Salt Lake Telegram | 1926-02-18 | Page 3 | "Headache" for Nation Looms, Financier Says

H HEADACHE FOR NATION LOOMS FINANCIER SAYS CHICAGO Feb 18 AP AP-A AP A national national na- na ional headache is In prospect If It 1926 92 proves to be a a. greater year than ban 1925 as far as business in the United States StatE's is concerned says Charles E. E Mitchell president of the he National City bank of New York If 1926 is more prosperous than last ast year lie fie reasons it would mean Inflation the forerunner of which means a headache deflation in spots now how would be an encouragement that we would continue continue con- con to maintain our equilibrium and equilibrium is a healthy thing for the country economically Business conditions are excellent In n his opinion and the outlook Is that this year yeal will function equally as well as 1925 Mr Mitchell passed through here where he started as a clerk at 22 on his way to the Pacific coast