True or False Economy ? Some Wartime Truths \ “ Personally, it would not surprise me if this ' 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.” Thus speaks Chas. W. Mears, a student of National Economics. (The second and final part ot 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. Wo spend because we have earned, and we are able to earn because we spend. Through this process vvo British become the greatest, of nations. Let this process stop, and wo shall cease to be great. From these facts it is evident wo all have a great patriotic duty to perform from day to day right at home the duty of working and living up to our accustomed 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 we can maintain our soldiers and our Government, and make victory and peace sure. , Therd l are 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, (hereby adding to the perplexities of (tie Government's problems. Business is constructive, whereas war is destructive,- and destructive war pays no commercial profit, ll 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 be a miracle. Our people have never been able to save except, when money was being freely spent. Every year when business is active, savings deposits increase. Active business alone is the source of increased savings But when people begin deliberately to stop spending, woe begins Merchants are forced to buy less and to dismi-s some of their help The manufacturers are forced to buy less, to manufacture less, and to dismiss some of (heir help. Then, in no time, so many men and women are out of employment (bal, if you have a heart in your 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 we worry about whether our goods interfere with war, because as surely as there is a sun in 'he sky, so purely 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 wilJ eventually be unable to buy copper. No seller will supply you. War comes first, and the Government will g£t tho copper. Consider these facts: 1. War o-i|uiros both men to light and men to produce what the lighters need 2 At the same time, those at home must, lie fed, clothed, housed, and 'employed. 3 If a nation cannot provide both for its people at the front and its people ,-ii home, (hat. nation will go down to defeat, in a long war. unless some oilier nation comes to its rescue and supplies its necessities England and Franco could not. both light and produce They were compelled In call upon iho United United States for help in their desperate need. 5, If the United Slates cannot help England and Franco and provide for her own soldiers at, (he front and in training, and for her own people at homo, what other nation can or will fly to our help with men and money and food and guns? (Compiled by Collinson and Cunninghams, Ltd., of Palmerston North.)
THE NEW ZEALAND SHIPPING COMPANY'S LINE. MODERN TWIN SCREW PASSENGER STEAMERS, FITTED WITH EVERJ 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 commodious storage accommodation, with dumping plant at Foxton, is prepared to receive 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. 0 LTD. Telephone, No. 34. Offices: Harbour Street.
/'■" ■ \ BARRAtJD AND ABRAHAM, Ltd. TTB7 E have just landed our r f new season’s supplies of TURNIPS & SWEDES, MANGOLDI & RAPE, CLOVERS & MUSTARD. All very fine samples and specially selected for our. trade. We have a large stock of COCKSFOOT & RYEGRASS including a very fine sample ot Italian Rye. Seed Oats and Seed Potatoes ot any variety. Feed Oats and Sheaf Chaft. BARRATJD AND ABRAHAM, Ltd. PALMERSTON
TOP,-DRESS YOUR ! LAWN WITH : BASIC SLAG ND the grass will grow that fast that you will 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 Mower. • Also Boriedust, Guano and Agricultural lime. Regular supplies of Coke, Westport and Waipa Coal, WHYTE ST COAL YARD. W. NYE, ... Proprietor. require a
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Manawatu Herald, Volume XL, Issue 1801, 14 March 1918, Page 1
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1,005Page 1 Advertisements Column 4 Manawatu Herald, Volume XL, Issue 1801, 14 March 1918, Page 1
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