Capital journal. (Salem, Or.) 1919-1980, 1920-01-13

There are certain men in this coun-
try who stand for success in the best |
sense of the term. Some have put |
themselves on record in answer to
this question, is saving necessary"
Theodore Roosevelt has said THE
habit of saving money, while it stiff
fens the will, also brightens the will,
also brightens ones energy If you
would be sure that you are beginning
right, begin to save"
James j. Hill, the railroad king of
the northwest and one of the great
est developers of men America has
known, laid down this rule: If you
want to know whether you are des-
tined to be a success or failure in
life, you can easily find out. The test
is simple and infallible. Are you able
to save money!"
John Wanamaker has said: THE
difference between the clerk who
spends all his salary and the clerk
who saves part of it, is the difference
in ten years between the owner or a
busints and a man out of job"
Marshall Field, of Chicago, nau a
recipe for success. 1t was this:
'If you would succeed in business,
always spend a little less than you
earn. No matter how small your earn
ings, you should master this art"
]. P. Morgan said this about the
savings bank. Saving deposits in a
bank are like an anchor to ship,
needful in a calm, vital in storm"
But our modern men did not dis
cover that saving will pay. Don't you
remember one of Poor Richards say
ings. "It is hard for an empty bag to
stand upright; and don't you remem-
ber what one of our greatest and best
loved Americans advised: Teach econ
omy: that is one of the first and high
est virtues; it begins with saving mon
ey." The American who said that was
Abraham Lincoln.
IL YOU are going to save regularly
you must have some sort of an incen'
tive The thing you are inclined to say
offhand is this:
I'm young and strong; Tn making
good wages, and 1 don't see why
should save Every dollar that | save il
dollar taken out of the amolnt tha
/, /, l have to spend"
What you say expresses The .Ameri
can theory, that every Amcfican is ca
pablo OF looking after his affalrs' he
capuhle Of looking after family whel
) fairiiv responsibilities come 30 him. !
is a theory that does not, as q matte
OF :act, work out.
Eight million American wome, ar
helping the men to finance the family
a Eery year a million working men be
e come uerendent either upon their reia
.i-es uron public chaity. AS mat
ter of fact, the American man does Int
provide fully for himself or for h
family.
"a prudent man foreseeth the ef
aud hideth himself. The foolish pa'
II on and are punished.
y Thrift will build place of safety II
u old age
Natiorai Thrift Week begins JAM
ary II, the anniversary of the Jir'n
le BENJAMIN Franklin and the first day
ID Thrift Week will be known rs 'Sani
ar ers Day" The object of this LAY is
at enlist the nation in a cam oa.Ei'
tx "Saye first and spend afterwards
re other words to stick resolutely 70 u
ne program of making the present lnsu
r the future by the regular saving al
investment of some part of every p
y envelope to finance future oppnrtpf
i'll ties or needs; to invest savings sare
in preferably in government securities;
ps curb the profiteer by demanding df
or lars worth of goods for every doll
y spent
n If you have not already done 50
Id sure and plan to open bank accou
for your self or your children next 81
W lurday