We regard the three Resolutions as forms of national defence.
Once again, we are quite prepared to admit that they derogate from the pure economic principles which give wealth to nations. In theory they make for impoverishment as against enrichment, as of course also does expenditure upon the Army and the Navy. But they are necessary. Therefore we must face the economic loss and determine to make it good. The way to snake it good is to call for an increase of national energy. Happily there is no reason to doubt our ability to obtain that increase. Before the war we were -not as a nation working at full speed. We must call out our reserves of industrial man-power -and woman-power for peace as well as for war. Fortunately there is no reason to think that we shall suffer morally or materially by doing so.
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