104 ARCHER BROWN 



steadily increasing]; proportion of the world's requirements. 

 He thinks the past eight years, with its creation of wealth, 

 its payment of debts, its settlement of financial questions, 

 its uplift in the spirit and ambition of the people, has l^rought 

 in a new era, and that it is narrow and fallacious to try to 

 square the conditions of to-day with those which prevailed 

 in the years of panic and turmoil. 



