Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-09-28


Amercanism by getting into line for the fight, an
for the care of the sick and the wounded.
we'll if this certificate could be redeemed at any time
Coupons good. 4 few Americans have been edu-
Gated through cigar and department store purchase to
save or what seems to them 70 be saving.
3, Make every establishment where many persons
are employed forum for the discussion OF thrift.
4. Instruct employers in the value to them Of hav-
ing their employees and thereby become better
les man, makes OF him a better workman, a better
citizen trustworthy person, increases his self
respect gives to him more of the creature comforts
and the real joys of life and makes him likely to
get promotion and larger wages than the careless or
untrustworthy workman.
All the per cent bonds or AZ per cent bonds or
per cent bonds issued to be issued by the
United States government will not develop the habit
of systematic saving in the American workman un-
less the American banker and the American employer
get down to fundamentals and present the subject to
the workman in way that hits his Imagination in
patriotic way and claims his best effort as man.
In advocating per cent bond for the next gov
issue the bankers and employers b1under
ing egregously they did when they supposed
hip, hip, hurrah campaign Of few weeks going
to- plant the Liberty Loan among American workers
and make it simple matter thereafter to put out
bond issues in the same way which the wageearners
would absorb.
The government has not begun to tap the money
reservoirs of the workers of America.
In 1910 there were more than 3000000 males
gagged in gainful occupations in America. More than
100000 females employed. Today there
probably is total of 100000 persons employed.
In 1910 in manufacturing industries alone there
100000 persons employed.
The Liberty bonds distributed among workers in
America do not reach per of those engaged in
gainful occupations The campaign which Mr. McAdoo
engineered and which volunteers helped in pushing
along missed than IS per cent of the money.
of this land
Why?
Because the persons who directed the campaign did
not know how to handle it. With all due respect to
the earnest gentlemen who gave of their time and
energies so freely and so periodically the job was
botchedy horribly botched. The people who tried to
get the workers to subscribe did not know the Amer
lean workngman Psychology is much abused and
overused word. It may be used here just The
bankers and the employers did not grasp the subject
from the point Of psychology
The government get from labor all the money
that labor should furnish to the government if the
government, the bankers and employers of labor will
present the subject properly to labor and keep teach
ing the lesson to labor until labor learns it. This is
not the task Of week month but of years, posi-
bly, but every week will show progress
This matter Of teaching the people to save is
Of the biggest and most important constructively in
America But for their habits of thrift the French
would have been wiped out economically and nation
ally generations ago. :..#..
The Teuton has been forced to national thrift by the
nation.
The German government compels him to save to
safeguard himself against illness, DEATH old age acct
dent everything If it had been for this compu.
sorry thrift the German would have progressed
so wonderfully in commerce. finance and industry gen.
orally in the half century between 1860 and 1910
The wastes of those who do not not limited
to themselves. The non-savers become burden upon
the workers. The amount of money Americans are
forced to pay out in direct and indirect charity each
year because the of the people have not been
taught to save is colossc.
We outrageousy backward in the lesson Of
thrift In Canada they teach children at school to
save They have banks in most of the schools through
the Dominion.
Workers will save be glad to save if the matter is
presented to them properly. And they'll for the
nation with fervor they will rejoice in manfestng
But the subject must be put before t19 by men who
know what they are talking about and who know the
hearts the minds the doubts the weakness of those
they are talking to-
You cannot teach music to the nation in week or
two and you cannot expec much progress the teach
ers are amateurs and know of the musical art
than the persons they trying to teach The Illus
tration may appear harsh but it is fact that simple
as the subject may seem the problem of presenting
the saving question to the workers of America
to get the best results, the enduring results
to tax the energies Of the best force of
and statesmen ever organized in America
But the results to be achieved glorious.
Why not go at this mighty constructive work in a
good, workma1lke manner? We have a better oppor-
tunity to reach the heart of the people than
ever had before or probably will have again.
Don't think for one moment the is going to end
financial problems. We going to have our
troubles later unless our national sin
Of extravaganza. 1t be overcome only by teach
ing thrift to the American worker There is the core
of great machine for thrift in the Liberty Bond
Interest of 81 per cent compounded semiannually
is fine, high rate for a cat government-the rich
est in the world, to pay. 1t should pay higher
Wage-earners do not buy government bonds to col
lect semfannual dividends. What is the semiannual
interest $50 bond? Just S714 cents.
Is it possible that the great bankers the great en-
ployers and the gentlemen the treasury department
of the United States cannot the government bond
question the wageearner sees it? Is it possible
they have not called in the specialists in thrift-the
great students of the pension field of the savings
banks of the insurance companies?
Is Il possible thar they think they the wage
earuers OF America to oVeCcome the habits of a life
time and become tn fifty bend buying people just be-
cause Washington cffo bonds to hem and the bank
and the employers say take it?"
We shouldn't be shocked about what Mr.. Wander
lip termed US.