Page 6 Advertisements Column 1

Rangitikei Advocate and Manawatu Argus, Volume XLII, Issue 11469, 22 February 1918, Page 6

Xrtte or Fal®e Economy ? Sosa© Wartisa® « Personally, it would not surprise me if this 1 stop spending money ’ cry is part of the Kaiser’s German-made plans to hasten our defeat. . . . Commercial activity supports and keeps alive the home, the church, the school, the state, the nation and the world.” Tims speaks Chas. W. Mcars, a student of National Economics. (The second and final part of a marvellous article on to-day's financial problem—the lirst part appeared in last issue but nil! re appear in nest.) Earning and spending depend upon Cecil other. if people ea rn without spembmr, earnings eventually flop. If people spend without rarmntt, dm Spemiimr e pply foeniuaily runs out. There is no miracle about i(. N' o wo shall have economic disaster at limin' as well its war abroad, Uicrchv adding to the perplexities oi the Government's problem.'. i>u-incss is eom-truel ivo, wlieretis war is cleOruel ive, and ded ruef ivo war pays no commercial profit.. ft is an error, therefore, to refer to war as business. Until war ends, war must, he our first: necessity, our highest obligation, the one tiling wo must, support, and promote, but i’nat does nol change (lie meaning of terms, nor make war a business. One politician fays wo must, all spend less ami save more ! Now, it. is remarkably easy to say a tiling like that; it is always easier to command a miracle than to perform one. To spend less and save more, nationally, would bo a miracle. Our people have never boon able to save wept when money was being freely spent. Every year when business is active, savings deposits increase. Active business alone is die source of increased savings. Hut when people begin deliberately to stop spending, woe begins. Alerelianis are forced to buy loss and to dismiss some of their help. The manufacturers are forced to buy less, to manufacture less, and to dismiss some of their help. Then, in no time, so many men and women are out of employment, (hat, if you have a heart in vour bosom, you are impelled to give away in charity more than you have saved by pinching, and your charity helps to make beggars of men and women who would much prefer to work for an honest, living. Nor need wo worry about whether our goods interfere with war, because as’surely as there is a sun in tin; sky, so surely will that mailer operate automatically. If, for instance. you make and sol! goods containing copper, and war needs till the copper that can be produced, you w il( eventually bo unable to buy copper. No seller will supply you. War comes first, and the Government will get. the copper. Consider these facts: 1. War requires both men to fight and men to produce what the fighters need. 2. At the same time, those at homo must bo fed, clothed, housed, and employed. 3. If a nation cannot provide both for its people at the front and its people at home, that nation will go down to defeat, in a long war, unless sumo other nation conies (o its rescue and supplies its necessities. 4. England and Franco could not linih light and produce. They were compelled to call upon the United 1 Tiited .States for help in their dosperaro need. 5. if the United States cannot, help England and France and provide for her own soldiers at the front and in training, .and for hor own people at home, what other nation can or will ily to our help with men and money and loud and guns? Collinson and Cunninghams, Lid., of Palmerston North.)

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