Word: sicker
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Dates: during 1924-1924
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Easy money is no doubt the crux of the present situation. It is alleviating the inevitable shock of a liquidation of real estate and rentals. It is carrying many industrial concerns which have been sick ever since 1920 and are even sicker today. It is facilitating railway and utility mergers, and European recovery. But unless it leads to inflation, American business remains distinctly spotty. The Kansas farmer this year is in luck, while the textile-mill operator of New England is distinctly out of luck. The time for the average business man to shut his eyes and dive...