Bisbee daily review., 1916-01-27
"THRIET YEAR"

This is thrift year. so denominaed by the American Bankers Association, which has started the bgges movement against and extravaganza ever under aken in this country.
 The idea is that now, in year when the nation is mak ng more money than ever before it should more han ever-not merely for the usual personal reasons
 given for thrift necessarily because hard times arc
 likely to follow close upon heels of this plentiful put because the country going need for future de ;eopment all the funds it accumulate.
 The individual of course will be far better off at the beginning of 1917 saved his surplus dollars h; year. But we are urged to look at the matter from he bigger national standpoint If will simply save while have the power the experts. we shall be bound the banker and the trade leader of the world and the most prosperous nation in history.
 What owe need the money for? Well, preimi nary we for internal development Frank A. Van derip president of the biggest bank in New York; that within the five years shall need s2OOOOOO 900 of capital finance the development of the electrical industry alone that railroads in the same period will need s4OOO6OOOOO to old debts and pro vide fresh capital and municipalities will require $15OOOOOOOO There's nearly OOO eight times our national debt needed starter.
 Beyond that as writer in the American Magazine points out the United States has "a man-size job.
 "I has got to stand its financial bottom, swing European loans absorb the three four billion dol of American securities held abroad lend hand to the rehabilitation of Mexico, open its purses to those South American countries which formerly made Europe their bankers perform the other functions of fiscal agent for the civilized world.
 
 work What has he to do with it? And the writer replies the who contribute toward these billions required the who will share largely in the national prosperity that follows The money put in the savings banks will not only interest; it will back in the of general prosperity, better wages big ger salaries, more profits.
 The American people it really need to have thrift preached them. With the highest wages in the world have the lowest savings average France with he lowest scale in the world has highest entage of savings In Switzerland 55 cent of the people savings accounts in the United States han 10 per cent.
 One Million New Savers in 1916 is the slogan of the Bankers association And the propaganda being pushed many powerful organizations that will suspected ,f having any selfish interest in the matter.
 Back of the bankers campaign is an Advisory Thrift Commission" composed seventyive leaders in various departments of American fe among them expresident Taft and Cardinal Gibbons. The Young Christian Association have enlisted in the work The National Civic Associations is playing prominent part The al Savings Bank system is doing all it persuade people to take the money of the old stocking and put it in the postal banks where it will do country some good The National Americanzaton Con- nittee is persuadng immigrants to put their money in American institutions instead sending to the ,ld country.
 Fifteen thousand American banks engabed in this vast campaign. They arraging for thrift talks the public and thrift pages" in newspapers and maga tines. Books and pamphlets regarding savings md thrift methods distributed widely Business firms urged to join in the effort and many pig corporations doing so Some of them offer to ake out given percentage of employees wage every lay and put it in bank for him. Some go so ar to pay employees bonus all the money they deposit in the bank during the year
 It's thrift year. for everybody Have you got into the game?