ABSTRACT
The condition of the West was little better. All prices were down a..nd yet goods were unsa.lea.ble. Cotton, wheat, wool, lead, iron, steel, leather, were all selling from 20 per cent. and more below the prices they had fetched before the crisis. Importers were in the same case as the manufacturers and contractors. Even at the full shrinkage they could not realise on their goods. Wholesale and retail traders were in the same hopeless condition unless they had obtained
