The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-10-01

"IndustrB hath annexed thereto The fGrcst
fruits and the richest repards. .'-BdrroW.
Almost everyone who has enjoyed good
health and who has been willing to work has
been receiving a good income during the past
several years.
isunfortunately true that, when we are max
ing the most money, we save the smallest per-
ccntage of our incomes. 1t takes little adj
versity to make us realize the Importance of
saving.
The American people have never given very
serious study to the matter of thrifty living.
Most people assume that saving a dollar or
five dollars out Of each weeks pay envelope,
or ten per cent or twenty per cent out of each
years income proves them to be thrifty, while
it does nothing of the sort
Thrift does not consist of putting aside dol
lar week Recently S. w. Straus, president
of the American Society for Thrift gave
good definition of thrift which is clear and un-
derstandable. twas
"Laying aside a fer dollars each ureck does
not necessarily make one thrifty person
Thrift much than merely
moneB-h means personal eficencg-h
f0resight-t means prudence-t
and legitimate seif-conroi-a means all
that makes for character. II is much
DoUed from niseriiness the hand
is from, erraud0ance the other. As
build the Ideals Of thrift, zoe build character"
The really thrifty person is who lives we'll pays all
of his obligations contributes literally to worthy chari
ties and provides his family with everything necessary
10 make them truly comfortable and happy HIS thrift
is proven every time he spends dollar He gets his
moneys worth; he buys for pemanency; he buys real
things, not foolish baubles. This man buys nourshing
foods and buys them in season. he buys rich and dur
able clothing, avoiding the extremes Of fashion,; ne
buys goods which he can see and examine, from mer-
chants whom he knows and on whose representations
he can depend He may have automobile, but it is
not painted red; he may have piano. but it is not
finished in ivory and gold he may tip the waiter or the
porter but not with greenbacks he may attend the
theater but he is not st-nighter at every musical
comedy; he may keep servants in his home, but not
merely for ornaments. The really thrifty is the
man., who, having earned money, knows how to
spend it.
A really successful man. whose name we would all
recognize, made the statement few months ago that,
in his opinion, every person in this country could live
better than they now living on less money than they
are now spending, if they would use their heads
earnestly in the spending of their meney they do in
the earning of their money. He said that his real
cess began day when he suddenly decided that he
going to live better and spend less, if that
possible. He found it possible and he is cassed
among the very rich. He has right to his riches, as
has every one who will do the same thing
One of the very rich of the country who started in
his present business at daily wage just half large
the daily wage Of the lowest paid laborer in this
country today, recently said: "The great need Of the
world today is to work hard and This applies not
alone to the labOrng man, but to the man Of great
means. There is no place in America today for the
loafer" This was said by Charles NJ Schwab.
There is pleasant and agreeable side to all this hav
ing satisfied the desires for many things the demand IS
less and the inclination to spend has subsidized rms IS
shown in the fact that during the last three months OF
last year. although all of the people combined did not
earn as much more of the money found its way into
Savings Bank accounts than ever before IN the same
period of time People have come to realize the need
of thrift Business is not quite so active and earnings
little less but things cost little less so 1t is pos
sibe to save more.
sL.;Ct,, tLat tL.;Ct,, -.