AMERICAN OUTLOOK CHANGING
“Under the !>’ sure of depression, American psychology is undergoing real, if slow, transformation, sajs the Bound Table. “The doctrine of in dividualism is losing its magic. old free buccaneering day., n every man fought for himself and the. devil 7 ruthlessly took the hindmost, are gone for ever. There is now a socm! consciousness developed, w ic posing all kinds of administrative limitations on unfettered TO “P etl ‘ l ° n - Business itself is demanding the mean. ,f restricted cut-throat competition bj regulating production to reasonable levels. Rationalisation Itself is in nee of rationalisation. In the lace ot growing overseas trade the philosophy of high protection is being subjected to a critical re-examination. In a word, the old bottles will not hold wine of prosperity. An era of un ampled progress has been bought to a summary end. It was the final flourish of individualism and isolation. A new period is now beginning « which prosperity will be gradually rebuilt, foi the foundations are linn, but by metnods based on the needs of the new world rather than the habits of old.”
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Wanganui Chronicle, Volume 74, Issue 108, 9 May 1931, Page 13 (Supplement)
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183AMERICAN OUTLOOK CHANGING Wanganui Chronicle, Volume 74, Issue 108, 9 May 1931, Page 13 (Supplement)
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