Salt Lake Telegram | 1909-01-08 | Page 8 | A World Wide Depression

I A WORLD WORD WIDE WIE DEPRESSION Although the thc recovery has already begun statistics are arc only just becoming available a which reveal cal the extent to o which tho the trade of ot the world was affected affected af- af nf by the tho depression which began I in the fall faU of 1907 The Tho people of the United Unite States have hwo bitter biter reason reMon to know the tho immediate effects of that decline de In j. j dine cline cin in prosperity but they aro only now learning that the principal countries countries coun coun- tries of tho the world shared in their ther Ciatress Cia dis is tress Of tho the twenty five c nations whose statistics are available to the department depart depart- ment of commerce nearly nearh were ore in IDOS obliged to curt curtail ni their foreign for for- eign purchases purchase and all 1 but four of ot them sold gold 1011 less of ot their products to other na an- tons Omitting tho the United States the time monthly decrease iu mu imports of these countries amounted to fully while the average a monthly exports export were smaller by bj titan than in 1 1907 IDO- IDO Philadelphia Led Ledger er