The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-03-15
BEGANSAVING YOUNG
Only 81 1-2 Cents a Day Amounted
to $4,000 in SO Years.
VALUE OF BOARDING TRIPLES
Case That Overtops in Results any Historic
Account of Selt-Denial and Regular
ity In Saving.

lar SUBJECT IN Strange 2u1Se. lnaU Is Uno
sort of novelty that viii be found in what
follows. Fhe old, familiar subject of thrift
is the text. Ius morals have been pointed
by everybody, from the negro minstrel up
ward 1t was the MINISTRIES, you remem-
Der, who used to tell Of the man who heard
that another man procured a situation be-
cause he was seen to pick up pin and
who therefore dropped two pins as he went
into a store to ask for work and picked
them up when work was refused to him,
so that, the feat being witnessed, he got
two situations.
Everybody in London points the moral
of saving pennies by calling attention to
the magnificent Thames embankment,
which was built with the penny tax on
each ton OF coal brought into the city,
Then there is the picturesque domestic
tale of the lady who never allowed her hus
band to kiss her good morning, good-by or
good night without paying for the privi-
lege. When he was q bankrupt, as he
naturally became, she took him up to
Madison avenue and showed him a splen-
did mansion, furnished throughout, which
she said she had purchased with the dimes
he had paid her. and, said she-so the
story goes-"yve might have had whole
block if you had been an affectionate
spouse"
There was Il man of Paterson, n. j., who
became obtrUsively wealthy by picking up
bits of iron along the Erie railroad-mere
bolts and spikes and car couplers-but, on
second thought his is not precisely a case
in point. because the railroad company had
him arrested and proved that he picked up
things which were no5 lost, form OF thrift
which shows that even a good thing may
be overdone.
An OLD MAID STORY.
One of the New York correspondents OF
out of town papers, who gid New York
life with the brush OF fantasy, told very
/ interesting tale of a maiden lady in re
! duced circumstances who had to be conten;
with the gift of board and lodging in the
mansion of q very wealthy brother-in-law
She saved everything that was wasted il
the family, everything that was throwE
away, the old novels and old chairs ans
waste paper and old clothes and rags ant
| bottles and out OF style cruet stands, anC
heaven only knows what all. When the
family went into the country in the sum
mer time she had this 1lotsam and jetsan
cartel away in trucks from her boarding
place, the garnet.
After ten or dozen years at this prac
tice she had S90,000 in bank, for of cours
such q saver never spent a penny, and nov
she lives in a fine villa of her own in TIL
country, bought with her bank account.
merchant, whose store in Forty-secont
street every New Yorker knows, told m
once that when he came here, slightly il
advance Of the rest of the population o
Hanover, in Germany, he had trunk full
of clothes, and he hired out to a Hanover
ian grocer in Mulberry street.
He got 50 a week for two years, and tina
was S312 and then he got 81 a week for on
year, and that WAS 1908, or, altogether, S52C
He had to spend money for shoes, but tn
presents and tips be got just paid for tn
leather, and so he kept his wages intact
With this $500 he started store Of his owl
There is no end to such stories But q.
that | have set down are old ones, Will
here is new one:
MR. uUBBARD'S STORY.
This the story tolttby Mr.. L. P. Hubbard
the secretary of the New England societ!
an elderly gentleman known to and at
mired by thousands Of New Workers H
Office is at rs Wall street. He says he b
gan TO chew, tobacco at u years of age an
a few years later to smoke. Then he b
came protesting Christian and abandone
the habit of chewing, which he rightly d.
clares to be filthy. Becoming convince
that as Christian he had 10 business /
surrender to tobacco in any form, he tire
away his cigar and never bought anothe
He had been a moderate smoker, and
! was in the old days when cigars were cheaI
so that six cigars a day cost only thirt.
seven and half cents, for they were 81
and q quarter cents apiece. That sum
thirty-seven and half cents he put asic
every day, and at intervals deposited it
the Seaman's Bank for Savings He di
covered that in round numbers it amour
ed to @136.5O a year.
He never abandoned the habit of layir
this money aside, and it brought him p,
cent. interest. at the end Of fifty eigl
years it amounted to $95. 1913 With thi
money, he says, he purchased his fine esta
at Greenwich consisting Of two acres an
a home With it he has educated his chi
dren and spent occasional sums for bene
olent purposes. He tells of fruit and sha(
trees, OF q horse aud COW and calf az
chickens, and of merry days beside Il
beautiful sound, so that there are hin
upon which a duller fancy than mine c.
rear a picture OF a splendid property al
home.
y table which he has prepared is preface
with the statement that friends have e
: pressed doubts in regard to the CORRECTIVE
g of his assertion" He admits that it seer
j. incredible, and therefore he gives the exa
r figures of each years saving One hu
= dred thirty-six dollars and fifty cents W
saved the first year, and that sum shou
be added each succeeding year, besides t.
interest.
4 little girl once said that pins saved
great many lives ''by not being swallo
ed" but who eyer dreamed that ciga
would make $4,000 by not being smoke
Mr.. Hubbard has taken an unfair adval
age of US of this generation by perforni
his remarkable feat at per cent. intere
whereas we cannot get above or 4 +
cent. in q savings bank. But surely me
difference in the interest obtainable W
not deter any smoker who reads this fro
breaking off the habiJ of smoking-at les
of smoking cheap cigars.-Julisn Ralph
New York Sun.
For Life and Two Days.