Business: Prophets

"30 Days Ago." Because at the end of 1929 James Augustine Farrell was bullish, and because at the end of 1930 he was silent, many a person thought that perhaps the president of United States Steel Corp. nursed dark, not-to-be-spoken views. Last week all such ideas were quickly shattered. In Chicago blocky, white-haired Mr. Farrell arose to address a convention of the National Canners and National Wholesale Grocers Association. He was far more bullish than those who predict a turning-point in the "not distant future." Said he: "The peak of the Depression...

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