Business & Finance: Spreading Bog?

Economists are generally agreed that if the U. S. pulls England after it into Recession, the world will be in for another bona fide depression. In Cleveland last week talkative Colonel Leonard P. Ayres once more turned his beady eyes upon the subject. Said he: "It is still uncertain whether our business collapse is going to result in a new depression in the rest of the world. Canada experienced a rather sharp decline in production from November to January. There has been a moder ate decrease in the volume of international trade. For several months unemployment has been progressively increasing in...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!