As the greatest industrial country and with an overseas trade second orly to that of Great Britain, the paramount influence of America on the rest of the world can hardly be questioned, Every businessman must be concerned to ask what this movement signifies. Is it a change of the long-term trend, downwards; or no more than a secondary reaction of exceptional violence? If the former, how much farther is it likely to go? Whether or not a confident answer can be found to these questions it is essential as a first step to consider the background of the whole movement and the nature of the circumstances that are responsible for it.
"While it is still true that the prosperity of every country is bound up, in the long run, with that of the rest of the world and that no country can hope o achieve complete economic independence except at the cost of reversion to a primitive standard of living, the lies are not so immediate
Text read from the printed page and cleaned; old type leaves the occasional error.