New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-01-18
Thrift Week
Campaign to
Start To-day
nnrches and Civic Bodies
Is Join in Stressing Need
d Economy Upon Nation
. a National Necessity
~ Cities Join in Drive
Treasury Department Gives
Active Support to Plan to
Make People Thrifty

ne si4th anniversary Of the birth
xBsniamin Franklin, the apostle of
.,sssmic prudence, to-day is being OBJ
.,rved as National Thrift Day" in
.ese than three hundred cities in the
,aitsd States 1t marks the opening
ne national thrift campaign, which
IN Inst for a week and is sponsored
= he 7. NJ. c. A.
ne enterprise has the backing Of
q Savings Division. Of the Treasury
bsuastment, the American Bankers
isjoeistion, the National Association
Il Real Estate Brokers, the National
Ctedit Mems Association, the Rotary
"A Kiwanis clubs and other organi-
uiieus related to industry and COM
nelee. Adolph Lewisohn is chairman
e lie national committee. In nearly
q churches to-day sermons will be
esssehed on the relation of money to
nEeion.
Drive to Last Eight Days
Arthur II. East, secretary of the ma
sbnal committee, in explaining the
purpose Of Thrift Week, said: at is
fundamentally an idea week. For eight
In the commercial and industrial
nders Of each community are lend
u time and energy to the problem of
ntaing the economic problem in mo-
ton and implanting the idea of thrift
ffoughout the nations industrial life.
keomes at a. crucial time.
sWe expect to teach sound, economic
iesrines, bearing especially on pres
Mtday conditions; 20 protect peopln
Asm wildcat schemes and encourage
ttsm to invest in local enterprises; to
sdueste the community on the impor-
INT service financial institutions rem
Ia; to conserve the educational value
II the various government war loan
umpaigns: to encourage every indi-
|Sidual to become the owner of bank
xtount; to stimulate people to own
|Nperty and to help them accumulate
slds with which eventually they may
|tm their own homes; to help your
IN and boys to fit their incomes and
|dnities inte4 the purpose Ola swell
munded life and enable them to bear
h1r full share of responsibility to
der families; to develop character by
taxing the right value of money,
vita view TO opening the door to a
eofleH appraisal of moral and spir-
Aual hings.'
Bankers Aid Campaign
Francis H. Sisson, vice-president of
ste Guaranty Trust Company, made
te following statement relative to
Thrift Week: There is no class of
ussitations which plays a more i'm
Eftsnt part in the encouragement of
INIT than the banks. The primary
eassee rendered by banks in promot-
g thrift is the encouragement of
FIseeaatic saving and the creation of
.p1k account for the return it brings
he form of interest paid on de-
psitx Banking and banking houses,
advertisements and otherwise in
Nails and private, are constant and
Rdsnt advocates of the practice of
sakng up family budgets. Moreover,
sa.eFs are constantly at the service
{ hese who wish to invest their saw
IN high grade securities"
sasious phases of thrift will be
asa up on succeeding days during
campaign, January 10 as "Na-
sssai Life Insurance Day." January
Own Your Own Home Day"
saasasy Il as make Will Day." Jan
81 ~ as Thrift in Industry Day"
aary % az Family Budget Day"
s. January "a as "Pay Your Bills
rnnptly Day"