Anti-slavery bugle. [volume] (New-Lisbon, Ohio) 1845-1861, 1854-10-21
Miscellaneous.
From the Typo Of the Times,
MONEY GETTING AND MONEY SPEND.
INu.
GETTING MONEY B SPENDING IT,


expenditure amounts to an Investment. An Illus
trttion Of this is seen at yellow Springs, Greene
Co., o., where Antioch College is located. Judge
Mills, the principal land holder of that vicinity,
seems to be the only man who understands tie
mode of making money by expcnding it. When
tho College was offered to the tuAn that would
contribute tue largest amount, Judge Mills sand,
cit must come here, aud | have $4,000 lor It,"
The location Of the College soon brought n great
accession Of people, who secured lots of him.
Then he said, We need 4 good school house, aud vi
1t went chiefly on his own money. Then hc SAM,
wc need a female seminary, and be drew upon
himself for $4,000 to erect IL building ct curious
architecture for that purpose. Still the People
continued to come, and the Judge found his land
deficient. lie purchased another tract. Lid out
and graded the streets, lined them with shade
trees, left many of the old oaks, which he got
trimmed and topped ut considerable cx pcnsc. All
this cost him something. But with Il truly eulight-
enod eve, he said, This is the way to make my la :
bring a high price, aud be reasoned rightly. The
profits of such investments have been very great.
Very few men understand this. Land holders are
generally the greatest enemies to the progress of u
town. They hold their lots at high rates, without
doing anything for the improvement of the place.
Judge Mills has made two dollars 10y his iiberality
where he would have made but une by the usual
course. If the people Of all neighborhoods would
take notice OF this, erect good highs, houl houses,
and employ good teachers, they would fud the
whole cost four times returned in Advancing the
value Of their property.
i littlc explanation will make this evident to all.
Ia the first place, the most intelligent are generally
the independent in pecuniary means. They know
that the best investment for II child is in his head
lin good education. knowledge is power, and
mental development and discipline, afford the su,-
creign power ever the material as well as spiritual
prosperity IF the individual. The Intelligent,
therefore, who appreciate this subject, will not
settle where the people care little for education.
They will sacrifice natural advantages and money
Gov tho saba nf q reSilnu4n NShara tia Inst C.hA,l
houses and teachers are found. They will pay
fifty dollars an acre for land in such Il vicinity,
while they would not take better land as a gift in
y neighborhoOd where the people are stupid, and
think more of cock-ighting and the dram-shop
than they think of education science, and the i'm.
mortal. An ignorant and stupid vicinity, where
there are bluckheads instead OF hooks, ana %loa(ers
instead of literature. attracts only a like pOpula-
ton, who are generally poor and unable to pay
good prices for property. No matter what are the
natural advantages of such a community, farms
are not in demand.
Any one may thus perceive that any amount of
money expended in the means of education would
be duubly returned in the value of the pr perty in
the neighborhood. Suppose there be II vicinity in
which there are but poor schools. We vii! sup
pose, what is usually the case through the country,
that the farms are worth, and will sell for, S35 per
acre. The vicinity is three miles square, making
the distance from the centre to the most distant
residence only about two miles. This will afford
so farms at from SO to 100 acres each. The popu
latiOu would be 400 farmers and about 200 me.
chanics, counting their families. The number u
families is lao. Suppose that on nm average the,
contribute 500 each toward n higll-schoOl. TIN
would make $1,000. Let $4,000 be expended il
suitable buildings, and the balance in furnishing
school with maps. diagrams, and an ample phil0s
optical apparatus. with the beginning If IL library
which is to be increased by an annual tax of 81. 600
Every farm would rise IN value to S45, and ever,
mechanics residence his three on five acres apt
his house, would rise in the same proportion
Within q mile of the centre the farms would rs,
from $50 to $50 per acre. At an average of S45
however, there would he II profit out of this educa
tiOnal investment of S0I 800, or over four time
the amount expended. Is not this a good interest
Would not such an investment he approved by til
shrewdest business calculatu-?
This is no chimera. Look at College Hill seve,
miles from Cincinnati. About 500, 900 have bee
there expended i'll two cI.lcgcS, IL III tie and female
The lnn1 within two miles round has raised j
value ON the average ui SlO0 per acre in cunst
quence-making for the owners of the soil owe
S50O,OUO! Was not this IL good inv estment? Til
misfortune Is, that those who spent the money d
not make the profits in this case. The owllc,s u
the land did not build the institutions. Loon {
your own neighborhoods if YOU would make none
by expanding it.
Any man with $500. 600 can select INV health
vicinity, purchase 600 acres of land, and. by eS
pending 100000 in the means of thoruugl, educ,
ton, find himself with $4,000 in ten wears, II
could not make money more rapidly in any uthe
mode. lie would MAKE ut least twentl tive ne
cent on his whole Investment. Would not that 10
making money by eXpendng it?
The business man who depends upon the com
nunlty Tor patronage, will, in the course of lei
years, find all his expenditures for valuable i'm
proyements, returning "a heavy interest, and, At IT,
same time, he gets the credit Of great gen eruslt,
The people say he is not a worshipper Of mani
mon.
This rule Of spending money for the purpose Il
making it, will hold good for Il century to cune-
rs long ~ the people of so mmy netghbnrhooI
shall be negligent OF the enterprise. When ever
vicinity shall have the best possible facilities e.
education the rule will fail. AT present the edu
~cational comm nifty draws from the surruunaln;
country. Many people will continue to unwitlngl
put money into til. pockets of others.
This school illustration is good for any other val
liable Improvement. The farmers have been utrau
to make money by ezpeudng 1t III railroads. h.,
cry road in the West, uf one hundred miles length
that has been constructed, has added more thai
twice it's cost to the land within five miles ON eacl
side. Had the farmers built the road they woul,
have q good property in the road, yielding ut leas
8 per cent, and, besides, more than 200 per cen
profit in the rise Of their lands.
Some persons make money by freely expending
it in ioasting and bribing Legislators to give then
lucrative Offices, or jobs upon public works. The
rich bachelor, MoDonough, referred to in IL prcyi
Gus chapter. pursued this course in LAYING the busi,
Of his fortune. This is n vile method.
10 close this Essay, let it he said, that, the
double tile might imply separate chapters on
Money Spending. But the reader will see thai
the spending If money is treated in conjunction
with the getting Of muney. The moral principles
bearing upon both have been set forth. Every
reader is invited to perlse and c]riticise the f,regi-
ing pages. The author is satisfied tnat all who
can diyest themselves Of prejudice and narrow sci
tishness, will heartily assent to the doctrines ad.
Fanced.
The Essay has been written during the intervals
Of hard labor in improving a country home, aud
may not be rs complete in system, nor as careful
in style, as if produced with all the surrounding,
Of a constant student.
WHAT ARE WE COMING To ?-The New York Evan
relist c Intains n list of all the names dubbed with
d. ID. or L. l.. d. by the different colleges in tn,
United States. during the present year. The tota