The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1888-10-04
How New Englanders Save Money.

Almost any New Englander can recall
a country minister who, on bis little
yearly salary of three or four hundred
dollars, managed, by the help of his
wife, to live respectfully and comforts
bly,, educate large family for self sup.
port and usefulness, and lay up something
every-yea against the rainy day which
comes in all mems lives. We have
wondered how it was done, but we know
it was done, and that be died at last the
possessor of a nice little property. New.
England has been noted for it's hard Poll
and its hard conditions generally, yet
there ia no other spot on the face of the
earth that contains 80 much human COM
fort to the square mile. Every man
born in New England tries and expects to
better his condition during his life, and
then he goes to work at the beginning
with this end definitely in view. The
rich men of New England are men who
began their prosperity by humble cay
ings. Whatever their income was, they
did not use it all. Twenty FIVE or fifty
dollars year was considered quite worth
saving any laying by. These small sums,
placed at interest, accumulated slowly
but surely, until the day came at last
when it was capital to be invested in
business with large profits. A fortune
acquired in this way was cohesive, strong
and permanent.
We are quite aware that sumething OF
grace and lovebleness was lost in the
habit of these small economies. Men
grew small quite too often, aud pincEed
and stingy by the inAuenence ofthe habit
of penny savings. This has been brought
against New England as reproach, but
New England has replied, with truthful.
ness and pride, that no people ofthe
country OF of the world have been more
benevolent than her own economical
children. She points to the vast sums
she has expended on Christian missions,
and to the great public charities whose
monuments crown her hill tops, and
shows that at the call of Christianity aud
humanity her purse, filled with such
painstakiDg and self denial, flies open
and empties itself to fill the measure Of
the public need. At any rate, we know
that there is not State in the West that
has not gone to New England for the
money to build her towns and her rail.
roads, and that if she has ever been lag.
gard 10 her hospitalities, such as she has
practiced, have been at her own expense,
aud not at that of her creditors. New
| England is rich-and this, after all, is
what we are trying to say-notwithstand
| ing o hard soil and an inhospitaole
climate. Circumstances we're against
her from the beginning, and economy
was what enabled her to conquer circum
stances, and lift herself to the command
ing position of wealth and influence
which she holds to-day. The men whe
had an income ofS30U a year tthe begin
Mug, lived on 5000. The men who had
an iacome of $500, lived on $500. Those
whose Income reached $1,000, lived OIL
half of that. SUN, and 80 on. They
practiced self They had no grea
opportunities for making money, ane
knew that wealth could only come t.
them through saving money. The ole
farmer who, when asked what the secre
of his wealth was, replied: when
gota cent, I KEEP it," told the whole
story of New England thrift and comfort
Dir II q HoL1nH