Show I I A Shortage of Capital CapitalI A I A FEW years ago o it was commonly said 21 that there was an supply over of or cap cap capItal 1 i Ital Savings and other banks competed for tor chances to lend their money mone but today there seems insufficient capital in the country to float all the tho meritorious enterprises In Inmany many places there Is a scarcity o of houses 1 but no one seems to have the money to I build bund enough of ot them Railroads are unable to get credit for tor n needed eded equipment and the farming Industry is hampered by tho the high rates on mortgage loans What is Is' to become of the Increased gains of or farms farmers b food tood producers and manufacturers also of ot the bettor better r wages wakes received by so BO many skilled artisans Will all this in- in be swallowed up by higher cost of ot I I I living JivIng Will VIll It he be paid for fOI luxuries Will WillIt ill i i It jt go Into wildcat speculation and be gathered gath jath- ath- ath athi i ered in by smooth promoters for Investment ment mentIn in Impossible schemes Or will the banks and substantial enterprises get their share J s so railroads can be extended farms improved Improved Im im- im- im r proved houses built and manufacturing I plants be bc established On thi this depends the answer to the question ques ques- tion whether our prosperity Is to be t 4 permanent perma perma- nent neat or not If It all our new mone money goes out I ai fast as It comes conies In always being expended for new DC gratifications or for tor visionary projects eels nothing Is added to the prO productive power power pow pow- er of or the tho country Tho The results of ot a spendthrift policy are t disastrous trous both for the Individual and the t nation There must be a constant addition 1 to capital to keep up the tho advances of ot mod mod- modern modern ern era science increase of or population demands demand of at foreign trade and to make good the wear wea and tear of ot dall dally daily use It If these constant additions additions ad ad- additions to capital aro are not provided th the people people peo peo- pie cannot bo be kept at work Thus the results of ot national extravagance I I cut two ways was The They deplete the Individual I Income and thO they restrict all productive enterpriser enterprises en en- and limit employment |