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Show CREDIT OF THE NATION MUST BE CONSERVED Not only Bhould the goods and labor la-bor of (he nation be conserved tor the prosecution of the wnr; the credit cred-it of tlse nation must be cmserved for -the same purpose. This is being impresses! upon the banks,, and It should be impressed upon the people, too the borrowers from banks, . f All of the hanks of the country are being urged by the Federal Reserve Board to curtail their loans. They are urged to loan money only where the borower is going to use it In some way. that will aid In or contribute to winning the war; This policy is not aimed at hampering hamper-ing legitimate business. It aims to help win the war, which Is the best tfling possible for business. It simply means that money wanted for non-essential purposes should be refused. Let the non-essentials wait until the waf is finished. The government needs the money to carry on the war. The farmers, the men and the industries indus-tries engaged in war work or engaged in producing things needed for the efficiency both of our soldiers and of our home people, need the credit to carry on their enterprises. , Merchants should not borrow the money to stock up on luxuries or on things, that the people should not buy at this time. No one should borrow money now to spend needlessly or extravagantly. Unnecessary building, unneeded articles, unessential enter- . 1 prises should all. await the ending of the war. The Federal Reserve (Board points out that in the interest of successful government financing it would be much bolter for the hanks to hold the credit within reasonable bound. by intelligent cooperation rather than to discourage borrowing by dlsrhitrging hlKh interest rules. The people nhonld cooperate .with the government and the banka In this policy of conserving 'relit find' crntaSM'ns borrowing z-,1'",t z-,1'",t where die money, directly or in-diive;!". in-diive;!". belt.., 'n the war, helps our "''h'!er v.h, :in. rL-klpg thc-ir Ihei for our country'. |