Evening Republican, Volume 22, Number 178, Rensselaer, Jasper County, 30 July 1919 — PUT PROFITS INTO DIAMONDS [ARTICLE]

PUT PROFITS INTO DIAMONDS

Many Reasons Why Increased Demana for Precious Stones Invariably Follows Devastating War. The waste of war, by which many suffer and few reap returns, is always accompanied by a demand for preclou* stones. This war has differed only from other wars in that the demand was greater. ■ -Profiteers In the allied countries have bought for the purpose of display. Profiteers in enemy countries want diamonds, because they supply the safest way of concealing new-' ly acquired’ wealth. As the diamond Industry is the closest corporation In the world, values are not likely to de predate, unless all the profiteers want to change their Investments at the same time. At the present moment the price is higher than it has ever been. The diamond dealer is of all traders the least hampered by office restrictions. He frequently carries the bulk of his stock in trade about with him in his waistcoat pocket. The publie street Is, as often as not, his only market place. In Haton gardens, which Is the chief center of the diamond industry in London, may frequently be seen little groups of two. three, or more well-dressed men, peering Intently through little monocle lenses at gems worth many thousands of dollars.