CO129-250 - Acting Governor Barker - 1891 [6-8] — Page 691

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tone and cease to be subject to depressions like the present. One of our correspondents who has written against the Bill says, "In- "vestors do not exist here; all operators are "more or less speculators." And why? Be- cause investors do not think it safe to buy shares to be played battledore and shuttle- cock with by the manipulators; they con- sider it more prudent to place their money on deposit in the banks. Admit investors to the market on fair terms and the price of stocks would be maintained at a much steadier level than has hitherto been the

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