The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-12-13
THRIFT WEEK IS
TO BEGIN JAN. Il
PEOPLE EVERYWHERE WILL BE
REMINDED HOW THEY CAN
HELP GOOD GOVERNMENT.
TEN MONEY COMMANDMENTS
Treasury Officials Say That Despite
Much Reckless Spending, Americans
A~e Paying More Attention To saw
inc Than Ever Before.
BY JAMES p. HoRNkDAY.

The department Of the treasury says
/ that the people of the United States
are making use Of the lessons in saving
! they learned durin" the world war.
| The department points out that there
are, Of course. great many persons
| who are spending money reckieSSlN'
| but all the information on the subject
| Of saving that is coming TO the depart
mcnt indicates that the great masses
/ of the people are paying more htleh-
| ton to saving than ever before. Inc
| treasury department is undoubtedly
good authority on this subject for the
savings division, which was established
within the department during tie war
has been made permanent ana IS one
Of the active divisions.
The thought behind the act Of max
ing this division permanent was that
the government should alwayS be pre-
pared 20 lead the people along s"uhh
financial paths. II Is Il work in when
the people everywhere have co-operat-
ed in a most enthusiastic way. Be
hind the activity of the savings divis-
ion there is the further thought thar
the condition of the individual Is I'M
proved through the observance or
sound financial rules and the hnanclal
and industrial strength Of the nation
increases through the enormous sums
Of capital which accrue through the
practice Of steady saving and safe in
vestmentS on the part of citizens.
In order to help along this savings
e. idea the government has designated
the week beginning January Il, 1870,
no national thrift week. 1t is proposed
during that week to remind the people
everywhere through public meetings
and appropriate speeches that the
cause of good citizenship and good
government can be helped along by
everybody who has money TO spare
buying War Savings stamps or deposit
ing money in savings banks.
What We Saved During War.
II does not seem to be generally
known that while the country was buy
ing S2O.OOO.0O0.000 worth of Liberty
bonds, its citizens put away more than
81 600 100000 in War Savings stamps,
and that during the war period saw
ings bank deposits in the United States
increased some $S,O00O00,000.
1t is expected that out OF Thrift
week there will grow a general cam
paign in the interest of careful saving
. and wise spending. Attorney General
Palmer. who has been wrestling with
!, the high cost of living since last Au
gust without being able to beat the
cost down to any considerable extent
is advocating the doctrine of careful
saving and wise buying as probabl!
the only real remedy for the high cost
l of living trouble A good many WON
: ems organizations throughout the
Z country have indicated that they arr
/ willing to enlist in the campaign alon:
! the lines proposed by the attorney gen
), eral.
In connection with the plans fol
!, Thrift week it has been proposed b,
the treasury department that thu
" speakers who go out that week dwell
on the following ten commandment
for the guidance of those who are try
ing to administer their incomes care
l. fully: Make n budget, keep an intel
$ ligent record of expenditures, have
:. bank account, carry life insurance
y make will, own your own hom
eventually, pay your bills promptly
r invest in War Savings stamps an
: other government securities, spend les
l. than you earn, share with others a
t, much as possible.
8 More Stamps and Certificates.
The treasury department says tina
J. savings stamps and treasury saving
= certificates will be available again mex
l. year at banks and post offices. 1t
h not the expectation of the treasury de
partment that the government wi
, have to make another bond sale {
meet the expenditures incurred durin
- the war, but in order to make bot
a ends meet II will be necessary to Sc
: both savings stamps and treasury say
ings certificates. The treasury depar
ment also points out that people VIII
prefer to invest their savings
Liberty bonds can always purchas
ID them through any banking institutio
j. at the current market prices.
n The treasury department is anxiou
to have the holders of bonds of tn
second Liberty loan understand this
1t those bonds are convertible into Il
De per cent bonds as well as eXchangeabl
s, into permanent bonds, and that tn
treasury has already prescribed re,
, ulatiOns calculated to provide for bot
- exchanges and conversions with III
IN minimum of inconvenience and e,
pense TO both the government and ii
bond holders. Under these regulation
there will be no exchanges of temp,
rary for permanent bonds until Marc
V II, 1920.
II, New Year TO Bring Out Candidates
v The first day of January ne.
= will mark the beginning of Il
ID preliminaries that will eventuate
o., the election of a president and vi,
= president Of the United States in n
vember, 1920. On that day preSide
tial aspirants must make known the
Homemade Water Filter.
To make cheap water filter, tai