The Portland daily press., 1891-12-17

w s sss : : : fa !
business man in New York who does
not receive in his mail every morning
requests for information as to the best
way to invest small sums of money.
But business men have not time or in
clination to answer these questions.
With view of obtaining some opinions
on the subject reporter called few
days ago upon several of the most
prominent and successful business men
of the country noted for their shrewd
investments and asked them to give
their opinions of the best way to in
vest 500.
GOv.-ELECr FLOWERS VIEWS.
Gov.-Elect Roswell P. Flower had
scarcely recovered from the strain of
his campaign, but he lost no time in
turing the subject over in his mind
"If / had a hundred dollars to invest
and lived in thriving town." he said,
81 should put it into real estate. should
make that my bank for the reason that
we have only about twenty people to
the square mile in this country, and a
better government than any other
country in the world.
'France has less population accord
ing to her territory than England,
Germany, Italy or Belgium. If | am
correctly informed on the subject the
populations to the square mile of those
countries are-England, S02; Germany,
22S; Italy, 271; Belgium, 544;
France, 1874. AS immigration comes
in and settles this country, as
it will, and our population rises
near to the point of the French
republic, the price of land must adj
vance. You cannot duplicate land; you
can duplicate railroad stocks and bonds
and other corporate property"
The governor-elect said that from the
surplus populations of the old countries
the square acres of the United States
are becoming rapidly settled. In re-
ferring to England, he quoted from
Goldsmith's passage on 1.-THE Deserted
Village:"
"A time there was. ere England's grief began
When every rod Of ground contained it's man"
MIR. CLEws SAYS buy A HOMESTEAD"
Mr.. Henry Clews, the famous New
York banker and distinguished author,
who has earned reputation for his
sound Judgment in all matters relating
to investments, said
''The best investment for 500 is to
place it in a good savings bank and
make it the foundation to build upon
by frequent additions to it. When the
amount gets large enough, the first &C
QUESTION of property should be to buy
homestead, and when that is &C
complished, it will give such comfort
and peace of mind to the owner and his
family as to make life worth the living.
when man is known to own bis
own house it gives him status in the
community greater than anything else.
1t also gives him an established credit
which, when obtained, if judiciously
and conservatively used, will make it
much easier to acquire this worlds
goods.
1.-THE best of. citizens are those who
own in fee their homes and their con-
tents, for it develops qualities in a
mans nature that otherwise may re-
main dormant, or hidden like a light
under bushel.
Among these qualities are pride Of
possession, which will keep man re-
spectacle; the love of country, which
will make him patriot and, almost
more than anything else, contribute to
make him, not only respected by
his neighbors and friends, but
also good and faithful hus-
band and loving parent. No surer
foundation can be laid to build upon
than this for the attainment of riches.
First obtain proper start, however
small, and continue to build up slowly
but surely Nothing can be more
strongly demonstrated than the growth
of the huge, rugged oak from the orig
inal acorn.
GET "aIT EDGED BOND" ADVISES
DR. DEPEw.
DR.. Chauncey M. Depew, the genial
president of the New York Central &
Hudson River Railroad Company, whose
popularity extends the world over. ad-
vised that the 500 should be made grow
to a thousand before being invested in
nhy CuVCi
PUT it in the savings bank" said the
learned doctor, where it can draw
compound interest, and add to it as you
can until it becomes thousand Then
consult some wise, conservative banker
and invest it in a gilt-edged bond which
can be registered There is no invest
ment for 500 except to put it into a
savings bank that is absolutely safe.
OF course banker familiar with secu-
rites could select some stock which
would be perfectly safe and put 500 in
that, but a small investor has no facili-
ties for finding out what stocks are safe
and what are not. The chances are
that If he went to inquire he would
meet speculative gentlemen who would
land his 500 in some mining or other
similar scheme which promised large