Foreign News: Badly Run Down

When they think the stock of their companies is selling too high, conscientious tycoons will often sound a warning. But mum is the traditional word when they deem it is going too cheap. Last week this convention of high finance was crisply broken by potent, unconventional Viscount Rothermere, dynamic chairman of the largest chain of British newspapers and allied interests.

"Just now the Stock Market is badly run down," pontificated the Viscount in his Daily Mail, Britain's daily of largest circulation (1,989,043). "I am sorry to see that the wave of apprehension . ....

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!