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Story
March 3, 1930
The Bismarck Tribune
Bismarck, Mandan, Burleigh County, Morton County, North Dakota
What is this article about?
Secretary of Commerce Lamont in Washington on Mar. 3. predicts U.S. business will return to normal activity within two months, as the recent slowdown eases and spring boosts outdoor work and employment.
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Full Text
Normal Business Rate
In 2 Months Forecast
Washington, Mar. 3.—(P)—A prediction that American business activity would speed up to a normal rate within two months was made today by Secretary of Commerce Lamont who said that a slowing down in the last six months had not been as extensive as had been feared, and that the approach of spring and warm weather would increase employment.
"My own opinion is that during the forecast of this year American industrial enterprise has had inevitably to slow down," he asserted.
"That slowing down seems to be passing over and with the usual increase of outdoor work in the northern states, as weather conditions moderate we are likely to find the country as a whole enjoying its wonted state of prosperity."
In 2 Months Forecast
Washington, Mar. 3.—(P)—A prediction that American business activity would speed up to a normal rate within two months was made today by Secretary of Commerce Lamont who said that a slowing down in the last six months had not been as extensive as had been feared, and that the approach of spring and warm weather would increase employment.
"My own opinion is that during the forecast of this year American industrial enterprise has had inevitably to slow down," he asserted.
"That slowing down seems to be passing over and with the usual increase of outdoor work in the northern states, as weather conditions moderate we are likely to find the country as a whole enjoying its wonted state of prosperity."
What sub-type of article is it?
Historical Event
What themes does it cover?
Recovery
Triumph
What keywords are associated?
Business Forecast
Economic Recovery
Lamont Prediction
Spring Employment
Industrial Slowdown
What entities or persons were involved?
Secretary Of Commerce Lamont
Where did it happen?
Washington
Story Details
Key Persons
Secretary Of Commerce Lamont
Location
Washington
Event Date
Mar. 3.
Story Details
Secretary of Commerce Lamont predicts that American business activity will speed up to a normal rate within two months, following a slowdown that was less extensive than feared, with spring weather expected to increase employment and restore prosperity.