South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-06-27
Other Editors Than Ours
THRIFT WITH \ PURPOSE.

BY Charles f speare. New York Evening MaiI)
Thrift is a means to a commendable end. Least OF
all countries nutured in the United States
Because of war now beginning to cultivate a
ma bit that has generations the most con-
spcuous in national life and recently had
been implanted the mind of the Italian peasant The
prominent apostles of thrift in America have been
the aliens whose savings and remittances during the
past Is years have averaged much as s25O,0OOCOO
per
The present incentive for thrift is means for Sue
cessf1lly ending the Back the purchase of
War Savings stamps the major element OF patriotism
the giving of the smallest mite to establish democ
enough to be within the means OF all The idea Of II
i 20 reacb all The campaign begins with the child
and works upward This is the true and only lasting
foundation in which to build the structure of national
thrift.
Coupled with patriotism in the incentive to thrift
it is well to have a purpose BY this is meant an
objective for the capital accumulated through thrift
This makes the saving easier 1t also gives it more
consistency and develops greater Persistency-
Go back TO the child, say. a good, healthy minded
robust boy 3. lie is of family in
modest circumstances. Apparently his chances for
more than high-schoo education limited Be
tween him and the college period five or six years
Any boy of this age who is physically able can in
these from $1oo to $50 year and not
neglect his school work. With each years added
strength and judgment his earning power becomes
cumulative. is like the interest the War Savings
stamps which his earnings buy In 1928 the war
Savings stamps will mature and those boys with the
patriotic impulse plus the definite educational purpose
who have begun to buy them will have substantial
fund 10 pay good part their tuition.
The applies the girl, for whom avenues of
employment open large scale.
The parent who is able ought 10 be willing and
help his child part way the rough spots
of the future every dollar by the
and invested in War Savings stamps educational
fund give another dollar a portion of a dollar.
This would in itself excite a spirit OF competition and
provide that incentive necessary TO carry every pro-
gram along without tagging.
Now go on further the spend thrift age, which
comes the young has reached his majority.
Money this time has less value than in other
period Of life especially when the spender has
been a And where he he. too
Ofti. had disposition TO and incentive.
day this fact will be regretfully faced when for
instance he wishes marry a
The home owning incentive therefore may well be
al impulse supplement the patriotic motive behind
immediate investment in War Savings stamps. He is
pretty poor workman who not in these days save
limit OF individuals holdings in such stamps
viz 000 from his earnings every two three years
There dozens OF incentives that may be called
up accelerate the War Savings stamp buying habit
one is that OF travel With limited few, perhaps
this or the strongest of passions With il
is unqualified passion. IN instances because
OF reckless squsnderng OF earnings things
seeing the world aspects after the war
III VIII be easier then than foreign
and probably the rates viii be lower than in the
pre-wsr period f"r those who willing TO accept
the more moderate accommodations.
many investments pay larger dividend for life
than those placed in discriminating Journeys about
the world. The school-teacher. the minister the
Journalist. the business all should now be put
ting aside fund equip them for visit after
20 those countries whose peoples and
proportion the children the young snd'youne
women. the middlesged. and their elders ap-
thrift and practice motives patriot
ism and for its legitimate compensstions