People invest when they see their investment is likely to be secure and a profi For various reasons they began to ere was no chance of a profit the latter months of 1937. were alarmed by Presidents deter mination to go ahead with a reform programme which they felt in part responsible for the depressic n; they were alarmed at the hostile adopted by many government men and they were al foreign situation These and other ci instances made them spontaneously refrain from investment. The idea of a deliberate "sit-down strike" organized by Wall Street becomes ridiculous hen examined closely. More Government restrictions, more strikes, a
Text read from the printed page and cleaned; old type leaves the occasional error.