The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1919-10-18
new FINANCIAL.
DECALOGUE GIVEN
National Committee of
Bankers Issues 10 Rules
for Frugal Men
NATIONAL THRIFT
WEEK IN JANUARY
Hope to Increase Banking, Insurance,
Ownership of Homes and to Keep
Intelligent Record of Expenditure
-. Among the People of America.

Intelligent Record OF GXpendltureS
I Among the People of America.
/ ST. LOUIS. Oct. 1S-Ten command
ments for the guidance of man 5 f.
nancial life have been drawn up by a !
national committee of bankers and
others to aid in the great drive of 1920
against the cohorts of high cost of liy-
ing.
This decalogue for the frugal man to
stiffen his morale in a battle to save
something from the proftccrs and rent
raisers is part of the program for the
national thrift week to begin January
II next
Plans for rallving the armies of mon
ey savers for the 1920 drive by holding
| this thrift week were approved 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 Gre
dit Men 5 association, National Asso-
citation of Life Insurance Underwriters.
1 National Credit Mems association, the
American Life Convention and other
national bodies
The ten commandments as recon-
mended by Walter ". Head of Omaha,
vice president of the national bank, see
ton of the American Bankers associa-
ton, are
!. Make a budget.
,. Keep an intelligent record of cx-
peRditurcs.
3. Have a bank account
4 Carry life insurance.
3 Make a will.
g. Own your own home eventually.
{. Pay your bills promptly.
t S. Invest in war savings stamps and
other government securities
3. Spend less than YOU earn.
10 Share with others. Thrift with
out beneyolcnce is doubtful blessjn 9.
The eight days of the national thrift
week have been named after some
Il pointar Of tae financial creed as FOL
/ lows:
= Saturday. Jan. IL Bank Day" OF
J = National Thrift Day to emphasize
$ the need for individual thrift and the
service a bank renders a community.
Sunday, Jan. IS" Thrift Sunday
it with sermons in all American pulpit,
on the relation of economic life to re
ligious well being and the need of shar
4 ing with others.
Monday, Jan. 10 National In
/ surance Day" to stress the need o
I protecting one s family.
\ Tuesday, Jan. 20 Own Your Owl
I Home Day" 70 show why it is desir
I allie and how it IS possible to own you
1 own home
1 Wednesday, Jan. Ell" Make a VII
! Day, to urge men to make wills.
/ Thursday, Jan 81 Thrift in n
! dustry Day to advocate factor
4 thrift and co operation between capita
1 and labor
| Friday, Jan. 23-' Family Bulge
1 Day
4 Saturday, Jan. pa Pay Your Bill
- Day.
Supporting this movement in an aG
ii dress to the bankers in their conventio
II here, Arthur NJ. Fast of New York, n;
II tlonal director of the thrift week move
II ment. said:a Financial and industri,
II leaders are interested in the increase
II cost of living because they know thu
II III most eases the bill for the increase
II cost Is handed by the worker to the en-
II ployer for liquidation. The bill fc
II the cost resulting from the ineffieienc
H or the average man and housewife
II tie spending of money and their failui
II to get full value for money received
II also handed 10 the employer for pa,
II ment either in increased demands f,
II wages or in increased dissatisfactic
III and industrial unrest.
So, many employers are LEARNT
. that, aleng with plans for stimulatir
sD ne interest Of the worker in his 10
/ there must go hand in hand with it ;
/ eGucatlon Of employees in fundament
economies and in the use and value
money