The Washington times., 1920-01-31

doing the right thing we should make hm deter
mination to continue we doing the wrong thing is
time we began new habits.
According to the statement of the United States Treas
y officials the total money in circulation January Of
this year was $500, 1856.
That means that if all the money in this country
divided equally each man. woman, and child would have
about 500.
But the wealth of the country is not represented by
money alone includes also all that money has bought as
passed from hand to hand and that total amounts to
approximately $780, 100000
Then greater than wealth itself is credit and ono
nows accurately estimate what the credit Of the
100000 900 inhabitants would amount to.
To attempt to transact the business OF the country on
money basis would complete decentralization OF all
commercial affairs
Money could not be transported fast enough provide
cash basis for thousandth part of the which
business very largely fathon the belief that neigh
Dor is hones-that he has the to pay with and the
intention to meet his debts as they become due
All this faith is built upon Thrift
When a man working hard spending carefully
we willing to trust him.
He is building wealth and credit at the same time.
Thrift is not penuriousness Saving does not mean
being mserly Wealth piled up at the cost of health
happiness is not wealth at ALL because we paying more
than it is worth to get it.
Real thrift is combination of wise spending, wise
saving, and wise investing.
No young man or young woman little that
something cannot be saved out of it. It may be only in
of pennies that you begin saving But the habit
begun with the pennies will be good foundation on which
to later save the dollars.
The best thing about money you is that you can
keep it working You have to Sleep rest take recreation
Your dollar be made to work for you day and night
without any ALL In the bank it will draw interest
twentyfour hours day. Invested in sound and honestly
conducted property you will have all the brains in charge
of property seeking make your dollar valuable
They will be working for you and helping your dollar to
multiply.
There is no better display of thrift for the young
ried couple than the obligations that 60 with
buying home.
And there is one condition that always ought be
part of such a purchase
The home ought belong as much the wife the
husband.
She does her part of the earningrequenty than
her part.
She does her part of the saving-amost always more
than her share =
She should have at least half interest in the results
to be fair, she should have twothirds interest.
The real object of saving money is just like the real
object of buying railroad ticket You buy the ticket to
insure comfortable and safe journey to your destination
You should money make it certain that you
will have safe and comfortable journey through fe and
that the end you shall be able you have dependents
to something protect them from suffering
Money of itself is useless. Robinson Crusoe with
million dollars in his pocket would have been better of
than he without anything Money is valuable only fol
what be accomplished with it. -.
But when you spend, spend wisely. The young woman
who has to buy dress does not spend wisely she buys
cheap msy made garment Of poor material because
cheap Nor does she spend wisely if she buys dress
in extreme style that will have gone by in month
two She spends wisely she pays enough to get good
teria made into dress of style that will last and that
can be made over, if necessary.
The young man can exercise the good sense in
buying his clothes sensby practicing economy by paying
enough to insure good wear and neat appearance.
There better time to money than right
You got much for your work you today
You read every day that dollar is only good as
fifty cents
1t is true that dollar will not purchase much