The practice of thrift may result in a twofold benefit. First, the individual is sure to profit if he does not permit his thrift to degenerate into parsimony. The very spirit of wholesome saving stimulates sobriety, temperance, efficiency, and contentment. It creates a feeling of independence, tends to guard against accidental reverses, and provides for old age. Not less important, it makes the saver a better citizen, giving him an interest in society and government which he cannot have if he spends every dollar as it comes in. It is a well-known fact that a city of home-owners is likely to be a city of enterprise, of good government, and of good schools and churches. Back of all this lies the willingness of the individual to save. Second, society is also the gainer in the long run, though individual producers would feel the pinch of a decreased demand for their goods. But even they in time would as a class adjust themselves to the new condition. Society would, if thrift prevailed, possess not only more efficient and more contented members, but also a greater supply of wealth to be used in productive enterprises. No real sacrifice, it must be said, is involved, either from an individual or a social standpoint, in an increase of thrift. It makes no demand that the individual shall forego any necessity or even comfort. It does, however, stand for sensible consumption, for a judicious comparison of values, and for the elimination of waste.