Abstract
As the Late Al Smith Said, Let's Look at the Record A FEW DAYS ago we received a telephone call from a friend in New York who has a vital stake in the continued prosperity of the American chemical industry. To put it mildly, he was considerably disturbed. Riding in with a commuter friend he had heard in a rather vague and second-hand fashion that certain economists had announced to a selected list of clients that the chemical industry was likely to be in an over-produced position for the next 10 years. Would I confirm or deny such an opinion? Such a sweeping statement, without our knowing all the surrounding details, as not easy for us to answer with a categorical no. Thousands of commercial chemicals are produced, some at the moment may be overproduced, others are probably in relatively short supply. We think the question posed by our friend from New York can best ...
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