Richfield Reaper | 1923-07-26 | Page 6 | President Harding on Saving

PRESIDENT SAVING president harding has often shown his interest in the savings movement and lias has personally invested in treasury savings certificates the valuable va u security issued by the U S treasury tr a department in a speech at salt lake city utah the president said the world its government its quasi public corporations its people acquired the spending habit during the war to an extent not merely un but absolutely alarming there is but one way for or the community finally to get back on oil its feet and that Is to go seriously about paying its debts and reducing its expenses that Is what the world must face the greatest and richest government must face ace it and so go must the humblest citizen no habit is I 1 so easy to none so hard to break as reckless spending and on the other side none Is more certain I 1 to contribute to security and happiness than tile the habit 0 of thrift of savings of careful management in all business concerns con cerna of 0 balanced budgets and living within incomes it if I 1 could urge upon the american people a single rule applicable to every one of themas them as individuals alid to every political or corporate unit among them it it would be to learn to spend somewhat less than your income all the time it you have debts reduce them as rapidly as you can it you are ono one of the fortunate few who have no debts nake make it a rule to save something every year 11 II would have our government adequate in every locality and in emery every activity and public sentiment will demand it and secure it and require no more it we may have the simple and thrifty life which makes the healthful nation I 1