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Saving Is Wealth

Saving Is Wealth image
Parent Issue
Day
17
Month
July
Year
1874
Copyright
Public Domain
OCR Text

One great cause of the poverty of the present day is the failure of our coinmon people to appreciate small things. They do not realize how a daily addition, be it ever so small, will soon make a large pile. If the young men and young women of to-day will only begin, and begin now, to save a little trom their earnings and plant it in the soil of souio good savings bank, and weekly or monthly add their mite, they will wear a happy srnile of competence and independenee when they reaeh middle life. Not only the pile will itself increase, but the dssire and ability to increase it will also grow. Let clerk and tradesman, laborer and artisan, make now and at once a beginning. Store up some of your youthful forcé and vigor tor future contingency. Let parents teach their children to begin early to lave. Begin at the fountain-head to control the stream of extravagance- to choose between poverty and riches. Let our youth go on in habits of extravagance for fifty years to come as they have for fifty years past, and we shall have a nation of beggars with a moneyed aristocracy. Let a generation of such as sa ve in small sums be reared, and we shall be free from all want. Do not be ambitious for extravagant foitunes, but do öeek that which is the duty of every one to obtain, independenee and a couifortable home. Wealth, and enough of it, is within the reach of all. It is obtainable by one process, and by oue only - saviug. It is an absolute crime to be poor. It is dishonesty of the rankest kind. A young man, for instance, spends every dollar of his income : he is taken sick - what is the conaequence 'i why, his conipanion must take out of his hard earnings, money saved at the rate of twentyfive cents per week, to buy him the necessaries of life, medicine, etc., and perhaps furnish him money with which to go home to his friends, who, in their turn, must spend their savings to provide for his wants. My readers have all heard of the Communists of Paris. Their philosophy was that the man who saved should divide with the man that didn't save. Now, this is exactly the doctrine that young men set forth in their daily actions when they fritter away all their earnings and throw them8elves, when sick or disabled, upon some already overworked, industrious sister or aged parent, whose bent form bears the marks of long years of hard labor in trying to keep the wolf from the door. Thia wasting course of Hfe is, I repeat, a downright, absolute crime. Men who have for years worked in some remunerativo situation, and have squandered away every dollar, without a thought of the future, and then, when the rainy day comes, throw themselves upon the saving ones, are Communist's capable of carrying off the palm, whose counterpart pillaged Paris and slew the innocent.

Article

Subjects
Old News
Michigan Argus