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Show J f" " A 8IIOHTAOM OK UAI'lTilli. g A few-years ago It was commonly ;, said thai there was an oyor supply of capital. Savings and other banks . competed for chances to lend their money. Today there does not seem to be m capital enough In the country to p llo.it all the good enterprises. In a t groat-ninny places there Is a scarcity l of houses; for peoplo to livo In. Hut I no one seems to have the money to I build enough of them. Railroads tt nro unable to get credit for needed tj equipment and tho farming industry H , is h.tinpci'od by tho high rates on inorlgago loans. & What Is to become of tho Incrons- jf ; cd galua of farmers, food producers i , and manufacturers; alfso of tho bot- ter w.gcs received by r.o many skll- , leii ailisans? Will all this Incre ment be swallowed up by higher cost , of living? Will It bo p.ild for auto- f ' mobiles and other luxuries? Will .1 It go Into wild cat speculation, and Y be gathered In by smooth promoters ,1. for Investment In Impossible schom- I. ' 's? Or will the banks and subtan- ' tlul enterprises got their sliare, so that railroads can ho extended, I farms impiovcd, houses built, and munuf.iclurliig plants bo established? establish-ed? On this depends the answer to tho question whether our prosperity Is to be permanent oc not. If all our now money goes out an fast as It comes in, always being expended for now giatlllcatinns or for visionary projects, nothing Is added to tho producllvo power of tho country. J The results or a spendthrift policy jj nro dhmliom both for tho Individ- 3 mil and tho nation. Tlioro must bo u constant addition to capital to keep up tho advances of modern hciencc. liicreaso of population, demands de-mands of foreign trado, and to mnko good tho wear and tear of dally use. If these constant additions to capital capi-tal aio not provided, tho people cannot can-not bo kept at work. Thus tho results of national ex travagance cut two ways. They do-I do-I plote thcr Individual Income, and they restrict all productive enterprises nnd limit employment. |