The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-05-07

unless he saves "a portion of his
income for the beneht OF IN
/ dustry Lawrence NJ. symmes.
It rs rather an interesting com.
mentary on things as they are that
In New YORK city personal income
taxes a~ggregatinE $50. 600. 900 were
| being reported while al the same tim"
( there were heard The mutterings 81
! an army of unemployc ed said to mum
Der upwards of 500. 600 men.
New York u the head ald center O.,
! -,Ntrayagauec IN this country Al
other cities follow its lead and the
] smaller communities initiate IN,
! larger ccutcrs ts far as they can. A.
90 Us AN over the United States 80 %
is an over the civilized World-a great
strain iS being pat upon capital oy %
widespread c-Ntrtyagancc which is DE-.
hild all local aus advanced 60 cN
plain conditions resulting In the I'm
employ meut u' thousands.
~ O. prominent economist says
without war and calamity an"
worlds capital might have withstonu
the other oNtstNaganccs OF the d1N
ON the other hand. without personal
extravaganza, the cost Of undEuldahl'
misfortune ml2ht have passed unno-
! ticcd. Both have occurred. however,
and the question arises-is IL not Just
possible thar the strain has been
srcatcr than capital could bear: II
10 not reasonable to assume that
prosperity cannot return In iull meas
urc until the damage Is repairelt
MAJ We not cNpect enterprise 10 wat
until the cneD. II conservation Of ali
kinds begins 200 bc felt?'
The manager ~ q large cafe. IN New
Yura city ls reported to have csti-
mated that Sew York on New Year 3
eve spends s. 5Up. 600 In suppers. the
] atcrs. cabs. s4lnons. tips To walters,
! etc. One-huH OF that sum would
build many tu Industry. Suppott
! 200. 600 individuals who have spent 10
tuny uf the lars,r cities $500 annually
iu tips cabs. thcateF ticket cOmmis-
sions. etc. should deposit that money
In the banks lud thus turn IL into
! legitimate c~ntrrprisos, there would 90
100000 600 Coz help make prosperity
and keep o.
while 80 i. rlue that Womcn as a
rule. are moro Inclined 10 be thrifty
] than men, SET f can be said, without
lack Of %sallartry to the fair sex, that
many women are almost totally LACK
ing la the thIt't instinct.
Ia some cases the wife is the out
aud-out eNtIas CANT member of the
matrimonial partnership.
To any suglestlon from the mere
man who supports the household re-
gardinE the N.eiom OF building up a
reserve fund u a sayings bank ac-
count. she u,,e. listens patiently.
Possibly her fetort on such occa-
sions o.
Maze NOR. money and then per-
haps We can save some
Thst b. splendid advice. 10 be sure.
hut suppose On, good husband his
about reached Inc limit ui his earn
ing capacity suppose he ur some
other member q the Family should
have an expensive Illness? DO not
these possibilities show the folly oi
putting on an saving mil earnings
Increase. IL they ever do Increase
Observation and experience alike
point unerringly Go the conclusion
that the desire and willingness Ca
save something must precede the az
tual accomplishment Of that purpose,
le the annual income $500 or s.. 00",
ana that tho experience Of the persii
no puts on saving Il likely 10 be that
of the procm s~tinafing sinner a.
whom are addressed the words of an,
old hymn.
III you tarry till you're better.
You will mover come al al"
And besides. what a resourc b
money In the bank! How compound
interest adds 30 lncome' And hoe
J much better and more effectively