Show J Other Points of View I The Tue New ew York World er very verp truly says sas that the wave of or senseless extravagance ance that has engulfed the tho country country- Is a public menace and that thal it St gives comfort and supplies supplies sup sup- plies texts to time the revolutionists rc and invites panic and reaction with their ruined rimmed hopes and But it Il seems that it Il Is not the rich or the working people but the thc middle class people who are the thc chief offenders It ItI I ii sa says sas s 's the World orld the tho great r at middle section of the comfortably com corn well well-to-do hitherto tho the most stable st part of ot the community that has gone daft This conclusion Is based on reports of ot the federal reserve bank In the very en enrich rich are aro acquitted or of serious fault and working mens men's ra families are arc said to be not nol In Indulging ul inG In reckless buying buln to the tho same extent extant as some time n ago o It If this conclusion Is accurate accurate- and nd It is open open t to doubt doubt the tho called so-called middle class clas Is much mere prosperous than it has been supposed to be bo an and is in no Immediate d danger of being crushed between capital and labor labor labor-at at least It is spending or hu buying ing on credit But Dut the truth Is that our people aa as a whole arc guilty and that sinners against the nations nation's welfare aro arc to lo bo be found In all classes Those who havo have not had their e eyes entirely closed will be bo forced d to n admit that the tue situation Ie la accurately described In tho the following Ins words It I is not exa exaggeration to call the thc fever er madness To high price tho the buying public shows almost no resistance Buyers accept the tho high prices as quite to be expected Often OHen they are arc unaccustomed to the tho purchase of or such ex expensive ex- ex pensive e stuff tut as they are arc now buying ax and have no comparative com corn knowledge of ot what prices used to bc be bc buying in the judgment o or tho the bank acts directly to postpone tho time return to lower prices Economy Econom I Is as aa pa pai now hOW as It It was durinG the war var but nobody noody seems scams to believe it There huB has been al abundant warning Sensible men know that extravagant extra buying Is only another name for tor waste and the they know too that tha under such conditions as aa now ow prevail pre wa waste ante te Is one of or the tha worst of oC crimes A wlee economy now will wilt save ea these who practice It the thc country and time the world from much misery In the tho future It Is to tobe tobe tobe be hoped that tho the fever eve will subside and the madness mad ness pass Indianapolis News |