MARTINS BANK.
The views which Sir Richard D. Holt expressed to the shareholders of Martins Bank in the speech which Lord Colwyn read on his behalf on Tuesday are of special interest because Sir Richard, besides being a bank chairman, is also a prominent shipowner. He is an optimist with regard tp Great Britain's basic industries. Home trade, in his view, is still satisfactory, and he deprecates untimely refer- ences to impending depression, because he feels that the talk of depression has caused buyers in various trades to hold off and has accentuated the slowing down of business. Sir Richard's regret is rather that the more lucrative home markets have caused industrialists to neglect the export side of their business. He believes that any further upward swing of business depends upon the revival of international trade.
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