The evening world., 1917-12-07
SHOPS AND LABOR
GREAT WAR NEED,
SAYS VANDERBILT
81 Present Production Is Only
Hail of AmUm, for Which
Cash Is Ready.

~ ffH'.NNA ivy WYNN eNl NNAlFH
nan ~ ths war .asvings stamp Com
mites, tod ne Association ~ Lfs
insursnas prssiisn's yesterday 'hst
'ns United states - spsndinR barsiy
hail tha amount Z, hsf 49, aSids for
~ar materials because ths workshops
~ the Nation oruld not turn out
nors
Mr. vsndsriip told them 90, tha,
fhers ss@msd 10 bs an inoreasinE de- /
nand that ths war should not -
financed BY bond Issues bu, with
ths printing press. soms form Of pa
per money" This, Mr. Vandsrlip
declared, would mean disaster through
the blow II would strike ~ public
ssryios corporations. He gave the
oonvsntion--which was tho eleventh
annual meeting OF the association and
was held at the Hotel Astor-A vivid
picture OF tho sHpanso that would be
/ entailod by the wari or this ho saidi
"Ths dzo Of the task that We are
minds by dollars. We have seen Con-
gross appropriate tis. 900. 100000. We
have seen tho Treasury suooeesfully
offer 20 the public billions Of dollars
OF new securities.
But the reai problem Ia not dollars.
The problem " thingA manufactured
things. This In a war of the work.
shops 20 an extent never known In
any struggle before. . war OF equip
ment, OF equipment in tho air. equip
ment under the sea, equipment In
every sort Of of mechanical and chem
ioal device for dostruotioni and the
measure OF our strength, tho force OF
tho blow that We are going TO strike
will be measured by the amount the
workshops can produce for the pur-
poses OF the Government.
WORKSHOPS AUD LABOR MUST
BE DEVOTED TO WAR.
Now, $4,000, 100000 10 q sum no
hugo that mono OF US can really COM
prehend what II means. All the money
the Government ever spent from the
frst day of It's foundation down TO the
beginning OF this year, during all the
wars and all the times OF peace
footed only $4,000, OoO,oo We are do
manding from labor and from the
workshops a substantial part OF Sls.'
| oOo, 900, 900 in twelve months, The OBJ
vious conclusion that ono must a
once draw from those figures Is tina
the workshops must be released, labo
/ must be released from making all th'
things II has been making for ouI
comfort, for our pleasure, for ou
luxuries and be freed, both as TO ma
terial and labor and shoproom, TO az
the work that the Government want
done.
"The Government to-day would lik
TO be spending estimated II woul'
l spend-on domestic expenditures 10
the war 81, ,000, 100000 a month. A
a matter OF fact, while that estlmat
stood in the carly days OF October
the month closed with expenditure
still with an estimate OF spendinl
/ 81, ,O00, ,0OO, 900, the month closed wit
expenditures OF a little over 15Oo.OOo,
/ 900.
what wns the reasonr II was tina
/ the workshops could not produce III
things that the Government wante
as rapidly as they had contracte
to do. II was question OF ma
power and Industrial organization.
80. the great thing you can d
TO help win this war u 10 get III
idea OF personal responsibility owe
TO as many people as you can,
that their personal conduct will
influenced. 30 that when they haN
a dollar 20 spend they will weigh, NJ
whether they can afford 10 spend
in the way they desire, but wheth
the Government can AFFORD TO ha'
them spend 1t in the way they d.
sire"
iii Mr.. Vanderiip said that hardly
day passed without bringing 70 him
suggestion "of some way OF financir
the war, not by sacrifice, not by sa'
ing. but with tho printing press
some form OF paper money" He COZ
ttnuedi