15 OCTOBER 1927, Page 32

THE ROAD TO PROSPERITY.

It is not that those who urge the imperative necessity for economy in the national expenditure are unmindful (Continued on page 635.) (Continued from page 624.) of the welfare of all sections of the community or do not recognize the _desirlibility of, the standards: of living being raised in all' ranks. What, however, the economists believe is that the first essential is for a growth in the national wealth fuqd as a whole, and they know that this cannot be accomplished until all are pulling their weight in the boat, and they-know further that real national and social unity; harmony,and happiness can only come along these lines. The present system- of vote-catching by prostituting our national finances to political exigencies is as demoralizing to the morale of the community as it is disastrous to the national finances themselves. More- over, I believe that these fundamental truths, unwelcome as they may be, are not unperceived by the nation as a whole, and the statesman who has the courage to proclaim them and to act upon them would probably find that so far from meeting with opposition he would gain support ; while of the beneficial results there can be no question.

ARTHUR W. KIDDY.