The Magnolia gazette. [volume] (Magnolia, Miss.) 1872-current, 1891-12-19
HOW TO INVEST 500.

Hundreds of th0us ands Of thrifty
young men and wOmeH throughout
the United States, who are amhi-
tious to secure y competency for
their old age, are at , loss to know
how to invest their small savings
TO advantage. There is scarcely y
successful business man ia New
York who does not receive in his
mail every morning requests for in
formation rs TO the best way TO in
vest small sums of money.
But business men have not time
OF inclination TO answer these in
quirias. With view of obtaining
some opinions on the subject, a re-
porter called few days ago upon
several of the most prominent and
successful business men of the
country, noted for their shreWd ill-
yestmeuts. and asked them to give
their opinions OF the best way to
invest 500.
GOvernor-elect Roswell p. Flow
or had scarcely recovered from the
strain of his campaign, but he lost
no time in turning the subject over
in his mind
''If / had 800 to invest aud
lived in thriving town. he said,
81 should put it into real estate,
l should make that my bank, for
the reason that we have only
about 20 people to the square mile
in this country, aud a better gov
eminent than any other country in
the world.
France has less population ac-
cordug to her territory than Eng
land, Germany, Italy or Belgium.
Ii am correctly informed on the
subject the populations TO the
square mile of those countries are:
England, 3O2; Germany, 223 Italy,
27l; 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 pIice
of land must advance. You cannot
duplicate land; you can duplicate
railroad stocks and bonds and
other corporate property.
The GOvernoi-elect said that
from the surplus populations of the
old countries the square acres OF
the United States are becoming
rapidly settled. In referring to
England, he quoted from Gold
smiths passage OH THE Deserted.
Village
"A time there was, ere Englsnd's grief
began,
When every rod OF ground contained its
man.
Mr.. Henry Clews, the famous
New York banker and distinguish
ed author. who has earned repu.
tatinn for his sound Judgment ~
AL matters relating to investments,
said:
s'The best investment for 600 is
to place it in good savings bank
and make il the foundation to
built upon 10y frequent additions
t0it. When the amount gets large
enough the first acquisition Of
property should be 10 buy home
stead, and VIII u that is accom-.
llished, it will give such comfort
and peace Of mind to the owner and
his family as TO make life worth
living.
"When a man Is known TO own
his own house it gives him stItus
imthe community greater than any
thing else. /: aIsO gives him al
established credit which, when Oh
tain. d, if judiciously and conser-
vaiively used. viii make it much
ca ier to acquire this worlds go DIS.
.'The best of citizens are those.
who own in fee their homes aud
their contents. for it develops quail
iiies in mans nature that other
wise may renIain dormant or hid
den, like light under hushel.
Among these qualities are pride
of position, which will keep a man
respectable; the love of country.
which v i'll make him q ut lot and
almost more than anything elss
contributes to make him not only
respected by his nrighbOrs an
friends, but also good and faith.
tnl husband and lnving parent.
No sur+r foundation can be laid to
build upon than this for the at
tainment of riches. First obtain .
proper start. however small, and
eOntinue to build up slowly but
surely. Nothing can be more strong
ly demonstrate than the grow b
Oft huge, rugged oak from thr
original acorn"
DIR. Cbanncey NJ. Depew, the
genial president of the New York
Central & Hudson River Railroad
Company, whose popnl uitS ex.
ten,lS the world over, advised that
the 800 should be made grow TO
a thousand before being invested
ia anv enterprise.
sPut it in the Swings bank, Z"
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