INDUSTRIAL STRIFE IN AMERICA.
Dark Days in Store.
A great financier is reported in the New York World of 4th October last to have said to an interviewer. " You ask me whether the worst stage in the present commercial depression has been reached. I can scarcely trust myself to answer: for, if I speak at all, I must speak the truth as I know it. The fact is we are now at the very beginning of industrial hard times. This country (United States of America) will sweat blood before many months, and before tho year is over it is likely that hundreds of thousands of men will be idle. We arc only catching glimpses of the steep part of the down grade. Before we get to the real bottom the country will know what commercial agony is."
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Bibliographic details
Wairarapa Daily Times, Volume XXVIII, Issue 7724, 25 March 1904, Page 6
Word Count
137INDUSTRIAL STRIFE IN AMERICA. Wairarapa Daily Times, Volume XXVIII, Issue 7724, 25 March 1904, Page 6
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