The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-05-08
THE TUESDAY MAY 1877

THE RICHMOND PALLAD
Ieep employment for everybody. Keep wages
God. Keep on making money that we may have
money to spend for war sacrifices.
The worst thing that could happen to the
world these days would be business depression
n our United States.
War in itself does not cause business de-
preston.
The billions of dollars of money to be expend-
ID in war preparations will be put into circula-
ton in our own country, and this in itself will
create new wealth for use in the world-strugge
for humanity.
The one thing that might halt business now is
an unpatriotic psychological feeling of panic and
a false idea of patriotic economy
Patriotic Economy
Patriotic economy means the elimination OF
waste and extravaganza. 1t means the conserva-
ton of our food products, natural wealth, our
health. our energies, our labor, our very lives.
1t means putting more efficiency in everything
we do so that each unit of money, energy and in
teligence may accomplish the utmost
Patriotic economy does not mean the lowering
of Americas standard of living which would
make us less efficient physically and mentally,
nationally and individually, and would kill the
spirit and the will to do the truly sefsacrificing
things to be done.
Cities and communities must go on with their
civic improvements. Road building and public
works must proceed Railroads must renew their
equipment. Factories must be kept going to
oho hn
Homes must be kept up. Merchandise must oe
produced, distributed and used.
War duties and war expenditures must be in
addition to peace duties and peace expenditures
The more we do the more we can do. The more
money we spend the more we will have IN oul
pockets to spend. Money creates money.
In a word: The natural sane life of the cOun
try must proceed as though we were not at war
in order that we may have the necessary prosper
ity to promote the war to quick and successful
conclusion.
President Wilson sounds the keynote in this
sentence: "It is evident to every thinking mar
that our industries, on the farm, in the ship
yards, in the mines, in the factories, must bf
made more prolific and more efficient"
Our industries can be made more prolific
only if the people buy and use the merchandise
produced by our industries Manufacturing slack
ems when business slackens. Manufacturing
grows in prolific way when business grows
And business can grow and remain healthful onl.
when the people buy and keep money in circu
lation.
Business IS Going-Strong
Business is going-in the East, the West, tn
North, the South. The country is prosperous
Last months increase in business was very large
Banks may wait in their operations until the gov
eminent bonds are assimilated. People ma
pause temporarily in their outfitting to arrang
to meet the new conditions. But the unloosing o
billions of dollars will unloose flow of prosper
| ity absolutely necessary to sustain the world
burden.
| Governments set the pace in their expendi
lures.
| individuals must not lag behind Seven bill
lions of dollars to pay is only $40 per capita in tn
United States. Yet seven billions of dollars, pu
into work at per cent.-a fair estimate of tn
producing power of money-wll create 42O mi
lions of new wealth.
The income tax we pay will not be tax o
prosperity, but spur to prosperity. Every do
lar the individual pays out will come back to hin
with interest in the general prosperity of tn
people.
Keep Business going-for our country's SAX
War cannot be waged and won without til
sinews of war.
TO hora ocfo ouifh