The Glenwood Post

Uncle Ted's Bed Time Stories
Current Events for the Children and Grown-ups, Too

UNCLE TED TELLS
A STORY ON SAVING

'I don't see why I can't have a quarter tonight,' said Jack, teasing his Uncle Ted for money. 'I want to take Freddie to the movies and I haven't got enough to get in with.'

'Jack, you are just like nine out of ten people in this country today,' answered Uncle Ted. 'You want to SPEND, SPEND, SPEND all the time. During the war you, even as a little chap, were glad to help save. People everywhere saved and bought Liberty bonds and War Savings stamps and learned the real meaning of thrift. But with the war only a memory to many people, they have not only squandered the Liberty bonds and savings, but they themselves know that they are living beyond their means. In other words, lots of them spend more money than they make, and that cannot last long before something disastrous happens.

'So it is with you. Within ten minutes after you got it you spent a dime I gave you tonight for your savings bank. That is the wrong way to start in life. Individuals cannot get ahead that way and neither can a nation. The extravagance of the government during the war left one of the tremendous problems for President Harding to solve. It was one of the big tasks that helped kill him long before his time. But with the aid of his advisors and the thinking members of congress, big steps were made toward saving money, not only for the government but for the people themselves. Those savings have led Chairman Martin B. Madden of the House Appropriations committee to say that he has worked out a plan, a 'practical plan' he calls it, to present to the next congress, that will greatly reduce the already reduced taxes. What greater service could be given to a country than that?

'Mr. Madden's statement came after he held a long talk with Secretary of the Treasury Mellon. Mr. Madden feels that the wonderful savings effected by the present administration will make possible lower taxes, and it is with this idea as a foundation that he will present his plan to congress in December. From this we can see that President Coolidge, carrying out the plans of the late president as near as is possible, will have the fine support of Mr. Madden. You will probably remember that at the last business meeting of the government attended by President Harding, the late president said that he hoped the estimated amount needed to run the government for 1925 would not be more than $1,700,000,000. This was to be exclusive of the amount needed to reduce the public debt and the money needed to run the postoffice department. This would mean that the money to be appropriated by congress should be $126,000,000 less for 1925 than for 1924.

'When we see this spirit of cooperation between the president and the heads of the various government agencies, together with the chairman of the big House Appropriations committee, it is up to each and everyone of us as citizens to give our help, even in the smallest way. Some can help more than others. I hope that the Democrats will cooperate with the Republicans to make economy a lasting policy. If they do the right thing, not only by the people as a whole but by themselves, they will who cheerfully join in and make economy a word that means something and another reduction of taxes a fact instead of something we all hope for. No one, no matter what his politics, can deny that the Republican party has earned great credit for reducing both the amount of money spent for running the government and the amount of taxation.

'Some critics admit that the reduction has been accomplished, but charge that the reduction has meant poor work in the various government departments. Let me tell you this, kiddies. the government today is more efficient than ever.

'A mighty interesting fact to me is, that the heaviest taxation in this country today is for local interests and not national. These heavy taxes are city, county and state and the local authorities throughout the nation could learn something if they studied the way the Republican administration has made reductions in the matter of spending money for national work.

'In fact, in the states where men have made the most noise about reducing federal taxes, the taxes have been increased. This is true in both Wisconsin and Minnesota. In other words, it is the old story of 'begin at home.'

'So Jack, you and Ruth take this lesson. Save your money. Don't waste it, and some day you will thank your Uncle Ted for this story.''

PEOPLE OF OUR TOWN

When Our News Gatherer gets on the Trail of a News Item, it might Just as Well throw up its Hands and Stop Running. But there's always an Item or Two that he never even Hears of, not being a Mind Reader, and that s where You come in. You tell Him

Twenty Years Ago
Items Taken From The Post Published Second Week in September, 1903

Austin Gavin spent Wednesday in Grand Junction.

Mr. and Mrs. C. M. Keck were in Grand Junction Wednesday.

Mrs. Lucy DeWitt and Miss Finley spent Thursday in South Canon.

Capt. C. V. Noble and Bert Stroud of DeBeque were in Glenwood Wednesday.

Miss Pansy Silver is learning to operate the keys in the Western Union telegraph office.

Jim Howe and Joe Campbell, the carpenters, have gone into the hills on a little hunting frolic.

Dr. Crook returned Thursday morning from his trip to New York as representative of the Eagles lodge in Glenwood.

Mr. and Mrs. John Moore and son, Desmond, left Tuesday afternoon for a week's visit with friends in Denver and Salida.

Wm. Cardnell and Judge Noonan will leave for Salt Lake City where they will attend the National Irrigation congress as delegates from Garfield county.

Mrs. Hughes of Illinois, who, with her mother, Mrs. Tafley, has been visiting her sister-in-law, Mrs. Ed S. Hughes, for the past month, left Wednesday morning for the east.

George E. Moran, with his wife and little daughter, Katherine Adelaide Loraine Glenwood Moran, is at the Hotel Colorado. The sweet little daughter with the numerous cognomens was the first child born in the big hotel, the all important event happening just three years ago today, and each recurring birthday the parents return to Glenwood and give Katherine a birthday party.

S. J. Lowe, station agent at the Colorado Midland depot, will leave Monday for a month's visit at his old home in Sumner, Iowa.