Salt Lake Tribune | 1915-08-20 | Page 6 | Frugal Foreigners

FRUGAL FOREIGNERS Figures compiled bv the postoffi e de partment show that on July 1 postal savings depositors born outs de of the United States owned $11 15S 131 o 8o per cent of the $13 lo4 69o on deposit at the New York postoffice The ndi vidual depositors of foreign birth also outnumber the American born approxi mately three to one The Buss an born are far in the lead both in number of depositors and n amount on depos t w th 3 616 depositors and 4 506 984 on depos t The Italians are second with $" 53 06 to their cred t and the Amer can bo n th rd w th 1 996 64 Then follow the ustr ans w th tl 4d0 984 the representat es of C reat Britain Brit-ain and her colon es w th $8 5 225 the H ngar ans w th $ 683 the Germans $ 8,98 and the C reeks $18' 604 Oth er fore gn born depos tors ha 1 fron nil parts of the worl notablv Spa n France Sweden Denmark Norway and Tu key The percentage s probably not so much n favor of the foreigners in an other c ty of the Un ted States vet must be confessed that as a genera rule they are by far the most numerous pa trons of the postal sav ngs department of the postoffice Almost all of the n I marr ed fore gners who come over here and secure employment save some po t on of their earn ngs and as they wo Id rather tr st the government than aavone else so the help swe 1 the to tal amount of stal Mav ngs derosts The fact that the hanks It n ate y get the money does not alarn the average fore gner He has Dncle Sam s re eipt and lust at the present noment Uncle Sam s name on a b t of j aper as good as ready money anvwhere n the vorld The postal sav ngs service is band capped by the restrict ons n the o g nal postal sav gs act wh h fo b d the acceptance of more than $1 0 a month from a lepos tor a 1 fx $ 00 as the max mum a no t that n ay be accepted from n The rest oni have pro e I part c lar ly lisftprontng to the fore gn 1 or who often nsls on depos ting the en t re sa ngs at one t ne a I annot n lerstand wh the I n ted States t ernmen h I hoy have mpl t o f len p n w ng to s feg I h I art of tho a l.s an I not nl) n hem M d f Jo ars a d bv honest a o a e th s b en d en ba k n o h ng to o a hannels of ide B h fo gn d po up to the n f he na tha an o nt excess ol wha he needs f h s boa d and othes and the eb be a example wh h the An e ca wo ngi en could p of a y follow tho "h the m ght . efcr the sa s a o post off e a depo o e