The Birmingham age-herald., 1918-04-21
SAVING FOR WAR MAKES EFFECTIVE AMERICAS POWER Strength of Nation Cannot Be Put Into War if We Waste Our Energy WORK FOR EVERYONE IN WINNING FIGHT Greater National Production and Less Private Consumption Is
 Urged by Banking
 Expert
By DWIGHT W. MORROW

MT MOTION IS a member of one of
 the international banking houses that,
 prior to our entrance into the war,
 took part in the American financing
 of the French and English war loans.
 He is now director of the New Jer-
 sey War Savings committee
 Over 1oo years ago. when England was battling for her life In the long Ma poleonic wars, the great naval victory of Trafalgar came as a flood of sun thine bursting through black clouds When the news reached England a Guildhall dinner was given to William Pitt who had kept his courage through dark years when his courage was a prlccless national asset Pitt was &C., claimed the savior of England He re- sponded in those simple words that Eng ltshmen have always remembered: No one man could save England; England has saved herself by her exertions and will save Europe by her example.
 How truly both England and France could make that same statement today! No one man, no one group of men could save France. France has saved her self by her exertions and will save the world by her example. No one man, no group of men could save England. And Belgium! Belgium, with one little foot hold on her devastated and ravished land! It may be too early to say wheth- CT or no Belgium has saved herself by her exertions, but surely it is not too early to say that Belgium has saved the world by her example.
 Our task is to see that the exertions of the Belgians the French, the English and tho Halians shall not have been in vain. The people of the United States must save themselves by their exertions; they must help to save the world by their example No public official, however able, however diligent, can save them. No ordinary financial operation will produce the sums of money that are needed The people of this country must do as France and England has done--they must put into the fight the exertions of a whole people.
 WORK FOR EVERYBODY
 The business of this whole country at the present time is war; There is going to be plenty of work for the men and women of the United States to do. There is no reason why any man or woman should be idle. The government is dis bursting approximately $20,000, ,000, 600 this year-mostly for war purposes, both on. it's own account and for advances to the allies. to be spent in this country.
 It is inconceivable that such a sum of money can be spent without having the business of this whole nation going at the highest pressure. No man, no wom- an, can bo permanently out of work when a great nation is calling for sew ices from all. It is true that there may be periods of adjustment during which men and women are finding the niche in which they can best serve. But sooner or later they will find that niche. The people of this country-all of the people-wiu be engaged in the business of war.
 We are going to Ind. as we get fur ther and further into this war, that there is nothing magical about public finance. The government must be supplied with money to pay for the goods and serv- ices it needs But the only way that the government can get the goods that 1t needs and the services that it needs is by getting tho people to do without those goods and services.
 The peculiar significance of tho War Savings campaign is that it is not de- signed primarily to get money. but to enable the government to spend money. Wars are not fought with money wars are fought with goods and services. When a peace-loving nation, peace trained nation, goes to war that war is largely fought with goods produced and services rendered after it gets into the wsr.
 NATIONAL RESOURCES LIMITED
 
 What the government wants is not money. but goods and services. What the government wants from those men who go to France is service; what the government wants from the man who works in a munitions factory, of the man who works in a copper mine. of the man who runs a railroad, of the man who raises foodstuffs of the man who sells bonds or War Savings Ger tifcates of the woman who works for the Red Cross-what the government wants from them all is service. What the government wants is service that can be brought into effective use at the point of contact with the enemy and that can be brought into enectlve use before it is too late
 But goods and services are not, un- limited in quantity. They are limited by the supply of raw materials; they are limited by. the number of people that are available to work: they are limited by the willingness and capacity of those people to work; they are lim- ited by tue available supply of tools with which the work must be done.
 Every nation when it goes to war withdraws from peace industries many of its best workmen to fight under the colors. It withdraws many more workmen to make the weapons which the fighting men must use. And it must never De forgotten that peace loving nation, untrained for war must start almost at the beginning. IL must not only make the weapons. it niust make the tools with which to make the weapons. Tn many cases it must make even the tool with which to make the tool with which to make the weapon.
 REDUCING CONSUMPTION 1 Now. if the government needs not money but goods and services, if goods and services are limited in amount. obviously the government is swttally interested in having the pecrie free as many goods and services as possible in order that the government may conn hand those goods and serv- Ices. ,- There are only two ways in which the government can get what it needs &o save it's life, th&t iAN by greater production sandNAN less consumption. xs there is "a limE te produce tion. we wuBt lrelv in great Nfasure ppons less co6eumption of tho8 things that dol not directly add to- 3he welfare and l efficiency of the nation in carrying on the var. As Lord Kitchener put Il: I s.f;ither the civilian population must I 6o short Of many things to which it iS q 70