BRIGHT PROSPECTS IN U.S. FORECAST
NEW YORK, Nov. 1 (Recd 11.5 pm). —United States business was having “another tremendous year in 1949” despite steel and coal strikes, Treasury Secretary John Snyder declared today. He told the American Bankers Association Convention in San Francisco that the present stoppages could dominate the business picture only temporarily. When they were settled production would be expanded to build up depleted stocks. Snyder said pessimistic predictions that the United States could not return to “conditions of abundant supply without severe of economy have been proved unfounded.”
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Wanganui Chronicle, 3 November 1949, Page 5
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91BRIGHT PROSPECTS IN U.S. FORECAST Wanganui Chronicle, 3 November 1949, Page 5
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