Publisher's Synopsis
Excerpt from Federal Finance
What of the future? The first task of to-day is the efficient and unresting prosecution of the war to a successful end, and no other question. Howsoever important in itself, should be allowed to interfere with that endeavour. Yet, as experience so far has shown. The silver bullet is as effective as the lead one, and if the war drags on indefinitely. Financial strength and soundness will be not least among the determining ele ments. With Great Britain compelled to give four and a half per cent. For money, our own borrowing is bound to become more difficult, and the question of ways and means more seri ous than in the easy-going past. And quite aside from the demands of the war, there is urgent need for at least discuss ing now how we are to meet the demands of the reconstruction period after the war is over.
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