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They can actively aid their workmen in the formation of prudent habits, by establishing savings banks for men and women, and penny banks for boys and girls; by encouraging the formation of provident clubs and building societies, of provision and clothing clubs, and in many other ways.
Thereupon came the idea for a War Savings Week, which was to be a notable rallying of all the Forces of Thrift and Saving. No grand assault on any of the actual battle fronts was worked out with greater care or more elaborate attention to detail than this Savings Drive. No loophole to register was overlooked. It was planned to begin the work on Sunday, July 16th.
I want to talk to Ralph Gaynor, at phone BA two hundred in the Dollar Savings Bank in Springfield. Yes, that's the state. I should have said so, for it's a grand old commonwealth. I'll be right here for an hour." In the lull of waiting, Aaron Logan wondered wondered how one so small hoped to depose one so fierce and stubborn. He would find out.
No one found fault with these, though some laughed and said "a penny in the savings jar makes more noise than when it is full of gold." Even when folks got married they were exhorted by the minister to save money, "so as to have something to give to the poor."
Such action will relieve present distressing pressures against home and farm property owners. It will relieve pressures upon and give added strength to building and loan associations, savings banks, and deposit banks, engaged in extending such credits. Such action would further decentralize our credit structure. It would revive residential construction and employment.
"'I, as you all remember, was the weak one the ne'er-do-weel. When all of you were grown and had homes of your own, I still remained under the family roof-tree, fed by our father's bounty and looking to our father's justice for that share of his savings which he had promised to all alike.
"His father has, during the last two years, been quite broken by it; he owned to me that he was in bodily fear of the lad, who had on several occasions assaulted him, had robbed him of his savings by means of forgery, and was so hopelessly bad that he himself thought with me that the only possible hope for him was to get him to enlist.
The result is that money is kept in hiding and unemployed. It is believed that in the aggregate vast sums of money would be brought into circulation through the instrumentality of the postal savings banks. While there are only 1,453 savings banks reporting to the Comptroller there are more than 61,000 post-offices, 40,000 of which are money order offices.
Out of 320,000 workmen and 80,000 house-servants residing in Paris, there are 230,000 of the former and 46,000 of the latter a total of 276,000 who do not deposit in the savings banks. No one would dare pretend that these are 276,000 spendthrifts and ne'er-do-weels who expose themselves to misery voluntarily.
His wife isn't a bad sort by any means, but she's no longer the same since she's been living in fear of her husband having another attack. The first one carried off all her savings, and what would become of her if Toussaint should remain on her hands, paralysed?
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