American Fork citizen. [volume] (American Fork, Utah) 1912-1979, 1921-06-04
gI0RA1|ON Of
Prosperity DEPENDS
ON NATIONS THRIFT
q, George Wheeler Human
~ Noted Financial Authority

chicago, June 2--we are advised
~ Nv the economists that by thrift
:" .n., restore the capital destroy
u BY the war ,.uo, ,., 90,
:. good. in twelve years, the to-
S.struction of the great European
conflict
:. sst the abundant capital which
-..n. permanently easy money and
...d,,. permanently prosperous busi-
-. and national welfare.
The opportunity for thrift is here.
m. cost Of living has gone down 80
!, 10 per cent-certainly one-third--
n the last year
rne man who lived through war
smes, and still is in business, may
now save part of his income--if he
wishes.
Va may buy the same things he
Taught q year ago, and at the end
At The month have a surplus to put
in the bank. Or, he may buy more
things than he bought year ago
and at the end of the month have
,o,hiug but receipted bills. 1t Is his
choice.
How is he choosing? Often sem
ubly; that is one reason why there
are some signs Of business improve
rent; sometimes foolishly; that is
one reason why the improvement is
not more general.
The lesson of thrift IL still to be
learned In many cases.
For example: fluctuations OF house
hold budgets, family expenditures.
come to hand every week. From
reading them, one often gets the i'm,
preston that such things rs pot roast,
leg Of mutton, side meat. spare ribs
md hens are as much out OF style as
cabbages and kings, and that only
sliced ham at so cents pound, port
srhouse steak, rib chops. rib roasts
and broilers are fit food for any
American family.
Even Government statisticians seem
10 hold this point of view. They
fill figure out health and decency
standards" which one must spend
1880 or $4,000 a year to live up to.
and which would condemn four-fit-
tbs Of the head and hand workers in
the United States-ministers, doctors
ard teachers, among others--to an in
decent life, and not distant death.
But there are plenty Of signs in
daily life to the same effect. One does
not have TO read books, or circulars,
10 find them
A young woman earning s25 a
week. pays SIS for pair OF suede
shoes. There are thousands like her
end so such shoes still stand ut $1s
10 the shops.
A man pays SIG for pair OF
shoes, although by walking few
blocks he can get equally good ones
Tor ~. And so, with the raw materials
TOT shoes costing less than ten years
ago the SIG shoes are still priced and
scid as readily to some men. as In
1918.
Few miles from Chicago. the pro-
f'ietor OF a drug store drives med
'om priced motor car; he owns the
business. His delivery boy" also
drives a car which, new, cost only n
rev hundred dollars less than the
proprietor's.
Inc Other evening -passen-
yer motor car drove up to house
Nhere the writer was to dine. A
'ouhs woman got out. who afterward
appeared In the dining room rs a
waitress Her father, who was not
''erpaid as small town employee.
''d brought her in his machine to
~ ner hit OF work and ne called for
'er later when the bit was done
very good, lucky father and fort
,na'e daughter; perhaps it is cap
'o"s 70 mention it--only, II motor
"'s' cord tires and gasoiine are 10
ontinue to be necessary to the health
III" deconcy" standard Of living. the
,ao'ustment is certainly complicat-
y" ana the reconstruction will have
DC notably revised and prolonged
now many persons have heard the
Apression from unemployed men OF
s'e' I'D starve before I'd work for
9 dayT
riehty OF them, II they have kept
"e'r ears open. But why multiply