Show for meditation by LEONARD A BARRETT ONE OF LIFES TRAGEDIES IN N OUR large cities it Is only a stones throw from homes of wealth to homes of poverty while it may auty be no disgrace to be poor it certainly Is very inconvenient money has hag become an economic necessity in ID our complex and materialistic life too much of it brings unhappiness to lo many cases the serious absence of it discouragement true a very large laree amount of ef money Is in circulation but the amount allocated to bah person Is very small and the majority do not even possess that amount when money Is easily made it Is frequently lins hastily tily and unwisely spent very little of the large incomes earned during tile war were saved many persons would today be glad to work for one ane half of what they received then the capacity to earn money may be a gift hut but the ability to save gave it to Is certainly a virtue the federal trade commission recently completed an exhaustive studa etuy of thrift among the important findings finding of this commission are the following not more than two thirds of those engaged to in gainful occupations leave estates worth more than about one third out of every hundred men do not possess sufficient funds at their death to defray funeral expenses about five persons persona out of every hundred leave an estate over these findings are indicative of two serious conditions first that the large laree wealth of our country Is more and more being controlled by a comparatively small group of per persons solis the second to Is that the file real cause for the conditions giving rise to the findings of the commission to Is the lack of thrift this particularly fsr ticul arly Is a an american social dla dill sense when america learns the per peril of waste a brighter day will dawn that lesson may have to be learned learn cil through bitter experiences but learn it we must I 1 if we refuse the tale fate of of other tier and older civilizations than our own awaits us no democracy Is socially or economically no safe until waste has been supplanted by thrift and extravagance by economy ts W we vestoris storis newspaper Now paper union |