United States Must Finance Itself and Promote Thrift
A historical essay notes that savings banks grew from 246 banks and 8 635 depositors in 1820 to about 10 500 banks with nearly 100 million depositors, urging a nationwide thrift campaign as the U S faces postwar reconstruction and global financing needs, led by the American Bankers Association.
MENTIONED IN THIS ARTICLE
United States
France
Great Britain
American Bankers’ Association
Live Within Your Income Keynote of Thrift Movement
The piece argues thrift over extravagance as essential national and personal virtue. It contrasts ancient Roman waste with modern American insistence on saving, urging character and economy to build future wealth and strength for the nation and individuals.
MENTIONED IN THIS ARTICLE
Rome
Britain
America
Europe
New England
Thrift campaign marks start of savings banks movement
A century ago no bank welcomed thrifty homemakers to save small sums. In 1816 the first Savings Bank opened and in 1916 the American Bankers Association launches a national Thrift Campaign. Bankers urge school savings banks and regular allowances to teach girls and boys budgeting, with cooperation from YWCA and domestic science groups. Emphasis on home thrift beyond mere saving money.
MENTIONED IN THIS ARTICLE
Savings
United States
American Bankers Association
Savings Bank
National Housewives League
Waste Reduction and Thrift in Business Practices
Analyzes how waste in labor and materials undermines profits and outlines methods to cut cost. Cites examples from railroads and pulpits thrift campaigns, stressing daily small savings, budgeting, and the impact of disciplined spending on long term wealth. Includes figures on mortgage investments and retirement timelines.
Thrift In the Office
Large employers of office help face cost cuts for supplies. A new eraser is issued only after returning the metal center of the old one. The stump of the old pencil becomes an order for a new pencil. Ink is kept in nonevaporating wells.
Easy to provide for your old age
A vintage investment plan outlines how a twenty-something earning $20 weekly can grow to $17,779.22 in 28 years by depositing $5 weekly, rolling over to six percent mortgages, and reinvesting mortgage interest. The proposal emphasizes steady savings and cautious reallocation to generate over $20 weekly income.
MENTIONED IN THIS ARTICLE
Saturday Evening Post
American Bankers’ Association
Do Not Carry Money With You
A cautionary piece urges reader discipline in spending. It argues that carrying no cash helps resist temptations, while a full purse tempts impulse buys. The guidance promotes banking to enforce restraint, noting money in a bank cannot be spent directly.
Also Mentioned on This Page
Western Railroad
Chicago
Pennsylvania Railroad
Speedway
Corona
Independent
Main Street
the Speedway