Wochner thrift speech 19 Jan 1923

meyersci Member Photo

Clipped by meyersci

Wochner thrift speech 19 Jan 1923 - THRIFT KEYNOTE OF ROTARY TALK Adolph Wochner....
THRIFT KEYNOTE OF ROTARY TALK Adolph Wochner. Cashier of Vnerican State Bank Delivers An Instructive Address. Francis OTHER NOTABLE FEATURES L'ran,.. JranUs uay 01 nig Thrift wua the keynote of the v.ikly luncheon ot Kotary club yesterday at the I'linois hotel. The J,.et address of the day waa oy Adolph Wochner, cashier of the A merican b'.ate Bank, and his paper una filled with interesting suges-t suges-t suges-t on! on tbls important subject. At the earlier part of the program, chairman W. K. Bracken called for i,;.orts on what the various teams .( the club were doing in regard to Ui.ir assignments of boys' work, i ! airman Charles Snow of the Boys' Wfik committee then called upon i-. i-. i-. h team in turn. Nearly all of tin m had taken up oheor mote boys (,nl were seeking to iearn ways in winch they could help the youngsters in some laudable ambition. Uuests were then introduced, and ITo arian A. J. Miller or IXinville jimke in behalf of a large attendance riuiii BloomiiiEton- BloomiiiEton- at the rii.xtiiit n etting in Danville March 21 and 22. .Mr. Wochner at the outset to d in a humorous vein how he had prepared prepared tills paper a long while ago at the request of the then president, Charles Asle, and afterward had been shunted off the program month alter month to make room fur sume better speaker. Thrift Is not a popular subject, for Us practice means oftentimes 1 s b.u rlfice and the giving up of some ' habit or desire that is deep rooted. E It is defined as economical manage- manage- . ment in regard to property. It is ac- ac- E uuired only by rigid watchfulness, j EE The practice of thrift creates the E margin between want and independ- independ- jE eiice. It is the keeping of the outgo I E within the Income. Thrift is the test I E of character. It is an asset of price- price- E less value and is to be commended to I E UlU aim ouuk The children of the rich may be ' E deprived of the greatest opportunity j E uf life, for their every w lsh ia I E gratified and they do not need to iiractice thrift. Most of the unsuc- unsuc- !E cestui men of any community who live risen from the ranks have been the sonB of poor parents and learned to practice thrift. Abraham Lincoln was cited an an example ot one ot Kieat men who early learned to practice this virtue. The World war was a great teacher teacher ot thrift. During thestj .tryi.ig times it was not considered beneath one to practice thrift. The government government was one of the gnat teachers of thrift during the war, proclaiming it through newspapers, posters and otherwise. Thrift stumps were sold mil the money thus secured by the (overnment was used for war purposes. purposes. While It taught thrift to the people in this way, the people loaned their money to their government. it this practice was wise during nar, surely it is equally so at all times. Especially is this so at this tmisk All nations are deeply in ikht, some of them bankrupt. The kuvcrmnents jay heavy taxes oh their utizea only Jto pay the interest on what'; they owe. Many children of other countries are starving or undernourished. undernourished. We by our thrift ( may sua a Ufa somewhere. It Is wise to prepare a budget fur your own household as a matter of help with practice ot thritt. Governments Governments do this, and have found it the means of making great savings. In tliit way the expenditures of each department are held down to the limit. It is doubtful If any company, family or Individual who prepares anJ . , . ,i,.,i.ii Ki,rli'r unserves a jiiuin-uy jiiuin-uy jiiuin-uy u. q .. "--a "--a "--a "--a - will ever come to financial disaster. It chows Just how far our income will go. The Income should be apportioned apportioned to difterent purposes, with a fund to take care of unexpected plotters or emergencies. To show the value o' thrift to the rountry it is cited that the 30.9UD tanks of the country have forty billion billion dol are in deposits. There are twenty million depositors iu national banks, or one to every laiuUy in the United States. More Americans have mnnmv tnrinv than ever before. The rich are getting poorer and the poor are getting richer; in other words, there is a more equitable distribution distribution ot wealth than ever before. .Mr. Wochner closed with the story of. a poor boy who began twenty years ago like a church mouse, and died worth a million dol ars, and head of a bank. This was due to his economy, Industry, and perseveranceand perseveranceand the fact that an uncle died and left the hanker $!9S.30O. Five Get Petitions ltiOJ a complications of home eleven He Ind.. to Sarah ho more dren The ' . tlr-f.evls. .Mary .Mrs. Mo. dren grandchildren. Mr. war. K. cavalry; By a bridge few work. with of -f -f 1 1 1 1 1 1 1 I

Clipped from The Pantagraph19 Jan 1923, FriPage 3

The Pantagraph (Bloomington, Illinois)19 Jan 1923, FriPage 3
meyersci Member Photo
  • Wochner thrift speech 19 Jan 1923

    meyersci – 24 Oct 2014

Want to comment on this Clipping? Sign up for a free account, or sign in