The Fayette falcon. (Somerville, Tenn.) 190?-current, 1919-04-18
GREAT WAR TAUGHT ECONOMY
Millions of Men, Women and Children.
Proudly Responded to Urgent Ap-
peal to Give and Help Win.

National Bank of Chicago.
by tradition and training Americans
possess, 10 marked degree. those
qualities that hi them for the larger
relationships that are bound to grOw
out OF the sacrifices and achievements
or the great war. Our mixture OF citi.
zenry and ancestry makes Il very ".
tai. In this time of looking forward 20
greater America, that we should.
study American history. learn 20 re-
we're American Institutions and strive
TO discover and attain Americas
Ideals. These have made us great
guided our matchless progress In the
past; these will lead US into a more.
glorious future.
From the experience Of the pasf
four years, FIRST as OnlOokers and La
ter as participants, we have gained n
more intimate knowledge Of the Oua-
side world, knowledge that viii be 81
inestlmable value In our foreign reln-
lions. commercially, financially ana
automatically. We hove also been gea-
ting a much clearer understanding OF
our own responsibilities to each other.
There are some specific require
ments that must not be overlooked In
our preparation for marching in thu
front rank of nations. Industry.
thrift. the relationship of capital and
labor TO the general welfare, and u
nanclal power come within this clnssi-
ication.
Fired by ambition born of equal OPP
pOrtunity that exists TO 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 to go backwards
Habits of industry and thrift ara
the two great essentials to success-
Extravaganza has been one OF our out
standing characteristics and u has
cost US much; II has robbed us OF the
real fruits Of prcdigious production,
for in the seasons of abundance we
have squandered that which should
have been saved for the hour OF adj
verslty.
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 build ships on an unprece-
denied scale. II did not have the MON
ey with which to do all this. IL APP
pealed to the people to save their mon
ey and buy Liberty bonds and War
Savings stamps, and millions Of men-.
women and children who had never
known the importance of economy and
of investments became savers and.
bond buyers.
Patriotism, as well as seif-interest.-
prompted us to buy bonds wstfe war
was being waged. The patriotic duty
to buy government bonds Is no less
now, for our soldiers must be cared
for until rehabilitation Is complete
and they are again back In their ola
places ON farms, in the factories aDsf
other places of employment. The
of self-interest are greater
now, because the treaty Of peace Is be-
ing worked out; we are gradually re-
turning to normal basis. ana we
know that Liberty bonds will sell at
or above par within reasonable
time.
Development and expansion mean
general prosperity and employment for
everybody, but we cannot continue
even normal development Of our great
resources and expansion of our busa-
ness, as we should, without new caps-
tai, and new capital for these pur-
poses must come from the savings CT
he people. Therefore we are all vi
tally interested in the practice or
now, although the war 10
over.
Capital and Labor.
The relationship between capitas
and labor Is one of the big problems.
because these are the two main funtia-
nentals OF modern life. Capital iE
useless without labor. and labor can-
not find employment In our complex
civilization unless somebody risks
,apltal In the business Of farming
mining, manufacturing. constructors
md transportation. The banker aBfa
every other man with an unbiased
Tiew OF the whole situation hopes for
between these two nee-
sssary elements. Fair adjustment In
needed here II anywhere. Labor
should have Its just reward. capitzs
should receive such compensation %
viii encourage Its use In industry.
No country. however fortunate In
,ther respects. can continue prosper
,us at home or be n great factor In In
trade without safe bank-
ng and currency system
Our Financial Resources
We bold s3,OO0.0Oo,0O0 Of god mr.
his country. which Is onethird of the
worlds supply. Our government has
0aned the allied governments over