South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-10-19
Ne W DECALOGUE
To TEACH THRIFT
FOR INDIVIDUALS
Bankers Plan Week in Jan
uary to Teach Value and
Use of Money.

St Louis oct. ls--Ten COM
mandments for the guidance Of a
mans financial life have been drawn
up BY a national committee Of bank
prs and others TO aid in the great
drive OF 1920 against the cohorts Of
high cost OF living
This decalOgue for the fruga man
Co stiffen his morale in battle to
save something from the proteers
and rent raisers is part OF the pro
pram for the National Thrift week
% begin Jan. Il. next
Plans for rsllying the armies Of
money savers for the 1920 drive by
holding this thrift week We're ap-
proved by the American Bankers
association in its recent convention
in this city. The idea already had
the endorsement of the United
states League Of Building and Loan
association. National Federation OF
CONSTRUCTION Industries, Retail
Credit Mems association. National
Association OF Life Insurance Tn
de-writers, National Credit Mems
association. the American Life Con-
hEMNANu anu UAllEt AAaAAuliAA N0AANE+
The Ten Commandments.
The 10 commandments as recon
mended by Walter ". Head Of
Omaha. vice president Of the ma
tional bank section OF the American
bankers association, are:
Make a budget
Keep an intelligent record of
expenditures
3-Have bank account.
Garry life insurance.
Make a will
Own your own home eventual
~
Pay your bills promptly
S-Invest in war savings stamps
and other government securities.
Spend less than you earn.
10-Share with other Thrift
without benevolence is a doubtful
blessing
Name Days for Points.
The eight days OF the National
Thrift week have been named after
some points OF the financial creed
as follows:
saturday Jan. 17-"Bank Day"
of National Thrift Day" TO empha-
size the need for individual thrift
and the service a bank renders a
community
Sunday Jan. IS-"Thrift sun
day" with sermons I'm all American
pulpits on the relation OF economic
life TO religious well being and the
need OF sharing with others
Monday. Jan. National In
surance Day" TO stress the need of
protecting ones family
Tuesday. Jan 20-"Own Your
own Home Day" 20 show why il is
desirable and how il is possible TO
own your own home.
"Wednesday. Jan. 21-"Make a
VIII Day" to urge men to make
wills
Thursday. Jan. 22-"Thrift in In
dustry DAY" To advocate factory
thrift and cooperation between ca
sdtal and labor.
Friday, Jan. e2-"Famfy Budget
Day."
saturday Jan 24-"Pay Your
BUs Day"
How Employers Are Affected.
Supporting this movement in ad-
dress TO the bankers in their CON
Nention here. Arthur n. East OF New
York. national director OF the thrift
week movement, said. Financial
industrial leaders are interested in
the increased cost of living because
they know that tn most cases the
bill for the increased cost is handed
hv the worker 20 the employer for
liquidation. The bill for the cost
resulting from the inefhciency OF the
average man and housewife in the
spending OF money and their fail
IRE To get full value for money re-
Ceived is also handed Go the employ
o. for payment either i'm increased
demands FOR wages or in increased
dissatisfaction and Industrial uu-
rest
So. many employers are learning
that along with plans for stimulat-
ing the interest OF the worker in his
Job there must 20 hand in hand
with it an education of employees in
Fundamental economics and in the
use and value OF money