Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1880-04-02
What Shall They Do With 1t.

What Shall They Do With 1t.
Our farmers are troubled to know
what to do with their money. There are
plenty of ways in which it may be judic-
iously invested but they are not ac-
quainted with many of these ways and
in their blind search for them will be
prone to 60 astray. They are accustomed
to lend to their neighbors and to invest
in bank and turnpike stocks but these
avenues have become too limited to en-
+. ploy their rapidly growing wealth. Ii
they knew something about other things
than farming and had a general intelll-
gence which would protect them IN en-
gagins in the manufacturing industries
which the county is so well-fitted to sus-
tain, they would find abundant and prof
liable employment for their capital.
There is no place in the country that has
greater natural advantages than Lancas-
te- as manufacturing centre. We are
near the centre of trade and population,
with competing railroads, fertile lands,
good markets, cheap rents, healthful
climate, abundant water and when to
these advantages is added almost un-
limited capital it would seem clear that
the money of our people should find EN-
ployment in manufacturing industries.
But these require intelligent direction
for their success, and past experiences
have been such as to make local capital
timid in venturing into these pathways
None of our manufacturing enterprises
paid the original investors directly
although they have ali been of great ad-
vantage to the community and have been
rich mines of wealth to those who sue
ceeded to their ownership. There was
but one thing wanting to make them
successful as business ventures, and
that was good and experienced
business management. If our men OF
money would educate themselves IN the
knowledge of some art they would not be
without satisfactory employment fol
their means. If our farmers would give
to some of their children a scientific edu
cation, or would have them taught a
trade which would furnish a use for theil
money, they would be doing them
selves. their children and the commu
nifty benefit. 1t used to be con
sidered wise policy in parent!
to give their children a trade. ever
though they did not design them to pur
sue it, that they might be provided will
means of subsistence in case of reverse
of fortune and the failure of their chosel
plan of life. 1t is considered wise still
and it is especially recommended to mel
of wealth who have in their own occu
patton no ready way of employing it, a:
is the case with our rich farmers, by tht
fact that they create in their own family
and in those in whose welfare they art
especially interested, profitable users O.
their capital.
1t is duty laid upon every man tt
give his children as good an education a:
he can afford them, and it is especially
incumbent on the rich man who leaves
behind him the wealth that requires in
telligent control to make it useful to th'
community and its owner. 1t is not al
education that leads to the profession
that is especially wanted. Those walks O
life are overstocked. There are plent.
to tread them and there is no need OF
special encouragement to their students
1t is in the mechanical arts that a Wist
man, in these days, should instruct hi:
children, especially when he has the cap
ital that is required in their development
and our farmers would do well to pu
their sons in these pathways of life, in
stead of keeping them behind the plow
and finding them, when they are free
disposed to wander off to the West il
search of field of labor, when the on
they leave, to men properly prepared fol
it: is as rich as any the world can giv'
them.