The New York herald., 1921-01-24
The National Thrift
Movement
This Is the Second Week of 81
Week Campaign

In my letter published last Friday closed by
saying:
eff you want to know why we must depend upon
creating new class of investors, and if you want to
help in creating better business conditions, you
read letter that will publish in the papers
Monday"
However, have been asked by those interested
in the Thrift Movement to devote this letter to
further Organization Work-and l glad to
col1--,Ty.
While at present am writing these letters over
my own signature, this is not because there are not
plenty of people other than myself interested in
this movement, but because there are in addition
to several organized movements great many other
groups in the process of organization.
Their plans have not progressed far enough to
choose either their spokesman to formulate def
nitely thail plans nor even to determine whether
they had best work independently, or amalgamate
their efforts. Some of these groups are national
in character, with members scattered from coast
to coast and therefore will be unable to complete
their plans until the date of their annual convcn-
tons.
have therefore been asked to act as spokesman
for the present and endeavor not only to sustain
but to stimulate public interest
/ have been particularly requested to say what
have said before-that there is no problem that
this country faces which would not be solved,
greatly simplified, by making Thrift and Invest
ment general practice in America. Lack of space
does not permit me to go into Details but have
been requested to ask everyone now interested in
any organized form of improvement work. whether
it may have morality, charity, Americanization
something else it's object, if they have carefully
considered the part which Thrift and Investment
will contribute to their objective and, if desirious
of adopting OF even of investigating, the matter,
to wite me and will see that the letter finds its
way to the proper group.
The publishers of the Business Papers are one
of the groups in the process of organization.
AS you probably know every separate line of busi-
ness has publications devoted exclusively
to it's particular line. Each employer be he big or
little looks to his particular business paper for
guidance. These publishers believe that they can
contribute greatly to this movement by getting each
employer, in turn, to organize his employees to
save and to invest their money.
On Friday, January 21st group of these men
met and arranged to call special meeting for this
present week to organize and sent the following
telegram to the national headquarters Of both the
Young Mems Christian Association and the Knights
of Columbus the work would be maintained until
they could get into action:
Thrift Campaign be continued By the maintenance
Of the committees organized and that they make
immediate effort to get employers to start thrift and
Investment campaigns among their We endorse
and ,cH support editoraly the thrift and inuestnet
idea and uiH recommend similar action by other bus;-
ness publications."
american Machinis,
atlantic Coast Merchant,
Autom,otire Industries,
Boot and Shoe Recorder
Chemical and MetaHwgical Engineering,
Coal Age,
Commercial Vehicle,
Distribution and Warehousing,
Dry Goods Economist,
Dryoodsman.
Dry Goods Reporter,
FL Aaomoci americana,
Electric Railway Journal,
Electrical Merchandising
Electrical World,
Engineering and Mining Journal,
Engineering Ne,cs Record,
The Gas Age,
Hardware Age,
Ingeneria International,
Iron Age
Journal Of Electricity. q
Lumber,
Motor Age,
Motor Boat,
Motor World,
Oil Trade Journal,