The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1919-02-06
THRIFT MUST
FINISH WORK
YANKS BEGAN
Finances for Rehabilitation of
America Must Come from
Savings of People
CAMPAIGN OF EDUCATION
American Citizens to Be Taught
One Great National Vir.
tue They Lack

tue They Lack
Thrift must finish the work so well
negun by the Yanks over there.
Thrift must make America a nation
sufficient unto ITSELF
Thrift, by creating new capital here
at home, must replace the millions
which we have annually drawn from
the old world, world which now has
no funds for foreign Investment
Thrift must be established as the
newest and the best of national vir-
tues.
These are some of the points which
Dr. George N. Bauer, professor Of
mathematics at the University OF
Minnesota, now serving as vice d.
rector of the Ninth district war saw
ings division of the national war loan
organization, pressed home in address
es delivered Wednesday before each
house of the general assembly and to
county chafrmen representing the War
Savings organization Of the south
western district of North Dakota.
He also spoke at luncheon at the
Grand Pacific Wednesday evening.
Campaign Of Education.
The war savings organization has
undertaken campaign OF education.
1t hopes to inculcate in the American
people one sterling quality which
they have lacked-thrift. 1t hopes to
breed new generation in whose cos
mos thrift will form vital cOmpO-
nent. 1t hopes to pave the way fora
permanent and systematic savings
which will enable America in the fu-
ture to stand on its own feet, to H.
nance its own railways and industrial
projects, buy its own government ana
commercial bonds. It is looking to
the day when America can sign new
cially, commercially and industrially.
He Tells Some Stories. .as
In addressing the legislature DR..
Bauer told some pat stories. One was
of two boys. with equal educational
advantages, one endowed with many
acres OF fertile land, and other per-.
niless, but blessed with habits o.
thrift. He told how The one gradual
slyi lost his character, with the fortune
which had come to him an" how the
other while building up :; fortune
through thrift at the same time built
up a strong character which made
him man among men. # t'1s E@
He declared the call for patriotism
today greater than at any time during
the war.
When the war was upon US our emo
tions were fed daily by news rr I'M the
front, by farewells to- departing sol.
dier boys, by heroic deeds performed
by them across the seas. We were al
the peak, standing on the heights.
Now we have none Of that excitement,
none of the emotional appeals to the
senses, only strong, firm demand
for steady, sane, constructive patriot
ISM, " l".. .. -t,
We Must Vet Pay.
The war is won, but it's cost is not
paid America is now spending two
billions month. DR.. Bauer endeav-
ored to impress upon his hearers the
magnitude of this sum by stating that
if string Of box cars Oaded to capa.
city with tw0-dollar wheat were to
be stretched from the Pacific to the
Atlantic it would represent in money
value but !. one billion dollars, and
Uncle Sam is paying out twice that
sum every month.
This stupendous expenditure must
be financed by the people here at
home Uncle Sam must have money
to pay his own bills and to loan the
crippled nations of the old world to-
enable them to pay theirs. He must
finance starving Europe in order that
it may buy our wheat. The money
saved at home and loaned abroad will
return to us in payment for our pro.
duce and our manufactured articles.
It will act as stabilizer on the price
of wheat and other food stuffs, on the
high standard of wages established
during the war.
What Thrift viii DO.
The speaker told of many things
which may be accomplished through
systematic savings; Of the ease with
which families in poor circumstances
may lay aside small sum each year
to provide for the education Of their
children; or to acquire q home. The
business man who saves $1,000 per
annum through additional thrift can
hire with that amount $4,000 of cap
ital to work for him whole year.
He spoke of the national develop
ment which will follow greater thrift,
of the expansion which will be pos
sible here at home, in North Dakota,
whose bond issues must be bought
largely by it's own. people, because
the capital OF other states is being
employed at home. He declared that |
he had recently heard an address by
a Oroat man whn classed tho humble |