Show i L- L Q Increase in S Per Capita Wealth il I I By RAYMOND B. B FOSDICK i What considerations guided men to the 2673 per cent increase In the wealth o of the United States during the two sixty-two years Jears ears between 1850 and 1912 Our per capita wealth was estimated at 69 In 1850 It was estimated at Itt 1963 13 In 1912 There has been a steady in increase increase increase in- in crease since that time yet jet the above figures should b be sufficient t to reveal roveal ea the eb CIg y i great I Increase e ev which v has taken a place l and cause us to pause and ponder the principles which have guided men to this remarkable achievement If It wo we analyze the situation carefully we will find that sound investments have played a leading part Under the froth of at more conspicuous Investments of or a n. nature has been steadily growing a less conspicuous body of In in- in vestments are present most if it not hot all of the elements essential to a a steady Increase in per capita wealth These elements element as its s Lawrence La Chamber lain has bas pointed out are as follows 1 1 Security of principal the the l-the the certainty that the money invested will be returned some time In the future 2 2 A A. fair tall income return A that 3 the Stability la income ty of will the Income be mc paid the promptly a assurance at stated intervals and that the rate of I Income will not decrease during the tire life of the investment 4 the Marketability the QU quality tty which makes it possible for the investment to be e converted Into available funds 5 5 Value as ns collateral collateral value value clent dent to make maUe the tile Investment useful security for a a. loan as a 6 G. Exemption 7 Freedom from care simplIcity care simplicity of at 3 administration 5 S. Acceptable duration 9 9 Acceptable denomination 10 Potential appreciation the appreciation the chance that hat during the life of the investment its market value will be Increased Let us cast east about for opportunities to h in a a. a manner tha that t secures to us the he benefit of these fundamental con- con It If we do we cannot escape the he fact that the savings and investment investment invest invest- ment opportunities afforded to us' us by the o- o c government eo through postal savings savins and o treasury savings certificates combine as many of or the elements outlined above as are usually of ot Ing a a. aCO conservative concern to those makIng making mak mak- tion ot of thrift approach to the question question ques- ques |