The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1891-03-12
BEGAN SAVING YOUNG.
Only 81 f-2 CENTS A DAY AMOUNT
ED TO 100000 IN So YEARS.


ONLY 81 f-2 CENTS A DAY AMOUNT
ED TO $4,000 IN So YEARS.
Familiar Stories Of the Value of Hoard
ing Trines--A Case That overtops I'll
Results Any Historic Account OF scif
Denial and Regularity In Saving.
Nothing seems newer than an old famil-
lar subject in strange guise. That is tho
sort Of novelty that will be found in what
follows. The old, familiar subject OF thrift
Is the text. Its 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 bel
cause he was seen to pick up pin and
who therefore dropped two pins as he went
Into n store to ask for work and picked
them up when work was refused to him.
$50 that, the fent 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 n bankrupt, as he
naturally became, she took him up to
Madison avenue and showed him q 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-"we might have had whole
block if you bad been an aifectioDate
spouse"
There was 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, bis is not precisely case
in point, because the railroad company had
him arrested and proved that he picked up
things which were not lost, a form of thrift
which shows that even a good thing may
be oyerdone.
AN OLD MAID STORY .o
One Of the New York correspondents Of
ont of town papers, who gild New York
life with the brush of fantasy, told very
interesting tale of maiden lady in re-
duced circumstances who had to be content
with the gift of board and lodging in the
mansion of q very wealthy brother-in-law.
She saved everything that was wasted in
the family. everything that was thrown
away, the old novels and old chairs and
waste paper and old clothes and rags and
bottles and out of style cruet stands, and
heaven only knows what all. When the
family went into the country in the sum-
mer time she had this fiotsam and jetsam
carried away in trucks from her boarding
place, the garnet.
After ten or dozen years at this prac-
tice she had 10000 in bank, for of course
such saver never spent penny, and now
she lives in fine villa of her own in the
country, bought with her bank account. A
merchant, whose store in Forty.second
street every New Yorker knows, told me
once that when he came here, slightly in
advance of the rest of the population of
Hanover, in Germany, he had trunk full
OF clothes, ard he hired out to a Hanover
ian grocer in Mulberry street.
He got 50 IA week for two years, and that
was 1912, and then he got 81 a week for one
year, and that was ss0S or, altogether, $3.50.
lie had to spend money for shoes, but the
presents and tips he got Just paid for tho
leather, and SO he kept his wages intact
With this $40 he started a store of his own.
There is no end to such stories. But all
that have SGT down are old ones, while
here is new one:
MR. HuDBAnp's STORY.
This is the story told by Mr.. L. P. Hubbard.
the secretary of the New England society,
an elderly gentleman known to and id
mired by thousands of New Workers. His
office is at 76 Wall street. He says he be-
gan to chew tobacco at IL years of age and
n few years later to smoke. Then he be-
came protesting Christian and abandoned
the habit of chewing, which he rightly de-
clares to be filthy. Becoming convinced
that as Christian he had no business to
surrender to tobacco in any form, he threw
away bis cigar aud never bought another.
He had been moderate smoker, and ii
was in the old days when cigars were cheap,
SO thnt six cigars a day cost only thirty
seven and half cents, for they were six
and a quarter cents apiece. That sum of
thirty-seven and half cents he put inside
every day, and at intervals deposited it in
the Seaman's Bank for Savings. lie dis
covered that in round numbers it amount
ed to $1,000 a year.
He never abandoned the habit of LAYING
this money aside, and it brought him per
cent. interest. At the end of fifty.ei,ht
years it amounted to S9G,Tl9.4n With that
money, he says, he purchased his fine estate
at Greenwich, consisting of two acres and
a home. With it he has educated his chill
iren and spent occasional sums for beney-
olent purposes. lie tells of fruit and shade
trees, of a horse and COW and calf and
and of merry days beside the
beautiful sound, SO that there are hints
upon which duller fancy than mine CT
rear picture of u splendid property and
home.
A table which he has prepared is prefaced
with the statement that friends have OK
pressed doubts in regard to the correctness
If his assertion" He admits that it seems
Incredible, and therefore he gives the exact
igures of each years saving. One hun.
ired thirry-six dollars and fifty cents was
'aved the first year, and that sum should |
DC added each succeeding year, besides the
interest.
A little girl once said that pins saved a
;reat many lives "by not being swallow
ID" but who ever dreamed that cigars
would make $685. by not being smoked.
Mn. Hubbard hna taEau M, unfai, ,drn..