Excerpt from The Investment Fund: An Address AS we have seen, the effect of these savings is cumulative. A part of the increasing production is absorbed in better living, which makes the population itself more efficient, and a part is saved for the investment fund, and goes into more efficient equipment, with the result that more gains are made. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.