The Washington times., 1915-12-26
THRIFT" CAMPAIGN
WILL BEGIN JAN. |.
Movement to Be lnaugurated
With Parade Of Five Sand
WiCh Men on New Year.

Next Saturday, the birthday of 1916
and the day on which every Washing
tonisn will or should be ponderlng over
New Year resolutions. five sandwich
men will parade through the business
SECTIONS and popular promenades Of the
National Capital bearing striking slo-
gans which will admonish men, women
and children to head their list of self
promises with pledge of greater saw
ings.
The sandwich parade will he the i'm
augural step in the years campaign
for the promotion of thrift" which is
to be conducted by the washington
Chapter of the American Institute OF
Banking.
Movement Nationwide.
This thrift movement is not local, but
nationwide. 1t will mark the centen-
niAl of the foundation of the savings
bank in the United States, and is being
conducted under the auspices of the
savings bank section of the American
Bankers Association.
The work of educating the public to
the advantages that spring from sys-
tematic savings, however, Will be IN
trusted to the chapters of the Ameri-
branch of the association composed Of
clerks and Junior officers of bankirS
institutions.
In Washington, Harry " Haynes,
president of the local chapter, has
appointed committee of twenty
one members, headed by Frank Il.
Devereux, which has been organic
ing it's campaign for weeks.
With the wholesale destruction of
capital in Europe which has been in
progress for nearly a year and a
half, bankers assert that the United
States will not only be unable 10
finance further it's established indus
tries and promote new ones on Dor
rOwed money, but will have to pre-
pare to take the place of a creditor
nation. To meet these demands, they
say, the American public must become
more frugal; must learn to save sys
tematically, and acquire the habit of
investing.
Plan Years Campaign.
To impress these facts on, the
Washington public, the members of
the Washington chapter of the Amer
lean Institute of Banking have plan
ned twelve-month campaign.
The sandwich men will be a novel
method of advertising the movement.
In the typical costume of a sand
wich," the men will typify- results
antithetc of frugal, while the So
gans that will adorn their boards
will emphasize the advantages of
thrift. New Year Day, it is thought,
will afford an excellent opportunity
TO launch the campaign, as the streets
will be crowded with pleasure seek
ers bound on a round of calls or a.
tendance at the theaters.
This, however. is only the inaugural
movement Each of the twenty one
"members of the chapter committee
has been trained to deliver public
addresses on thrift,
Special efforts will be made to or
Sanize savings clubs among the school
children, to reach the workingman,
and to interest women and girls en-
gagged in industrial lines. Heads of
schools will be requested to permit the
speakers to address the children, pro-
prletors and managers of department
stores and factories will be asked to al
low the organizers to hold MONDAY
meetings in their shops. and similar
opportunities will be asked at the hands
Of civic bodies and citizens associa-
toms.
Slogan Not Decided.
Just what the slogan of the local
campaign shall be has not yet been de-
cided, but the official song has been
selected and meetings and street pa
rades will echo with it's tune. 1t is not
new, but, as President Haynes says,
hits the nail on the head 1t is
Every Little Bit Added to What
You've Got Makes Just a Little Bit
More"
Equally strenuous campaigns will be
carried on in siXty-two other cities,
each with population of over 25, 600,
through the institute chapters located
in those cities
The institute will also have the CO.
operation throughout the country of the
tUNs ks@rn
which will campaign in 600 or 700 cities;
the National Americanization Commit
tee, which will work especially among
immigrants; the National Civic Fedora
ton, which will devote its energies to
inculcation of the idea among the in
dustrlal workers of the United States,
and the postal savings banks.
The thrift movement will be in ceie.
bration of the tooth birthday of, the
savings bank in the United States. The
first bank was established in 1916, wher
the population was 9,500,000. Today there
are 210O savingN banks, and they have
in their care more than 81, zoo, 900, 900 be-
longing to 10500 000 depositors.
Promoting tine thrift campaign is only
one of the activities of the local chapter
of the institute. Like other branches
social During the early history the lat
ter purpose was pursued more general
ly than the former. Today, however
the situation is completely reversed.
Conducting Three Courses.
Washington chapter is now conductin;
three courses: Two nights a week ther,
are lectures on commercial law and ne
gotiable instruments, delivered by lead
ing members OF the local bar. Th
commercial course is confined to tina
branch of the law IN so far as 1t apple
TO the banking business, but the cours
in negotiable instruments is even NOR
comprehensive than the average law
school course.
For the younger clerks there is
course in bank practices, while for tn
graduates of the institute there is
course relating 20 settlements as nov
conducted with foreign countries.
Last year, when bankers throughou
the country were deeply interested 4
aud frequently puzzled by the pro
visions of the Federal reserve act, tn
chapter arranged series of lectures o
the law by DR.. II. Parker Willis. secre
tary to the Federal Reserve Board.
The chapter was organized fiftee
years ago, and today has a membershi
of $50 The officers are Harry V. Hayes
president; II. w. Ireland, vice president
Charles L. Beaumet, treasurer; p. A
Brunger, secretary; A. A. Savage, as
6iStant secretary, and G.. Elmer Fla heI