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Show New Obligations Of The; I New Year A year ago we knew only victory. I ilushed with It, we looked forward I to 1919 Ignoranfof what was In I store, yet confident. We stand now I upon the threshold of 1920 still con-I con-I fideni, yet In the light of the year I (hat has gone, viewing clearly some I of the colossal economic and nation I s.1 problemo which we must meet I and conquer. H On June 30, 1920, we shall have as accurately as the treasury" depart-, ment can figure, a national debt of twenty-six billions or dollars, the greatest total which has ever stood against us on the debit side of the world's ledger. We shall have to pay that debt. A national debt of twenty-six bullions bu-llions of dollars Is of the some elements ele-ments and calls for the same solution as the debt of one dollar that John Jones owes his neighbor. It is oapi-ltal oapi-ltal spent before It is earned, and It must be paid by working and saving. sav-ing. A nation America is the Mini total to-tal of citizenship. The only way we can pay our debt of twenty-six billions bil-lions of dollars Ih the way John Jones pays his debt of one dollar. Every individual must save money from that which he earns. If he doesn't do it willingly he will have to do it Under compulsion. In other words. he will pay taxes. The government does not want to increase taxes. A'g a" matter of fact it wants to reduce them. The more I money the people will save and lend to the government that much less tax-, cs will they pay. Saving now is as Important, If not I more Inipoilnnt than during the war. Tremendous production of necessities and curtailed output of non essentials Is as lniputrant now as it ws during the war if we are to regain our econ-I econ-I omlc balance. Make It an Inviolable New Years resolution to save something every day, every WMh and every month during 1020, thus helping yourself and your country." The government Is continuing the sale of Thrift and War Savings Stumps and Treasury Savings Certificates to help you do It. J BUT them regularly from any bank or postofTleo. |