The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1919-10-25
10 COMMANDMENTS
FOR THRIFT week
FINANCIAL AND INDIVIDUAL
LEADERS APPROVE PLANS
FOR SAVING

ST. LOUIS, Oct. 1S.-Ten COM
mandments for the guidance of a
mans financial life have been drawn
up by a national committee of bank
ers and others to aid in the great
drive of 1920 against the cohorts of
high cost of living.
This decalogue for the frugal man
to stiffen his morale in a battle to
save something from the profiteers
and rent raisers is part of the pro-
gram for the National Thrift Week
to begin January II next.
Plans for rallying the armies of
money savers for the 1920 drive
by holding this thrift week were ap-
proved by the American Bankers
association in its recent convention
in this city. The idea already had
the endorsement of the United
States League OF Building and Loan
association, National Federation of
Construction Industries, Retail
Credit Mems association, National
Association of Life Insurance I'm
derwriters, National Credit Mems
association, the American Life con
vention and other national bodies.
The ten commandments as rec
commended by Walter w. Head. of
Omaha. vice president of the Ma
ti1nsI bank section of ths Ameri-
can Bankers association, are:
1. Make a budget.
2. Keep an intelligent record of
expenditures.
3. Have a bank account.
A. Carry life insurance.
5. Make a will.
6. Own your own home eventu-
ally.
7. Pay your bills promptly.
8. Invest in war savings stamps
and other government securities.
9. Spend less than you earn.
10. Share with others. Thrift
without benevolence is a doubtful
blessing.
The eight days of the National
thrift week have been named after
some points of the financial creed
as follows:
Saturday, Jan. 17.-"Bank Day."
or National Thrift Day." to empha-
size the need for individual thrift
and the service a bank renders a
community.
Sunday, Jan. 1S.-"Thrift Sun
day. with sermons in all American
)pulpits on the relation of economic
life to religious well being and the
need of sharing with others.
Monday, Jan. 19.-'National In
surance Day." to show why it is de-
sirable and how it is possible to
own your W home.
Wednesday, Jan. 21.-"Make a
Will Day." to urge men to make
wills.
Thursday, Jan. 22.-"Thrift in
Industry Day." to advocate factory
thrift and cooperation between cap
ital and labor.
Friday, Jan. 23.-"Family Budget
Day."
Saturday, Jan. 24.-"Pay Your
Bills Day"
Supporting this movement in an
address to the bankers in their con-
vention here. Arthur NJ. East, of
New York, national director of the
thrift week movement, said: Ell
nancial and industrial leaders are
interested in the increased cost of
living because they know that in
most cases the bill for the increased
cost is handed by the worker to the
employer for liquidation. The bill
for the cost resulting from the in
efficiency of the average man and
housewife in the spending of money
and their failure to get full value
for money received is also handed
to the employer for payment either
in increased demands for wages or
in increased dissatisfaction and in
dustrial unrest.
$50, mahy employers are learn
ing that, along with plans for slim
ulating the interest of the worker
in his job, there must go hand in
hand with it an education of en-
ployes in fundamental economies
and in the use and value of money
--O--
spARTICYSTS BEING TRIED