Arizona republican., 1919-08-22

economic reasons why things are high they are It is in the field between usfiable high prices and the present high prices that the government must work. We suspect that it is a much narrower field than most people think. It is in this field that the government prosecuting hoarders that it is throw ing surplus army supplies upon the market that it must find out whether profits are exorbitant and when found to be the government should severely punish all who stand in the way. We think of nothing else the government do. The rest must be left to time and the people.
 The more the people shall do the shorter will be the time within which normal conditions will be stored approached under the economic law.
 The normal relation between supply and demand must be restored and the old relation between the dollar and commodities must be restored before we have old time prices. The latter can be accom- plished in of only two ways-ether by defation by increase of production. corresponding to the extent of the imitation. The latter of impossible
 Attorney General Palmer tells us that the normal relation between supply and demand can be restored by greater production and greater saving There is other way In the face of this we have on one hand people and many people who though planing following flight living. higher and higher and spending more, thus making had matter On the other hand we have another class of people demanding shorter hours thus reducing pro- duction and making a had matter still worse Where this is being done by the people the efforts of the government to relieve the situation are comparable with the performance of baling rapidly leaking with tea spoon.
 The sale of the surplus government goods at the prices which they good thing but it's effect cannot be lasting reaching It will not touch family in hundred in the United States and it will be felt a after the of the goods has been sold. If all the boarded food in the United States were discovered and thrown upon the market, it would last but short time There would then be nothing the government could do that would help, but to prevent future hoardng and maintain an espionage that would prevent exorbitant profits. The still be great and the SUD- ply would be short
 The thing to be done is to increase the supply both by increased production and by not permitting the demand unnecessarily to reduce it-that is, by saving. If a thing is abnormal1y high, buy substi- ute and then the price the thing obedience to the law of supply and demand will inevitably come down.
 Our real wants much simpler than we think they We need only to cultivate self denial to help things out If we have been eating porter house steaks and expensive exotic foods, find something cheaper and undoubtedly heathfuI We need not clothing and shoes such as we used to and which have advanced in price from 75 to 100 per for there good cheaper shoes and clothing which have not advanced.
 Our troubles resulted in very large part from
 carnival of spending, the same time cutting down the supply aggravating nfation in another very large part strikes have reduced supply The best way overcome h. c. is to get in and dig and save There is no other way.