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Editorial
June 10, 1921
Batesville Guard
Batesville, Independence County, Arkansas
What is this article about?
This editorial praises the virtues of saving money and self-control during economic hardship, envies savers' mindset, and discusses business challenges in meeting payrolls amid the depression. It references bankers' opinions and calls for sympathy between employers and workers across industries.
OCR Quality
95%
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Full Text
SAVING
It is a great thing to be a saver—the man who can save in spite of all the obstacles, some seemingly insurmountable, that life can give? You certainly do, we do; but right there our envy stops. We do not envy the man his money, it is his self-control, his thrift, his patience to wait and hold on when things look bad. We envy him his child-like faith in the future—all these savers have a peculiar attitude of mind, not found in the average man. Sometimes these men get the wrong perspective, and think that people are friendly with them because of their wealth—that because they have accumulated money and property that other men seek their society. They are wrong, doubly so, and should not forget that personality is the determining factor always, of those seeking friends. The man who is successful always has a different attitude of mind from the regular man of the street, in a sense he is peculiar to himself alone: to have met him and become acquainted, is to have met a new, a different personality, and "variety is the spice of life." So it is wonderful to be a saver, to build up for the future a strong character, a charming personality, that comes only thru self-denial, restraint, and the thousands and one things the rabble refuses to do. When a man has saved and reached the success that the world holds out to every saver, he must be protected in his rights for he has done something, he has accomplished something, he has been the means of world advancement, for without savers, there could be no borrowers. Be glad there is someone who saves, you cannot or will not save.
The Guard some time ago gave its space and columns to the opinions of the bankers and financiers of this community as to the probable duration of the present depression and the best methods with which to combat same. We received much valuable information and suggestions of ways and means to hold the expenses within the income for the ensuing 12 months.
The Guard has not expressed an opinion editorially, and it does not wish its opinion to be considered other than an individual one, and liable to be in error just as many of those who are "wishing for something and unconsciously make the wish father to the thought." But we do know we have to meet a payroll every Saturday night, and it is this, Elbert Hubbard has said that business men get gray and old before their time. It is harder in tight times, naturally, to meet the pay roll, but the worker wants his money and expects to see it every Saturday night, so employers very often are happy over what may appear a very little thing to one who has had no experience along this line, viz.: Enough on Saturday night to meet the men. In this connection, it has seemed to us that if every man could at some time in his life, be paymaster for a time for a business of his own, it would give him a greater sympathy with the man behind the gun. We admit many exceptions to this theory—there are men who have inculcated enough interest in their employers' business to care whether he is making a mere get-by or a living and some money, but a lot of employees don't care whether the firm or corporation is prosperous or not just so their wages as expressed in weekly or monthly figures are forthcoming when due. These things outlined apply to every line of endeavor in the industrial field from farming to banking.
What do you who read this think of it?
It is a great thing to be a saver—the man who can save in spite of all the obstacles, some seemingly insurmountable, that life can give? You certainly do, we do; but right there our envy stops. We do not envy the man his money, it is his self-control, his thrift, his patience to wait and hold on when things look bad. We envy him his child-like faith in the future—all these savers have a peculiar attitude of mind, not found in the average man. Sometimes these men get the wrong perspective, and think that people are friendly with them because of their wealth—that because they have accumulated money and property that other men seek their society. They are wrong, doubly so, and should not forget that personality is the determining factor always, of those seeking friends. The man who is successful always has a different attitude of mind from the regular man of the street, in a sense he is peculiar to himself alone: to have met him and become acquainted, is to have met a new, a different personality, and "variety is the spice of life." So it is wonderful to be a saver, to build up for the future a strong character, a charming personality, that comes only thru self-denial, restraint, and the thousands and one things the rabble refuses to do. When a man has saved and reached the success that the world holds out to every saver, he must be protected in his rights for he has done something, he has accomplished something, he has been the means of world advancement, for without savers, there could be no borrowers. Be glad there is someone who saves, you cannot or will not save.
The Guard some time ago gave its space and columns to the opinions of the bankers and financiers of this community as to the probable duration of the present depression and the best methods with which to combat same. We received much valuable information and suggestions of ways and means to hold the expenses within the income for the ensuing 12 months.
The Guard has not expressed an opinion editorially, and it does not wish its opinion to be considered other than an individual one, and liable to be in error just as many of those who are "wishing for something and unconsciously make the wish father to the thought." But we do know we have to meet a payroll every Saturday night, and it is this, Elbert Hubbard has said that business men get gray and old before their time. It is harder in tight times, naturally, to meet the pay roll, but the worker wants his money and expects to see it every Saturday night, so employers very often are happy over what may appear a very little thing to one who has had no experience along this line, viz.: Enough on Saturday night to meet the men. In this connection, it has seemed to us that if every man could at some time in his life, be paymaster for a time for a business of his own, it would give him a greater sympathy with the man behind the gun. We admit many exceptions to this theory—there are men who have inculcated enough interest in their employers' business to care whether he is making a mere get-by or a living and some money, but a lot of employees don't care whether the firm or corporation is prosperous or not just so their wages as expressed in weekly or monthly figures are forthcoming when due. These things outlined apply to every line of endeavor in the industrial field from farming to banking.
What do you who read this think of it?
What sub-type of article is it?
Economic Policy
Moral Or Religious
Labor
What keywords are associated?
Saving
Thrift
Depression
Payroll
Business Hardship
Self Control
Employer Worker Relations
What entities or persons were involved?
Savers
Bankers
Financiers
Elbert Hubbard
Employers
Workers
Editorial Details
Primary Topic
Virtues Of Saving And Business Challenges During Depression
Stance / Tone
Encouraging Thrift And Empathy Between Employers And Workers
Key Figures
Savers
Bankers
Financiers
Elbert Hubbard
Employers
Workers
Key Arguments
Saving Requires Self Control, Thrift, And Faith In The Future.
Savers Build Strong Character Through Self Denial.
Personality, Not Wealth, Determines Friendships.
Savers Contribute To World Advancement By Enabling Borrowers.
Businesses Face Hardships Meeting Payrolls During Depression.
Employers Age Prematurely From Financial Pressures.
Workers Expect Regular Pay Regardless Of Business Prosperity.
Experience As Paymaster Fosters Sympathy For Employers.
Principles Apply Across Industries From Farming To Banking.