The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1919-05-24
GREAT WI TAUGHT ECONOMY
Millions ofben, Women and Children
Proudly aeponded to Urgent APP
oeai neIVe and Help Win. -

Proudly Hponded TO Urgent APP
neal neiye and Help Win. -
y
gv ceoaGE NJ. REYNOLDS,
President. rnsinentsI & Commercial
NatissI Bank Of Chicago.
By ira dibsu and training Americans
possess. q uarFet degree, those
relation hips hat are bound to grow
out Of The scrifceS and acliol elnents
Of the 9redg ar Our mixture Of citi-
zeury md sncestry makes il very vi
tai. in his III Of looking forward TO
grearer AMERICA, that W should
study Amedcaa history, learn To re-
vare 3,neric Institutions and strive
"a d,~cora end attain American
idaaI. Tbes@ have made Us great,
or,fda1 our a-eA,eSS progress in the
uaer these vii lead u into a more
glorious fBtr {
From the experience Of the past
four ears. iir>' as ouiooker- and la
tar Is nartit laa->. We have gained a
more intims' hn9"!etge Of Tie out
SIDE world,s n1"!ed-e that w.ll be Of
ipe.,- ,oabIe yalle ia our foreign rela-
tion, CONF rs ally financially and
diplo-aatiesD We hove also been get
tjnc much clearer understanding OF
our owu res lbii.tIes 10 each other.
There ne some specific require
menrs that mast not be overlooked in
orr nrepsrst ton for marching in the
from, rank Of nations. Industry.
thrift. the relationship of capital and
labor to the general welfare, and f.
nancial power come within this classt
fcatio
Fired By ambition born Of equal OPP
nortunity that exists 10 a greater de
gree here than anywhere else. we have
ALWAYS been an industrious people.
and when we cease TO be Industrious
we shall begin 10 30 backwards.
Habits Of industry and thrift arc
| .ha two great essentials To success.
Eyrravaganee has been one Of our out
standing characteristics and it has
cosr US much: il has robbed US of The
real fruits o p-cdigous production,
for IN the seasons Of abundance we
have squanlered that which should
lave been saved for the hour Of ad-
versity.
War Has Taught Economy.
One of the lessons taught by the
was was economy. The government
needed all kinds Of supplies, expensive
munitions, and millions Of men who
had to be- FED and clothed II was
forced to bui}d ships on an unprece-
dented scale. II did not have the mon
~ with which to do all this. II APP
l,ealed TO the people to save their mon
ev and buy Liberty bonds and War
Savings stamps, and millions OF men,
women and children who had never
known the importance Of economy ana
Of investments became savers ana
bond buyers.
Patriotism, as well as self-interest'
prompted Us 10 buy bonds VETO "ai
was being waged. The patriotic DUTY
TO buy government bonds Is no less
now for our soldiers must be careo
for until rehabilitation Is complete
and they are again back in their oie
places on farms, in the factories an'
other places Of employment. Inc
nrornnfings Of self-interest are greater
now. because the treaty Of peace u NC
, inp worked out: we are gradually re
turning 70 q normal basis ana w
, know that Liberty bonds will sell d
. or aboye par within a reasonaoi
| time.
DEVELOPMENT and expansion mean
, general prosperity and employment ~
! eyerybo6v but we cannot cohhhu
even normal development Of our grea
; resources and expansion OF our pue
I ness as We should without new cap
, tai and Lew capital for these Pun
q nosas ms come from the savings .
tho noo,la Therefore we are al
e tally interested in the pracuce
ECONOMY now, although the war
I over.
5 Capital and Labor.
!. The relationship between capi'
and labor is one of the big problem
because these are the two main funo
mentals Of modern life. Capltai
). useless without labor. and labor Ca
. not find employment in our coihpl'
Civilization unless SOMEBODY I'D
:, capital IN the business OF larniii'
;. mining. manufacturing. cohstrue.n
= and transportation. The banker a
;, every other man with an unblas
= view Of the whole situation hopes
> cooperation between these two n
essary elements. Fair ad)ust"eh,
needed here II anywhere an
he should have It's Just reward capi