STATIC STATE AND THE TECHNOLOGY OF ECONOMIC REFORM 45
5. A high standard of living on the part of the laboring classes
which will lead them to postpone marriage and .the raising of
families until they are economically able to support them on the
high standard ;—especially a rational standard of living which
will lead them to postpone marriage until they can provide safety
for their families in the form of education, savings deposits,
insurance, and small investments.
6. Widespread habits of thrift which will ensure a rapid
accumulation of capital, ample equipment for all industries, and
low rates of interest.
These factors working in cooperation will raise wages and
diffuse prosperity. This is a proposition supported by economic
theory heroically applied. Tt is also supported by an appeal to
facts when observed on a national and an international scale.
Throughout the world, in proportion as those six factors are found
working in combination, in that proportion do we find wages high
and prosperity diffused. In proportion as any or all of them are
lacking, in that proportion are wages low and prosperity either
entirely lacking or limited to a few privileged classes. They are
therefore submitted as the necessary basis for the technology of
that kind of reform which aims at higher wages and a wider
diffusion of prosperity