The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1916-01-31
Day February Third
THRIFT BUILDS UP
WHAT WAR DESTROYS

the people in the matter of money eA-
penditures. The world cannot witness
such frightful waste of life and
property without doing some solid
thinking. Nations cannot pay the
enormous cost of keeping armies in
the field without giving heed to the
cost of war, where the money comes
from. and what will be the result to
themselves.
The thrift of European nations has
made possible the accumulation OF
vast hordes of gold, upon which they
have drawn as the war progressed, ana
only because Europe has been saving
for decades can she now spend at Sucn
a terrific rate But even with all the
vast resources, the time has come
when governments have deemed 1t
wise to caution the people against
waste. and to encourage saving, as
matter of patriotism
In England the thrift movement has
become so apparent that 1t has affect.
ed everything from the burning OF
gas in the bathroom to the pruning of
salaries in parliament. 1t has been
suggested that there be appointed a
commissioner of thrift to make the
work thorough, systematic and wide
spread.
The men in the trenches receive but
twenty-four cents a day, and Britain
argues that if they can sacrifice their
all. why should not those at nome ana
those higher up sacrifice something?
All sorts of schemes have been sug-
guested from the taking over OF the
railways by the government, thus cut
ting down expenses, to the dismissal OF
servants in the household But what
ever the plan, the idea is to ecOnOmlze-
The British parlia mentary war saw
ings committee is flooding the United
Kingdom with leaflets calling upon
everyone to help buy victory ana
he n
Some of the points made as TO why the
nation should save and how to do 1t
are as follows
Save for your country's sake. be-
cause it is now spending t3,O0O,OoO
day, and must find most OF the money
out of the savings of its citizens.
Save for your own sake, because
while work and wages are good now,
hard times may come after the war.
Save so that we need buy as little
as nossible from abroad. We are buy
ing from foreign countries tl'OOO'oOo
day more than they are buying from
US
save. because whenever we inn
mort things that are not absolutely
necessary it becomes more difficult to
import and pay for all the things that
are absolutely necessary.
Save. because the more, we import
from abroad the more difficult it is to
prevent gold leaving the country IN
navment Save, them because our
store of gold is vital to our credit and
to our financial power.
Save because by so doing you Will
help your country to give financial
helm to our allies who are less rich
than we are.
mo saving is too small to count. If
45O00,000 people save an average OIL
even half a crown a week, the total IS
huge-it means nearly tSoo'oVo'oVV
year
Eat less meat.
BE careful with your bread.
Waste nothing. To waste food IS
as bad as to waste ammunition.
Save especially in all things which
have to be imported; food and drink
of all kinds. tobacco, petrol, rubber,
etc.
use home products wherever pos
sible, and be careful even with these
Before you spend anything, think
whether it is necessary.
IF you possibly can grow your own
vegetables
be no lasting greatness. No man ever
/ becomes a really great man unless he
4 is thrifty No nation can become
great or sustain it's greatness unless at
| the very foundation lies the thrift OF
the people. Thrift IS the surest ahu {,
strongest foundation of an empire,
says Lord Roseberry, so sure, so
strong so necessary, that nation
can long exist that disregards it.
/ Wherever there is destruction OF
| property, thrift must replace it. Waste
4 is waste and cannot be recovered. In
surance does not replace loss, it SIM
ply distributes it The house that
burns is gone. The owner may build
1 another from the proceeds of his fire
insurance policy, but the loss is there
4 just the same, spread over many rath-
er than on the one
The financial adjustment that mus
take place when the war is over vii
l impose a penalty on the whole world
l Thrift must build up what war is tear
1 ing down, and we will have to beal
our share. We may roll in wealth fol
l a time, but the day of reckoning VIII
1 surely come.
Baltimore fire and the Boer war wer'
responsible for a period of world
wide readjustment, from which we hat
l barely recovered when the war brok
/ out We must not delude ourselNe
| that this catastrophe will be Withou
| cost to US. Ie behooves every man
| therefore, to cut out his waste; nus
/ band his resources; go carefully in tn
4 matter of debt; buy no foolish lux
l uries; undertake no great burdens; as
| sumo no undue risks until the result
| are definitely known.
In the heat of battle we canno
count the cost-the world is too ex
| cited to reckon wisely. The rehabilita
l ton of the countries now laid low wi
| be long and costly process. fror
1 which the whole world will suffer 70
| years to come. 1t well becomes US [
set our house in order, save our none
and avoid extravaganza living. for eve
1 if the results do not touch US keenlI
Fl thrift is a virtue for its own sake an
has its own reward.
/ AMERICAN BANKERS ASSOCIA
TION.