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Now that nearly all wartime controls have been removed, the operation of our industrial system depends to a greater extent on the decisions of businessmen, farmers, and workers. These decisions must be wisely made with genuine concern for public welfare. The welfare of businessmen, farmers, and workers depends upon the economic well-being of those who buy their products.

A bunch of damned scoundrels they were, bent upon making fools of poor peasants, in wartime just the same as in peacetime all of them, the great doctor as well as the fine ladies in their dazzling white gowns and with their silly affected talk. Heaven knows it was no great trick to bamboozle a simple coachman, who had managed with only the greatest pains to learn a bit of reading and writing.

It will be impossible to maintain a high purchasing power or an expanding production unless we can keep prices at levels which can be met by the vast majority of our people. Full production is the greatest weapon against inflation, but until we can produce enough goods to meet the threat of inflation the Government will have to exercise its wartime control over prices.

Ever since then I have believed all the stories told me about spies who walked where they chose unchallenged during wartime; for we three a Sikh enlisted man, an Australian disguised as an Arab, and an American in civilian clothes entered unannounced and unwatched the building where every secret of the Near East was pigeonholed.

Many young men, rich or influential, are passing their wartime in the offices of the depot, of the Exchange, of Food Control, of Enlistment, of the Pay Department, and other administrations whose names one cannot remember. The priests are swarming in the two hospitals; on the faces of orderlies, cyclist messengers, doorkeepers and porters you can read their origin.

Of the special wartime agencies now remaining, only a few are expected to continue actively into the next fiscal year. At the same time that we have curtailed the number of employees, we have shortened the workweek by one-sixth or more throughout the Government and have restored holidays.

The man who fails to take advantage of the security for the future offered him and his family through the opportunity of saving from extraordinary earnings is one who is adding to the abnormal demand for such things as phonographs, jewelry, spirits, and tobacco. And this helps to explain the tremendous market for luxuries during wartime.

Berg, oblivious of irony or indifference, continued to explain how by exchanging into the Guards he had already gained a step on his old comrades of the Cadet Corps; how in wartime the company commander might get killed and he, as senior in the company, might easily succeed to the post; how popular he was with everyone in the regiment, and how satisfied his father was with him.

Of the special wartime agencies now remaining, only a few are expected to continue actively into the next fiscal year. At the same time that we have curtailed the number of employees, we have shortened the workweek by one-sixth or more throughout the Government and have restored holidays.

In and out of the sunny islands that lay like studs of emerald on a silver shield sailed Frithiof, and on the deck of the dragon-ship he rested through the summer nights, looking up at the moon, and wondering what she could tell him of the northern land. Sometimes he dreamed of his home as it was before the wartime.