The Bemidji daily pioneer., 1919-11-11
Drawn by National Committee
for 1920 Drive Against High
Living Costs.
Make A ABUDGET, COMES FIRST
Keep Tab on Expenditures Have
Bank Account, Spend Less Than
You Earn, Are Other Com
mandments.

A~~S
the cohorts Of high cost Of living.
This decalogue for the frugal man
to stiffen his morale In battle to save
something from the prof1teers and rent
raisers is part Of the program for the
National Thrift week. to begin Janu-
ary II next. -.
Plans for rallying the armies OF
money savers for the 1920 drive BY
holding this Thrift week were ap-
proved by the American Bank
ers' association in its recent conven-
ton III this city. The Nea already
had the Endorsement Of the United
States League Of Building and Loan
Associations, National Federation OF
Construction Industries. Retail Cred-
r. Mems association. National Assod-
alton of Life Insurance Underwriters,
National Credit Mems association, tho
American LIE convention. and other
national bodies.
~Aaaks 4 Budget" One Commandment.
The ten commandments as recon-
4mended BY Walter W. Head Of Omaha
vice president Of the National bank
lection Of the American Bankers as-
sociation, are:
1. Make q budget.
Z. Keep an intelligent record Of e1-
penditures.
8. Have q bank account.
4. Garry life insurance.
8. Make a will.
6. Own your home eventually.
Z. Pay your bills promptly.
8. Invest in War Savings stamps
and other government securities.
9. Spend less than you earn.
10. Share with others. Thrift with
out benevolence is doubtful blessing.
The eight days of the National
Thrift week have been named after
some points Of the financial creed, as
follows:
Saturday, January 17-"Bank day.
or "National Thrift day." to empha-
size the need for individual thrift and
the service bank renders a COM
munity.
Sunday, January 18-"Thrift Sun
day." with sermons in all American
pulpits on the relation Of economic
life to religious well-being and the
need Of sharing with others.
Monday, January 19-"National In
surance day." to stress the need Of
protecting ones family.
Tuesday, January 20-"Own Your
Home day." to show why It is desira-
bic and how it is possible to own your
own home.
Wednesday, January 21-"Make
VIII day." to urge men to make wills.
Thursday, January 22-'9Thrtft in
Industry day." to advocate factory
thrift and cooperation between capt.
tai and labor.
Friday, January 2s-"Family Budget
day."
Saturday, January 2+"Pay Your
Bills day."
Employer 10 Affected.
Supporting this movement In an ad-
dress to the bankers In their conven-
ton here. Arthur M. East Of New
York, national director Of the Thrift
week movement, said:
'Financial and Industrial leaders are
interested in the Increased cost Of liv-
Ing because they know that in most
cases the bill for the Increased cost
Is handed by the worker to the en-
ployer for liquidation. The bill for the
cost resulting from the ineff1ciency of
the average man and housewife in the
spending Of money and their failure to
get full value for money received is
also handed to the employer for pay
ment either in increased demands for
wages or in increased dissatisfaction
and industrial unrest.
$50 many employers are learning
that, along with plans for stimulating
the interest of the worker in his job,
there must go hand in hand with it
an education Of employees in funda-
mental economics and in the use and
value Of money"
s"s's