Business: Index

"I believe that we have reached the turning point in the Depression," said General Charles Gates Dawes last week in Chicago. Because he was fresh from the presidency of Reconstruction Finance Corp. his statements commanded attention. "It is the smaller business enterprises with low overhead expense which seem to be showing improvement," he said. "But in time the larger ones must necessarily follow. ... I would attribute much more importance to the increase in electric power consumption in the country during the last two weeks...

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