American Economic Development Since 1860

acquired acquisitions acreage agriculture American assembling automatic automobile average banking system Bessemer steel capacity capital cent central chassis combination commercial committee commodities companies competition competitors Congress consumer continued corporation cost crop decade decline deficit demand dividends dollars E. H. Harriman economic effect employment excess expansion expenditures exports farmers Federal Reserve Federal Reserve system fiscal Fisher Body Ford foreign Government growth important income increased industry ingots interest investment issue J. P. Morgan labor machines magneto manufacturing ment merger million monetary policy Motors national banks nomic operations organization output payments period plants Pont postwar production profits purchasing railroad railway Raskob recession reduced result roads securities Sherman Act Standard Oil Company steel rails substantial supply surplus tion Tons Tons Tons trade United voting trust wheat World War II Youngstown