Judge — March 28, 1908 — page 2: what you’re looking at

What you’re looking at

# Analysis of Judge Magazine Page The main cartoon critiques American economic conditions, likely from the early 1920s. It depicts three figures (appearing to represent different classes or political positions—one labeled "CAPITAL") examining a massive tire labeled "NATURAL" with a hole through its center. The caption reads "DON'T LOOK AT THE HOLE; KEEP YOUR EYE ON THE DOUGHNUT." This is a visual pun on the idiom about focusing on the good (the doughnut) rather than the bad (the hole). The satire likely comments on how leaders distract the public from serious economic problems by emphasizing positive aspects. The accompanying editorial discusses optimism versus realistic assessment of business conditions during a period of economic uncertainty.