Alma record. (Alma, Mich.) 1878-1928, 1920-01-29
COOPERATION TO
CURB The RIOT OF
UNWISE SPENDING
Savings Societies. Schools, Wom-
ems Clubs, Unions, Lodges and
Churches Aid Savings
Movement.


Organizations. Government savings Or
ganization. 9TH District.
Establishment of harmonious or re-
riprocnl relations between the citizen
and the government by giving the PEG
pie an opportunity TO acquire a stake
m the government is one OF the aims
Of the savings organization. Coop
Grafton is the keynote Of the 1870
thrift movemcnt--the Treasury depart
ment and the people working together
for the common good
Purchase of Treasury savings Sc
curitles benefits the nation and the in
dividual alike. IL starts the saver on
the road 10 independence and provides
needed funds for the u. s. Treasury.
The business of the savings or
ranization is To promote savings ana
the purchase from the Treasury or In
the market. of u. 5. Government Sc
eurities Of all kinds and the continued
holding thereof In this. cooperating
organizations play a large part IN
furthering the teaching of saving. ROT
merely as an end In itself, but as
-
means government securities.
Cooperating organizations contrib
uting toward the success OF the tbr'tt
movement and their varied activi'ies.
may be set down as follows;
l. GOVERNMENT SAVINGS So
CIETIEs-,rhese are formed In In
dustries mercantile and other estab-
1nf a
OF men orr, women employing team
work for systematic saving Their
aims are:
To create community sentiment for
saving.
To eifectia change in the present ex-
travagant standard Of living.
To decrease the tendency toward
convention in spending
To provide constant reminder, an
incentive and the required SUGGESTIONS
for saving. and the purchase OF gov
eminent securities.
> SCHOOL S-They are the means
OF achieving the object ot intoxicating
the saving habit and of building ny for
the future nation OF thrifty citizens
with a leaning 10 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 M
erature among pupils for family read
Ing a. well as their own use.
Make adequate arrangements ioI
the regular sale OF Thrift ami War
Savings stamps.
3. NOAlEN'S ORGANIZATIONS
Next to The schools. organized groups
of women probably are the most I'M
portant factors in advancing thrift
education. They are expected to;
Establish classes la thrift ant
household economy through the use OF
the budget system.
Make appeals to women who
through Inheritance or participation II
industry, have money 10 invest anC
who may bee convinced of the wisdom
of investing in government securities
Aid i'm carrying out the selling wort
in he schools in order to tighten the
burden OF the already overworkeC
teacher.
4. LABOR. FKATERNAL ORGANl
ZATIONS. ETC.-Labor organizations
Citations. agricultural bodies. churches
and foreign language speaking groups
offer means OF general assistance, al
follows:
Furnishing information on govern
ment war securities.
Making suggestions at regular meet
ings and AT conventions on wise spend
ing as the essence of true thrift.
Promoting the vigorous sale of gov
eminent securities.
Encouraging the investment OF tdl
organization funds in some form o
government security.
The advantages presented 10y Treas
usy Savings Certificates. issued In de
nominations of 800 and $1,000, as In
vestments for lodge funds, is bein
widely recognized by fraternai OF
limitations. Labor unions an
churches also are adopting this meth
cd.
Investment In government securitie
IN being urged by experts In rurs
economics for farmers, who DO nc
need TO put the money back Into thei
farming, as the best disposition 10
the farmers surplus. They point GU
mat Investment OF this surplus In Ian
that must be leased or farmed b
tenants usually will not pay as niue
net income as government bonds; ais
that bonds are useful as collateral 10
notes In banks TO obtain temporar
eapItaj. The holding Of gOvernmer
securities now owned and the buyin
Of more is urged, therefore, a. goo
poiicy for farmers.