The Archive · 1939

Prospect Disturbing

This prospect is bound to be disturbing and the fears it engenders, unless dispersed by administration [action or allayed by successful congressional reassertion, are likely to have a restraining effect on business. However, it probably will not be [strong enough to prevent further recovery at least during the first halt when known factors are believed to be sufücient to ensure a further general rise. However, it may have a more decisive influence on the probable course of business later.

In the aggregate, business in 1939 is expected to improve some 20 per cent. over 1938 provided that no extreme ous influences interrupt the factors now at work.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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