Monday, Apr. 06, 1925
Cabinet Opinion
Everyone realizes that U. S. business closely watches the Federal Government, but the equal scrutiny being maintained by Washington authorities upon business is not so often recognized. Last week, when wheat and stock were doing a sharp speculative "nose-dive," the Cabinet solemnly met to consider conditions of trade, and the "outlook for continued prosperity." after another of the Cabinet officer gave his opinion as to the present am the immediate future. Invariably, according to press reports, at least these opinions were favorable. Secretary Mellon expressed no fears for the future. What Secretary of Agriculture Jardine had to say was le widely broadcast. Possibly he was equally cheerful. Nevertheless, the task of playing Pollyanna to wheat farmers who had just witnessed a 50c tumble in wheat is a severe one to impose on so new an arrival in the Cabinet.