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Show NEED OF PRODUCTIVITY. Premier Lloyd George, in an address in Sheffield the other night, put two facts before the British people with characteristic f orcefulness. Pointing out the imperative need of greater productivity pro-ductivity on the part of the nation the premier cited the enormous increase in tlie public debt, due to the world war. Wages have been doubled, the hours of work curtailed and the standard of living had been forced to a higher point than ever before. The prime minister min-ister warned his hearers that that standard stand-ard "could not be preserved by a concourse con-course of tribunals or the decisions of labor conferences." It is a fact that not only Great Britain Brit-ain but the United States and other countries are rioting in an era of extravagance, ex-travagance, for which higher and more easily earned wages are in large measure mea-sure responsible. The economy of prewar pre-war days has been cast to the winds. Easy come, easy go. Combine this extravagance ex-travagance with shortened production and a situation is created which all the tumult and clamor directed against "profiteers" of one kind or another is not going to ameliorate for a moment. The other point in Lloyd George's speech was that it was the duty of the British people to see that the peace executed at Versailles and ratified by the belligerent powers w-as a real one. "It is not the British habit," the premier pre-mier declared, "to nag, harry, insult and trample a bleeding and defonted foe. So long as Germany conforms to the conditions we have laid down we must give her a clear chance to lead a decent and peaceful and honorable existence." ex-istence." The injunction applies to America as well. A prosperous and progressive Germany is necessary to the interests not mer.'ly of tire Germans, but of tlie United Slates, Great Britain and tho whole worlr". |