The American Architect, Vol. 119

Download or read book The American Architect, Vol. 119 written by and published by Forgotten Books. This book was released on 2018-03-22 with total page 1088 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The American Architect, Vol. 119: January-June, 1921 The present depression is, of course, one of the aftermaths of the great conflict, and no man can say just how long it will continue. One may only hazard a guess, and risk the prophecy. But it is my per sonal Opinion that most Of the drastic processes of post-war readjustment should be over in the early part Of 1921 and that we may reasonably look for a gradual recrudescence of confidence from that time on. It may be argued that the present chaos in Wall street - which is the barometer Of economic cycles hardly justifies a spirit Of optimism at this time: But my own conviction is, that that is just what it does justify. The great consolation in having things so bad that they cannot be worse, is that they have got to get better. It is blackest before the dawn, and swift as have been the disillusionments of recent months, the restoration Of confidence will be swifter still when it starts, for the world reacts to prosperity as its rightful heritage, but has no use for trouble. With a return Of confidence money will be easier, building loans more readily available, and to em ploy Webster's famous figure (though times are not so bad as when he used it) The corpse Of public credit will spring to its feet. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.