In the first place, I want to call your attention to the fact that there are several kinds of credit, and that we must familiarize ourselves with all of them, in order that we may know how to deal with them. A doctor, you know, is a mighty poor stick, if he cannot diagnose your case, and tell you just what ails you, and yet proceeds to give you some kind of medicine, any kind of medicine for the right or the wrong disease. Indeed, he's about the most dangerous individual to have in a community. Now, unless we can become convinced that we are proceeding along right lines, because we have actually discovered the evils from which we are suffering, we had better let things alone. But our case is not hopeless, for the disease from which we are suffering has a well-known specific antidote, and it is up to us to first find out what ails us, and then to administer it. The treatment of the credit phase of the situation, or what may be in a way termed the mental aspect of the case, is probably as important as any other, and I will now try to analyze and describe credit, so that we can understand it, at least from my point of view. There are five well defined forms of credit. _First_: Credit granted to aid production. _Second_: Credit to distribute production. _Third_: Credit granted upon accommodation paper. _Fourth_: Credit granted upon real estate. _Fifth_: Credit granted to the Government, or forced by the Government. UNCLE SAM: Say, Mr. Banker, do you know what time it is? Don't you see it's half past ten o'clock? It will take you till morning to tell all about credit, and I don't know but what it would take you until "Kingdom Come." MR. LABORINGMAN: Well, I've got to be up at six o'clock in the morning, and be at my job by seven, and I want to go home. I move, we adjourn. MR. FARMER: So do I, for I've four miles to go yet tonight. MR. LAWYER: What difference does that make? The trolley goes right by your door, and you'll be there in twenty minutes. MR. FARMER: That's all right, Mr. Lawyer, I don't get my breakfast at nine o'clock as you do, but I've got to be up in the morning at five o'clock to feed my stock. I'm a-going, so good night. UNCLE SAM: This is a rather informal break-up, but I guess it will be of no use to call in the police, so good night. SEVENTH NIGHT COMMERCIAL CREDIT, LAND CREDIT, GOVERNMENT CREDIT UNCLE SAM: Mr. Farmer isn't here yet. He left in such a huff the other night, possibly he is sore--no, he is not, here he comes. MR. LAWYER: When our meeting broke up last Wednesday night, Mr. Banker had just outlined the different forms of credit, and I was very glad that he did, because it gave me an opportunity to read up on the subject and be prepared to listen intelligently, at least, to what any of you may say tonight.