Five Mile Beach weekly journal., 1919-10-10
HIGH WAGE A SNARE
WITHOUT SAVINGS
Governor PdssmOre RegrOups
Sd Federal District to Pro-
mote Greater Thrift

To give additional effectiveness to
the national thrift movement in the
Third Federal Reserve District a re-
grouping Of the Pennsylvania, New
Jersey and Delaware counties has
been arranged by Governor L. Pussy
Passmore. The work of building up
the peoples savings for the material
benefit Of the community is now being
directed through four administrative
groups with central chairmen in
charge of the movement in each group.
Three groups are composed of the
Pennsylvania counties, and the fourth
comprises seventeen New Jersey
counties and all of Delaware. The
Pennsylvania groups are: No. In
Guiding Adams, York, Lancaster,
Chester, Delaware, Montgomery,
Bucks, Lebanon, Berks, Lehigh,
Northampton, ~Schuylkill, Carbon, Mon
roe, Pike and Wayne counties. with
]. n. Schroeder, Lancaster, group
chairman. No. 2-Fulton, Franklin,
Cumberland, Perry. Juniata, Dauphin,
Snyder, Northumberland, Montour,
Columbia, Luzerne, Wyoming. Lacka-
wanna, Sullivan, Bradford and Sus-
quehanna counties, with George e.
Lloyd. Carlisle, group chairman. No.
3-Bedford, Cambria, Blair, Hunting
don, Mifnin, Clearield, Centre, Gin
ton, Lycoming, Union, Tioga, Potter,
Mexican, Elk and Cameron counties,
w. Harrison Walker, Bellefonte,
group chairman. New Jersey and
Delaware are under the chairman
ships of Athol v. Wise, Philadelphia.
Women associate chairmen and
county chairmen complete the organl-
zation which is carrying the message
Of thrift into the homes and keeping
it constantly before the people.
In re-grouping the district Governor
Passmore emphasized that the present
work OF the Val Savings Division
bids fair to be of greater usefulness
in the country than the important
service it conducted during the war.
"Those who have closely studied the
economic situation agree" said Gov
ernor Passmore, shat the remedies
for existing intolerable conditions are
increased essential production and
greater national savings. High wages
without increased savings are a will o.
the wisp to lead the people into still
deeper sloughs Of waste, extravaganza
and financial instability.
at is in materially increasing the
per capita money holdings of the peo-
Pile that the War Savings Division has
a really tremendous opportunity to
serve. Secretary Glass has sounded
a call for the exercise of the utmost
vigor in pushing the Savings Move
ment. feel safe in predicting that
the Third Federal Reserve District
| will respond TO that call in the same
/ spirit and with the same effectiveness
that it has shown Upon every occa-
sion when national welfare required
to be advanced.
'It is our intention to comply fully
with the order of Secretary Glass to
stimulate the sale Of Thrift and Saw
ings Stamps and Treasury Savings
Certificates, in every sensible and le-
Ultimate way.
The savings movement is mol q
government campaign for funds. It
is a peoples movement to build up
financial strength Of the people and
for the people and in furtherance of
the greatest possible national eco
nomic stability.
"Realizing that the American peo-
pie are quick to support a movement
for their benefit when it is properly
and intelligently laid before them. let
us with renewed vim and enthusiasm
go about our work of plotting the ma
ton from disaster to financial security
through the safe channel Of national
savings"