His left leg taped up after a riding mishap, Secretary of the Treasury George M. Humphrey hobbled into the Executive Office Building in Washington one morning last week to speak to an annual Governors' Conference on the state of the U.S. economy. Humphrey was quick to point out that there was no resemblance between the economy and his game leg. Said he: "We are not now headed for a depression. We see more signs every day to make us confident of the future."

Umbrellas & Overshoes. Elsewhere in Washington last week. Federal Reserve Board Governor A. L. Mills Jr. and...

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