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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