The Reason Why
Is it not wise to spend lavishly to save in the end? Is it
not best to pour out money like water to save human lives? Haste always makes
waste, but haste gets things done before it is too late. When we needed men and
ammunition, we needed them at once. A million men blocking the German drive
toward Paris did more in less time than 2 million probably could have done if the
capital of France had fallen. And so if any one thinks that the United States
did not receive full value for every dollar raised by its Liberty Loans let him
ask himself why and then buy Victory Liberty Bonds to his limit.
Take for example this instance: Your little girl is standing
in front of the parlor fire. Suddenly her clothes blaze up. Will you run up to
the attic and hunt out an old quilt or carpet to smother the flames, or will
you seize the first thing you can reach, perhaps the most beautiful Oriental
rug you possess, and wrap it around the child? In the first case you would be
saving the rug, but running a large chance of losing something infinitely more
precious, the little girl. In the second, by using all the means available at
the crucial moment, you would save far more.
Haste always makes waste—but haste in this case would put
out the fire before anything besides the child’s dress was burned.
Now, the United States might, perhaps, have saved 67 cents
on each keg of nails, or $1.73 on each rifle, had haste been of no
consideration. In the aggregate a great deal of money was spent rushing war
preparations through in the shortest possible time; but had the results which
were achieved in a few months been spread over a longer period the war would have
lasted perhaps a year longer. By the most conservative official reckoning this
extra year of war would have cost 400,000 American lives—and $36,000,000,000.
It was by pouring men across the ocean in a steadily
increasing stream and by quickly providing an enormous quantity of all war
necessities that our government saved not only an incalculable amount of
suffering and bloodshed for the whole world, but actually twice as much in
money for this country alone, as the total of the first, second, third and
fourth Liberty Loans.
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