Amador Ledger-Dispatch, 26 July 1907 — Business Moving Too Fast. [ARTICLE]

Business Moving Too Fast.

Chairman Gary of the United States Steel Corporation, before sailing for Europe, gave it as bis opinion that there would be a falling oft in tbe volumne of business during the second halt of this year. One factor in this condition, he said, was the approach of tbe next piesidential campaign, which always bad tbe effect of curtailing orders. Another point, he said, was that people bad been doing too much business tor tbe amount of money available, and that railroads had found some difficulty in scouring necessary capital. Tbe increase in the volume of money in tbe world bud not kept pace with tbe increase in the volume of business. He bad seen signs, also, of a decrease in tbe amount ot building activity, and he thought that tbe numerous investigations and exposures and radical agitation of tbe last year or two bad a tendency to make investors timid. If violent agitation should continue there would be more and more money drawn out of productive employment. Nevertheless, Judge Gary believed that the exposure of financial corruption would prove beneficial in tbe end. A contraction in business would not be wbolly'undesirable, be concluded, as tbe country has been going at too bigb speed, factor im running over time that they might fill their orders.

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