BLINKING FACTS.
Those, how ever Who have given most attention to the -matter are firmly convinced that-We Shall haVe no real revival in our industry until we start with economy in.- the National Expenditure. In some respects,. it might be said the problem is almost a psychological one. Refusal on the. part of statesmen to economize reveals something besides lack- of courage. It also signifies, or appears to signify, an insufficient appreciation of the need- for economy. And this imperfect appreciation of the true position, in its turn, explains a lack of concern at wastage on the part of the community, whether it be in excessive consumption of imports or in thweadiness on the part of organized industry and of Labour to face the stern facts of foreign competition with its clamant demands for enlarged and cheapened production here.
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