South Bend News-Times, Volume 37, Number 88, South Bend, St. Joseph County, 28 March 1920 — Page 23

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Thrift began long before money was invented. Thrift began as soon as men realized that it was necessary to provide for tomorrow as well as today. The thrift habit teaches a man to earn largely, so as to be able to spend to best advantage in the time of need or opportunity.

Money isn't everything. It can't always buy health and happiness, but if by your present thrift you are able to get into comfortable circumstances and banish the WORRY OF DEBT, you will surely be taking a great step toward providing for future happiness.

lhritt means more than the av erage

person realizes. In the first place, it

30ES NOT mean miserliness irrub-

hing, squeezing, and saving every possible cent at the expense of self-respect, comfort and health. At times spending instead of saving may be the wisest. Thrift at once earns and saves with a view to wholesome and profitable expenditure at a fitting time. But the actual accumulation of money is' the outward and visible sign that a person is really thrifty, and, although thrift means more than just saving, TO A LARGE EXTENT SAVING IS THE MEASURE OF MAN'S PROGRESS. A New Yorker who owns real estate worth $20,000 said that this property represented what he had saved by shaving himself and blacking his own shoes. This may sound strange, but it will figure out all right if you take wise investment into account. Try it and see.

WISE INVESTING IS THE KEY TO SUCCESSFUL SAVING. $10,000 in gold buried in the ground or the same amount in bills hidden away under the boards in the floor will not accumulate a single cent in a thousand years. Saving by investing does not mean plunging or taking chances. It means putting your money away SAFELY so that it yields a STEADY and SURE return. It means letting your capital work so that it receives good wages and no penny of it is ever lost to you, your family or vour heirs. The man who has a surplus or the man who can manage to save a few dollars each month can invest it to a better advantage now and with positive certainty of a larger income from it than for many years. The most important job ahead of the people of the United States just now is to save money. Julius Rosenwald, Chicago philanthropist and head of Sears, Roebuck & Company, in a recent newspaper interview, said:

"Americans are the most reckless spenders in the world. The average man in this country is spending every dollar he makes, and maybe more. The man who follows this policy is facing poverty7 every day." Mr. Rosenwald was asked to define "thrift" and replied: "I don't know what Webster calls it, but I would say that a thrifty man is one who spends less than he earns." As a nation we have departed far from the old-fashioned idea of economy and thrift for which the American people formerly were noted, and there seems to be among people a growing tendency to trv to regulate the income by the expense instead of the expense by the income. Thrift will provide during life and after death for loved ones. It guarantees the lowest price for that which you must buy. It provides for any business emergency. THRIFT PROMOTES COURAGE AND SELF-CONFIDENCE. THRIFT UNLOCKS THE DOORS OF COMFORT AND PLENTY.

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