Word: thrift
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Dates: during 1930-1939
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Died. Simon William Straus, 63, Manhattan banker, chairman of S. W. Straus & Co. (Manhattan financiers), Chicago's Franklin Trust & Savings Bank, the American Society for Thrift, financial backer of Manhattan's Chanin and Chrysler buildings; after long illness, of anemia, at his home in Manhattan...
...oldtime virtue of thrift, now looked upon as somewhat obsolete, is, in the final analysis, the basis of independence in old age for men on moderate fixed...
There is his picture of a Boston gentleman, really rich, who has made an art of Thrift (in this case Thrift is really a euphemism for the tightest sort of penny-pinching). He has invented a device, whereby his pretty niece's 1910 model car can be propelled very reasonably on kerosene, once it has been started on the more expensive gasoline. He has had his trousers turned three times. He shares his newspaper with a neighbor. And yet he is the possessor of one of the Hub's hidden fortunes. An exaggerated caricature? Of course, but very good reading...
...Thrift...