Business: In Washington

(See front cover)

Gravely, the U. S. Chamber of Commerce went into session in Washington last week for its 18th annual meeting. Gravely because, first quarter over, Business has not started the long march from Depression to Prosperity, merely marks time, seems dazed at its narrow escape from a drop into the sheer chasm of Panic. Well might the businessmen assembled last week have remarked, together with the venerable Commercial & Financial Chronicle: "Verily, trade and business in this country have undergone great shrinkage."

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