Two-Headed Calf

Ohio's fact-minded Senator Robert Alphonso Taft wanted to find out what lay behind the talk of recession. That was part of his job as chairman of the joint Senate-House Committee on the Economic Report, which is responsible for recommending policies to maintain high employment. So Taft asked Dun & Bradstreet to gather the opinions of manufacturers, financiers, retailers, economists, labor leaders, etc. Last week, Dun & Bradstreet reported the results of its detailed questionnaire.

A majority of those polled agreed that recession would become noticeable in the latter half of 1947. Employment,...

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