Evening Republican, Volume 21, Number 137, Rensselaer, Jasper County, 26 June 1917 — Paving Way to Systematic Saving [ARTICLE]

Paving Way to Systematic Saving

By S. W. STRAUS.

Pietident American Society For Thrift

How many people say to themselves, “Next year will find me with a nice little savings account,” and then realize later on that it was like so many other good resolutions, never carried out. The time to begin is now; nothing is ever gained by indecision. Begin by doing without some one thing, which possibly may not come under the head of extravagance, and still is not necessity. It is not so much the amount you save at first that counts, but it paves the way for the systematic saving which, in the end, makes the successful men and women of tomorrow. There is no country in the world today with such vast opportunities as our own for making and saving money. These facts should be especially brought home to us at this time, considering the fearful cost of war and the increased cost of living. Secretary Redfield of the department of commerce has sent appeals to the public schools throughout the country, asking the children to save old paper and rags. “In the early history of the paper industry, he savs, “publicity was given to the importance of saving rags. It is of scarcely less importance now.” If the children would begin by saving these two things, it would be a great step in the right direction. We should teach them it is not a thing to be ashamed of, as some of our large industries make their profits from by-products. Andrew Carnegie, who for years wielded an influence in the industrial world as great, perhaps, as -any living man, came to this country practically penniless when he was twelve years old. His phenomenal rise in life may be attributed to his following clear principles and methods. In an address to students in a commercial college, he said: “Avoid speculation; avoid indorsements. Aim high. For the question, ‘What must I do for my employer ?’ substitute ‘What can Ido ?’ Begin to save early—‘capitalists trust the saving young man.’ Concentrate your energy, thought and capital; fight it out on one line.”