The New York herald., 1921-02-07


Mr. Frederic w. LePorin, associated with the house
ofenry L. Doherty Company 60 Wall Street for several
years, in direct charge of the Thrift and Investment
campaign which Mr.. Doherty and have been writing
about for several weeks
Last Saturday Mr. LePorin brought to my attention
book entitled, ''WIIY MEN STRIKE by SAMUEL
CROWTHER, and from it he read the quotation which
appears at the head of this column 1t impressed me
so much that | writing today's Letter around this
quotation, and that this Letter will not be confused
with the Others ] have been writing to under the
heading, personal BUT NOT CONFIDENTIAL"
in which have forth the message of Thrift for Thrs
sake want to give you angle Thrift, which
has deeper and more powerful appeal than merely
laying by money for the sake OF accumulatlng It,
Don't you want to help to maintain the
present high standard of living?
Don't you want to heighten, if possible, the
standard of living?
Don't you want to do your share to abolish
unemployment?
Don't you want to see the time come when
employers will compete for your services?
If you do want to do these things you have
the at hand in your personalities.
Do you appreciate that, collectively, the
wages and salaries paid in this great country
of ours comprise the prepOnderantIy larger
part of all the earnings of all industry?
CONFINEMENT AND PRODUCTION, AND
PURSES, TOO, WILL BE FULL IF WE !
DO OUR PART.
that is to the interest Of the workers to lay by
part of their wages salarieswhich is merely intel
lgent practice of Thrift-and then to carefully invest
the proceeds of their Thrift
If all workers will just apply common sense to the
handling of the monies they the aggregate
they will be able to add to the capital already employed
in this country will force expansions in industry, hardly
dreamed of now.
The huge that workers collectively may invest,
if they WILL will impel the employment of many workers
unemployed, only partly employed. They VIII
have, in time, every furnace roaring, every loom
working, every spindle turning every lathe and plane
working day and night.
repeat: CONFINEMENT AND PRODUCTION
AND PURSES. TOO, WILL BE FULL If WE DO
OUR PART.
PATRIOTIC SELFISHNESS A CURE FOR
Discomfort.
FOR THE WAGE FARMER TO PRESERVE A
HIGHER STANDARD OF LIVING Is TO HAVE
SO MUCH CAPITAL INVESTED IN INDUSTRY
THAT IT MUST COMPETE FOR HIS SERVICES"
Call it patriotic selshness. if YOU WILL but never
theless, is the kind OF patriotism that will dis
content.
Samuel Crowher has given in paragraph in
his book something that ought to make every of us
think, and believe it will make all workers think.
He has pointed out the real way for us to practice
Thrift that may get out of it the best in lives
1t is the way for you and to make for better day
for those children of oursparticuarly those children
growing up and preparing for full citizenship and
for the time when they themselves will become the
workers of the country.
1t is the only way freedom from the fear of poverty
and all its destructive elements in those days, in the
autumn of lives, when hard work is longer pos
sible.
MANY HONORABLE HOUSES WILL HELP
YOU TO SELECT SAFE INVESTMENTS.
ANY good house which has earned its standing through
moral responsibility, will help you to select safe invest
ments, and right you may safe investments
at prices that were never before attractive.