The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-12-31
wealth a;hd "a nav % xtsarls Il:

Wealth afAd 1otv Co AGtAan Ies
The following remarks ON the abova
subject, which We take from the Manu-
facture,. and Baildsr, We commend to our
readers: s y
'There is one important practical truth
connected with this subject, and one that
depends the comfort Of the great mass
OF our people. It is this: that in order
to be wealthy, that is, to have such o
competence as secures independence and
comfort, men must save. Would that it
might be written q hundred times upon
this page, and each one CT the hundred
read a hundred times. To save, is the
practical point of the subject, and the
one that should ever be insisted on. 1t
matters not what may be the theory of
political economists as to wealth and the
means of production, unless it be one
which can bo praotised by the great mass
of tho laboring people. The products
of labor, or wealth. are constantly
changing, constantly being consumed in
use, and must be constantly renewed;
therefore, man may AZ well accept, with
out a murmur, the fact that he must lead
live of labor, and not of play. 1t is
unwise, and, in the main, useless, for the
majority of the active men of to-day to
seek for large fortunes, that is, to become
millionaires, simply because it is impos-
sible. But on the other hand, there is
no reason why our Industrious loborers
of all sorts should not become possessed
of sufficient wealth for comfort. The
great trouble lies in the fact that young
men do not begin to save while they are
young. All who will begin early by saw
ing will find happy surprise i'll few
years, in the verification of the Scotch
mans proverb. that many a little makes
a mickle.' Put two dollars in the saw
tinue to do 30 each week until fifty, and
there will be snug little fortune for
man and wife; fail to do this, and there
will be nothing. Begin by small savings
rather than not begin at all, for the finest
showers often begin with q few gentle
drops. One great cause of the poverty
of tho present day is, the failure of our
common people to appreciate small
things. They feel that if they cannot
save large sums they will not save any
thing. They do not realize how duily
addition, be it ever so small, will soon
make largo pile. II tho young mon
and yonng women of to-day will ouly
begin, and begin now, to save n little
from their earnings, and plant it in the
soil of some good savings bank, and
weekly or monthly add their mite. they
will wear happy smile of competence
and independence when they reach mid
die life. Not only the pile will itself in
crease, but the desire and the ability to
increase it will also grow Let clerk and
tradesman, laborer and artisan, make
now, and at once, beginning. Store
up some of your youthful force and vigor
for future contingency. Let parents
teach their children to begin early to
save. Begin at the fountain head to con-
troll the stream Of extravaganza, and the
work will be easy. Choose between
poverty and riches. Let our youth go on
in habits of extravaganza for fifty years
to come. as they have for fifty years past,
and we shall be nation of beggars, with
a moneyed aristocracy. Let genera
tion of such as save in small sums be
reared. and we shall be free from all
want. Do not he ambitious for extrava-
giant fortunes, but to seek that which is
the duty OF every one to obtain-inde-
pendencc and comfortable home.
Wealth, and enough of it, is within the
reach of all. It is obtainable by one
process, and by one only-saring."