Connecticut western news., 1920-08-05
THRIFT AND ECONOMY
 ABSOLUTELY NEEDED
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 partial standpoint, it seems impos- sible that sane people could be in duced to give good money for such useless things.
 "(3) Under these conditions, it is evident that there can be no ma terial reduction in the cost of living except as people (especially our wives and daughters) stop buying luxuries. For instance, all the newspapers and the nations best brains are directed to selling the most extravagant luxuries. Will people stop such buying until forced by panic and depression to stop? If our women buy-not from necess- ity-but simply "to keep up with the Joneses," will they stoy buying until the Jones' stop first? Statis- tics show that the Jones' will never stop until forced to by lack of funds or by lack of employment.
 "(4) The Total Purchasing pow CT of money and credit cannot be increased by increasing the supply of money. We can expand the quantity of soup by pouring in wa ter; but this does not increase the total value of the soup. When we double the amount of paper money, we reduce by one-half the purchas- ing power of each dollar. AS the real assets behind our currency de- crease, those who know about it want more money for their mater ials. This in turn raises the price of other things. Labor then must have more, and so the merry-go- round operates. In the food-produc- ing sections of the West, farmers applying for credit to market their goods are being turned down. The farmer has begun to grow restless. He takes the risk of producing food and then finds it difficult, perhaps even unprofitable, to market this food. And in addition he sees great amounts of capital being absorbed in the production of chewing gum, candy, pleasure cars, summer furs, and other non-essentials.
 "(5) Most people are becoming lazy and careless as we'll as extrava- gant. Consumption is not only in creasing, but production is falling off. Movie houses and beauty shops are crowded; very few people are doing an honest days work. Pro- duction per man has fallen in in dustry by 20 per cent to 40 per cent, and this applies often to the officials and directors of corporations as we'll as to the wage-workers. On the farms it is almost impossible to get help. There is sure to be a milk shortage this winter. Everyone wants to consume or to sell. Very few want to produce. People have entirely forgotten their obligations to society. The Gospel of Service is been entirely forgotten. This is why say that the need of the hour is Religion.
 "(6) Immigration-most neces- sary for low costs-has very seri- ously declined. Previously in our country's history we have had a continued supply of unskilled labor from Europe. Our farms, mines and forests have been largely worked by foreign people, while we now have barely a margin of new arri- vals over departures. The labor leaders are correct in their reason ing that the shutting out of the inn migrant will boost wages; but it won't give their followers more food. Someone must work on the farms, at the mines and in the for ests. Otherwise we must go without food, coal and lumber. We cannot all be skilled" workmen, chauffeurs and clerks.
 "It is not my purpose to advise ] people to stop buying, but rather to