The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-11-11
Hnr Money Make, Money.


bsuugh, oui discussion in the Philsdel.
phiA and Boston pSpers IS 10 the relStive
dnAueiSl scunen Q! STEPHEN GrRIRD
md BESyAH1S FRANKLIN. GrRARp Was
repu.ed in his day to be man Of i'm
menss sssscity IN al matters relating to
money, and his success in SccumulGtirg
colossal toitune shows that either good
judgment or good iortune mutt have
characterized bis business operations.
And yet Is the papers very correctly |
cay, be gave the world very poor spec
linen o! his business ability in the p:ovi-
sions Of his will in regard 10 GERARD
College. An immense sum was wasted
in the building Of the institution, aud It's
usefulness has been gresly restricted by
the unbusiness. ike conditions which be
entAiled upon its management. Il is,
therefore, An open question with tome
people whether STEPHEN GrRARD was
really the nAn o; comprehensive bust
meas Judgment that ne WAS repusel 10
Be 10 his day. Ga the other hand,
BENJAMIN FRASKK1IS, the i,iend cf the
poor il his lie, the mSn o: wise financial |
m1xins, who msde no preieasions to |
Aayihirs sSTe h0uely bc:ine;s sense; |
who believed 10 small savings rather thsn !
in large gains, showed 10 the world ih4t
he very correctly understood Sni sp2ee.
c!Gte4 the woucstlcI power Of money TO
make money, BY the beq1z!s be made to
Philadelphia S1d Ba;oa. He lef; TO
each o. them 81 90 to be loaned to yo1re
mschsaics otdsssiTilz habits OF sAo:.
time and good security, during hundred
years. the principal q tich beq7:s: sui
i's sccanalstions 10 50 TO the two cities
Nths end o'th2: time The Pdi!sis!.
phiS trustees do 10. seem 10 hlye been
As to,tGnS.s in the management o! their
el,ooo, IS hsve been the Boston trustees
In The former p.Ace The bcqUssi has oaly
sTslled to s45,!35 A!Ier s. years, but in
B1s,ca lhei: 81 90 has reached SlS2 ,2TS,
Q: usNly tour times :: much s. Phils3el-
phA Tie legacy to Bas!oI WAS upon PIE
ciseiy the same terms sad conditions s.
the legacy to Phils3elphia, hut it seems
ioh4vs been managed with much gre4ier
skiu. % the Isi o! JanuAfy, 1874. the
f44+3 had become $ISa 25S. During
toe neIi fourteen yesrs, It the EoRsy is
Compounded ST { Per cent, the SUN will
resch sos 800. From tbi: the Boston
AdCertISE concludes tbs, the failnre o!
The Phls3elph;s tu1d TO fulfil the e1pac.
ta;ions Of the teststoE :. 10 be s:!ributsd
ro;Ios want Q: a-snesa. skill il Frank
In, bat to the shortening: OF those TO
whom be executed his trust
NJ, wv. NTSoT was the Treasurer G!
the Boston iu,d ios diiy.iTe years In
1911 he received 1900 IN 1851 he turned
over to his successor $li0ls2, which has
10 eight years reached slS2,27S With
o;dinSry Gaze s1d prudence in making
investments II would seem thss FRANK
LtS's expectations viii be realized. l.
must rot be supposed, however, th4t the
Philsdelphis trustees sre entirely S: isuli
IL the matter. Ga the contrary, they
have usde more persistent effort 10 sd
minister the trust in accordance With the
directions Of the tesis;or than hss been
msde IN Boston, Sri it Is 10 this isci thsi
iheir failure 10 reslize anything ike I'VE
PEI cant INTEREST," to be attributed. They
Itied 10 !oAn the money to young me-
chAaios who oould give the proper seer-
ri.y. But it o!ten hsp2ened thst borrow.
e's were few, Snd some Q! those who do
borrow forgot to pay. The thrifty Bas.
IoniGns met With the ssme difficulty, bat
like PRUDENT nArciess, they did rot slow
the money TO lie idle. When ths-e were
no young mechanic: nSkirg spp!icAuon
for small loAas ST i've Pc. cent, they put
tie money in sale places where /; brought
six per cant
We SNude TO thee btquests O! FRksx
LIN in order TO let many readers o! tie
ISTEIIIeESczR in the humber walks Of
lie see how it Is possible b. small savings
TO acquire IN the corrse Of few years O.
health, energy srd trrgsIity Ereh eon.
petercs IS, coupled with economy s1d
modetste eIertiOn thereafter, viii sssure
almost any mans Independence Oae
great cause Of The poverty Q! the present
dsy Is the failure Of cur connon people
TO appreciate small things. ThsY Go 70.
realize how daily sddidon, Be II eTer 50
EmGI, viii soon make large Pile. Ore
Of the great advantages conferred By the
Building Associstions @. our time Is tie
hSbit Of compulsory sSTi1g thst hiss been
forced upon nGuy people who wood
Otherwise have tqEAn3ered the twenty.
ave or Try cents Of weekly dra paid
into the general fund. Many peop.e hsve
homes to-day who would never pethsps
have hsd homes q their owL b1t tc. this
compulsory saving.
The great lesson hat By. -ArS
SHHsoughi 70 teach the world in his
dEy, and ihSihe also sought to Illustrate
in the beq1ssss referred to, Was not TO
despise snail thingE As philosopher
he saw that there WIS oaly oae way ios
the common people to improve their coa-
diton. BE understood thGt the millions
hsHe only thsir had lShcy 10 6enend