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The Iron Age 1932-10-27: Vol 130 Iss 17

1932 Reed Business Information US

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ESTABLISHED 1855 Gu: : : — ..THE IRON AGE... NEW YORK, OCTOBER 27, 1932 Tariff ls Key to Steel Industry's Future N attempting to evaluate the pr ent status of the Americar industry and to forecast its fu ture trend, reference could be made t« the meteoric growth of that industry and the rapid diversification of its product. ' the depression, we have come to won gut, having been jolted der whether past development is ar criterion of the future, Trend lin may be prepared that are alarr g or reassuring depending on the met} employed. At best, any forecast the future is a guess. purely on statistical factors undou edly has some value, but it has the disadvantage of ignoring fundamenta changes in world economic an ‘onditions There is disagreement as character of these changes. And no doubt true that their full sign cance will not become clear unt passage of time gives us a better pe nective However, decision ur walt licies must be eterml! I that w yrofoundly affect ou Upon our present foresight i of foresight will depend the fortun: or misfortune of coming generatior The Free Trade Argument We are at the fork of the road Which way shall we go? A powerfu group of internationalists urges …

Citation

The Iron Age 1932-10-27: Vol 130 Iss 17. Reed Business Information US. 1932.