Business & Finance: Business: The Current Situation: Dec. 17, 1923

Washington, for many months only a prospective factor in American business, now occupies the center of the industrial and commercial stage and practically monopolizes the spotlight. If the opening legislative session will be content to follow the President's remarkable message to Congress during this Winter, business men all over the country will look back upon its work with a satisfaction utterly without record in American history.

The stock market had apparently discounted in advance the favorable nature of the message, yet instead of declining when the news was out, which usually occurs...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!