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At home, as well as abroad, there is paralyzing uncertainty among…

Quote byWilliam Trufant Foster · 1879–1950

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Foster and Catchings, in: The Atlantic Monthly, Vol. 144, (1929), p. 102; cited in: William J. Barber. From New Era to New Deal. 1988, p. 77..

English (original)

At home, as well as abroad, there is paralyzing uncertainty among business men as to whether the Reserve Board will allow that expansion of bank credit without which such prosperity as we have had in recent years simply cannot last. In short, the Board has created a state of mind which breeds business depression.

— William Trufant Foster

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