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...change, although unexpected, nevertheless failed to elicit selling except to a minor extent in the bond market. It was generally taken to indicate the end of the period of very easy money which has prevailed in Manhattan since last summer; and also the long way that financial and industrial recovery has traveled since that time. Evidently the familiar "business cycle" has not become nonoperative through the plethora of funds. Evidence accumulates that large amounts of credit will be taken up by agricultural efforts this spring to plant large crops at high prevailing prices, and by considerable commercial expansion. Also...

Author: /time Magazine | Title: Business: Current Situation: Mar. 9, 1925 | 3/9/1925 | See Source »

...unsatisfactory conditions relating to state and local taxation in this country continue to elicit protests from prominent business organizations. Between 1921 and 1923, U.S. Federal taxes have been reduced about a billion dollars, and should continue to decrease in the future by the steady retirements of Liberty Bonds from European debt payments. State and local taxation, however, presents a very different case. Lavish borrowing by the issuance of tax-exempt bonds has been the order of the day ever since the armistice. In 1919, state and local governments in this country borrowed $691,000,000; by 1923, they were borrowing...

Author: /time Magazine | Title: Business: State and Local Taxes | 1/5/1925 | See Source »

...with thankful hearts that the public begins to see the Oil-Scandal scareheads fading from the newspapers. Now that the air is beginning to clear, Senator La Follette and his iconoclastic apostles are likely to elicit little sympathy with their pointless attack on the new attorney-general. This diligent unearthing of tenuous "Wall Street connections" begins to cloy even the ravenous palates of Western farmers...

Author: NO WRITER ATTRIBUTED | Title: MUD PIES | 4/9/1924 | See Source »

...campaign of the year in his talk on the "Choice of a Career." In the past the undergraduate has had a right to complain that the College was not helping him directly in his most difficult problem. His criticism is being met and in the future his complaints will elicit no sympathy. Tonight he will have the very opportunity which he has been demanding--the opportunity to hear from a man eminently qualified to speak on the subject the reasons on which to base a wise "choice of a career...

Author: NO WRITER ATTRIBUTED | Title: "DOCTOR, LAWYER--" | 12/14/1923 | See Source »

...when the politician who promised the farmers that their wheat would sell at $1.00 a bushel could surely elicit their applause and probably their votes. Today, after the huge war prices for grain, no little consternation was caused when wheat descended on the Chicago market under $1.00 a bushel for the first time since the outbreak of the War. Since the price of wheat will prove a major factor in electing our next President, politicians as well as farmers and speculators are now studying the wheat situation...

Author: /time Magazine | Title: Business & Finance: :< Dollar Wheat | 7/23/1923 | See Source »

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