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Show Overloaned and Overarmed. The world is overloaned and over-armed. over-armed. This is a' mechanical age, an inventive age, a spending age, an age in which all the capital that can be supplied, all the surplus savings, all the liquid resources of rich countries are greedily absorbed and swallowed, says the London Economist If the money could be employed in reproductive reproduc-tive works, or in the promotion of public pub-lic utilities, all would be very well, for the liquid fund of capital i. e., the saved surplus would grow larger year after year, expanding with every expansion of industrial activity. But alas! war and armaments, the twin ogres of our barbaric civilization, are greedily devouring a larger and larger share. |