Random Quote
"I have come to the conclusion that politics are too serious a matter to be left to the politicians."
Follow us on Twitter
Never miss a good book again! Follow Read Print on Twitter
Chapter XII. Light That is Darkness
-
-
Rate it:
All over the country the groundswell of unrest was steadily and rapidly rising. The returned soldiers who had failed to readjust themselves to the changed conditions of life and to the changes wrought in themselves by the war, embittered, disillusioned and disappointed, fell an easy prey to unscrupulous leaders and were being exploited in the interests of all sorts of fads and foolish movements. Their government bonuses were long since spent and many of them, through no fault of their own, found themselves facing a situation full of difficulty, hardship, and often of humiliation.
Under the influence of financial inflation and deceived by the abundant flow of currency in every department of business, industries by the score started up all over the land. Few could foresee the approach of dark and stern days. It was in vain that financial leaders began to sound a note of warning, calling for retrenchment and thrift. And now the inevitable results were beginning to appear. The great steel and coal industries began to curtail their operations, while desperately striving to maintain war prices for their products. Other industries followed their example. All the time the cost of living continued to mount. Foodstuffs reached unheard-of prices, which, under the manipulations of unscrupulous dealers, continued to climb.
Small wonder that working men with high wages and plenty of money in their hands cherished exaggerated ideas of their wealth and developed extravagant tastes in dress, amusements and in standard of living. With the rest of the world, they failed to recognise the fact that money was a mere counter in wealth and not wealth itself. To a large extent, thrift was abandoned and while deposits in the savings banks grew in volume, the depositors failed to recognise the fact that the value of the dollar had decreased fifty per cent. Already the reaction from all this had begun to set in. Nervousness paralysed the great financial institutions. The fiat went forth "No more money for industrial enterprises. No more
Do you like this chapter?
If you're writing a Ralph Connor essay and need some advice,
post your Ralph Connor essay question on our
Facebook page where fellow bookworms are always glad to help!

Recommend to friends






