Word: spends
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Dates: during 1910-1919
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...spend your money even with the belief that by putting it into the channels of trade others into whose hands it comes will lend it to the Government, you will have done something the patriotism of which may be very questionable...
...will save it, will buy more after the war is over and prices have returned to a normal level. A Liberty Bond is as good as cash and can readily be turned into cash. Besides, if one will save the interest one will have more dollars to spend later on than now. This, together with the fact that each dollar will purchase more then than now, makes it to the individual's advantage to postpone the purchase of all but the barest necessaries...
...better, also, for industry in general that the individual who has money to spend for luxuries should postpone it until the war is over. To spend money now gives employment to men when they do not need it, when jobs are abundant and labor scarce. To spend it then will give employment to men when they need it very much, when millions of men will be released from the armies and the munition factories, when men will be numerous and jobs relatively few. To spend money now while the Government is spending so much is only to increase abnormally...
...this war, and it is but natural that the thoughts of all should turn at once to building and saving. But if that is all we think of, we are gone. The young men must say, 'We will not allow things to drop while we save, but will spend our time in building...
There are two kinds of men obnoxious in any community. Both are to be found in our universities, where they reflect a spirit for no value to their country. One is the student, about to offer his services, who regards the little remaining time which he must spend at college as a period in which he need exert no effort. The other is the student who, safe within his college walls, finds life but a daily round of routine and petty pleasure. He reads morning headlines as of passing concern. The evolutions of the day are a kind of motion...