The Washington times., 1918-05-26

IS Hoc serving a. a member Of tie
Advisory CommIsSS0R Of the COGRc1
Of National DefeHSe.
By JULIUS ROsENWALD.
The way for an individual. for 4
business, for a nation to get along
is TO work and save. Saving is a
great virtue Of all countries that
have grown to commercial greatness
in the world II saving is necessary
in normal times, how much more
necessary is 1t in q time like the
present, when the financial demands
on individuals, business. and the nA-
tion are far beyond anything our
country has ever experienced!
Saving by everyone is as imperG-
tive for the winning Of this war as
is the mobiliEing Of armies; more
than that, the mobIlizinE Of armies Is
entirely futile II this military step is
not accompanied by the rigorous,
commOn-sense saving of the nation,
for without saving the marshaled
hosts cannot be equipped, cannot be
fed, cannot be carried overseas, and
cannot be put into the tight
Luxuries Must Be Put Aside.
We can finance the enormous cost
Of this war by spending only for the
things we need, not by spending for
the things we desire. Just so long
as we continue to spend for things
we do not need. just that long DO We
prolonE the war and add to the tre-
mendous sacrince Of life and property.
Not until all OF US realize the stern
fact that all spending, no matter for
what, consumes labor and material,
and that labor and material are the
essentials Of victory. will we be
awake to the fundamentals Of this
grave situation. When we do thor
ouEhly grasp this truth and then act
as our conscience and as our patriot
ism prompt ~, we shall no longer
spend except for those things neceS-
sary for our health and general WelE
being. And our health and general
well-being do not require many
things which through an easy life
we have come TO consider as neces-
stiles. Luxuries must be put aside,
actual necessities must be continued.
It would be q grave disaster II the
home-stay1ng population By foolish
sacrince were not kept ht for It's all
important task Of supporting our
armies in the held.
The nation is now mobilizinE its
industrial resources IN order to put
behind our army q great productive
machine. The output OF this machine
must be increased aS the army 10 in
creased. and we now are beginning
to realize how great an army we
must raise before there can be an /
end to the struggle. Everything |
needed in this gigantic productive
Il the product OF labor. This
labor before the war, A. well as the
labor now a part OF our armies,
was engaged In the production Of
other things, things that were need
ed for our existence, for our COM
fort, and for our development as a
great people. The Industrial army |
that we had befoTs the war has been
largely depleted and will be more \
depleted with every new call for
troops, and those who continue in
the Industrial army must produce not
only those things necessary alike IN
peace and wartime, but everything
required for the war machine. And the
things vital for war must be pro-
iuced with all promptness possible.
War Adjusting LAbOF suB0Iy.
No matter how Etrenuously we
speed up our production Of materials.
L is plain that there Is = limit be-
7ond which We cannot 80. A large
part OF our production, now esti-
mated at from one-fouTth to one
.hird Of our total Industrial produe-
i've capacity. must be given to the
for the prosecution OF
he war. This means that only three
'ourths or two-thirds Of our normal
capacity can now be de-
'oted to making things for domestic
Use. It Is plain, therefore. that all Of
Is must reduce our consumption Of
aboF and materials. for everything
We buy reduces the amount OF labor
md materials available for war
purposes. We must conhne our con-
umption 90 the things absolutely
leeded- The labor and materials that
We in this way release are placed at
he service OF the Government
As our army grows in numbers and
IS our machinery for producing war
foods keeps pace with the army's
'roWth, the more we must reduce our
Domestic consumption The problem
5 self-explanatory; labor becomes
nore scarce, the need for war ma
erials become more keen.
Money Alone Cannot Win War.
Some men in manufacturing and
rade have been fearful that this
italy necessary reduction in the
ONE consumption Of goods Is going
o hurt their business. They have
n idea that the Government can be
inanced only by the profits OF their
usiness, but they overlook the fun
fact that the need Of the
government is not mere money. A
'ar cannot be won with money
lone. The vital victory
hing is the product OF human labor.
nd every bit OF human labor that
oes into the production OF nom
ssentials takes away that much ac-
We force that could be used for war
urpOses. The Government must
ave steel, copper. timber, chemicals,
tc.. etc. for the building oil ships
nd the cargoes TO fill these hips
1r our men oversee. II those OF US
home spend our money for the
urchase OF these things for our own
rIYate use we are competing with
he Government, depicting the coun-
Us scanty supply, forcing up prices
nd dRmmIng the flow Of war ma
.rials to Europe. Wherever possible