The labor journal. [volume] (Everett, Wash.) 1909-1976, 1921-12-30
Small Items Showing
Why Money Saving
Is Advisable

Theodore Roosevelt: Extravaganza
rots character; train youth away
from it. On the other hand, the
habit of saving money, while it stiff
fens the will, also brightens the en-
ergies. If you would be sure that
you are beginning right, begin to
save"
A. w. Atwood: Saturday Evening
Post-"In thirty years the daily saw
ing of a dime will amount to more
than one thousand dollars"
Saturday Evening Post-"If all
the employees of the United States
Steel Corporation should save So per
week and put it into stock of the
company. they would own controlling
interest within ten years."
Carlyle: "There are but two ways
of paying debt; increase of industry
in raising income, increase Of thrift
in laying it out"
Andrew Carnegie: "The best way
to accumulate money is to resolutely
save and bank a fixed portion of
your income, no matter how small
the amount"
Dickens: Micawber-"Annual in
diture, nineteen pounds, nineteen
shillings, six pence; result, happiness.
Annual income, twenty pounds; an
nual expenditure, twenty pounds, no
shilling, six pence; result, misery"
Thomas Edison: "The time is
coming when every man who lays
claim to business ability will keep
the question of waste before him con-
stantly
David Lloyd George, the British
Premier, in House of Commons;
"The only saving that will help the
government substantially is the saw
ings of the people themselves-the
saving of individuals, the saving of
families, the saving of the man who
had an income in any shape or form.
The savings of the people are at
the present moment vital to the sue
cess of this country, and the man
who cuts down unnecessary expendi-
ture is contributing something ma
terial and important to the sue
cessof the country"
David Starr Jordan: Thrift is a
determination to live with a margin
for future advancement; to earn a
little more than one spends or to
spend little less than one earns,
getting meanwhile the value in
strength, in satisfaction or in other
worthy returns for the money one
feels free to spend"
w. E. Knox: Industry earns
money and prudence plans what to
do with ones earnings. Economy
manages wisely what one has earned.
Frugality saves something out of
ones earnings. but it takes all of
those four things to make up thrift
Industry, economy, prudence and
frugality together-make up thrift"
Sir Thomas Upton: 81 have often
been asked to define the true secret
of success. 1t is thrift in all it's
phases, and principally thrift so ap-
piled to saving. Saving is the first
great principal of all successes. 1t
creates independence, it gives al
young man standing. it fills him with
vigor, it stimulates him with the
proper energy, in fact it brings to
him the better part of any success
Happiness and contentment."
E. F. Mack, Central Trust Co.,
Chicago: "a man who has children
can leave them no better legacy than
the savings habit, formed through
years of actual practice, for such a
habit, coupled with honesty, indus
try and courtesy, will insure the bus
mess success of any child later in
life"
Theodore Roosevelt: eff you would
be sure you are beginning right, be-
gin to save"
Lord Roseberry: "Great nations
and great empires only live so long
as they are thrifty; the moment they
begin to waste or disburse their re-
sources, the day of their end is at
hand.
Woodrow Wilson: eff man does
not provide for his children, if he
does not provide for all who are de-
pendent upon him, and if he has
not that vision of conditions to come
and that care for the days that have
not yet dawned, which we may sum
up in the whole idea of thrift and
saving, then he has not opened his
eyes to any adequate conception of
human life"
Sir Harry Lauder, in a recent let
ter to the saving division of the
treasury department, said: 81 en-
dorse your savings movement. When
one begins to save dollars, it is a
good sign of prosperity, for thrift.
To be thrifty is to be cautious. One
will also begin to save clothes, boots
and socks and shirts, and everybody
should be taught to save. 1t is a
good trait in any mans character. If
people call a thrifty person mean,
thew do not understand. | would
rather be called thrifty than to be
summoned for debt"
ITO much cannot be said and done
to encourage people in reasonable
thrift" writes DIR. Harry Psatt Jud-
son, psesident of the University of
Chicago, in letter to the savings
division of the treasury department.
Industry, thrift and social stability
are the only safeguards, in my opin-
ion, that we have in this troubled