Business & Finance: Kindly Lights

Gloomiest business comment of many a week was that of New York's Governor Franklin Delano Roosevelt after inspecting State insane asylums. "Unemployment and worry over economic circumstances," said he, "are helping to break down mental stability." He attributed the abnormal increase in asylum patients largely to "economic conditions."

Last week as a whole, however, showed many a kindly light amidst the encircling gloom. True it is that prosperous earnings reports are urgently needed at present, and hence should be somewhat discounted. And true it is that...

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!