Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1867-12-12

SAVINGS o. LABoAN0 MBN.-One q tie
savings institutions Of Brooklyn. New York.
SAYS IN exchange. reports the deposits
made BY the laboring classes at that bank
for the sis osoths sndiog Oct. lst, 1867.
amount to o1,26l.Ol7. The total deposits
Of the bank 70 those Glasses was STA. .40l.
When such results q that ere credited TO
the working nsa Of city. il 10 . proof Of
remarkable Industry and fsugslity. The
dspesits ~ . msshsnie In bask furnish sn
index Of 10 uneestain kind Of tfe chasActes
Of his habits. We do net neon that every
working mau'is able 10 accumulate steadily
in bsnk, for Ne ars we'll aware that the soss
Of living, iacludins rents to tboas who have
families, consumes the last dollar Of the me-
chanics wages in large number Of cases.
But it 10 quite certain that spsndthr'fls DO
not save. Those who srs reckless Of the
future, and waste their means weekly in
lounging about saloons, indulginE in the
profitless pleasures Of such places Of resort,
have no bank accounts. There are In every
city hundreds Of wives and children Of the
laboTing classes who know 70 their cost that
the wages Of the masters Of the families are
diverted from home. and expended in ways
that yield no tangible fruit, creating no
pleasant memories, and adding nothiag 70
the sum Of domestic comforts and joys. But
yet We arc sure that good management and
system combined With industry and econo-
my would be followed in o.jorisy Of cases
BY steadily accommodating surplus, which
would Of itself be sn auxiliary in augment
Ing yearly resources, and stepping stone
to . moro elevated style Of living. II is
stated that, from the bank We have alluded
70, the sum drawn out by the working GLASS
es during the nine months ending October
Let. Was t975.6sS. Il is farshss stated that
q least ons-third Of al the moneys dawn
out has been invested 10 ths purchase Of
real estate. On this real estate suitable
houses will bs bailt BY the surplus means
SILL aceumulating. And then, whom thus
possessed Of house and lot, the high rents
cease, and the mechsnie pays nothing but
taxes. the sums formerly annually eeusum-
I'd II rents going to swell ,he Increasing
ssedits in bank or held available for supply
| iag Increasing comforts and means Of oul-
turs to the family. Nothing pays better
than saving in the end, aud If our mschan-
les aud wosking classes would remember Il
sad practice upon il, W should very soon
hear lsss Of complaint about the want Of
houses With cheap rents. for mechanics would
become the owners Of their own tensmsnts
The virtue Of economy may be very hard
one for some people to learn. But Il can
| be learned, and whom learned men find that
the real secret Of becoming independent ID
more then in what one sdpes than in what
be mokss. Il 10 to no purpose that one
makes $4,000 per annum II he spends it
oil. He who makes only 81 800, and saves
$500, in reality mskes the most money.
That which is saved this year enables one
TO save more each subsequent year, and,
finally. out Of the prudently husbanded re-
sources Of one year, - from germ, grows
| house-lot, 4 house, . cheerful home, Z
happy family. with accompanying improv-
ing tastes and general culture. Let our 10
boring classes, our mechanics and artisans
look into this matter Of the savings bank.
II supplies the talisman by which comps-
tenc~ 10 attained and independence Of the
world. Building-lots can now be purchased
ct low figures witain the reach Of scorsa
Who now live in cemfortless tensments fou
which they pay high rents. Bargain for {
lot; save dollars monthly 10 meet accruine
installmsnts. Having such IN imperative
object in view. it will be surprising to se,
how much there will be saved that other
wise would be spent unwiselY in supplying
nero imaginary wants. And then, when
the house and lot are got, personal dignity
and respect, social influence and standing
are acquired also. Let US bcsesch you, 10
boring men and mechanics, to patronizs tn,
savings banks. 1t is the first step to finan
| oal and social oalvation.
RALPH WALDO EMERSON Was born il
Boston in 1903 lie was educated for ID,
pulpit, and graduated at Harvard in 1891
lie subsequently, took charge Of . congrs
CATION. In 1885 hc retired to Concord
whore he has since resided. In 1889 ap
peared his volume Of Nature. In July
1e40, Mr.. Emerson, in connection with 9th
ers. started 90 The Dial; a magazine 70
Literature. Philosophy aud Religion. II Va
given 10 what is known as trsnscendsnta
literature. The collection Of his "Esssy
aud Lectures" Was published in l84l On,
1874. His volume Of Poesns was issued Il
1S47. In ls48 he travelled through England
lecturing on the Mind aud Manners Of th
Niosteenth Century. Since his return b.
has written lectures and delivered them o.
I upwsrds Of oas hundred different topics. :
Ia 1850 he published : volume entities
Representative Men,. In 1852 appsare,
notices Of Margaret Fuller. 10 1855 sp
peared English Traits. In 1865 he deliver
I'd. ct Csocosd, Mas, 40 addrsss on u
Dsaah Of President Lincoln which ha
been univssAlly proneuncsd TO b the bss
and happisst pssduetiea Of The many elicit
| ID BY that mournful occasion.
Il Al sacellsnt ssitie says that Mr.. Emss