Jasper County Democrat, Volume 22, Number 28, Rensselaer, Jasper County, 5 July 1919 — GALLS THRIFT GOOD FOR ALL BUSINESS [ARTICLE]

GALLS THRIFT GOOD FOR ALL BUSINESS

R. E. Springsteen, W. S. S. Director for Indiana Outlines State Campaign for Present Year. Indianapolis, Ind., June—Thrift Is not only good business for business, but is good business for every city and every county in Indiana. This is to be the text of the 1919 campaign for War Savings stamps sales in Indiana, according to State Director Robert E. Springsteen. “We are able to show, from results obtained here in the state last year," said Mr. Springsteen, “just how the thrift campaigns work out for cities and counties, as well as for Individuals. These campaigns help not only Individuals, but whole communities. “Marlon county’s savings banks and trust companies last year Increased their deposits almost two million dollars. These deposits, representing savings in the main, were made despite the fact that Marion county subscribed vast amounts to the Liberty loans and bought large quantities of Thrift stamps. What is true of Marlou county is true of the other counties. “These added. deposits Increase the business strength of the community. It was the savings habit, embodied in the War Savings stamp idea, that produced the Increase, and we expect to hammer this Idea home all over the state.” Mr. Springsteen called attention to the record of Jackson county, as described in the Columbus, Ind., Ledger. The Ledger, editorially, said In a recent Issue: „ “The thrift that enabled the country to buy the stamps and bonds Is now going ahead to keep the country on a stable business basis. People of the United States did not content themselves with buying the billions in government securities. ~They added to their bank deposits as well, with the result that now, after two years of war conditions, the country has more money on deposit In banks than ever before. This Is true of the nation, the state and Bartholomew county. “Jackson county, our neighbor on the south, Is a good example. With 125 War Savings societies busy putting over government securities In the amount of some four million dollars, the county increased Its savings bank deposits from approximately $1,800,000 at the beginning of the war, to some $3,300,000 at present. These added savings will MAKE BUSINESS for Jackson county.”