The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1889-08-17
HOW 70 GROW Rlcli.
Father Ciarkson Delivers Pointed Lee
tura on Truc ErNnOmY.

|
Father Ciarkson Delivers "a Pointed Lee
ture on True Economy.
In early life we recolleot hearing o
young man inquire OF venerable gen,
tleman, who had accumulated large
estate, what the secret Of his success
was. He said 1t was: "When YOU
earn seventy-five cents per day, spend
only fifty cents OF 1t and keep out G.!
debt" That information, simple as it
was, has had an important influence
upon life's transactions. And II it
were lived up to by a large mass Of
laborers, mechanics and all classes Of
wage-worRers the world would be a
great blessing. The rapidly increas-
ing riches and consequent willful and
! wicked extravaganza of a large class
of our population is corrupting the
minds and misleading the practices of
the great mass of workers. Whilst
the riches are increasing, paupers are
multiplying much faster There are
twice as many, according to popu-
lation, of those who ask and re-
ceive aid now as did fifty years
ago. And yet the wagc-worlSor
receives twice as much now as
then. The articles of food cost no
more, and clothing not half as much as
then. Wage-workers of all classes,
both male and female, are not prosper
ing as formerly. They are not weekly.
monthly and yearly laying up a por-
tion OF their wages as then. They live
more eXtravagantly, spend more reck-
lessly, and foolishly ape their neigh
bors in fashionable follies. Mechanics
appear, at least q large proportion of
them. not to attempt to make any pro-
vision for the future. When they make
$15 or SIS per week. instead of per-
manently investing ut least one-third
of the amount, they spend itall. Then,
if work fails, or the man is taken sick,
or any member of his family, so as to
keep him from work, the family ut
once becomes an object of charity, the
rents are unpaid, the butchers bill
neglected. The man becomes discour-
aged at the accumulated debts, until he
begins to debate with himself whether
he ought to try to pay the old debts
! So soon as he does that--when he be-
/ gins to study how to forfeit his honor,
repudiate his obligations, he is gone.
He no longer has that keen sense of
honor which teaches him to regaru as
sacred his debts. Then he is no longer Il
man. His pride, his ambition, and all OF
the impulses which nerve and sustain
a man in life's conflicts. are gone. He
has not confidence in himself and
his neighbors have less. But if man
lives by rule. uses the plain neces-
saries of life, and scorns to ape the
follies and corrupt practices of the
growing cussedness of the world, and
lays up carefully at least one-third of
what he earns, soon he will see there
are better days for him. A little
weekly and annually saved, the in
creasing accumulation of interest, the
increasing ambition, and the renewed
energy will soon build or buy house.
Then the expense of living decreases,
and the saving can be more, until i'm
perceptibly the man with his family
find themselves in comfortable circum-
stances, respected by the world. his
finan cial credit established, and he is
enabled to enter other enterprises than
as day laborer.
We have seen these things worked
out and demonstrated all about us for
the last sixty-fve years. The man
who spends as he goes soon has moth
ing to spend, but is broken down in
spirit. credit and character; but the
man who weekly saves u portion cf
his earnings, economies in his bust
ness. soon places himself among the
honored and respected, 1t is as GER
tain as the revolution of the spheres.
But the man who saves nothing sinks
lower in spirit, enterprise and charac-
ter. He soon becomes too indolent to
work and not too proud to beg And
he goes down as fast us gravitation will
take him. Trust no man who does not
regularly save and lay up certain per
cent. of his wages. There is no hope
for him. He will become sour, abuse
those who prosper by saving and will
live II miserable life, hating the pros
porous and dying Il beggar. If you
earn seventy-five cents per day, spend
only fifty cents of it."-Iowa State
Register.