The times. (Owosso, Mich.) 1882-1897, 1891-03-20

TIMELY AND UNTImELv.


Speaking of money, one OF the most wide
reaching experiments ever made is the
nickel savings bank stamp system, adopted by
the Owosso savings bank. Banking opera
tions are too often regarded az solely of the
capitalist class. The nickel savings system
lays the foundation of capital. which is the
result of saving. The remark SO often
heard 81 do not wish to break bill" re-
duced to the last analysis, amounts to the
confession that do not appreciate small
change but do appreciate larger sums. The
nickel savings bank Is to teach the apprecia-
ton Of small sums.
1t would be curious subject Of investiga-
| ton IL the money that Is saved by this plan
could be ascertained and then the CORE
spending decrease i'm certain lines of expen-
diture known. In Detroit, 20 per cent. of
the purchasers of stamps are children under
Is years of age. "a bank" said Cashier
Whipple, sis not only for today nor for
decade, but for generations" and to teach
people to save is to be valuable lesson.
*#* *~* Nv
.Pve been adding little each year." said
Shiawassee county farmer, mot getting
ii n but just gaining slowly. There were
times that were much harder than now, my
place was mortgaged and the interest was
coming due. had wheat in the granary
but did not want to sell because the price
was low, so came to Owosso and went into
Matty Stewards bank and told him who l
was and said:I wanted to borrow 500, and
told them the circumstances of the wheat,
and the mortgage on my place. When asked
about security, told them my wife would
sign with me. The note was returned
signed and the money received. Wheat
didn't rise until nearly time for that note to
become due. My wife advised me to sell
part Of the place and pay off the mortgage
and note, but argued against division of
the farm. A few days before the note was
due went into the bank and told them the
circumstances. Matty Stewart said the
time would be extended if l wished. The
next day wheat went up to $1.O per bushel.
sold my crop, paid the note, some ON the
mortgage and eventually paid it ALL No,
farming has paid some, and business men
do not take advantages"
*x* ~ ~
The Legislative Journal Is not usually
the most entertaining reading possible. No
one was ever known to carry 1t with them
for pastime, although the objection that it
contained great many prayers of humble
petitioners and ''little swears" such as 'by
Mr.. Smith" and "by Mr.. Jones" is not well
founded on grounds of morality. VIVA
Bolton Of Alpena, however, sent down a
petition that slightly relieves the monotony
of the Journal. William is ''agin" the APP
preparation of $4,000 for the National G.
A. II. encampment and suggests that $40, 900
be appropriated for the entertainment of
National association of bicyclist and allow
them to have real pleasant time.
''Your petitioner also respectfully asks that |
your Honorable Body will make an appro-
priatiOn to aid In the celebration of the next |
4th of July. This is a most worthy and |
patriotic object. 1t will not only furnish |
Udy vi piCdculC W dii IlC pCOPiC VI IulCui- |
gan, but it will also admirably serve to keep |
alive the sacred fires of patriotism. For this |
noble purpose your honorable body is asked |
to appropriate the sum of $1,000 to each |
county in the State, for every 1000 inhabi- |
tants in each county.
If your honorable body is going into |
the amusement business, you might as well |
do 1t justly and impartially by serving all |
societies alike, and not be partial to any one |
society. Besides, If the great and glorious |
State of Michigan desires to encourage |
amusements, she should do so in a manner |
worthy of so wealthy State, and a paltry |
$50, 900 Is too Insignificant sum for the |
great State of Michigan to properly celebrate |
as becomes her rank among the bright gems |
of Columbia.
II Michigan is going to have jollifcation, |
let her have grand one, and let 1t be so ar |
ranged that all her people can have a good
time, and when the historian comes to write |
the history of this year, he can truly term |
1891 as the Michigan year of jolifcation.
Let us whosp it up all along the line,
from one end of the State to the other. Let |
us have year of jubilee and enjoyment,
even IL the Sheriffs have to sell the State at |
foreclosure sale to pay the expenses"