Daily Republican. [volume] ([Wilmington, Del.]) 1874-1890, 1885-04-02

BY general usage the rainy day"
has become . popular phrase of speech
that has world Of meaning Were il
not thus, We might be misunderstood al
Alluding to day when the sky was
hidden from sight by storm clouds, and
the rain descended upon the earth to
such An extent that people could follow
NO outdoor occupation. We do NOT
mean this kind of rainy day, but
rather use 1t rs type of the rainy day
Of life that comes to every Individual.
There are but few people who do moi
realize the necessity of saving, that is,
providing against this rainy day, but
there are few who appreciate the inn
portance ofsystem in saving.
The present pinching business period
fully illustrates this. Those who have
capital have been compelled to manage
with special care to prevent constant
shrinkage. With many this shrinkage
has come despite their care, until their
capital has been sadly reduced. Work
men have been exposed to the irregu-
larity Of employment, and in numerous
cases to the losses occasioned by strikes.
AL these influences have rendered in.
come and employment very uncertain.
Thus the rainy day period has not been
long in coming, but it has come rather
suddenly, and it finds many UMPIRE pared
TO meet i5.
As rule only systematic saving is
likely to prove effective. When we
depend on putting aside the residue
after all our wants are supplied, the
surplus rarely ever appears. Our
wants are rather apt to expand and the
more We spend the more we may keep
on spending. Tbs luxuries of to-day
after little while magnify into PRESS
ing necessities. Thus we fail to realize
any surplus, If We make it dependent
upon mere chance. If we intend to-
save anything we must accustom our
selves to live upon less than our in
come, and the balance must be put
away for a tune Of need or metaphor
cally a rainy day" If our income is
$40 a week aud we live on 50 we save
one dollar. To save this amount sup
pose that we may cut our expenses
within this limit. This can often be
done by carefully investigating all the
elements that enter into living, and
com pressing our expenses within it,
This does not involve SO much of priva-
ton as of intelligent care.
1t is the case that families that have
small incomes sometimes live actually
better than those with larger revenues.
The reason is, they are more Intelligent
in the use of means and this is the real
secret of success in saving.
An unbending parp' Sc is also essen
tial. 1t is diff ,ult if we yield to all
the claims Of pleasure TO restrict our
outlay. A single departure from the
rule is apt to be followed by others and
thus the whole plan is broken up. Nor
Is this purpose 30 hard to carry out
when fully resolved on, but the main
tenance of this resolution is essential
and when maintained steady &C
cumulat on of savings follow. Thii
leads to habits which are often tn,
foundation Of fortunes. With many il
this country the trouble is not 30 mucl
70 make money as it is to keep it afte
it is made.
There are many who make a thousan,
dollars year and upwards and if the,
could restrict their outlay all might b
well, but IL they yield at this point an
living up to their earnings, becom
poor and have nothing left for o
rainy day"