The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1875-09-02

advantages that were in store for ne, If
would only invest my little eight shillings
per week even, with the advertisers. The
interest YVES payable in July and December.
and if not drawn out of the Bank, this inter-
est became principal twice year. O! what
glorious visions Of wealth, prosperity and
ease aoated through my brain, upon behold
| ing and contemplating those wonderful fig
ures!
And such wise saws were interlarded
among these figures, some Of them qcoted
from Benj. Frankllns, l made up my mind
in answer to one of their questions that the
one "who couldn't be rich" was because
they would not follow out the advice and in
struetions Of that wonderful little triple
folded paper. In this Investment. small
though made it per week, would 10 few
years, with but little self denial, secure me q
snug little sum Of available means where
with to support and cheer my now declining
years. kept putting off however, the depos-
iting my eight shillings per week until 1879,
when had few dollars, and an opportEn-
Il ty presented itself that I might deposit
them [ did so, and did I not feel proud
when became the possessor of a BanaBook
containing in real figures the amount that
! the Bank was indebted to me? [ now felt
was on the sure road to wealth. How often
| T read over the contents Of that book. The
heading of each page was some trite saying
and SO fitting to the occasion-one in partic-
uIar often comes up before my mind, but pow
with quite different significance from what
| it had then, viz: GA penny saved is two
pence gained" The covers toos Of that bank
oook we're advertisements of the great ad-
yantages thatwould accrue to Doctors, Law
yers, Mechanics, Merchants, Clerks, Teach
ers, Servants, and even the clergy were in
Guided if they would only avail themselves
of this specially organized for them" Saw
Iings BANK. Many Teachers, Servants, Hack
men, Cartmen, Commission men, Milliners,
Dressmakers, and even the City supt. Of
Public instruction of Chicago, and also the
supt. Of Instruction Of Cook Co. H., were
depositors.
The President had his certificate Of
membership of the Y. NJ. c.. q. framed and
hung in conspicuous place the Bank, and
it is a great wonder to me now, that he did
not Il.-.s.a5s certificate &c cnulcn MemBer-
ship hung up in like manner; he was
Unitarian or tCongregat have for
gotten which. These covers also contained
the schedule of certain dollars deposited
what they would amount to in l, 5, 10, 10 or
20 years, which I need not repeat here, for
any one upon taking up almost any daily or
weekly paper will see just such advertise
ments. never see one now but am re-
minded of that piece of poetry used to read
when a child at school, 'Will you walk into
my parlor said spider to fy,"-and the
sequel Of this Savings Bank Is only repiti-
ton of that following the fly entering the
spiders parlor-
In Sept. 1873 that Bank suspended for
few days.; and 1 find that the "feW days"
are not vet ended. In Dec. 1873, meeting
of the creditors was called, and being one
of those upfortunates attended. MY loss
was not great, and therefore was about the
most cheerful person present. saw there q
servant girl, accompanied by her mother,
who had deposited at different times till it
amounted to $5.050. It was all she had, and
her mother was dependent upon her daugh-
ter; I'll never forget the doleful and anxious
looks on those two faces. There was the
Supt. Of instruction of Cook Co. who had
over $4,000 Of school funds in said Bank.
An assignee was chosen and presume ne
has done his best to further tie interests of
the creditors, but all that has eyer been paid
is iust ten per cent, and when that was PAID
the creditors were informed that all they
were likely to receive would be 30 per cent.
And this president, where is he all
this time He is living in ease and aff1uence
in an eastern city, having put his dishonest
gains into such a shape that they cannot DC
reached or touched by the officers OF the
law. Once since then he was arrested for
embezzlement, but upon looking up the law
in reference to him in this case, some little
point, so was informed, (made on purpose
for just such as he, am led to belieVe) re-
leased him.
After such experience as this. one would
be led to suppose l would never have faith
enough 80 try to become rich by the road
Savings Bank, but not tetotaliy discouraged
have invested ia another; to be sure the
interest is not added to the principal twice a
year, and my Bank Book gives me far more
pleasure than did the first one now, when
deposite nv one, two, three or five cent
pieces, or my FIVE or ten dollar bank bills.
ara always sure of finding them all safe, for
keep them under lock and key in an old col
lar box. am my own President, Vice-Pres-
ident, Cashier anu Director, and If | am
cheated now, alone am to blame. can
now contemplate real cash instead of real
A.vuras and r frcclu helieva in Josh. Billings