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Canada and India are both unlike Australia
in their trade movements ; while in North
Europe, Belgium and Switzerland, although
near neighbours, show similar differences in
their respective trading conditions (see chart
of price-movements in different countries).
Indeed, by consulting a financial expert who
thoroughly understands the Geographical
Distribution of Capital, new divisions can
be arranged in any quarter of the globe
where it seems to be expedient. This is a
very important point to bear in mind when
it is desired to realise any particular stock
which has shown a substantial appreciation.
We will proceed to illustrate on the map how
these realisations and re-purchases should be
carried out in practice.
Let us suppose that the stock which is
represented by the pin in Italy shows a
realisable value considerably above cost price.
That is to say, suppose that after a period of
trading prosperity the increased purchasing
power of the Italian investor has carried the
price of Italian stocks up to a point where on
their realisable value they return but a low
rate of interest. Then this stock should be
realised at a considerable profit, and the
proceeds should be invested in a stock of the
same width of fluctuation in a country in the