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Editorial June 12, 1917

The Daily Commonwealth

Greenwood, Leflore County, Mississippi

What is this article about?

Editorial cautions against false economy amid conservation efforts, advising ample nutrition for productivity, avoidance of money hoarding to prevent financial panics, and continued normal spending to sustain business and national effort.

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OCR Quality

99% Excellent

Full Text

DANGER IN FALSE ECONOMY.

Worse, if possible, than extravagance just at this time would be a false idea of economy. If the people become hysterical over the matter of conservation the very ends aimed at will surely be defeated.

We should bear in mind that, provided our great waste and extravagance is eliminated, there will be plenty of food in the country to supply the necessities of every person. There is now no call, and probably will not be, for any person to deny himself or herself sufficient good nourishing food. On the contrary, all should strive to keep themselves up to their best. Eat plenty, and the best you can afford, then you will be able to do your full share of the work that is before us.

Napoleon wisely said that "an army travels on its stomach."

And it is equally true that we work on our stomachs. A hungry man or woman is incompetent for any task.

And it will be all too easy for us to develop a false economy in other lines. Miserliness and hoarding of money would be most dangerous to business conditions. Anything that checks the normal volume of exchange unsettles the markets and tends to promote panics. In fact, this is a large factor in all financial panics. Money becomes a little scarce, and we at once imagine that if we turn loose the dollar we have we will never see another. Millions of other people imbibe the same idea. You know the result.

The sensible economy and the true patriotism is for each to sell, earn and spend, as only by such a course can business be kept healthy and on the up grade.

Be economical and prudent, but DON'T be a miser.

What sub-type of article is it?

Economic Policy

What keywords are associated?

False Economy Conservation Hoarding Business Conditions Patriotism

What entities or persons were involved?

Napoleon

Editorial Details

Primary Topic

Warning Against False Economy And Hoarding

Stance / Tone

Advisory Promoting Sensible Spending

Key Figures

Napoleon

Key Arguments

Hysteria Over Conservation Defeats Its Purpose Eat Plenty And Nourishing Food To Maintain Productivity Hoarding Money Unsettles Markets And Promotes Panics Sell, Earn, And Spend To Keep Business Healthy Be Economical But Not Miserly

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