Page 313 - clra62_0019-(GIPE)
P. 313

ARE  WE LIVING  ON  CAPITAL?        305
                  are  guesses for  the future.  We have  to deal with an
                  actual situation in which a less  severe  call  is made on
                  our  energies,  and  where  we  may  consider  what our
                  preparations ought to be without running any  risk  of
                  outlays beyond what may well be borne.















































                                           x
                    II.
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