Salt Lake Tribune | 1914-06-18 | Page 3 | Some Take President's View

Some Take President's View. WASHINGTON". J.:ne IT. As one result re-sult of President Wilson's denumhal Ion of what lie characterized as a deliberate campaign to spread abroad the idea tiiat business is in the doldrums, the White house has berun to receive letters from the manufacturers and others throughout through-out the country taking the president's view that a "psychological depression" has been created. One letter, circulated by a St. Louis hardware company, declared: "Our sales up to date this year ore just three-fifths of 1 per c-mt less than the same period last year, and if Jisr business busi-ness continues to increase as it has dono sn far. we will pain this three-f:f'!:s and probably finish the first half of the year with a pain."