Word: checkrein
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Dates: during 1923-1923
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...confirm such less optimistic opinion, although April pig production set another high record. The strong banking position, however, indicates that should present business activity fall off, no such tremendous speculative liquidation as that of 1920-21 will be witnessed, except possibly to a limited extent in real estate. The checkrein to the current expansion of trade and industry will, it is generally agreed, be afforded by the shortage of labor, and the already recognized tendency of labor to lessen productivity under higher wages, which is usually a sign that the peak of prosperity is not far away...