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- ~4l - income and ability to pay. But there are new problems; the heavy taxes of the fautre will greatly influence the operation of the whole eoonoy. Over the long past many people have come to believe that taxes are just so mch money wasted. Public waste is never advisable. But we do nee4 to see that tsaes are a part of the great balance wheel of the econoum. High taxes in prosperous times and r oee taxes when depression threatens can help stabilize our economic opportunities. In the transition from war to pee we are almost eertain to hWe uineyloaemt in many sections of the eoonomy. Unless these Ueressione are localised with promt and vigorous pblie action we may be nulled into a terrible depression. In fast, for 4eoades the threat of depression may not be far avaq. 7or these reasons, it Is desirable that ve have both $step-gep# and long xae plans for direst publie Investments to supplement private efforts. the rural people of Wlseonsin should e lne the opportuaities for public Investments in their own comnuities so that they will be able to participate in any possible future projects. Some public fieetments obvious- ly will be needed - schools, community senters, gnd rosas, for emploe. But it is also desirable that the rural people of Wisconsin consider how public exenditures may be made on private lane, or for private interests which also serve the public interests. Nov far should we go in spending public money to Invest in erosion control, or weedlot conservation, or improved sanitation en private farms or houses? It does not require mush planning to spend monesy but we need earefal thought by citisens and public servants alike to carry out a public investment program that actually promotes both public purposes and private welfare.