Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-05
Advice Given to Housewives
Stirs Criticism of Schwab

Charles NJ Schwab's advice TO the
jected to criticism. He said: Spend
all you canl Never mind what your
husband says. That Is the way to
spread prosperity" The theory is held
generally to be good for business, posi-
bly,, but not for the tranquility Of the
home. Some words of commendation
are given.
'Mebbe, mebbe," remarks the Detroit
Free Press, but that Is no way to
spread domestic peace and felicity or
keep down the divorce rate and the
populations of the SanitariumS ana
BOBBY matches. II the women take Mr..
Schwab seriously a whole lot OF males
now patiently living lives OF quiet
desperation are going to be transformed
into bowling maniacs with square
cornered mouths and slant eyes. AND
those that stay sane are going to pray
every night that Mr.. Schwab will run
for some office or other so they can
vote against him"
ITO spend like that might help TO
restore prosperity out yonder," thinks
the Memphis Commercial Appeal, but
it would rob good, old. hard-plugging
papa of the sense of security which he
enjoys even more than luxury" That
paper also offers the analysis OF the
suggested policy: Housewives who are
thoughtful of the happiness and peace
of mind of their weage-earning hus-
bandr have replied with something like
unanimous agreement that Mr.. Schwab
does not know what it's all about. the
majority OF wives must scheme and
scrimp to make the budget cover the
family'S requirements. A bit must be
set aside for clothes, q bit more Tor
emergencies and so on. Mr.. Schwao
in order to stimulate general business,
would surely not propose that the
keeper of accounts draw out the saw
ings which are being accumulated little
by little for possible doctors bills and
a college education for junior and spend
them"
"Many husbands. declares the Al
bany Evening News, "belieye that Mr..
Schwab'S advice to the wives OF the
land Is something like carrying Goals to
Newcastle. theoretically and perhaps
practically. too, Mr.. Schwab Is right.
but husbands may we'll ask in the slang
of the day: Why bring that up? Buy
ing does make for prosperity where
boarding does not. but the average hus-
band probably believes that wiAes will
spend all they can anyway. However,
seriously. Is it not true in many fam
lilies that the wives are the real con-
servers OF the family income? Many
wives manage financial affairs Of the
family better than their husbands.
They save where their husbands may
be careless with money. 1t Is all very
we'll to make jokes about wives spend
ing money, but 1t is only fair to give
thousands of wives credit for conserving
money. Many husband owes TO his
wife the ability to put money In the
bank"
TT Is the better part Of wisdom"
advises the Rockford Morning Star. "to
consult your husband as to how great
a balance he has in the bank deposit |
beforehand, to obviate the necessity of
his going to jail. Going to jail has
never spread prosperity. There is no
wisdom in boarding money, for money |
Is meaningless unless 1t becomes the |
implement Of happiness. or comfort, or
convenience, or benevolence. But the |
squandering Of money, which Mr.. |
Schwab lavishly suggests. Is no better
business than boarding 1t. We do not |
want the kind of prosperity which Mr.
Schwab suggests. In which money lcses
all value in frantic attempt to put 1t
out faster than it comes In. We had