Word: babson
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Dates: during 1920-1929
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From studying the European situation we conclude that there will be normal, pre-war market for several years, and for that very reason, I believe, business depression will be extended." Such was the interesting statement made by R. W. Babson, noted economist and statistician, in a recent interview for the CRIMSON...
...That does not mean, however," Mr. Babson continued, "that conditions will be as bad as they have been for the past few months. A little change may prevent the 'blues' and replace them by a reasonable optimism. And particularly affecting American business, you must remember that the law is working. The European war prolonged prosperity above the 'X Y' line, and the fact that goods have been selling at such abnormal prices convinces us that there will be a reaction of similar extent...
According to the chart worked out in Mr. Babson's office. American business prosperity started on its upward path in 1915, and reached its apex in 1920. The lowest point of depression will be reached in June of this year, and from then will begin a steady improvement, which will bring business back to the normal again in 1925. "In 1915," explained Mr. Babson, "we were due for a time of prosperity, but nothing like the immense growth we had. At present, however, I can see no hope for a big spurt in business...
Monday, November 8.--Menorah Society in the Parlor, address by Roger Babson in Peabody Hall, address to Freshmen by Dr. W. L. Sperry (Smith Hall...
...bring prominent speakers to Harvard, not in any sense to rival the Union's splendid program, but rather to bring to the University men who are interested in religion or philanthropic work. Some of the speakers this year have been Mr. Joseph Lee, Dr. Harry E. Fosdick, Mr. Roger Babson, Dean Charles R. Brown, Judge George W. Anderson, Dr. S. M. Crothers and Dr. Grenfell...