IDEAL OF SECURITY.

Waikato Times, Volume 119, Issue 19901, 2 June 1936, Page 3

IDEAL OF SECURITY.

l . __...— A PROFESSOR'S cRITIOISM. PANIC-STRICKEN WORLD. In a chat on "\Vorld Trends" in the Accountant tLondon), Professor J. H. Jones, a well—known economist, con—tends that excessive insistence on security makes for insecurity. “The fact with which we have to reckon." he says, "is that the world is now being guided by this desire [or security and that it believes security to be obtained only by diversification of indutsries within the country and it restriction of international trade within the narrowest possible limits. Just. as we have made up our minds to breed more pigs and grow more tomatoes, so other countries have made up their minds to build more ’ships, to weave more cotton, to pro—‘duce, where they can, their own coal, tto establish their own rayon indus—‘trles, and so on. We are often told that we live in a mad world. \Ve are certainly living in ii panic—stricken world in which old—time economic considerations are beingr swept aside in the search for that \\'ill-o‘—the-\\'isp which is called security. I sometimes meet youngsters, 1:5 or 20 years 01' age, who choose this or that. profes—sion because it' offers security of tenure with a pension on retirement. The feeling of insecurity and the dc—sire for security seem to have gripped the whole world. \\'hcn a youth allows his career to be shaped by the prospect of a pension there seems to be something radically wrong about his attitude towards life and the world, around him; yet he seems to be symbolic of the age. The world is young, very young—young enough to outgrow this madness. A Modern Robinson Crusoe. “l have been told that about two years ago, when the depression was at its worst, many a tlannxliun farmer save up his farm, with its modern (In-l expensive equipment. built El wooden but for himself on the bank of a stream at the edge of a wood, and ‘ spent his time hunting. fishing, lum—t berlns and growing his own food. He wanted security. liobinson Crusoe lived in that way, but when his ship clothes were done he was clad in Skins; when the birds were shy and the ilsh would not bite he went hungry —illcrc was no employment insurance. \\'hcn Friday came he was glad of his minpanionship. “hen the ship ilmi rescued him llO\'(‘ in sigh! his hvn't lcnpt with joy The t2un.nlinn l'nrincr will return to his t'rnin'i'. 'lln tilt) will yet come whrn I. or my succes—sor. will be able In till) un lllllltll‘ik‘il‘ article without inning uni-used oi do“ Driving it British unziti'r of n jun. 'l'hrn we shall how ..t'himml :Jrczilu'r. security."