The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1920-06-03

ed. Generally speaking while the air
may be nurchargcd with ominoua
mutterngs. the American people ~
whole are far from the Scrbonian
boys Of despair
I'VE have the money, let's spend
u before u gets cold" singH the
money -maddencd multitude Land.
lords. crazod by ayaricc, take n look
nj the homeless horde and up goes
the rent another peg. Proilieers IN
other lines, without cause or reason,
have changed the golden rule to
read. Get a plenty while the getting
Is good Artisans finding themselves
in the possession Of undreamed pow
or. crowd onto the merry o-round
with gold sprinkling the circle as
they spin the wild whirl Of extrava-
gance.
Spectators are in ectasy. Artific-
ial prosperity has dragged in by the
ears an artificial millennium. Oiless
oil stocks float down upon US like
snow flakes from heaven.
II is a beautiful dreamer night
mare, and above the din you hear
IL: What is going TO happen?"
In the calm Of a midsummer day,
cattle sometimes cease browsing; ;
their ears prick up, their nostrils di.
late; out Of the strange silence of
the sunshine they have sensed the
coming tornado. and away they go
TO the nearest shelter Perhaps the
wind demon fails to arrive or passes
TO one side but the herd has needed
the warning.
There is talk Of an impending fn-
ancial storm. II may not come and il
could not come if the public awaken
ed to its dangers. The jeopardy Of
the situation seems crystallized in
the all too popular assumption that
no matter how little we produce or
how recklessly we spend good
times" are to last forever.
For eight years the Portrero del
Llano oil well in the Mexican Eagle
fields gushed out annually its Is mil.
lion gallons of petroleum. One night
few weeks ago, suddenly and with
out warning, the oil of this well had
turned to salt water.
Many persons have no misgivings
of the morrow. II they had an oil
well, they would expect il to etern-
ally flow. As lowly a creature as the
squirrel is wise enough to put by
sustenance. The spendthrift human
usually is scarce six shirts away from
the poor house.
on may say what you wish Of j.
ID. Rockefeller but his dollars are
good dollars and he has something
like two billion Of them. Johns father
was a poor New York farmer. At
Is John d. had job at s25 a month.
Three years later he was a bookkeep-
er at $500 a year and had saved
$500. Because he had that $500 he
was enabled to form a partnership
with man who had $4,000 and thus
success came his way You may howl
AT ana about John ID. Rockefeller
until you shake the eternal hills and
the fact remains that il was the hab-
it Of thrift that started him on the
way TO colossal wealth.
What's going 10 happen? As well
ask, How old is Ann?
Only one thing il certain-some-
thing unpleasant will happen % the
individual who lacks common SOUR
rel sense. We may bay long and loud
because bread or something else cost
penny more and we may find iniq-
uities enough in our body polite but
the grand and glorious fact remains
that never have we had so good a
chance to save money as now
The Government, through its Saw
ings Division Of the Treasury De
partment, pleads with the public for
thrift. It offers every assistance and
has provided such safe and sound
saving securities as the 25 cent thrift
stamps, war savings stamp and reg
istered treasury savings certificates,
each a wonderful security and an in
spiration to financial independence
and when bought at banks or post
Offices is simplicity itself.