| We are and have been traveling along a fictitious prosperity for the last two or three years, and the sooner we step down the better it will be for the game and everybody concerned. Next season may not be so good for the owners. Good times have affected their heads and they are unconsciously doing baseball an almost irreparable injury by inflating the price on players as they have this year. There is likely to be a slump in baseball and then some of the owners will wish they had kept the strings tied to their pocketbooks.
— Ban Johnson, American League President, December 24, 1922.
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