The Bridgeport evening farmer., 1914-06-20
FRENCH ECONOMY
 WILL PERMIT OF
 BUT LITTLE WASTE
People Are Wonderful Hoard CTS and Invest Money
 In Bonds.


 among European peoples.
 s:'I should say that a. French family can live off of what an American fam fly wastes said MT Straus- The pT1n- cipa1 reason of course is in a, habit or mind, in a way Of looking upon the rel ative values of efficient living as com pared with inefficient and wasteful hv- ing. One may be as extravagant with a dollar as with a million.
 Now, the se1f-denial of the French, in food and in other necessities of Hv- ing often is carried into what I should consider excess, but there is neverthe- less thoughtful, intelligent thrift in the French household which contributes to the happiness and well being Of every member. It is that sort of thrift which shold like to see cultivated in American families-a careful adjust ment, according to a thought-out plan Of the domestic budget, so much for rent, food, clothing, education, the dow ry of the daughter, the amusements' of every member of the family, the provision for emergencies and old age.
 adopted in the French and ev- cry French home, it is said. isSa parlia- nent-and carried out. every item of expenditure can be made wiNh a ger tain contentment or even joy because 1t is known to be a harmonious rela- 
 French a1nIsements so thoroughly en- joyed because there is no feeling of ex- trayaEance on the part of those anus Ing themselves. They take their amusements. and what might be to the. observer indulgences, happily ana and wrong doing because these ex- penses 1t into the rational scale OF living which has been wrought out earnestly and rationally.
 ssThe FSrencl people are wonderful hoarders They seem to keep. their savings hidden at home more than on deposit at banks. A bond issue of the government or one of the great credit Institutions is usually taken up with out affecting to any great extent the. deposits in the great banks. Persons evidently of the lower middle and low CT classes will often stay all night in front of the office of issue in line for an early opportunity to buy a $20 bond. Otter several members Of a. family will mite to buy a low denomination bond
 ..The holders Of such securities change their point of view. they look upon life differently, upon social itnsti- tutions differently when theyN have even a small interest in the govern ment or one of the great industrial sor business companies. I think we in America, ought to insist on states and cities issuing their bonds for public
 
 instead of selling them in great blocks to persons who resell them to the pulp. lie at a profit '
 Events in Mexico are followed with an almost painful interest by French investors because hundreds of millions of dollars in French money have been sent to Mexico. Some indications of the enormouss losses suffered by French finance on account Of the troubles in Mexico may be found in comparing the present values Of shares in Mexican banks. which are largely held in
 May May
 1910 1914
 Mexico, francs 1245 4se Bank of London
 and Mexico, '' TOT 261 Central Mexican
 The principal cause for the criticisms of the French press of the policy fol- lowed by the American government to-. ward Gen. Huerta is in the enormous losses which French investors have had on account of the disorder in Mexico The idea was accepted more than a year ago that if the United States should recognize Huerta he would be able to pacify the country. The United States is therefore held responsible in d1Fectfy TOT the u1SappeaFdnces AIo1u the French point of view, of some hundreds of millions of dollars in values belonging to the French ,peo- pie.
 Basil zaharoff. who recently gave s10O,ooo to organize 2. worthy French representation at the Olympic games in Berlin, is one of the most remarlxa- ibIe personalities in Paris. He gives away his enormous wealth in way quite unknown outside America
 Born of a French father and a Greek mother, he has always had the great est veneration for the Hellenic race. Some years ago he had occasion to seek information at the Greek legation in Berlin. He found the offices small and inconvenient, quite unworthy of the country to which he owed his decisions, he at once asked the Greek government to permit him to provide suitable premises and installations for all the Greek legations in Europe. Dun ing the last war, as a mark of respect and affection for his mothers country, he paid $200,000 a, month to the Greek war chest as long as the conflict lasted.
 It is to him that the Sorbonne owes it's chair of aeronautics. One day he presented himself at the Sorbonne and told the janitorse that he desired to found a chair of aeronautics, to whom ShOuld ne aOUreSS n1InS6iI: mat OL11- cia1 thought he was a lunatic and of fered little encouragement. However, by persisting, M. Zaharoff finally got to see M. Lizard, the rector, who listen ed to him with astonishment and in creduIity He remarked that the cost would be very great. How much ? Bit by bit the millionaire dragged from him a, number of figures. Added up they amounted to $140.O0o. Was that all? Without adding a word, M. za- haroff pulled out a check book, wrote a check for the amount stated, handed it with a bow to Rector and quietly withdrew.
 Among the more unpretentious pie lures at the Salon of the Society of French Artists, is one that has es- caped much notice although its author is an imperial highness. The work is ssLecon d'ETistoire." It was painted by I2r.irana AIadiid of the ElIlt n