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Show A Tonic Viewpoint The human mind always tries to justify events. There ; is always a tendency to pick the best side of a situation such as the current depression and amplify it. Whereas, it is undoubtedly true, as has often been stated, that poor economic conditions have had something to do with an inward searching of character and a fundamental funda-mental trend toward a more just civilization, we certainly should not go too far in justifying events. Warren, the president's monetary adviser, has an interesting in-teresting thought to offer along this line. In speaking of the depression, he says: "It teaches the devastating effects of deflation, but teaches no other lesson that is good for society. The one les-son les-son to be learned from it is that, if we are going to have deflation, the miser is the wise man. The modern version of the miser who sells short is even wiser. The man who actively engages in business, producing things that the world needs, is foolish. "Studies of cost accounts of farms have shown that the best farmers have lost the most. Whe nproducts are practically prac-tically unsalable, the man who used good seed, sprayed or otherwise cared for his crops, loses more than the man wno spent little or did little." |