Page 1 Advertisements Column 1

Manawatu Herald, Volume XL, Issue 1795, 28 February 1918, Page 1

True or False Economy ? Some Wartime Truths “ Personally, it would not surprise me if this ‘ stop' spendiug 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.” Thus speaks Chas. W. Mear t s, a student of National Economics. (The second and final part of a marvellous article on to day’s financial problem—the first part appeared in last issue but will re-appear in next.) Earning and spending depend upon each other. If people earn without spending, earnings, eventually stop. If people spend without, earning, the spending supply eventually runs out. There is no miracle about it. We spend because we have earned, and we are able to earn because wo spend. Through this process we British become the greatest of nations. * Let this process stop, and we shall cease to be great. , From these facts it is evident, wo all have a great patriotic duly to perform from day to day right at homo the duty of working and living up to our acrustomeJ standards, and of buying whatever goods we may need in order that factories and stores may bo kept busy, and that men, women, and money may be given employment, whereby we shall all have money to spend—the only process by which wo ran maintain our soldiers and our Government, and make victory and peace sure. There arc many plants in the country for which the Government can have no war use. There are many workmen in this country for whom the Government can have no war use. These must be kept employed, else we shall have economic disaster at home as well as war abroad, thereby adding to the perplexities of the Government’s' problems. Business is construcjive, whereas war is. destructive, and destructive war pays no commercial profit. It is an error, therefore, to refer to war as business. Until war ends, war must be our first necessity, our highest obligation, the one thing we must support and promote, but. that does not change the meaning of terms, nor make war a business. One politician says we must all spend loss and save more! Now, it, is remarkably easy to say a thing 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 been able to save except when money was being freely spout. Every year when business is active, savings deposits increase. Active business alone is the source of increased savings But when people begin deliberately In stop spending, woe begins. Merchants are forced to buy loss and to dismiss some of their help. The manufacturers arc 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 that, if you 7 have a heart in your bosom, you are impelled to give away in charity more than you have saved by pinching, and your charily help? to make beggars of men and women who would much prefer to work for an honest living. Nor need we worry about whether our goods interfere with war, because as surely os there is a sun in the sky, so surely will that matter operate automatically. If, for instance, you make and sell goods containing copper, and war needs all the copper that can be produced, you will eventually be un.able to buy copper. No seller will Supply War comes first, and the Government will get the copper. Consider those facts: 1. VV ar requires both men to fight and men to produce what the fighters need. 2. At the same time, those at homo must be fed, clothed, housed-, and employed. 3. If a nation cannot provide ..both for its people at the front and its people at homo, that nation will go down to defeat, in a long war, unless some other nation comes to its rescue and supplies its necessities 4. England and France could not both fight, and produce They were compelled to call upon the United United States for help in their desperate need. 5; If the United States cannot help Englaiiff and Franco and provide for her own soldiers at the front and in® training, and for tier own people nl homo, what other nation can or will fly to our help with men and money and food and guns? (Compiled by Collinson and Cunninghame, Lid,, of Palmerston North.)

THE NEW ZEALAND SHIPPING COMPANY'S LINE MODERN TWIN SCREW PAS. SENGER STEAMERS. FITTED WITH EVERY COMFORT. It is intended .until further notice to despatch a passenger steamer from time to time to a port in the United Kingdom. \ Return tickets available by P. and . O. Line. Also from time to time as opportunity offers. FIRST-CLASS INSULATED CARGO STEAMERS. The Ccmpany, having erected j commodious storage accommoda- “ tiori, with dumping plant at Foxton, is prepared to rrceive wool, flax, tow, etc., for transhipment. The building is gazetted a Government Grading Store, enabling millers to have their flax graded locally. For Passage, Freight or Storage • APPLY TOTHE NEW ZEALAND SHIPPING CO. LTD. Telephone, No. 34. Offices: Harbour Street, BARRAUD AND ABRAHAM, Lm WE have-just landed our new season’s supplies of TURNIPS & SWEDES, MANGOLD! & RAPE, CLOVERS & M USTARD, All very fine samples and specially selected for our trade. N . i We have a Urge stock of 1 COCKSFOOT & RYEGRASS including a very fine sample of Italian Rye. Seed Oats and Seed Potatoes of any variety. Feed Oats and Sheaf Chaff. BARRATJ D AND ABRAHAM, Ltd. PALMERSTON N. ( TOP-DRESS YOUR : LAWN WITH : BASIC SLAG AND the grass will grow that fast that you will require a WOODYATT LAWN MOWER to keep it down, These Mowers are very easy running and all spare parts are kept in stock, NYE stocks the Slag and Mdwer. Also Bonedust, Guano and AgricuUuraLlime. Regular supplies of Coke, f • prt and Waipa Coal. WHYTE ST COAL YARD. W. V NYE, ... ‘Proprietor.