The Barre daily times. (Barre, Vt.) 1897-1959, 1920-02-23

the happy go lucky the real benefits OF
thrift. and add them to the number Of
our depositors.
1--WE must grip the childhood and
youth of our country. We must en-
courage the public schools to teach
thrift. Our banks should not stand
aloof but we should be ever ready to
cooperate and assist the school teach
er in every practical way to bring
about this desired result.
I'VE must change the terms by which
we talk thrift. We have overworked
the rainy day argument. For in
stance, talk, to husky young man
about a rainy day. He is young and
vigorous, and always expects to be, he
is. not looking for rainy day. We
will not get far with him with that
argument, but connect his savings with
his paw envelope, teach him that his
savings will create job, and the more
he saves the more steady will be his
lob. and we may cause him to think.
Let our slogan therefore be, Save your
money to create your job; and save
more money to perpetuate your job
Wise spending is as necessary as
wise saving. Thrift does not mean to
use niggardliness, shady clothes, pinch
ing to the last cent May we be de-
liyered from generation of misers!
We can indulge ourselves to an extent
which would seem a luxury to the peo-
pie of France, Belgium and many other
countries in the war stricken area, but
it is incumbent on us to spend wisely
Ii would be better for most OF us II
we eliminated the charge account habit
and adopted the pay as you go prin-
ciple. The temptation to buy freely
and cxtravagantly when we can defer
payment il more than most of us can
stand, but if we must needs pay cash
we are sure to count the cost, to our
lasting benefit.
Instances of unwse spending are
round about us in plenty. A friend Of
mine told me of one rather amusing
case which may bear repeating. He
said that he had working on his farm
Lithuanian, a man nearly so years
old. steady and saving in his habits.
He was born thrifty and had prac-
ticed intensive thrift all his days. He
| is bachelor, and has lost his right
thumb. does not know one note from
another and was never even heard to
whistle tune, yet he invested his saw
ings in a piano But we need not add
to the number of cases, however anus
I ing. If the truth were told, We are all
more OF less tarred with the same
stick A great many of us save at the
spigot and let it run out at the bung-
hole And here it would be well for
/ us to take this lesson home TO our
selves, and along with our thrifty
neighbors attempt to learn something
Of the wise expenditure Of money.
Indeed, think there is much TO
learn from the savings division OF this
district who has given much atten-
ton to the budget and home economics
department. A home budget system
which starts with the question, How
much of my earnings ought | to save =
and from that point distributes the
remainder over the necessities of life,
has in il much of the science of wise
spending. We bankers who have been
brought up to keep other peoples cash
right to a penny are apt to get careless
with our own, but / believe the time
will come, in these days when we are
expected to give TO the government the
most intimate details Of our personal
| resources and liabilities, when a sys-
tematic budget will be Of great assist
ance TO US in making up our returns.
! II viii add TO our thrift and will assist
us in being conservative in the use of
our income.
/ II have tried in a humble and i'm
perfect way 10 set before you the diff
I ficulties which beset Us az the present
time, and to suggest some remedies.
/ do not expect that even the truths con
| tanned in this address will change con-
Z ditions materially. but if a. a result
, we should here highly resolve to make
beginning. shall be fully repaid for
I the effort made. and grateful for the
opportunity given me TO thus speak.
"In conclusion. let me express the
hope that the citizens Of this glorious
. country Of ours. the greatest end best
under the sun. will catch vision Of
what true greatness y and come e
Z realize. in the words Of Scripture. that
q life is more than meat, .and the body
than rainen;