Abstract

Finance

Various industrial leaders and financial experts have recently given their views concerning the future of business in the United States. One of the most interesting prophecies has come from Judge Elbert H. Gary, Chairman of the United States Steel Corporation, who has often made shrewd forecasts of the business outlook. Judge Gary asserts that' a period of great prosperity is in store for this country after the readjustment of business from a war basis to a peace basis has been accomplished. Various industries have already made progress along these lines and although the price-cutting movement has not gone far, it has affected the price schedules of some of the largest industries, with the result that a return to peace conditions has been very largely effected.