Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1867-04-08
FACTS FOR THE PEopLE-It is a terrible
thing to find ourselves old and dependent. =

FACTS FOR THE PEOPLE 1t is a terrible
thing to find ourselves old and dependent. =
This can only be prevented by adherence to
the duty of saving something in our younger
and ripper years 1t is astonishing to what an
amount small and nconsiderable sum will
swell in the course of time SUN ample to
provide for all the necessities and temporal
cares of old age, the night Of our life in which
y, man can work The Cincinnati Times al
lules TO disciple # Dr. Franklin, who shows
how individual investment may be accomplish
ed by not neglecting the day of small things.
The young should ACT at once lay by some
thing in view of the approach Of old age end
parents should enioln upon them to begin a
system of economy while young. This is the
way the writer referred to shows how six
pence may be converted into fortune:
He gives table showing that % cents saved
per day would yield, at 6 per cent, compound
interest, S. 900 in fifty years; 81 cents day,
$500 in the same time 81 cents day, S.
100; | cents, $ll ,600 l33, $l4 500; 27},
$29, 900: SIS cents day would give SIS, 600;
So, $4,000; $ll0 $4,000; and sl.37
saved per day would yield $l45, 900 in fifty
years So that if a young man at 2l years OF
uge would save 272 cents every day, or just
500 per year, he would at II years OF age be
worth $4,000, when just at the time he must
close out for this world he would possess a
competency. At 81 years Of age he would
have $1,000, which would be enough to sup
port him in an old mans simplicity the bal
ance of his days. These facts are certainly
worth considering. There are many who could
not save ''by hook or crook more than $50
year, and they must have the best of luck to do
that. The balance ofmankind might few of
them, save $l.37 per day, or $500 per year
thus realizing $780, 500 at fifty one years of age,
$1,000 at sixty-one, and $l45,0 900 at seventy
one years Of age hut the larger portion of the
remainder, who are on the other side of the
circle, could not save more than 81 cents day,
ur $40 year, giving them at fifty one years OF
age 81, $50, at sixty one, S3090, and at seventy,
s5,S00-which would be a great deal better
than nothing.
NEWSPAPER PUBLISHERS are more poorly
rewarded than any other class of men in the
United States who invest an equal amount of
labor, capital and thought They are expected
to do more service for less pay, to stand more
more sponging and dead heading" to puff
and defend more people without fee or hope OF
reward, than any other class. They credit
wider and longer, get Of euer cheated, suffer
more pecuniary loss are oftener the victims OF
misplaced confidence than any other calling IN
the community. People pay printers bill
with much more reluctance than any other
1t goes harder with them to eXpend dollar
on valuable pewspape: than ten on need.
less gew- gaw yet everybody avais himself OF
the use Of the EDITORS pen and the printers
lax
How many professional and political repu
tations and fortunes have been made and sus
tanned by the freudy, though unrcquited,
pen cf the editor? How many embryo towns
AMI cities have been brought into notice amt
pufed into prosperity by the press! How
many railroads, now IN successful operation,
would have found cred but for the lever that
moves the worried" In short, what branch or
industry and activity has not been promoted,
stimulated aud defended by the press AND
who has rendered it more than miserable
ptauce for its service? The bazaars OF fashion
aud the haunts Of dissipation and appetite are
thrOnged with an eager crowd, bearing gold IN
their palms, and the commodities there Vend-
ed are sold at enormous profits. though 1ntrlns-
lcaiy worthless, and paid for with scrupulous
punctuality while the couotlng-room OF the
newspaper is the seat OF jewing, chfeapenlng
trade, orders and pennies. It is made a point
Of honor to liquidale grog bill, but not q dis
hanor to repudiate a printers BILL 1t is gen
orally believed that the editors and printers
can live on air, or that they have an mex
haustibe mine of wealth always at their com
mand. They need no money, and hence they
can he put off till a convenient season, while
any other bill must be promptly llqu!dated =
Ezchange.
PIT. BARxUM, the great ''side-show" show
man, is catching it all around, and all sorts OF
lokes arc manufactured at The great defeated, $