A PROTRACTED TASK.
This should not, however, suggest for a moment that economics are not good in themselves. The reverse is true,- for economies, if applied in the right direction, increase competitive power, and reduce the consumption of the community as a whole in relation to its production. The results of economy and efficiency, in view of their secondary effects, must nevertheless be slow in showing themselves, and the recovery from economic depression must necessarily be a protracted task, which can only be accomplished if there is a complete grasp of realities and an equal determination to submit to whatever sacrifices are required. We have seen, too in the case of Great Britain, that the .resisting power and accumulated resources of the country were such that several years of trade depression, high costs and unsound finance were necessary to undermine its economy and bring about a crisis. A correspondingly long and arduous climb must be required before that economy can be restored to a
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