PROSPERITY OR SLUMP?

Evening Post, Volume CI, Issue 62, 14 March 1921, Page 8

PROSPERITY OR SLUMP?

TO THB EDITOR. Sir, —Unfortunately for this fair city an impression appears to be gaining ground that a condition of slump is about to evontuate. It would be interesting to know on what grounds the originators of the doctrine baso their arguments. Are they trying to force a slump ? Now; I desiro to warn the moderates and especially the sane workers of this country—l mean brain as well as manual workers — that to keep repeating the word "slump" has a tremendous psychological effeot, and will undoubtedly bring about the condition. To avert this, it is wise to immediately adopt the opposite attitude and talk prosperity, as you surely are the people who suffer by slump. If you desire to see unemployment jwith its trail of hardships, and wish the hard-earned savings of hundreds of people who have invested in real estate to revert to owners and mortgagees, well, continue to circulate the word "slump." Wake up, moderates and sane workers, and defy the slump perpetrators. . I am quite aware that some financial magnate or genius will tell you that the law of economics must prevail, but that is- merely an old-time commercial stalking horse, used to bolster up a system, or they may even assert that tho Scriptureß teach that you shall have seven fat and seven lean years. My theology is so dusty, however, that I cannot say if it was King Solomon's wisdom or otherwise.

This I do not, and you know, that tho following exhortation of the man who was ■ stoned stands* truer to-day than ever: Woe unto you Pharisees, for yo love the uppermost seats in the temples and greetings in tho markets. "Woe unto you Scribes and Pharisees and ..Hypoorites, for ye are as graves that appear not, and men who walk over them are not aware of them. Woe unto you, also ye, for ye lade men with burdens grevious to be borne, and ye yourselves touch not the burdens with one "of your fingers."—l am, eto. (

J. W. RANSON.

14th March, 1921.