Show AMERICANS BEGINNING HABITS OF ECONOMY It has been pointed out as evidence of how strongly the duty of saving had been impressed upon the English people people peo peo- pie by the war-savings war campaign in that country that in the year ear 1916 although al although ll al- though purchasing billions of dollars of war bonds the small savings-bank savings depositors in England increased their deposits in savings banks over 60 this in face of the fact that the English have been noted as a spending rather than as a saving peo peo- pIe It seems that a similar process has taken taleen place in America Two great Liberty Libert Loans were floated in they ear just closing and nearly of Liberty Loan bonds were purchased by the people Yet instead of being depleted the savings bank deposits of the country have been increased The president of one of the large New NewYork NewYork NewYork York savings banks is quoted as saying saying saying say say- ing on December 20 1917 One of or the most remarkable things about the Liberty Loan campaigns is the small effect the they have had on the savings banks accounts which show a an ad increase This we la lay r to the appeals appeals ap ape ap- ap peals made to the American people to purchase the bonds out of their earnings earnings earn earn- ings paying for them from week to week or from month to month The I people appear to be doing as the they have been urged purchasing the bonds from current savings i |