Translations:CP 02812/63/en
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- ↑ Proust simplifies Hauser's sentences, which in Hauser's letter from 30 July 1914 (CP 02810; Kolb, XIII, no. 159) were more precise: "I advise you to count as nil in your inventory the various stocks for which you are a buyer in liquidation, and to see whether you still have enough to survive with the income from those that remain. Should that not be the case, you would be wise to salvage whatever can still be salvaged." Hauser's advice is clear: since stocks have drastically fallen due to the impending world war, any stocks that Proust had purchased as "futures" will not be worth much. What's more, he will no longer be able to sell any stocks he holds in banks in enemy countries (such as the Warburg bank), since commercial relations will be suspended. In other words, if due to the massive sales of stock he has just ordered, Proust's income should become insufficient, it would be better for him to liquidate, at the end of August, any stock for which there is still demand, no matter how low the price. [FL]