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Show GREATER PROSPERITY AHEAD. ! "Study carefully the financial history of all great wars, and youjvill find that business has invariably increased during andf or some years after those wars. i "The expenditure of the vast sums of money such as the seven billion dollars ($7,000,000,000) recently appro- 1 priated-even though it be for war purposes stimulates 'I busines3in every other line. All of this amount, even the 1.1 $3,000,000,000 loaned our allies, will be spent here in the United States. "All of us recall that two years or so ago many factories fac-tories were not operating, hundreds of thousands of laboring labor-ing men were unemployed, and we were in the midst of a real business depression, even though all basic causes indicated in-dicated business should be prosperous. "When the allied governments spent their first $50,-r $50,-r 000,000 in America for war materials, business started j . to boom. The orders placed with the munitions plants 1 gradually affected other lines of industry. Laboring men ,j had more money to spend for clothing, food and furni- ! ture; transportation lines had more business; the manu facture of war goods required clothing and clothing required re-quired wool and cotton; munitions required metals, and thus stimulated mine production; the purchase of food s 4 supplies reached clear back until it was felt on the farm. "And when it was realized that instead of only a $50,-000,000 $50,-000,000 purchase, $1,000,000,000 wprth of our 'products would be needed by foreign governments at war, the flow of prosperity became a flood, and we still -feel its effect.' s"Our present prosperity was started by that first $50,000,000 purchase. How tremendous, then, will be the f increase in business prosperity that will follow the ex- , penditure during the next' twelve months of the $7,000,- 000,000 recently appropriated for war purposes. "Have you any conception of how much .$7,000,000,000 5s? "There are 6,362,000 farms in the United States. If the $7,000,000,000 were all spent for farm products, it would be the equivalent of a $1100 order for each farm in the country." E. W. Simmons. i. |
