Ashland tidings. [volume] (Ashland, Or.) 1876-1919, 1918-08-01
Thrift Must Govern
Successful End ofWar

1 - ~ -S~oN-
the war lasts. the more strongly viii
the fact be brought out that the
?. setiee Of thrift in America must
u uniyerssl-thzt the sacrifices OF
the rich muzt be as great as those
Ct the poor" declared s. W. straus,
president Of the American Society for
Thrift, in q statement Issued today.
True democracy in nation ex-
lists only when It Is general and
there is no democracy without uni
yerEal thrift We are fighting this
var for the democracy Of statesman
chip, the democracy Of business and
tne democracy Of politics We must
fight 1t democrsticsIly. Each mus.
30 his share, not alone in the terms
Of dollars and cents. but in personal
gacrificos and self-denial, as well
Within 60 days cur government
viii ask the people Of the country fo-
loan Of possibly s7,OOO,OOO,Ooo. II
70 analyze tic statistics Of our war
finances, we will see that this new
Liberty loan TO be brought out IN
the early fall VIII require create.
practice Of thrift from all; but more
especially from those gho are in
position to purchase large amounts
cf these securities.
"Ou- three Liberty loans, amount
ing to about $4,000, 900, 600, nave
been subscribed to by approximately
1900 900 Americans Thrift stamps
arc being sold at the rate CT 2j0.-
100000 a week, or more than g.,
500, 900, 900 a year When we con-
g.der these monumental figures I'm
addition to which we must remem-
Der the various taxes and the ey-
Ccssiyely high prices Of all commodi-
ties In life. we made a glorious pic
ture Of the thrift and patriotism Cf
the American people. It Is LARGELY
through the practice Of thrift that
those at home during the war arc
able to demonstrate their iatense de-
votiCn to the cause for which our
boys, with marvellous yalor and bril-
liant military pertinent. are
achieving victories on the hattie
field.
In floating the next issue of Lib
c-ty bonds, which will be as large
os the last two loans combined. it
is apparent therefore that greater
financial sacrifices must he faced by
wealthy individuals and large busl- !
ness corporations. We must learn,
in this country, the democracy Of |
great wealth. Thrift must supplant |
the luXuries OF the rich just as 1t Is
2uoplanting the thrftlessncss of the /
roor. The autoc.acy Of mcdieyalism /
must be crushed by the democracy
OF the goth century, moving forward
N solid 9halaDX. The thrift Of war
time Is the thrift which means, |
America first.
"hll matters of personal consider
alton are nconsequential. Personal !
Injuries end the m1nifold convent.
ences Of peace days must he laid on
the altar Of patriotism. This does
not mean that business should he
ruthlessly and blindlr curtailed. The
great masses OF our people. those
mighty millions who, in the face of
many prlvations, are buying Liberty
honds and thrift stamps with dollars
and pennies that come from the bot
tom Of their pockets must be given
that will enable them
10 continue loyal in the support of
the government in its war financing.
They must he given their chance to
continue to practice thrift, and with
'ust pride, become a tremendous fac
to- In this worldwide fight for hu-
nan liberty.
Recent events have demonstrated
Lhc tremendous potential financial
'trength of America. 4 year and
quarter of warfare, with its prodigi-
)ns expenses, finds us still a giant
)f financial power. Tremendous
'lctations launched by our large cor
)orations have been snatched M
aith an ayid.ty that reveals the al
nest llmitlegs monetary resources of
'merica
Since the beginning of the war.
5cre has been every indication that
Imong all Americans there is the
anne willingness to give their last I
IoIlar, their last ounce of strength.
heir last drop OF blood, If need be.
or our beloved country. We dem {
here, the truth of the ideals :
or which we are fighting--that t
amocracy means universal self-de- |
lal as well as universal freedom.
Let every employer, every group :
I men who have the control o. '
lree finances in their hands take &
ONE personally the significant les ]
on OF democracy. America has t
lrned the tide OF war. Our fnrces L