Nothing to Worry About?

Like a man taking his first parachute jump, U.S. business had dreaded to step off into reconversion. But last week the National City Bank of New York said that the drop in production had been unexciting, the landing surprisingly easy. In its monthly letter the bank rosily reported:

". . . Businessmen are not looking upon the decline in war work with fear or dismay but . . . with relief. Readjustment must come . . . and the sooner the better. A tendency to view the reconversion prospect with greater optimism is in evidence.

One reason is that despite cutbacks...

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