History of the Thrift Movement in America

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In this phase of thrift, therefore, we have much to learn from Europe, and it would be well if we could study in detail the methods adopted in European countries for the prevention of fires, for these studies would result in the saving, not alone of many millions of dollars' worth of American property each year, but would prevent the loss of many lives.
While many apparently contradictory conditions were found in the various European countries before the war, three facts stood out clearly to th
...e European visitor who was studying the problems of personal economics and thrift : 1. The waste of land in European countries was almost negligible.
2. Among most European peoples there was a very clearly defined impulse to save money and provide for the future.
3. In no European country was there any gen- eral waste of food or other commodities.
In each of these points Americans have, in the WHAT THRIFT ACCOMPLISHED IN EUROPE 93 past, been most deficient, but this statement is not made with any desire to join in the denunciation one hears of America for its thriftlessness or to exalt, without qualification, the thrift of European nations.


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