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Show THE PEOVO HERALD, WEDNESDAY, JANUARY 11. 1622. ' BE SHOULD WAGES HOW TELLS T EXPER BUDGET (Editor's Note The December Issue of the "Dynamo," a magazine published by the J. C. Penney company, 370 Seventh avenue, New York City, contained an article ef more than passing Interest. Prof. D. Walter Morton, the writer, dealt with a very timely and topic, "The Family Budget"; econ-' In these days when strict of habit the become should omy W per cent of the families, it would be well If the spirit of the facts of the article might be understood and practiced by a larger number of American families. Believing; this article will prove (beneftelal as well as be appreciated by the readers of The Herald, we are publishing It in full.) By O. WALTER MORTON. Erery family should have a budget. Every family should spend its Income The smallest income systematically. leave no room for careless and Inthoughtless spending. Even large. comes need to be managed carefully, If they are to be properly conserved and leave a uargin for safe investment The family, then, Bhould have a budget to guide its expenditures and should plant for Bavings and Investment The budget is the spending plan of the family aad careful adherence to it should mean ultimate accumulation of some tangible evidence of thrift in investments and provision for education of children and protec tion for old age and the period of lessened earning capacity. The government thinks this subject so important that It has issued a pamphlet urging the housewives of America to adopt the budget system It bas adaptIn family bookkeeping. ed the budget system and has asked an General experienced Dawes, banker and financier, to establish the proper budget The result already indicates that a considerable saving will accrue to the government. Newspapers and magazines are advocating the adoption of the budget for family finances and the American Bankers association Is now distributing Information on this same subject. Alexander C. Robinson says: The family, not the Individual, is the unit of which the nation and civilization are built Everything depends on the education and nurture of the next generation in normal, happy, and reasonably prosperous homes. The war has brought enormous unsettling a mental state of unrest and extravagance of all classes which Is most demoralizing. Added to these there bas been a wanton waste of capital in the war which demands the rebuilding of capital reserve to permit the rebuilding of a devastated world. It is largely to the savings or the average American family that we must look for this new capital. We give herewith a number of suggestive budgets. These are based on fao-tor- FAMOUS SURGEON GETS .U. S. LICENSE c Certain physicisrnj maito U ko Tor br. Lorcni, Tamou bloodless surgeon in tuc world, when he came to America from Atwtria to treat lime children svfftrirrg from hip disease. They said he had no license to practice. Finally. New Yoric state issued one to him. and flic picture tnpwi hurt witth important document in hand thcHt PEBSTeAVING PENITENTIARY monthly Incomes of $75, $100, $125, $175, $200, $225. and $250. The monthly budget is suggested because most people would rather have a monthly The monthly expenditure program. budget allows more frequent comparison and checking of expenditures. The budgets given are shown In the table at the bottom of the page. Borne provision for savings Is urged, even with the lowest Income, for the habit of saving should be developed from the very first The savings, as proposed In these budgets, about 1 per cent per month until the incomes reaches $125 per month, when it Is suggested that the same percentage be used until the Income reaches $00 per month. At $250 per month, the savings are placed at 10 per cent. Tha amount of savings thus Is Increased with the increased income. The Insurance item in the budget is considered a real necessity. It is actually an addition to the savings, at least for the amount of the cash surrender or loan value each year. This amount Increases with every additional premium paid. Provision Is made for health, amusement, and charity. All these things should be carefully considered and some place provided for them in every family budget. As the income grows, the percentage allowed for these items may be lowered. Education is separately provided for, because every family should have available some educational reading matter . When there are children, it is always necessary to supply playthings, books, encyclopedias and other items of an educational nature. Fuel, water and light are shown apart from the rent budget. It is often advisable to keep comparative records for these Items and each. should be provided for monthly. In the summer months ice will replace fuel, for ice is a summer necessity in most sec tions of the country. The clothing budget we think, is fair and should be adequate for the family of average size and income. We think of a family of five in proposing these budgets. The miscellaneous budget is to take care of extra items which are bound to occur In every household, such as laundry, household help, telephone, additions to furniture or repairs of new light bulbs, light furniture, mantels, occasional plumbing repairs and supplies of various kinds. This item Is decreased m percentage but the amount allowed will not be mate rially decreased as the Income be comes larger. U. S. Labor bureau statistics indicate that the average Income for a family of the size we have assumed rs $1,434.86 per year, or $119.63 per $.25 month. This figure Is close to the Insurance . $125 per month ineoeae figure and we Amusement uxe the same psreestaces ior inai;aucauun budget The monthly budget for tnis Health income, using approximate figures, Charity Fuel and water would be: $ $0.00 Light Food 84.00 .Miscellaneous . ... Clothing 24.00 Rent 8.25 Total Savings ! IT 20 UNI 15 15 5 7 3 3 3 3 20 IS 6 8 30.00 16.00 6.00 225 3 3 8 6.00 2.00 3.00 2.25 235 1 11 7 7 2 8.75 8.76 3.00 3.60 1.00 0 tt 1 25 20 20 7 7. 2 2tt 2 3 1 1V 100 , 3.00 3.00 2.40 . 3.60 . . 1.16 $.88 H0OTCH HQUIIDS BEWARE Q? UE0I A 6 IsTBo 25 20 20 7 7 30.00 30.00 10.60 24 tt 3.12 3.12 2V4 2 2.60 2 3 1 7 376 2 1.25 9.40 7 10.50 3.75 3.76 3.75 8.00 4.50 1.60 11.25 $023700 155 $150.00 . Ul V4 a 1 MONTHLY BUDGETS. fc "$Too" $175 Food 25.00 25.00 TOO" SUGGESTED Clothing ....... Rent ... Savings Insurance Amusement .... Education Health Charity Fuel and water Light Miscellaneous . Total 20 20 8.00 3 2.25 3.00 .75 8.25 U25 "$3l3o "TOO 15.00 11.85 3.75 5.25 4 . MONTHLY BUDGETS. W, Food Clothing Rent Savings Insurance Amusement . ... Education Health Charity Fuel aad water.. Light Miscellaneous .. Total 3.00 .$119.53 1 SUGGESTED . $43.75 35.00 35.00 12.25 12.25 4.37 . 4.37 4.37 3.50 5.25 1.75 13.14 20 20 8 8 1 10.00 5 2 2 3 1 5 TOO $175.00 por W 20 45.00 45.00 18.00 18.00 5.62 6.75 5.62 4.50 .76 2.25 2 5.00 6.00 6.00 4.00 6.00 2.00 IVt 3 $250 $225 $50.00 "2T 40.00 20 40.00 20 8 16.00 8 16.00 25 3 2 3 11.25 $200.00 100 $225.00 20 10 8 3 3 2 2 3 1 3 100 "$1510 50.00 60.00 25.00 20.00 7.50 7.50 5.00 6.00 7.60 2.60 750 This is the mayor of airport. O, an important harbor on Lake Erie across from Canada. The bootleggers in fast motor boats bring whisky across in three hours, and have made Fairport a booee headquarters. The people have elected Miss Amy Kankonen, aged 23, mayor and sfce 'is pledged to put the bootleggers to flight. Picture shows her making a chemical test of the contents of a bottle. $250.00 OUR 98c SALE HOW AH AIRPLANE BOMB DROPS IS NOW ON You have never had more wonderful bargains. .Come in and get your share. All this week 8 20c Fleece, 7 yards for ny2c Apron Gingham, 7 yards for 22y2c Flannel, 5 yards for 25c Dress Gingham, 5 yards for 19c Percale, 8 yards for 25c Percale, 20c Outing, 6 yards $1.25 Night Gowns 25c Outing, 5 yards 36-inc- ' Now, yon thought a heavy bomb dropped from as eHwe fcS like made ky "SesntiSc Asaer-tsa'.a- ad flumsiet didn't you? This picture-diagrawitb tmt which We pant by special arrangtmeat tujUnav a pa emjt airpiaar or Dorset, snowy that a released posw travels a I wtsto I0d wa skywty m, "V tum;to,ta h, 4V2 for , yards ior ... . ggj go ggj SL ggj Jg gg "SlU '.raw for Unbleached Sheeting, 7 yards for. $1.25 Ladies' Silk Hose $1.25 lien's Unit Ties 20c Men's How, Mack or brown, 8 pair for 20c Men's Linen Collars, 8 for $1.25 Broom 17V2c g 5ai V&P STORE THE PEOPLE'S W. r HOW AM TBI S. KITCHEN, Prop. 113 North University Ave. EALLEiJJ MI-GHTjr. w w - 1PHOTO HAVE YOU S2SN THEM? 50c PER DOZEN We have just added to our studio equipment, which enables us to make One Dozen Photos for 50c, finished in 24 hours. Everyone considers it quite a novelty and a privilege, as it has been years since the people of Provo have had this opportunity. i"? 6 COME UP AND SEE THEM Saunders Studio AUTOCASTER Photograph taken In froet of the Federal prison at Atlanta when the walked out a free man. pardoned by President Harding. leader Socialist . . ! la i . i r j oie ucu. )IK Otners in inc (roup arc socikiist iricnus r-- ft it Upstairs. This U Germany's molt povKful dreadnaught battleship, the "Odin," bwlt just at the end of the war.) now a freighter. Ths'Odin" is shown steaming through the Kiel Canal with a deck load of locomotives. "The House With a Guarantee" 44 West Center Street. v. ft m Thursday, Friday and - aid RedBcMoes Saturday-Sweep- ing IP Prevail! Offered One lot of Work and Dress Shoes, values to $6.00, for One lot of $12 Shoes the famous Crawford's $10 and for GIRLS SHOES BOYS' SH03S MEN'S SHOES $2,45 $5.95 Gome Early. Oae lot wis wip to $4.00 ior One lot values up Lt$&60 $1.98 $3.45 One lot values to $3.00 One lot values $5.00 for if One lot of Children's $1.89 Shoes for ;$i.3a S!.S"o $2.98 i Biioniber Sale Starts Thursday at 8a.m. rvi 1 uvu "Muff Soil mseim |