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Show PHONOGRAPHS. The census show.s that about $98,-1000,000 $98,-1000,000 worth of talking machines and records were manufactured In America Amer-ica last year, against about $159,000, ! 000 In 1919. Near-Blgbted economists aro seizing on these figures and talking about ("tremendous decline In phonograph i production." The decline, you will notice, Is re-vested re-vested only in money, reflecting lower' prices. In actual number of phono graphs and records, there was a big gain. It la hard to get the prlco hoax out of the brain and think of economics econom-ics in terms of actual commodities. i oo I |