Saturday, June 12, 2010

Positive Thinking, Depression Style

From the news for June 11, 1931, as reported in The Wall Street Journal and reprised at News from 1930:
T. Watson, IBM pres., speaking to the Financial Advertisers Assoc., calls for more active education on current investment opportunities: "Speaking to you toward the end of this depression we are going through - and in my judgment we are near the end - things generally are showing some improvement. It would help tremendously if the financial advertising profession could devise a plan ... for placing before the public the investment opportunities which exist today."

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