Equally interesting is the passage in which Sir Hallewell Rogers
showed, and in our opinion with perfect success, that production is not the only process necessary for creating wealth. That is only another form of saying that you may waste labour if you do not produce what is in demand, or if you produce so dearly as to kill demand ; or, again, if you do not make pro- vision for creating demand by energy and enterprise and fore- sight. All this, however, we must leave our readers to find for themselves in Sir Hallewell Rogers' speech. We will only add that one of the things which we like best about that speech is its generosity of tone and good temper where the men are concerned. It is this spirit, now so generally shown by the leaders of industry, which makes us even in times like the present take on the whole an optimistic view.
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