Business: Cold Fact

Stanchest defender of the faith in contracts, Wall Street last week exhibited a severe case of financial jitters over the possibility that the U. S. Supreme Court might uphold the inviolability of the so-called gold clause (see p. 18). Completely lost on the agitated gentlemen of the nation's downtown districts was the cold fact that 1935 was already setting new recovery records.

Public reception of new models at the New York Automobile Show—a business pointer which important motor executives take so seriously that they seldom fail to attend in person—was unanimously conceded...

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