Business & Finance: Current Situation: Apr. 28, 1924

Nothing is quite so easy to do, or so unfair in the ''doing, as throwing mud at former prophecies that haven't "panned out." Hindsight, now as previously, is much simpler than foresight. All the same, there was heard last week considerable criticism of the bankers and industrial leaders who last Fall predicted great prosperity this Spring. The Spring has come, but profits in most lines of industry are getting leaner each week; in some industries they have disappeared.

After all, the only future events, of which even prominent bankers are certain, are...

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