The Washington herald., 1916-09-17
sHswsI Much Del Fsu Suve7

=sHswsMsshTD ssFsuSsve7 aHzs'
j BY oRrsoN SWEET MARppN.
The element Sof. Thrift said the late Mar
shah Field, us sssay neglected bysyoung msn
of the present yssand sfhe tsndsney to live
! !, a ypuAg man shonid seuihv4te ne habit
fof aissys saving somethiAs how ~ fnall shis
i lncofne' As - sS k4Y itssF 10
4 y was BY living nRs to thiss Bslief Tat Nj.
Field himself became the richest and most sue
cessful merchant in the world When asked by
an Interviewer, whom l tsentlte. him on, one PC
easion, what he considered the turning point in
his career he answered.as Saving the first 5000
ever had when might just as well have spent
hefmodest salary 7 made. Possession sof that
topportunities. That~f cohsidef-tht turning
point"
/ FYouns JohnI Wananla Rer. .rbykhafdl work Esnd
issvsre esonorS saved sIoo Yhhife nc, was Een-
Tployed in a clothing store where he had worked
for years for SI.5o week. By wise fea
estate investment his SIoo became $4,000, and
ness for himself '''''" -''@'''''f ''''l' 'l1
'Tssve Something ott' of your earnings at what
eper7 sacrifice. Hiyoung HWanafnaker could do
this out of "a mesgerr st,sopa sweek1 anyoyoung
man can live on, say, nine-tenths of what he
earns, apd can the other tenth q ~,
| If you know how to spend less than you
get" said FTanklin '"you have the philosophers
STONE. THE great,Itronble,Essith many young
people Is that theyodo not acquire the saving
habit at the start, and never fndr this %philosor
piers stone" They do not learn to spend less
than they get If they learned this, lesson in
time, they would have little difficulty in making
! themselves independent. 1t is the first saving
that counts.
| C-Mapy I9chE mon tell us that 1t was much
harder to get their first gsI,ooo than il wss to
get hundreds of thousands later. John Jacob
Astor said that if it had not been for the saving
of his frst $1,000 he might have died in the
! "A blank from which I5receiyed recently cali.
ing for Information. regarding applicants for
high-class# positions contained these questions
Does he. hsve'a bank secount1" How did he
earn his money! This is further proof of
the fact that business men attach great irnpor.
tance to an employees capacity to, save as we'll
as to earn money. A habit of thrift, establishes
confidence in mans character. Employers
know that young man who saves his money
wifi naturally have many other, good traits:
| ! Every dollar employe saves places him in
just SO much better position relatively to his
| employer. 1t cuts the distance between them
! by So much it adds so much to- the employees
Independence; makes him SO much less slave to
| conditions, so much more indepe endent and SELF
reliant. f' S.@ ,5 d 7tHa.
| Many employees never think OF trying to lay
by anything at all because ther-salariessaare
small They reason that since they could save
| but a mere trifle each week or month it would
\ not be worth while to- make any sacrifice to
do, it. So they get into the dangerous habit of
spending everything as they go along
/ Now, thrift is not so much a question:. of
saving large amount as it is the principle of
saving, : This is what counts most. Employees
who spend everything they go little realize
the Tremendous power In a growing savings
account Even little saving is not only a
wonderful. help. toward independence, but It
means much added power of seIf-restrsint,
the curbing of Indulgence Itsmeans so
much gain in self-nastery in will power, in self
respect -,~~; - v.ssn ..g. - +s-~.s-A-> -
| The habit of saving is one of the first
essentials of success. 1t shows desire to lift
ones head out Of the crowd, desire to stand
Tor something in he-world,- be independent
seH-reliant, ones own man. In other words,
the habit, of thrift means. character; it means
stability; it means self-control. 1T is proof
that man Is not hopeless victim of his
appetites, his weaknesses aI 10 zhs1bcyc g1lTs
bet1FheTs moment young man begins to save
syste tnatieaiy andC appreciates the true value
of money he necessarily becomes a larger man.
ttIe9takes broader views Of life, He begins to
haveNa better opinion of himself. Trust takes
the place of}dodbt His savings are ffhe actual
demonstration that he has not only,the ability
to earn, but also to keep his money and il takes
greater wisdom to hold on to money than to
make it. W. ~
saTIhsfe fs'rnado one thing aside from honesty,
which will cut such a great figure kin ones life
as the ability to finance himself on a sound,
/ tseentifcc basis of thrift Every youth should
thave thoroush training in the value and wise
use OF moneyso's2sonc2 soj7q ST. Is Dess<olyQ
tsseA rnultlmiionsire who is a self-rade man
tells me that not Ave out OF, 100 whor have
made money manage ito hold ON ito it They
lose most, or all of II, t,sooner or later. as-~c
| . The failure army today is largely recruited