CONTENTS PREFACE . ACKNOWLEDGMENTS INTRODUCTION . CHARTS . PAGE vii ix xi XXV CHAPTER [. Tue Stock MARKET CrASH II. PresipeENT Hoover Acts . ITI. Causes oF THE Panic IV. Tue THrEaT To BUSINESS V. Prowep-Back EarNINGS . VI. Cuancep Ratio or Prices To EARNINGS VII. Tue Ace oF MERGERS . . VIII. Scientiric ReEsearcH AND INVENTION IX. InpustriaAL MANAGEMENT . . Laror’s CodpeEraTIVE Poricy . Tue Divipenps oF PROHIBITION . REerier in Seven YEARS OF STABLE MONEY FricuT FROM BonDs TO STOCKS . . SpecuLaTiON AND BROKERS’ Loans . REMEDIES AND PrEVENTIVES OF PaNics Tae HoperurL OUTLOOK APPENDIX . X. XI. XII. XIII. XIV. XV. XVI. 21 32 36 66 81 101 119 142 157 175 182 198 218 238 257 271