The Clio messenger. (Clio, Mich.) 1907-current, 1920-03-11
COOPERATION TO
CURB THE RIOT OF
UNWISE SPENDING
Savings Societies, Schools, Wom-
ems Clubs, Unions, Lodges and
Churches Aid Savings
Movement.

BY Albert Boswell. Director Cooperating
Organizations. Government Savings Or
ganization. 18th District.
! Establishment of harmonious or re-
riprOcal relations between the citizen
and the government by giving the peo
] pie an opportunity Ia acquire stake
| in the government Is one of the aims
of the savings organization. Coop
Grafton Is the keynote of the 1920
thrift movement-the Treasury depart
ment and the people working together
for the common good.
Purchase of Treasury Savings Sc
| curities benefits the nation and the in
dividual alike II starts the saver on
the road 10 independence and provides
needed funds for the U. S. Treasury.
The business of the savings or
| ganizatiOn is TO promote savings ana
| the purchase, from the Treasury or in
! the market, of u. s. Government Sc
curities of all kinds and the continued
| holding thereof. In this. cooperating
organizations play large part in
/ furthering the teaching of saving. not
merely as an end ia itself, but as
means Of safe investment, which
means government securities.
Cooperating organizations contrib
uting toward the success of the THRIFT
movement, and their varied activities.
I may be set down as follows:
/. GOVERNMENT SAVINGS so
! CIETIES-These are formed in in
dustries, mercantile and other estab-
! lishmentS ana are defined as "a group
of men or women employing team
work for systematic saving" Their
aims are:
To create community sentiment for
saving.
To effect change in the present eX-
travagant standard of living
To decrease the tendency toward
convention in spending.
To provide n constant reminder, an
incentive and the required suggestions
for saving. and the purchase of gov
eminent securities.
.. SCHOOI.S-They are the means
of achieving the object Of intoxicating
the saving habit and of building up for
the future Il nation of thrifty citizens
with leaning to government securi-
ties for investment. The government
asks the schools to:
Introduce thrift material into text
books through enactmentS by state
boards of instruction and legislature.
Distribute Treasury Department lit
I erature among pupils for family read
| ing as we'll aS their own use.
Make adequate arrangements for
the regular sale of Thrift and War
| Savings Stamps.
3. WOME\'S PLANTATIONS
Next To the schools, organized groups
of women probably are the most inn
portant factors in advancing thrift
education. They are expected to:
Establish classes in thrift and
household economy through the use of
the budget system.
Make appeals to women who,
through Inheritance or participation in
industry, have money to invest and
who may be convinced of the wisdom
of investing I'm government securities.
Aid i'm carrying out the selling work
In the schools i'm order to tighten the
burden of the already overworked
teacher.
4. LABOR. FRATERNAL ORGANI-
CATIONS, ETC.-Labor organizations,
fratcrnal societies, commercial assO-
cations, agricultural bodies, churches
and foreign language speaking groups
offer means of general assistance, as
follows
Furnishing information on govern
ment war securities.
Making suggestions at regular meet
ings and Mt conventions on wise spend
ing as the essence of true thrift
n. g..., tl.n xFie
eminent securities.
Encouraging the investment OF idle
organization funds in some form OF
government security.
The advantages presented by Treas
usy Savings Certificates, issued I'm de-
nominations of 500 and $1,000, rs in
yestments for lodge funds, is being
widely recognized by fraternal or
ganiZations. Labor unions ana
churches also are adopting this meth
cd.
Investment in government securities
IS being urged by experts in rural
economies for farmers, who do not
need TO nut the money back into their
farming. as the best disposition for
the farmers surplus. They point out
that investment of this surplus in land
that must be leased or farmed by
tenants usually will not pay as much
nor income aa government bonds; also
mat bonds are useful as collateral for
notes i'm banks TO obtain temporary
copital The holding of government
securities now owned and the buying
or more Is urged. therefore, as good
Ca.