OCR Text |
Getting a Firm F Footing ECONOMISTS ECONOMISTS are agreed that we cannot have havea Ej ii a lasting revival of business until the capital goods market begins to flourish once otice more It Itis Itis Itis is accordingly encouraging that the Jones Jone's L Laughlin Steel corporation is to spend in an improvement and expansion program or or at least has submitted such a program for approval of its st stockholders A building program am of this kind is not only an indication that steel men see better business ahead It would be a direct stimulus to the heavy goods industries a boon to the railroads to the Ole purveyors of bulky raw materials a and d to the labor market Coming on the heels of a program recently announced by U. U S. S Steel this action gives reason reason hope to hope that recovery is ge getting fing under way at the bottom the of-the economic pyramid |