Page 8 Advertisements Column 4

Taihape Daily Times, 16 February 1918, Page 8

Tr**e or False Economy Some Wartime Truths " Personally, it would not surprise me if this - stop spending money' cry is part of the Kaiser's 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. 'he second and final part of a larvellous 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 we 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 we 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 be 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. There 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, thereby adding to the perplexities of the Government's problems. Business is constructive, 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 pur 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 less 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, won! J 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 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 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 i. and women who would much p« 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 the sky, so surely will that matter operate automatically. If, for instance, you make and sell goods containing copperiland war needs all the copper that can be produced, you will eventually be 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 home must be 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 some other nation comes to its rescue and supplies its necessities. 4. England and France could not both fis-ht and produce They were compelled to call upon the Unit**' 4 United States for help in their desperate 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 her own people at home, what other nation can or will fly to our help with men and money and food and guns? {Compiled by Collinson and Cunninghame, Ltd., of Palmerston North.)

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WANTED KNOWN—We Have just opened up a consignment of air cushions very suitable for sending to your boy at the Front. They will fold up small enough to go in an envelope. Only 2/6 each at Cunninghame's Pharmacy. To ensure getting the Best MALT VINEGAR always ask for SHAR-LAND-'S. Free from mineral acids. Guaranteed under Food and Drugs Act. In bulk and bottle. All grocers. 4