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Show Saving Habit Established Many conditions new to America and operating for the betterment better-ment of the country as a whole have been brought about as a result of America's participation in the. world war and the successful conclusion con-clusion of that event. Taking everything into consideration, probably the most pleasing "of all these new conditions is the saving habit established among the great mass of the country's citizenship as a result t the - widespread investment in governoient bonds. 3 It is estimated that approximately 22,000,000 people invested j in the bonds of the fourth Liberty loan, while millions of others j have contributed their mites in the form of purchases of Thrift J Stamps and baby bonds. ? . Doubtless a very l.irge percentage of these investments in i Liberty bonds represented tliefirst savings or me purchasers. This is indicated, to a great extent, by the fact that although the country has subscribed to approximately 1 1 5, 000,000,000 in Liberty bonds, the amount of money now on deposit in both national and state banks Is greater than the total deposits at the time America entered the war. Of course, it Is known that of the billions of dollars spent by this country In the conduct of its portion of the war work and of the additional billions loaned by America to its allies, practically all has been retained in this country and directly resulted in the creating of what might he UniuJ umpund prcfiU. The fact, however, that bank deposits now are greater than ever-before would Indicate that, in addition to the newly acquired saving habit of the American people, millions of dollars has been brought out of hiding and placed in circulation. . These new conditions must e taken into consideration "In coii-nfction coii-nfction not only with the buying power of essentials in the imme-, imme-, diate future, but with the whole future of trade and finance in America. Most certainly they wlil mean that hencefoVth there will be fewer "rainy days" in this country than have been experienced in the past, and in that there Is cause for national congratulation. t |