“Wealth is of all things the most esteemed by men, and has the greatest power of all things in the world.” —Euripides.

I trust that 2007 will be a time when you find your life and business growing rich!

DURING these last few years quite a lot of people have been growing rich and quite a multitude have become well-to-do.

Men who never owned a second good suit of clothes previous to 1914 are living in their own homes and driving their own automobiles and many of these men made their competence with the labor of their hands.

A handful of new millionaires was created during the war period, but a whole army of people was lifted from comparative poverty to comparative independence at the same time.

Some people who have had good incomes during the last five years still find it difficult to make the pay received on the last day of the month cover the bills received on the first day of the month. These are the over-consumers.

Over-consumption is the thing which is keeping us in an upset condition and we are trying to rename it “under-production”.

But the essence of over-consumption is in the over-consumption of labor. We have no right to require the labor of more than one man to supply our needs. Each person produces a certain amount of labor, head or hand, and each person has a right to consume that amount of labor and no more.

The world will grow richer, this Country will grow richer and each of us individually will grow richer if, and only if, we produce more than we consume.

When more than one-half of the adult popula­tion of this Country produces more than it consumes, then the Country will grow richer and then the complaint of under-production or over-consumption, whichever you may choose to call it, will disappear.

“It is not the greatness of a man’s means that makes him independent, so much as the smallness of his wants.” —Cobbett.