The cancellation of contracts entered into on Monday caused a considerable amount of exasperation and unpleasantness and. in certain cases, probably some loss. The banks. of Having to face the prospect of a reassisting business Metal. fusal by the Stabilization Board of their application for exchange. which they had sold at the official rotes, their predicament was an awkward one and. in the circumstances. they are deserving of some sympathy.
On the other hand, the merchant could take up the attitude that there was no room for sentiment in business and that, having entered into a clear-cut contract with a bank. he was not concerned directly or indirectly with the the operations of a Stabilization Board of which he knew nothing and cared reets Jess. Or. alternatively. and this pened. he might There is no desire to be unduly harsh in criticism of measures introduced il ce il
Text read from the printed page and cleaned; old type leaves the occasional error.