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Show HOARDED WEALTH IN U. S. IS NEAR HALF BILLION MARK Ey S. W. STRAUS, President American Society for Thrift. T' HE newspapers frequently relate re-late instances o those who die I amid scenes o tho most object I. - 1 IM. they are found to possess considerable con-siderable sums of money. There have always been misers and no doubt there always will be. The miser is an example of un- S. w. Straus ; wise saving. It i is indeed unfortunate unfor-tunate that thrift and miserly practices prac-tices should be associated In the miners of so many persons. This is due somewhat to the fact that so much has boon said about thrift merely from the standpoint of saving, without pointing out at the same time that the proper use of money Is just as important as patting it away, j Sometime ago the United States Treasury Department estimated that the hoarded money in this country amounts to more than $400,000,000. There are 8.00Q persons per-sons definitely classed as misers with J44.00O.O0O hidden away m secret places. Among our foreign population it is estimated that 2,000,000 hoard J225,000,0JO of their earnings. In rural districts there is much hoarding, hoard-ing, the amount being estimated as high as $125,000,000. Those who assume to teach thrift, should make it plain at all times that saving money docs not mean hoarding; that thrift means the elimination of all kinds of waste; that thrift means progress, which can only come through the rightful use of money. Progress marches on, despite the misers and spendthrifts. It Is to those who save intelligently and spend prudently that civilization civiliza-tion owes most of its progress. |