Every evening, Wilmington daily commercial., 1919-01-31
Cash Philosophy
BY Frederic ]. Haskin

Before you spend that dollar stop and
| think. Are you going to get for il dol
| iar worm oi anything you really want?
Likewise, before you put that dollar
away IN savings bank pause and CON
| sIder. Are you really saving il for a good
purpose, or merely following blind in
| atinct to horde as n crow collects bright
pebbles and bits Of glass? How Iong is
That dollar going to stny in prison. and
what rs u going TO, and how much is IL
going To be worth when il gcts out?
Yet again, If you adopt the third al
Tentative, and invest your beloved buck
70 first TO n quiet place and think for
long time. Also seek the advice az vyiac
men. Is this proposed investment really
an investment I'm the literal sense sg tho
term, or is it just gamble, similar to
poker but less fun? Are y0u planting
your little Simoleon in happy environ
rnent, where he will grow and beget other
little Simoeons, or are You apprenticinp
him to some hard taskmaster. who will
work him To death ard return him to YOU
a mere shadow Of bis former self If in
deed he ever returns at all2
rEw or THE QUERIES.
These arc Some of the questions freely
lnterpreted) which the ncwly-created
savings division of the United States
Treasury Department isasking the citizers
of the United States. II is true that this
division has been created mainly 10 en-
courage thrift in this country, to the end
that the people may have more money to
invest IN government securities. For
billions of dollars worth Of government
securities have got To be hoatcd f the
government Is going To provide soldiers
4..ff h faftssc npI knt . -.
and patch mp the transportation system,
and feed few starving European ma
tons, and meet all the other obligations
which have come with peace, and arc not
bit lighter than the obligations which
war roiirht
But the savings division If going M
tins task IN broad-rninded way. Harold
Braddock, chief Of the division, and his
associates realize that thrift is much more
than the blind accumulation Of money.
Thrift, IN its best and truest sense. il a
philosophy OF money The truly thrifty
are not afraid of money, nor vet DO they
desptsc II. They understand If. They
know both its value and how 10 use If
Therefore, they always have sorne.
TO inculcate such n philosophy Of
money Is the purpose Of the new savings
division. These prophets of thrifty
America are out to oppose the cxtrava-
Rance for which America IL famous but
they are cflnally opposed to the seneeless
and purposoiess saving which gocs on in
America. as II does everywhere else in
fhe world Il Won arc saving money that
YOU might otherwise use for food clothes
Or recreation that Won or yrilr family
really need, then take that money ont II
the bank and spend H. ven. even though
Tntubf r+ bnrrxrfrg, h.,-t "a.
with i
INTELLIGENT THRIFT
Intelligent saving is the KIND that the
Savings division wants 10 encourage III
intelligent saving they ~, depends Iarp, /
il upon two other things 81 sncrain
and safe Investment These arc he thr .
chlci articles IN the new national phil0so- /
ply of thrift. The new thrift nrorno.ers |
are gong 70 teach them by every possible |
means Of publicity, and always thew will |
keep the thrifty citizen reminded that |
ITS government needs some Of that money
which he saves, and that it offers the
safest Of all safe investments.
Bcnlanin Franklin mas bean arnro- +
prlateiy chosen as the symbol Of this new
movement Ills shrewd and hornaI, I
vlsage will appear on all the thrift stamps
and all the thrift literature. Other .great
American savers viii also be brought to
the attention Of q respectful public Lin
coin among them, and it j, probable mat
We Will learn much about the financial
habits Of the great from this new bureau
but franklin Will always Be held up 4. the +
original and greatest economical Arn4ri-
'an. franklin knew the value ot money
and he was no. too proud 10 ec0nonize I
Every school boy knows how he plodded
MO Philadelphia with a loaf of bread i