16 FEBRUARY 1929, Page 36

• THE TRADE VIEW.

• Given the imposition of the present Bank Rate for "a Comparatively short period, there is no reason whatever for apprehending any undue ill-effects on the trade of the country • on the contrary, if there were signs that the Bank Rate was achieving its object, it would not be long before hopes of easier money rates were having their good effect. With; all deference, therefore, to those who may have speculative interests at stake in the Stock Markets; it is difficult to escape the conclusion that the good of the general community, and of trade in particular, is more likely to be found in healthier conditions on-the world's stock exchanges and a decline in the value of