more and more, as we have indicated, be brought to bear upon situations. As in the Italy-Ethiopia condition. As in that of Russia with Japan. While this is far off, as we find as yet, there is every evidence that there will be the setting off of the torch that must change many conditions; unless there are those activities which we have indicated from times back to prevent such. Turmoils are in evidence, yet these - as WE find - will be met by those higher or greater influences upon the hearts and the minds of men. Hence there would be only flares and evidences of advancement in the bend market of the foreign market, as called, in particular areas. But these will, for the next few months, make for greater and better business in this particular country.
7. (Q) Is a further devaluation of the franc in France a probability in the near future? (A) This, as we find, has almost reached a stabled condition. The getting together of those that have been in authority heretofore, as in relation to these conditions, is making for a better and a firmer stabilization of same. And that there are the joinings rather of forces with Russia and with England makes for this becoming more unified.
8. (Q) Are the religious and racial persecutions in Germany by the Nazis caused by bad internal economic conditions? (A) By bad internal economic conditions.
9. (Q) Will the outcome be an external war, or the overthrow of Hitler or both? (A) We do not find it so in the immediate. This will only come as an overthrow or an outside war, as we find, if there
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is the attention of France, England, and Russia joined in the defense against Japan and Italy, or if there is an uprising in India, or if the French join with those in the African area or proletariat; that would cause the German situation to be neglected, as it were, for a time. This situation in Germany will gradually subside to a more understandable basis to the other nations as there is the deleting of the powers of certain groups, that will shortly come about. Because these overreached their powers, and produce - as it were - a turmoil within the ranks already of the Nazis.
10. (Q) Is the impending war between Italy and Ethiopia caused by bad economic and financial conditions in Italy? (A) Rather the egotism of one man, that there may be setting up of a power that may control those forces or sources of supply to Italy itself; or the attempt of the one man to become INDEPENDENT, in a manner, of other nations in certain portions of their own economic conditions. However, there may be caused an economic distress by the attitude of England, Russia, and France TOWARDS Italy in the SPECIFIC Ethiopian situation; that is, there may be such an undercurrent of attitude as to cause this. But it will not come to a head, as it were, before the latter portion of the coming spring or the summer.
11. (Q) The impression prevails among business men that the present improvement in business is in spite of rather than because of the program of the administration; that recovery would have been much faster except for the legislative recommendations of the administration. Will you comment? (A) This may be termed, or is what is called, whispering propaganda on the part of those who have FORMERLY been in power. To illustrate: As Moses in New Hampshire. As the activities through these in the Middle West. As Lowndes, as Hoover, as such. These have been - being in the wake, not employed, not called on, but - "Don't you think it would be well for this to be presented in this way or manner or attitude?" See? From those in authority. Yet this with other conditions is having such an influence upon the administration as to weaken the force and power of the administration. Hence the dissensions in the legislative bodies, not only in the government as a union but - as indicated - in the various centers. As the situation in New England. As the situation in the north- eastern south portion of the country. As in the Middle West. As in Ohio, Indiana, portions of
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Pennsylvania, western New York. These are indications that the POWERS, as it were, are being dethroned. Unless there is a general trend of a more constructive nature in the administration's activities, in the next few months, there will be little likelihood of the administration carrying on.
12. (Q) Are the social changes apparently desired by the administration practical, or will their cost make budget balancing impossible? (A) As we find, as indicated, these are in such position as to make it very bad. But the uprisings in those particular areas indicated, by the conditions that exist in states and sections of the country, may alter the policy of the administration as to bring about more accord with that which will allow economic and social changes such as to allow a nearer balancing of the budget. Else, as indicated, there are so many that may become soreheads that it would require a great deal of diplomatic handling to prevent - until the winter and the early spring - some turmoils within. Just as indicated by the settling or the changing of the associations' activities in these directions of the government in its relations with those conditions immediately in the New York vicinity.
13. (Q) Has Roosevelt lost much in popularity due to his recent actions? (A) More due to that said in jest than anything else. This jest has been made the scapegoat; yet it, as anything that may be said and taken up as a chorus, may become very destructive to the policies of those in authority. Yes, he has lost in popularity.
14. (Q) Is the trend toward radicalism in this country on the increase or has it begun to wane? (A) It is the trend in groups, in certain classes; NOT as a whole. And unless there are such activities that would "set same off," as it were, there is not a likelihood of its gaining much greater foothold than indicated in the present.
15. (Q) Since the last reading, and as a result of the death of Henry R. Putnam, I have been elected President of Henry R. Putnam, Inc., located in room 1620 at 420 Lexington Ave., N.Y., and engaged in investment management or investment counsel. Am I correct in assuming that this step is in accord with the suggestions given in the last two readings? [See 261-13 & 261-14.] (A) In accord. And if the entity holds those same attitudes that have been indicated, and that have been evidenced by the activity, these will grow and grow and
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there will be greater and greater expansion through these offices.
16. (Q) Should the activities of the company be directed to complete investment management or limited to investment counsel or advice? (A) The greater help, the greater aid can come through the counsel and advice, rather than the completing of same; without making such an overburdening of the activities of such an office or such an organization, unless it would be changed more into what would become rather a clearing house or a banking institution, see?
17. (Q) The receipt by me of any substantial income depends on a large increase in the volume of business. Should any active steps be taken to secure new business, and if so along what lines? (Q) The policies that have been adhered to by the organization will be the better manners, as we find, to make for an increase. While it may be slower, it is much saner, much safer as a growth. For, as we have indicated, when there is the seeking more and more for the outlets for the investments that are being loosened more and more may be expected to come to and through this office.
18. (Q) Should we specialize in business for individuals, or should we include banks and other corporations? (A) As WE find, it would be well to include corporations and banks in certain phases; or the trust departments of same, at least; as well as the individuals. For these give, in their combination, a better chance for the real cooperative activity to make for the counsel to be, as it were, a continuous or a contingent thing throughout. For this would allow channels for the outlet for the advice to be carried on, without the burdensomeness of necessary machinery for the carrying out of the advice through the same offices, see? For it would become then as a wheel in a wheel, and roundabout.
19. (Q) Has J. H. Humphrey sufficient aptitude for the work allotted to him and will he be sufficiently valuable to justify our continuing him, or should he be replaced possibly by a girl? (A) As we find, there are many conditions to be considered in this connection. Weigh all well, from every angle. And, as WE find, the decision will be to replace him. Do these weighings, do these changings, through considering all the various angles of same, however; and then allow sufficient so that some of the things that are a portion of the entity's (Humphrey's) make-up will not show themselves. But weigh the situation well.
20. (Q) If he is to be replaced, what suggestion can I make
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to him so that he can secure employment to his best advantage? (A) That is part of what we have indicated, as to how the situations should be weighed well. That there is the necessity for the changes, for the cutting in this and that direction; and for the insuring of self in a field of activity that might become more in keeping with his aspirations.
21. (Q) Our general investment policy for customers' accounts at this time is as appears on the sheet of paper held in my hand. Have you any comments or suggestions? (A) As we find, this is a very satisfactory manner, very satisfactory policy to hold. Of course, it would depend upon whether there are to be any great changes or not, as to how much is to be carried forward by the company in supplying or furnishing the carrying out of those policies of the counsel and advice; and as to how many connections are made in trust organizations, or corporations who supply a channel not only for seeking counsel and advice but for activity in assisting to carry forward the policy outlined.
22. (Q) The industries we believe to be in the most favorable position are also listed on a sheet of paper held in my hand. Would you suggest any changes or substitutions? (A) In the present, as we find, the list here is very satisfactory. There are a few changes that may come about later, with the opening of some of those activities indicated. But in the immediate present, no particular change, as we find, is indicated.
23. (Q) The common stocks constituting our present "Buying List" are also given on a sheet of paper held in my hand. Are there any stocks listed that should be removed or any others that should be added? (A) These are rather broad, of course, to view in a moment; for it becomes necessary to seek into the activity and policies of those various organizations that are presented here, and their difficulties or their advantages in the various things. But, as we find, not a great change in the present. We wouldn't change in the immediate future, especially for the next three to four months.
24. (Q) Should funds awaiting investment be invested at this time, or is it probable that a more favorable time will occur in the near future? (A) A more favorable time will occur in the next month; but this is practically, to all intents and purpose, one and the same thing. As there are the accumulations, then use them - or put them or distribute them in the various manners as the policy of the entity has been heretofore.
25. (Q) Have you any other comments to make as to the
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investment management activities or how our service could be improved? (A) From these GENERAL conditions that have been indicated, we find that the consideration by the entity and the associates in the relations and activities that will be imminent or active in the next few weeks will cause policies to be formed, but for the immediate these are correct.
26. (Q) Is there any reason for not continuing with the plans for a reorganization of National Bancservice Corporation this fall? (A) No reason why there shouldn't be a reorganization. It's the same old conditions that have arisen, but with the changes in the reorganization should make for the least loss in some directions and for greater opportunities in others.
27. (Q) The present thought is a division into three parts - (1) The Christmas Club activities (2) The Rogers-Kellogg Stillson Co. and other N.Y. printing activities, and (3) The Wilson H. Lee Co. at Orange, Conn. Does this division into independent units appear sound? (A) This appears sound and safe. As we indicated to the entity in the information given previous to this, such might become necessary in the activities of this organization.
28. (Q) The president of Christmas Club, located at 341 Madison Ave., N.Y., is Herbert F. Rawll. In planning for the future of Christmas Club, how much confidence can I properly place in Mr. Rawll? (A) As we find, unless there are other influences - as the conditions exist in the present - the confidence may be placed to the fullest extent in Rawll. So long as it is shown to him that there is the probability of the success, through the efforts, the associations and connections being established in this direction, he's there to the end. We find that he is of the very aggressive type in some ways and manners, yet the aggressiveness is a peculiar sort - but of the type that we meet at times.
29. (Q) Do you note any favorable developments in the activities of the William F. Goodwin associates and the A. G. B. Associates located at the Grand Central Palace Building, N.Y.? Goodwin, Morton, Bedrian at 460 Lexington Ave.? (A) We don't get these. Something wrong with these; as we find the outlook is very good, though, considering the general situations here. Those little difficulties, as we find, are indicated more from personal conditions, and will adjust themselves. And, as we find, the outlook is very good.
30. (Q) Regarding the physical condition [See previous rdgs. for his long standing gastritis]: I have a condition of stiffness in the lower back - worse in the morning,
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better later in the day, but always present. What is its cause and how can it be eliminated? (A) As we find, the cause arises from what may be termed the after effects of the disturbance through the digestive system, that has found lodgement where the circulation has not been carried in its proper way and manner through the system. So we have a sort of an accumulation of sediments, as it might be termed, or refuse forces in the activities of the body not eliminated from the system. We would take some measures to keep the exercising of the body such as to increase the circulation more to the extremities, or have certain types of baths; as the sitz baths and the salt rum rubdown, or of such natures; or a rub that will stimulate the circulation to pick up same and carry same through the system. Otherwise, these conditions may become very disturbing to the body. But in either of these ways or manners, as we find, they may be materially aided. Preferably, let the body TAKE THE TIME - about two or three times a week - to have a good workout in a gymnasium; with a sitz bath and a rubdown following same, about twice or three times a week. Take about an hour to an hour and a half at each treatment to do this.
31. (Q) What beverages do you recommend for me, both at meals and between meals? (A) As we find, the Kaffa Hag or the cereal drinks of morning would be the most preferable. Between the meals we would use malted milks or dried milks, with egg beat in same. At the noon meal, with the food, we would take rather the Bulgarian milk, or sour milk - as would be broken up, such as these, see? With the evening meal we would take Nova Mate, or things of such nature; provided these are not too strong.
32. (Q) How much liquid should I take each day? (A) Water about eight to ten ounces; the liquid drinks about an equal amount.
33. (Q) Do you mean ounces of water or glasses? (A) Eight to ten OUNCES! We know what we are talking about! You double this and you have twenty ounces, which would make half a gallon! And if he takes most of these, he would be well flushed!
34. (Q) Any other advice? (A) As we find, there might be much said in many relationships; but for the present: Keep the faith; work, budget the time; play, and carry on; putting the trust in Him for the results. And we will find more and more of JOY in the activity and in the associations
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made.
35. We are through for the present. Copy to Self " " Ass'n file