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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 01, 1921
Page
12
In 1921 the nation faces industrial unsettles as the war ends and a general readjustment is needed. Prices, wages, and output must realign across agriculture and industry. restoring balance requires lower costs, revised pricing, and widespread effort. The article urges construction, especially housing, as a key starting point.
The 1921 business forecast emphasizes price stabilization as essential after 1920s price decline and liquidation. It cites war demand, credit easing, and unemployment as factors, urges active business roles, and links foreign trade, investments, and migration to a firmer world economy. The piece asserts the U.S. remains financially and politically sound.
The 1921 outlook predicts gradual improvement after a war boom and a price decline driven by higher discount rates. Cited are ongoing international debt, weak exchange, and calls for Edge Act corporation aid, with emphasis on work as the cure and cautious optimism for banks and farmers alike.
The article notes 1920 as a year of deflation and successful return to normal business conditions after World War I. It cites war production, reduced peace time output, and rapid money expansion as drivers of inflation earlier, with a later easing amid less extravagant personal spending. Continued on Page 13-181 Columns.
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