Article June 15, 1935 Issue

Demand and Supply

ERIC W. CARR

Today we appear to be faced with an economic problem which is unique.

Form earliest history mankind have had to find their food laboriously and make with their hands those things which are requisite for their comfort and well-being. Under such conditions a man's chief problem was the question of his ability to produce enough to meet his needs.

The situation is rapidly changing, however, for the machines are producing material requirements in all directions at such a rate and with such ease that an abundance of all necessary things would appear to be within the reach of everyone. But in spite of the machine, in spite of the vast output from factories, lack still seems to persist; for so many are unable, apparently, to pay for what they require.

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