The Washington times., 1925-08-25
BANKER URGES
THRIFT FOR
CHILDREN
Influence Young Persons Ito
Start Account As Early
As Possible, He Says
By RICHARD HATToN

A great many people look upon
q bank as q mere business con.
venience, an aid in carrying on
the affairs of today" said proni-
nent washington banker this morn.
ing. at is true" he continued.
'that banks facilitate business to-
day and every day, but they have
q far wider influence which is well
worth considering. There is no
greater benefit that can be bestow-
ed upon the rising generation than
that which comes from q bank ac-
count and the habit Of thrift and
saving which it inspires in the
young. The following from a
pamphlet entitled Getting Ahead
Monthly" published by the Amer
lean Security and Trust Company
tells a story which It Is worth while
for every parent to heed:
Influencing q young person to
start and build q bank account may
be a greater benefit to him than
q gift of a thousand dollars.
How early should children begin
to deposit for themselves? You've
heard the question.
AS soon as they come to the
age of understanding. This is the
answer.
said Garfield: The children of
today will be the architects OF our
country's destiny a few short years
hence And can one become an
architect without years of training?
"A soft wax is apt to take the
stamp Of the seal, and every visit
TO the receiving window makes
lasting impression.
Dreams of future conquest, PLUS
q stout young heart; plus the cx-
ultant spirit of youth; plus the
labor of well taught hands; plus q
bank account, equals success.
Is there a. young person upon
whose career you would call down
a blessing? Guide him, and then
again, to the receiving teller's
window. The price OF success is
LIES lessons well learned; the
earlier the easier, and in vast
measure the better"
make special efforts to interest
very young people in starting and
maintaining savings accounts. All
banks encourage children to carry
savings accounts. Most children,
Il given little assistance, will soon
learn the thrift habit, viii take
pride in their bank accounts. As
pointed our by those who know
the stories of financial success
from the inside, there are few
men who have attained success
who have not started their career
with systematic saving. It is this
saving that all banks encourage.
Bankers persistently teach the doc
trine OF thrift and diligently assist
those who would save.
IF the child begins now and
learns well the habit of saving
said a banker today, 'sby the time
he becomes a business man or a
professional man, he viii have two
great assets, a bank account and
a habit Of thrift that will practi-
cally make success certain"
The bank is not, altogether a. bust.
ness institution. 1t is far more
than a business institution when
it breaches and teaches saving to
the young OF the present generation
and makes it possible for the future
generations of men and women to
start their business careers or their
home-making with a bank balance
and financial credit.
IF a savings account was started
for every child" said q Washing
ton banker, land. If the account was
added to regularly, even by
modest amount, until the child
reached the age of twenty-one this
world would be good deal better
place to live in