Evening Republican, Volume 22, Number 166, Rensselaer, Jasper County, 16 July 1919 — To Build American Prosperity on the Impregnable Rock of Economy [ARTICLE+ILLUSTRATION]
To Build American Prosperity on the Impregnable Rock of Economy
BY THE WIFE OF THE JUNIOR SENATOR FROM NEW YORK
How many of the women who worked so ardently for the war are now working with equal ardor for peace? A certain service is badly needed just now by our country. It is a vital service and can be performed at no loss of time and at a monetary gain. While money is needed by the United States to carry out the extensive program of readjustment which peace brings in its train, a part of the readjustment program and one which is far more important than just the gathering of money is the great task we have before us of learning what intelligent thrift is and put-
ting our knowledge into such effective practice that we shall not only eliminate waste during 1919 but shall accustom countless generations of Americans to build prosperity on the impregnable rock of sensible economy. The savings division of the United States treasury is calling upon every person to model life on the following lines: To save intelligently, to spend wisely, to avoid waste, and to invest safely. It may sound easy, it may sound like things you have heard often before, but apply it Conscientiously for a week to every bit of time, energy and money over which you have control, and you will be amazed to see the immense amount of personal readjustment there is waiting for you to do. And. every individual who brings this power of thrift into his life adds just that amount of vitality to the life of the nation. Besides pointing out the particular mountain at the peak of which is a promised land for every climber, the treasury is furnishing an easy and convenient ascension by means of Thrift and War Savings stamps. Through them the smallest saving can be converted into a profitable investment. Twenty-five cents buys a Thrift stamp and sixteen Thrift stamps are exchangeable with a few pennies additional for a five-dollar War Savings stamp, bearing 4 per cent interest compounded quarterly. In other words a War Savings stamp bought now for a trifle over four dollars will be redeemed for five dollars five years from now. But of course, if necessary, they can be cashed in at any post office on ten days’ notice. Taking the maximum purchase allowed —two hundred War Savings stamps—-a little over eight hundred dollars invested at convenience during the year will return a thousand dollars January 1, 1924. War Savings stamps indeed offer the best and safest small investment. ' It must not be forgotten that besides this personal monetary gain there are two other distinct benefits. The money thus loaned the government is accomplishing those tasks of national readjustment in which every woman should be just as eager to do her share as she has been in serving for the war. Lastly, while accumulating W. S. S., often with just odds and ends of unnecessary expenditure, we are acquiring firm habits of sensible economy on which depend our own and our country’s future. This is truly a special- post-war work for women, who are directly responsible for thd ideals of the next generation. Let us make a nation of wise spenders and farsighted savers. No child will rest satisfied until he has acquired enough “Thrifties” to fill his card. And when that is done he will not be content until another card has been begun. If you want to train your child in the all-paying ways of economy, start him today with a 25-cent Thrift stamp.
