Established 1885 · Reestablished 2026
American Protective Tariff League

Library · AISA

The Iron Age 1931-01-01: Vol 127 Iss 1

1931 Reed Business Information US

Read in full

Hosted at the Internet Archive · Open on archive.org

Opening Pages

Seventy-sixth Year January I, 1931 A Challenge to Sober Judgment HE coming year will be a challenge to sound thinking and sober judgment. The wide swing from the zenith of pros- perity in-1929 to the nadir of depression in 1930 brought an equally marked change in popular emotions. Extravagant ante- panic praise of the “new era” has been replaced by exaggerated criti- cism of our economic system and a rising tide of proposals for social legislation. The high sense of social responsibility that caused industry to maintain wage scales, rotate jobs, carry on improvement programs and give aid to the unavoidably idle augurs well for more construc- tive action with the passing of the present emergency. Manufac- turers, no less than their workmen, want protection against the devastating effects of cyclical unemployment, but they will insist on sound measures, based on the solid foundation of our own tra- ditions and our own experience. s Meanwhile their main concern is when and how business can fs started on the road to recovery. In finances, processes and organi- zation our basic industries are for the most part well prepared to - keep pace with consumer d however aia it may expand, In me…

Citation

The Iron Age 1931-01-01: Vol 127 Iss 1. Reed Business Information US. 1931.