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Show THE TREND OF PRICES "Past history has proven quite conclusively con-clusively that you can no more legislate legis-late the cost of living up and down than you can stop the tide by building a sea wall. The basic economic law of supply and demand always has and always will determine prices, in spite of artificial restrictions which may seem to inte:fere temporarily. When demand exceeds supply, prices are bound to rise. With three hungry men for a single loaf of bread, but one thing can happen. When supply exceeds ex-ceeds demand the reverse is true. Three loaves of bread to one man bring piices tumbling dowu. "The real cause for the present high level prices is apparent when you realize real-ize that the United States is exporting at present twice the foodstuffs that it exported a year ago. and three to four times the amount ox ported in normal years. We are feeding Kurope. What's more, we must continue to feed Kurope, until it gets back on its own feet again. Tbeir crop of 1919 will help some, but we must wait until the harvest har-vest of 192(1 before they are wholly independent in-dependent of this country. If the general public: can be educated to an appreciation of the situation as it Is, and can be made to see that I he well-being well-being of every one of us depends upon every man producing as he never produced pro-duced before, supply can be increased to meet anj exceed Ibis unprecedented demand and we shall weather the storm with everybody ahead. Under the circumstances, it is more of a religious question than an economic one. Maximum production on the part of every individual must be made a moral issue. Decreased demand means depression, and unemployment, and hard times for everybody. Increased In-creased production will meet the situa. tion and solve the problem, but that can only be accomplished by every man putting his shoulder to the wheel, and producing as he never produced before. be-fore. When the niajoiity of people were ms.de to feel that slavery was wrong, It was abolished. When the majority of people ware made to feel that drinking was wrong and were ashamed to be seen going into a saloon, sa-loon, we got prohibition. In the same way, when people begin to looli down on the man who is not a producer, or who curtails 'his production, we shall strike at the tap root of the cost of living problems. We must go on a 'producing crusade'." Roger W. Bab-son. Bab-son. Work and save. Invest in War Savings Sav-ings Stamps. W. S. S. The price of a $5 War Savings Stamp this month is $4.21. Buy one every week. Credit tempts you to spend more than you ought to. Pay cash ard demand de-mand your discount. Put the di-Munt di-Munt in W. S. S. |
