Washington, Nov. 4.
That the Administration embarrassed by the forecast made by the Bureau of Agricultural Economies early this week is authoritatively indicated.
While finding that indications pot io the American business recession being only temporary, the Bureau predicted that it will run well into next year, and will result in the National income for 1938 being lower than the estimate of $69,000,000,000 ior 1937, Mr. Daniel C. Roper, Secretary of Commerce, said that it was premalure to guess the business trend for the first part of 1038, while there are hints from other quarters that effort: may be made to counteract ihe impression of the Bureau's prediction.
IL is considered that the present ime ix inopportune for such a fore-especially when the Government is anxious io allay business fears and strengthen confidence.—
Rent
Text read from the printed page and cleaned; old type leaves the occasional error.