Finance: Looking Ahead

Not alone Wall Street, but the entire country is now engaged in conjecture as to the exact interpretation to be placed upon this pronounced advance in commodity prices. While Mr. Babbitt is immensely cheered at the immediate business prospect in 1923, yet the disastrous memories of 1920 and 1921 are still fresh in his mind; he is wondering whether business is entering into such another swift and unhealthy " boom" as he experienced in 1919 and 1920. For the most part, anxiety on this score seems groundless. The 1919 boom arose from the...

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