Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-12-17
The Great Economic Idea They
Teach Has Been Well Learned In
This City, to the Benefit Of Many
Individuals and the City as a
Whole.

closed from the investigation here
made is not intended as write-up
for a distinct line Of the many
business departments of the city, or TO
help boom them, but the thought in
tended to be conveyed to all is that
business interests in general are not
tagging in the general advance of enter
prise, although the Register must ad-
nit that not all of the citizens in this
city are aware or thoughtful enough of
the great progress and quiet enterprise
that here exists in business OF all classes
and the vast volume of energy that is
all the time looking ahead for new and
practical ideas. Verify there is great
college Of business interests here IN
which the higher and improved meth
DDS are eagerly sought after and stud
led and in strict keeping with Ameri-
can progress.
The business history of Wheeling
represents to a marked degree great
and growing strength in those business
concerns in which the general masses
of the people directly share-returns
equal with the professional business
man, so to speak-and the progress and
dppllC<LIlOu lutSG IudSoco VI ClS pOOPAN
are making in the matter of taking
care of and increasing the wealth and
financial standing of which they, as the
result Of labor and industry, become the
posseSsors IS very apparent.
Noticeable are such conditions in the
building, loan and savings institutions
of this city. The democratic idea in
all interests of business, can find no
greater argument in support of their
stability and soundness than in the
institutions Of the class named, in
which all classes Of citizens may par
ticipate alike, both in profit and man
agement. Going back over the last two
years, the most trying for the present
business generation, the student Of af-
fairs must become convinced of the fact
that the great financial institutions for
all classes together have stood the storm
to an equal degree with the most solid
and tried business institutions in the
country, and Wheeling is no exception
to the general rule. And the compare
tive success of this new financial craft
is all the more striking locally when 1t
is learned that its foundation of sue
cess and working were mapped out by
brains and study and put in such plain
and uncomplicated terms that the most
unskilled in business could avail them
selves of the benefits and know and feel
that they understood where their money
was going when paid over and where it
was to be placed.
The growth of industrial and savings
institutions in this country for the last
fifteen or twenty years has been kept
pace with here in this city, until there
is presented a business here in that
line beyond the general knowledge Of
the public, and the question is asked
in the city: why is it that over ST.
100000 is now invested in the city I'M
der this head through the joint efforts
of all classes of citiZens?" The answer
comes in general terms that the people
of the city, alike and unclassified, have
a place to deposit and borrow money,
and it is found in this city that these
institutions afford for all its citizens
the most modern advantages for safe
keeping, interest bearing and borrow
ing facilities.
The business of these institutions is
to-day a speciality in the business
world and has become such by reason
of the demands of civilization, and some
of it's features here are beyond
of its features here are beyond those
offered by other powerful financial in
situations for the simple reason that
they have a speciality for the business
public in other lines.
1t is learned by the Register that a
majority of the business men of this
city. in some of the many forms offered
by the various enterprises are interest
ed in that line and their patrons, in
Guiding a large number Of wage-earn-
ers, and when asked to give their rea-
sons for being in the institutions, they
answer it is because they find they can
deposit small sums from time TO time
without scarcely noticing its withdrawal
from other sources and obtain good in
terest and profits upon the same from
the first and so long as the investment
stands. That they can also borrow and
meet its payment in small sums without
feeling the loss, and over 1t all, ina
small or large sense, there pervadeS the
spirit and educating feature in the art OF
saving money, without withdrawing
capital employed or incomes derived
elsewhere.
Business men also claim that 1t has
reduced the rate of interest upon loans
in this city, and that in the near future
business blocks and plants will to some
degree be constructed upon the plans
offered by these institutions.
To secure a home with clear title
is the great ambition of the wage
earners in America, and that desirable
purpose in life is put forth by those
who labor with their hands here in
Wheeling. The strength of our people
is found in their regard for the home
and its enioyments, and the day labor
ers in this city are keenly alive TO that
| idea and see in the plan of the modern
industrial saving institutions here rep
resented an easy and sure way OF
reaching the day when no rents viii
have to be paid and their ownership OF
the home complete.
The Register, in its investigation OF
the subject here mentioned among all
classes of its citizens, is impressed With
the idea the generality Of this COM
munitv have for the value OF money
Rational ideas of the operation of a gov
eminent and the measures OF enjoy
ment it gives it's citizens can only be
brought into practical operation when
each individual in the community and
government fully realizes his mission
and duties as a citizen and in respect to
the art of saving money and its value
il is believed this community, or ma
iority of them. are getting along into
the first ranks Of correct and stable
positions.
WHAT YOU WANT
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