The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1921-11-24
BUY WISELY AND SAVE.

u 1AA>D Nh 40
S, During the last two years there has
been much unrest and dissatisfaction
in this country. We have been pass
ing through a period Of REIMBURSEMENT
? and readjustments are in general
somewhat painful.
Two years ago the dollar was proba-
bly, worth less than fifty cents-that is,
it's buying power had been decreased
more than one half At that time it
was generally admitted that the dol
lar would regain it's former value only
when money ceased circulating so
freely. Those who made this predic-
ton evidently knew whereof they
spoke. The Tightening up process
commenced more than year ago and
is still persisting to some extent, but
the dollar is regaining some of its for
mer prestige and dignity. If these
two processes can occur Simultaneous
ly none of US will suffer to any extent.
The value of one dollar is after all a
matter of as much Importance as the
number we possess
There has been considerable agita-
ton during the period of readjustment.
False prophets, who have been busy
advocating remedies for social and
economic ills Of which they had no
understanding, have produced tenn
porary stir and secured a few groups
of converts. The great mass of Amer
lean people, however, have been too
firmly grounded in the practical gos-
pei of work to be led astray by SUPER
fetal theories.
While the majority of men and
women in the country are accustomed
to work, many of them have never
formed that thrifty habit of saving a
certain portion of the salary or in
come. When the salaries were soar
ing skyhigh, prices were equally high;
money was quickly earned and quickly
spent. It was the salaries that took
the first drop and then the trouble
commenced. The price of raw ma
terial also slumped before there was
an appreciate decrease in the cost of
the finished article Now if the pro-
Queer and the salaried man had laid
aside certain portion Of his increase
to tide him over the period of defla-
ton the REIMBURSEMENT would not have
been so painful.
Most of US need to learn the art of
saving. The late James J. Hill COM
mented rather forcibly upon the neces-
sity of man acquiring the habit of
saving if he is to be a success in the
business world: IF you want to know
whether you are destined to be sue
cess or a failure in life, you can easily
find out. The test is very simple and
infallible: Are you able to save
money? If not, drop out. You will
lose. You may think you may not, but
you will lose as sure as you live The
seed of success is not in you"
Although few people are so materi-
alistic as to measure mans stature
solely by the amount of this world s
goods he has accumulated, most of us
will agree that the American people
are as a rule not good savers. Another
valuable lesson to be learned at the
present time is the art of buying
wisely. We are all playing the same
game now, it matters not what a
mans occupation is nor how big his
business is, everyone is interested in
obtaining full value for every dollar
expended. This is we'll and good.
Thrift in every form should be en-
couraged and prosperity will be found
in a community where the individuals
practice the habit Of saving and buy
ing wisely.