Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-21
Women s Clubs
Interested in
Thrift Study
Leaders Approve Plan Pro-
posed by Miss Conan and
Urge Practice.
BY JULIA c. HENDERSON.

thrift for the Indiana Federation OF
Clubs for the approval of the federation
council, was most timely and was taken
up by the club leaders with an earnest
ness which is bound to bring results in
the coming year.
National Thrift Week, Jan. II to % is
again calling to the minds Of the people
the value Of this great forward movement
and what it may mean TO the people OF
America if rightly studied and applied.
The definition that has been most tersely
put is Thrift is good management OF
the business Of living" None Is too poor
to have a part, none so well OF that ne
can be Indifferent. Every one who Is
concerned in the business of living must
be interested in this movement
Thrift is a habit of mind and of prac-
tiee 1t is command Of opportunity; COM
mand of ones resolution, command or
the present and the future. 1t is getting
the most cut of the ones time, getting
the most out of ones strength, getting
the most out of ones earnings.
U. s. WOULD MAKE
THRIFT HABIT.
Our Government expects, through this
movement, to establish thrift as a perma-
nent habit of the American people for the
lasting prosperity and enduring strength
of the Nation.
Early in the life of the venture, which
followed the World War period when
it was demonstrated it was possible for
the American people to save, the Govern
ment called to its service large, l0ya,
groups of organized women to aid in the
campaign, believing the influence OF
women in working out the great economic
problems of the day would be invaluable.
In this effort it has met with success,
for all over the land these groups are
studying and disseminating the gospel
of thrift not only to this generation, but
paving the way for a comprehensive
knowledge and practice of the movement
in the coming generations which Will
make for the good of the Nation The
children are being taught the fundamental
principles of thrift in the Schools in the
homes and in the colleges of the coun-
try.
During the war period thirty million
Americans became for the first time
financial partners in their Government.
This has made for patriotism never
known before, bringing the ideals Of our
Government to the minds and thoughts
of it's people in q practical way.
EXAMPLES PROVE
MERIT OF PLAN.
When we find that a boy Of II in Cali
fornia has earned and saved through war
savings stamps $50 toward q coveted
college education, when newsbOy is
pointed out as one who had never missed
a week in purch6s sing a thrift stamp,
when reports show the school children Of
Texas own about 100000 worth of
thrift and war savings stamps, ana the
boys and girls of Ohio each bought on
an average of 81 worth Of these securities
in 1918, we know there is something in
thrift practically applied that stirs the
Imagination of our future citizens.
It is estimated 100000 people in the
United States, whose working days are
over are dependent on charity. Most
business men fail because Of a lack Of
sound economic knowledge which should
have been gained in youth. Many States,
seeing the value of the movement and its
effect on the coming generation, are en-
acting laws for the compulsory instruc-
ton of thrift in their public schools. 1t
is a great educational movement which
has for its object the enlightenment OF
the public on the question of systematic
saving and sane investment, how to save,
INV to spend and how to invest money
wisely
AS a result of the war, Government Sc
carities increased from $4,000 investors
to almost 5000 0G0. The World War
with all of its horrors and sacrifices, has,
after all, brought great benefit to mil
lions of lives. 1t has taught US the high
cost of living is not the only thing to be
considered these days. there also is the
high cost of not saving
We of this generation may not be able
to make much progress in the movement,
but there has been started on its way an
educational plan which, II followed, viii
bring comfort and happiness to many
American homes.
MUCH REMAINS
TO BE DONE.
That there is much yet to be done is
made clear by Government returns of
1920, which give the amount spent for
Iuxuries, by the people Of the United
States, as twenty-five billions seven hun
dred million dollars. In 1921 the Govern
nent lists the amount spent on luxuries
as follows: $75O,0O0 for face powder, cos
metics and perfumery; $J00,000000 for
iewelry, $500, 100000 for furs, $4,000, 100000
for automobiles, $250,000000 for ice
cream S60OO0000 for chewing gum,
$3.50 ,O00, GOO for cake and candy, $3,00O,0O0
for luxurious services, $1,000, 100000 for
the movies, S2,000,O00,000 for soft drinks
and a like amount for tobacco and SO on
through a long list.
Is it not time that the young be edu-
Gated In different channels? They should
be encouraged in the purchase Of savings
certificates periodically and taught the
value of them; how, when and W re
thew may be purchased, taught to rae
tiee thrift in time, in strength and
energy; in fact in all things that n axe up
the business Of living, the stu Of it
in its many angles is most interesting
aro iDvqlfJ1 HE
WOULD TEACH THRIFT
IN SCHOOLS.
1t would be well Il the creed and reso-
luton of the savings division of the
United States Treasury could be made
part of the curriculum Of the schools
of our country. 1t follows:
believe in the United States of Amer
lea
My opportunity God hope depend upon
her future.
believe that her stability and prog
ress rest upon the industry and thrift
of her people.
Therefore will work hard and live
simply.
/ will spend less than I earn.
I win use my earnings with care.
Will save consistently.
l viii invest thoughtfully.
To increase the financial strength OF
my country. and myself
j will buy Government securities.
/ will hold above barter the obligations
my country thus incurs.
I win do these things to insure the
greatness Of Americ s future.
PARTIES AND MEETINGS.
The Ladies' Auxiliary to the Plumbers
MON No. 70 and Steamftters No 440,