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Words to save by, at least when we wrote them in 1938. Consumer Reports' current staff and readers offer money-saving tips on page 16. But first, a look at our advice from past rocky financial times. So much has changed, and so little.
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August 1938. "If your son reacts to the summer and vacation months with such vigor that he runs through a pair of sneakers in six weeks, try him out on Penco Air Cooled. At 98 cents they should outlast various nationally advertised brands selling at prices up to $1.50."
January 1939. "It is, of course, quite unnecessary to invest your money with a company which is not subject to responsible supervision either from its trustees or a govern ment agency; which mysteriously conceals the nature of its securities; and which penalizes you heavily for failure to make payments."
April 1945. "This is ...