Show GREAT WAR TAUGHT ECONOMY millions million of men women and children PO proudly adly responded to urgent appeal to give and help win by GEORGE M REYNOLDS president continental commercial national bank of chicago ky 11 tradition and training americans americana possess in marked degree taase qualities that ailt B theta tor fol the larger relationships that are bound to grow out ut of the and achievements achievement of the great war our mixture of catl aenry and ancestry makes it very vital in this time of looking forward to 10 a greater america that flint we should study american history learn to revero american institutions anil and strive to discover and attain american id ideals 0 als these have made us great guided our matchless progress in till oil post past these will HID lead us into it more iborti I 1 glorious future from the experience ex experience prIence of the past palt four years first as onlookers and ift a teras participants cs have gained guined a more intimate knowledge of bf tho the out side olde world a knowledge that win wilk be of value in our foreign meliv dons commercially financially and diplomatically we have also been geta ting ling a much clearer understanding of our own responsibilities to each other there are edine specific ments that must not be overlooked in n our preparation for tri archIng in front rank of Indus industry tiry thrift the relationship of capital and ami lb orto to tile the general welfare and fl financial power come within this cla classification silt fi fired by ambition born boin ot 0 equal opportunity port unity that exists to a greater rio do gree her lieret ethan linn anywhere else we havo have always brn nn all industrious peo io and when we cease to ho be industrious I 1 we shall begin to go backwards habits of industry und and ahr thrift ift ore are the two great greal essentials essential ft t to 0 s 11 tins has beeri been one of our ov outstanding stand hig characteristics and it has cost us its much it tins lias robbed us of the real fruits of prodigious production for in ili tile seasons of abundance we have squandered tant which should have been saved for tit the 0 hour of adversity ver sity war has haa taught economy one of tile the lessons taught alight by the I 1 was was econ economy oiny tile the gov eov needed all kinds of supplies expensive munitions and millions of men who had to be led fed and clothed clothed it ans wn forced to build ships hips on nn an unprecedented scale it did not havo the money with which to do all unit it ap pealed to the lie people to save their inon niona ey mid buy liberty bonds and an savings stamps and millions of men women it and child children ren who had never known the tl importance of econ oIny and of investments became savers aud bond buyers patriotism ns as well ns as self interest prompted us to buy bonds white war was being waged the patriotic duty to buy government bonds Is no less now for our soldiers must ha be cured for until demobilization liza lion Is complete and they are again back in their old places on farms in the factories ond ather places of employment the broin stings of self belt interest are greater now because licci uise the of pence Is being worked out we are gradually returning to a normal basis anti and wo know that liberty bonds will sell at or above pur par within a reasonable time development developments Develop menty and expansion mean general pros prosperity peAty and employment for everybody but we cannom continue even normal development of our great reso resources liMS and expansion of 0 our bustness business ness as we should without new capital and new ca capital for these purposes must conle come from the savings of 0 tile h c people therefore we tire till alj vil vitally interested in the of econ economy olny now although tile the war in 1 over capital rand and labor tito the relationship between capital igind labor Is 14 pite of the big problems because these are tile the two main fundamentals of modern life Is useless without labor and labor cannot find fina employment in our complex alo a unless bottie somebody boily risks capital in the business of farming mining lining manufacturing construction ellon and transportation 10 the lie bunker banker aind every other oilier mi map with an unbiased view of the whole situation hopes for co between these two necessary essary elements fair adjustment Is 1 needed liere here if anywhere labor should havo its just reward capital should receive such bation as aa will encourage its use in ili industry no lie country however fortunate in other respects can continue lutat home or he be a great graat factor lit in in trade without a safe banit lie inc and id currency system our financial resources yo we hold bold osgold of gold in this country which lione Is one third of the worlds supply our government has I 1 ai loaned the afie allied governments over and they have milr ket ed cd here privately another 2000 of securities curit les since august lih 1 we have bought back several dollars werth of american that werf men owyn 1 aarond doirin the war pur excelsa of exports over ini imports lieve totaled about the th nat lorol wenith wealth of tho the united states Is XA or within OW of the lie combined national wealth of great BrIt britann aln ernne germiny Ger germany miny and austria hun gry byj their estimates ja were ere made boado before tile the outbreak of the since then they have lost in resources while we MC have gained so that an today would probably show that flint our wealth equalar or exceeds the tour four on alons named |