Word: fors
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Dates: during 1920-1929
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"Due to the suspension of much of the European industry during the war, our foreign trade has been greatly augmented consequently taxing our industries to the limit. Europe will snatch up our products so fast there will be no opportunity for a slump."
When asked by a CRIMSON reporter whether there would probably be a tendency toward the lowering of the present high wages and high prices, Professor Caryer replied, "For the immediate future probably not. The high prices at present are due to the fact that the demand fax exceeds the supply...
"Until European production speeds up enough to take away the great demand for our products, and until our own production is increased sufficiently to meet a part, at least, of the enormous demand, the high prices will prevail. Even then, however, they will decline very gradually and there is no...
In speaking of the return of European production to normal conditions, the economist said, "The effects of the great war will be noticeable in Europe for as much as a hundred years, and until their great national debts are paid off, their industries will probably not come fully back to...