Show MONEY SPENT NOT WASTED pa the NEWS on april 16 lo in an editorial under the above capt caption iori rotor refer flog to the attitude of certain demagogues and grumblers grumbl ers who complain against gal oat rich people for spending their money v on luxuries characterized ouch complaint BB as unreasonable and sla sl stent tent for the reason that so ao far as bis big fel are concerned a spender la is more useful ireful than a lender leader it was pointed out that the more hones borses and carriages carriage campett and furniture silk dresses and porcelain etc the nabob and big bia family buy and use the better for all the people engaged in the raising or manufacture of the articles named the doctrine here laid down was expressly qualified by the stat statement that these are nut not tho beat ways of spending money more people would be benefited by a rich nob man mans s wealth if he be established factories and aided in developing the country but if he chose to i pend large sums upon his hia domicile domi oile sod and his hie gereon supposing all the time that he has neither ability nor inclination to invest his bla gold in any other way in all conscience he ought to be encouraged to do so BO by this thia means he be would do some good to the community in which he be lives live all A 11 this was plainly stated elated in the article referred to it would seem that this proposition Is as aa plain as aa the simplest of euolla axioms needing no proof no demonstration were it not for the fact that people suffering buffering from real or imaginary wrongs oppressed oppre aeed under burdens too heavy to carry and yet impossible to throw off olten often lofie their cool judgment and reason to the extent that thai the most moat glaring turn tum ad appears in the light of an infallible syllogism such inch demagogues w uld not be able to secure a hearing bearing they would at once be recognized as unreasonable and inconsistent si as a this seems BOOMS to be professor J H paul SO as will be neon by a correspondence to in another arit of the NEWS has baa found it necessary neoe wary to hasten basten go 10 the rescue and furnish a well studied argument for the proposition briefly stated by this the professors letter la Is highly didactic in tons and is so written as to convey the idea that the NEWS was wag radically wrong la in something whereas when the writers terPo argumentation is followed out oot the fact appears that it to is really an endorsement of the doctrine it at first seems seema to condemn let us see professor paul Pau lvery very properly argues that the money of a man amen who spends 1000 on a watch will benefit the laborer who receives this sum for his work he further argues that the be man who spends 1000 on a farm benefits first the people who sold the land and sec bitely the men who got get employed on the farm therefore it I 1 is better to spend money on industrial enterprises than on luxuries the news stated the same truth thus we do not say that these referring to buying luxuries are the be best beat ways of spending money we think more people would be benefited by a rich mans wealth and be would be much better aud and happier himself if he established ac factories actori tories eB and aided in developing the the country now if there JP in any difference in the position of this paper sod and its learned critic except in the manner of expressing the ideas idea sought bought to be conveyed it is not apparent probably more clear noes and greater elegance will be claimed for the latter but that is ia a matter of taste and cannot form the subject of a serious controversy leaving this then out of considers oon sidera tion and turning again to the only point made by this journal and which our correspondent totally loses eight of that it is in unreasonable to bass base agitation among laboring classes on the fact that wealthy men sometimes ome timea spend vast sums bums on luxuries we again gay bay without fear of being misunderstood that go BO so far as an his follow fellow men are concerned the spender is ia a benefactor when he be spends 1000 for a watch that money presumably will find its if way to the laborer labor erld home the merchant the farmer or the bank and go on indefinitely doing good the spender to that extent enables other vendle tj do with the money what he himself declines to do to wit invest it in enterprises lend it to investors or kive give it out for charitable purposes a way of spending money which by the bayis not considered in the professors profesa ors Is communication what then to ia tile the reasonable ground of complaint the feeble effort to give the subject a religious touch calls for only a passing remark it the exhortation to the people of the lord to be lenders rod and not borrowers proves prove anything at all it is that borrowing to is an undesirable transaction belonging to a state of imperfection inconsistent with a higher moral development but that does away with the whole argument for the business of the mono moneylender money y lender ledder so BO learnedly advocated in the letter again the reference to too the poverty of christ and some of the early church fathers Us as a proof against luxuries has the fatality of proving too much it might with equal force be quoted as it in fact has been as a an argument against an accumulation of wealth tor for any purpose since it is well known that neither of these used his intelligence for the acquirement of wealth some of them even renounced it as an the property of satan As to well known that he wore ft a garment so costly that the soldiers at the cross croon refused to divide it and also that he gently rebuked the disciple whose principles of political economy allowed him to see nothing but waste I 1 in the ointment worth at that time the immense sum glum ot 60 poured out by loving hands on the feet of the master marder that false apostle to is but too good a representative of some modern agitators to be lost sight eight of in this matter possibly these remarks are needed to guard some people from construing the letter of our able correspondent as a justification of greed |