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To: Lucretius who wrote (56461)	8/13/1999 9:18:00 PM
From: pater tenebrarum	Respond to of 86076

something to cheer everyone up: We are now in the sixth year of a period of prosperity, that is developing a kind of business competition never before experienced in this country... It is wholly probable that the old, abrupt business cycles, with their rapid ascents, and descents, are things of the past. The country is now too wealthy, and our credit supplies too ably administered through the Federal Reserve system, to permit a return to those formerly recurring conditions... The chief advantage of the new era is that the day of business panics is past, probably never to return." - From "The Review of Reviews," October 1927.