Wall Street had fun last week at the expense of Major Lawrence Lee Bazley Angas and his latest pamphlet The Coming American Boom (TIME, Aug. 27). For a time the brisk, dapper London stockbroker, whose record as a market forecaster has been well publicized, displaced President Roosevelt as the most-discussed man in the Street. One day when stock-market trading dwindled to the lowest level in twelve years, brokers said it was because everyone had stopped to read Major Angas' prediction. Few days later when trading swelled suddenly to more than 1,000,000 shares and...
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