Recovery Predicted Before End of Spring Washington, Feb. 4.
United States business activity in 1939 may equal the 1937 recovery peak, presenting the prospect of a national income of approximately '$70,000,000,000, Mr. Jesse Jones, Chair. man of the Reconstruction Finance Corporation, announced today.
He said the Federal Government could balance the, Federal budget on the basis of present spending and predicted that national income in 1939 could reach as much as $75,000,000,000.
"I feel just as I have all alons Mr. Jones said. "I am confident there will be a moderate upturn in business starting as soon as the weather con-Gitions are favourable again, very likely before spring."
Mr. Jones said he believed that business in 1939 would be well ahead Of 1938. "As a matter of fac! he said, "it may be as good as 1i United Press. musician does not seem to know that his functions are, nor for that matter did the r er see any necessity for his being in the cast.
All in all, the picture is good entertainment and so are "The arch of Time," a Musicale and a Mouse cartoon, which pre-e rather short main feature.—
Text read from the printed page and cleaned; old type leaves the occasional error.