text_original: A period of overtrading and speculation is invariably followed by a cessation of demand, a consequent contraction of credit, and the failure of Banks and commercial Hou.ses.
text_transcription: A PERIOD OF OVER TRADING AND SPECULATION IS INVARIABLY FOLLOWED BY A CESSATION OF DEMAND A CONSEQUENT CONTRACTION OF CREDIT AND THE FAILURE OF BANKS AND COMMERCIAL HOUSES
phonemes: ɐ pˈiəɹɪəd ʌv ˌoʊvɚtɹˈeɪdɪŋ ænd spˌɛkjʊlˈeɪʃən ɪz ɪnvˈɛɹɪəbli fˈɑːloʊd baɪ ɐ sɛsˈeɪʃən ʌv dᵻmˈænd, ɐ kˈɑːnsɪkwənt kəntɹˈækʃən ʌv kɹˈɛdɪt, ænd ðə fˈeɪlɪɹ ʌv bˈæŋks ænd kəmˈɜːʃəl hˈuː.sˈɛᵻz.