The Birmingham age-herald., 1915-12-01
TALKS ON THRIFT
Take the Proposition to Bank Man

Unless all signs fail, the one certain re- suit of the European war is going to be a general stimulus to American indus- trv Our mills are running to full ca pacity: our crcps are bumper ones; our
 banks are gorged with money; our peo-
 ple employed at good wages ana con
 stantly shorter hours, making thihss for Europe to eat, and wear and shoot
 We shall have great prosperity.
 With prosperity comes the promoter irving to get some of that prosperity
 without working for it. He will nave great schemes to make you (and hlmseil' rich. You frst-then himself Cor vice. yersal Fakes by the thousand will foi-
 low the wake of prosperity, all seeking
 to separate you from your money' Ihe
 warning IS particularly opportune now;
 Beware the promoter.
 If you are offered any scheme to make
 money, take it to your banker. If 1t or fers over per cent turn 1t down on general principles. The promoter finds poor picking when you take his proposi- tion to the bank man. Ask the banker: Would you go into this with the bank money? And if he wouldn't-don't you. Years ago a western concern organ ized a Eark and offered the stock broad cast. It was a clever schemc---n good scheme, and profitable one. It had much n crit and should navs como 10 better ecd. But it was 100 good. and the promoter coulc not stand the prosperity it brought him.
 Two halG working miners got Interested ard sought the advice of their banker. He advised against 1t. But 1t pays 17O per cent and you only 4; and besides, they say the stock will double in value in a year." ''Yes, all that may be true, sald the banker, but you're not strong enough | to take the risk and for the possible profit you can't afford to chance probable l loss. They went in ana in less than six months the bank went broke, and the miners nearly went broke with tt-they had plunged. Today that stock lies some where in tin boXes mute evidence ol what happens when you go against the advice of your banker.
 l A certain steamboat captain never | earned more than $l00 a month, and vel | in the course of 25 years he was able to raise a family, dress and educate them provide handsome home, clear or deD' | for them, and leave his widow witt enough to support her In comfort for life all this on $10O a month. He saved hall l ne Gdrneu IHS ScClCl iAAoy II" Ae@iA l with the wife, or with him, or with both but the result was there just the same What this man did you can do. He stuck ] close to the bank; bought his home ant paid for it by degrees. carried fail amount of insurance never tried an. | schemes, and held fast to what he got. | The really big things are not hawket l about the streets like vegetables. The Dit l deals are not for the dear public." Henr. 1 Ford never offered his stock broadcast I A certain New York undertaken (nov | bankrupt) did. Standard Oil never wen with hat in hand, seeking those wh'
 would buy. Big things are for the few little things for the many.
 You worked pretty hard for your none. and it ought to work for you; not over work, but just keep comfortably busy. will work right faithfully, for compcun, interest grows apace but if you worl it too hard it will like the faithful ol
 horse, keep going for time, but event
 ually fail you. Do not try the impossibl Four per cent with safety is better thai 10 per cent with risk. Don't lose you principal trying to get big interest. fo must sacrifice one of two things: principa or income. Keep safe and your incom will be small but sure; but if you seel large returns you must of certaint jeopardize your principal. Better reac your goal by little jumps that land yo or the ground each time. rather than talk flying leaps in the dark. Thrift consist in leaving some good things alone. Th promoter is one. His best scheme is no lgcod enough for you.
 AMERICAN BANKERS ASSOCIATION