The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-06-29
Real Economy Is Wise
Spending, Not Foolish
Spending, Hall Delares
Life Not Made for Saving,
but Savings Made for
Life" Is Advice.
Dy Mixola Greeley smith.

Dy N;xoia Greeley. Smith.
III you economize be sure that your
economy In economical Much econ
omy Is wasteful. The time you waste
In saving a piece of string may be
worth more than the string. 1t surely
is Il It is worth anything at ALL"
Il wrote my book Thrift" contin-
ned Bolton Hall, mot to tell people
how to save on S. n week. because
any one who IL living on Sc q week,
or twice Sc a week, needs not to save
1t, but to be saved from 1t.
Life is not made for saving, but
savings are made for life-that It may
be more abundant here and now.
Thrift is not wearing on your back
MI you have. like tin horn gambler
displaying his diamond stud" contin-
ued the distinguished author of Three
Acres and Liberty" whose interesting
and timely book on Thrift" his just
made its appearance. Neither Is it
wearing slOp shop clothes. A life with
nothing but hash and corduroy Is no
life at ALL
But don't waste time you might
spend increasing your earning power
SN 0CSSSsn6 wv Obu uOpc itOOuL 4lOH>
esty and industry lead to affluence'
or Save q penny n day and you will
be rich You will ii you marry your
employers daughter 1t Is true that
the same industry and talent that
make q fairly successful confidence
man would help to make q highly
successful banker.
Usually conditions determine
what the average man shall be.
But the snan that succeeds 10 the
man that thinks he can. Success
comes IN cans, failures in can'ts.
There never was = successful pro.
motsr who didn't think he could
sell refrigerators to the Eskimos
il he had the time.
Think Of all the poverty stricken
foreigners who come to America with
the huge handicap Of not knowing the
language" Mr.. Hall continued who
come here to make money and do make
money. People fool themselves with
the idea that 1t is because the for
eigner lives below the American
standard But the Chinese live cheap
est of any kind. and you never heard
of a Chinese laundryman who saved
a million out Of his laundry charges.
Il understand you do not approve of
the present wave of economy" / OBJ
served.
Keep Business Going.
Il approve of such parts of it as
are productive and constructive" Mr..
Hall replied. II suppose you saw
President Wilson's letter in which he
said the welfare of the country de-
mands that business go on just as it
did before the war; II tailor under
takes to economize he countermands
an order for cloth. The merchant de-
cides he will have a dull season and
telephones the contractor that he will
not have bow window put on his
house that year. The contractor.
thinking business will be poor. decides
not to buy the horse he had in mind
and the horse man deprived of the sale
makes up his mind that he will not
order a suit Of clothes from the tailor
The vicious circle of economy Is then
complete, and everybody is poorer, al
though not a dollar has been lost.
Spend Money Productivity.
IF women don't realize the folly OF
economizing on clothes which they
need. a great many working womer
will suffer. They are suffering al
ready. Today we should spend oul
money productivity. We should not
pay dollar a piece for orchids t.
make a display at a luncheon. but We
should buy a talking machine If We
want one because by putting on a rec
ord when friends come to dine with us
we save the price of tickets to take
them to the theater.
Some Thoughtless Waste.
"Of course there is a lot of thought.
less waste in America, but not SO much
as of thoughtless condemnation" Mr.
Hall concluded. And before we UNI
dertake to economize we must deter