The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1896-09-29
THE USE OF PENNIES,
The Foundation OF Wealth and the
Basis OF Prosperity.

BaSiS OF Prosperity
Walter Howard in Atlanta Journal.
a short stay in New York will con-
vince any observant Southerner that
the part which the penny plays in life
IN this great center Of population ac-
counts, in great measure, for the
fact that there is such a vast accumu-
lation OF wealth hereabouts. 1t will
also convince him that the South and
the West lose a great deal by virtue
OF the fact that tho penny plays no
part In those sections as medium of
barter and trade.
Up here the penny, the insignificant,
contemplate little copper cent, that
nobody will touch in the South, that is
scorned as beneath consideration and
cast into Northernmade slot machines
or any other convenient receptacle as
totally unworthy of ownership, is a
powerful factor in the upbuilding of
fortunes, in the maintenance Of whole
families, and in the conduct of the
largest, as we'll as the smallest
branches and channels of business.
From the newsboys, whose single
standard and unit of value is the penny,
to the greatest department stores OF
this metropolis, which scale all their
prices to the lowest pennys concession,
the copper cent plays an exceedingly
important part in the daily course OF
events
In the matter Of the street vendors
| trade 1T is an all-pOwerful factor. In
the South If you want an apple or even
two apples to eat as you walk or at
your desk, or if you fancy banana or
pear, or a few peanuts, you must
buy st least five cents worth of them,
repplVinO tbrnn fn,r
many bananas, two or three pears, and
enough peanuts to make yourself and
| all OF your friends sick. You must
! take on this large stock Or go without
the dainty. The vender Will not hear
to selling less than five cents worth Of
anything and you are compelled to
buy three times what you really war"
The difference up here IS qn!tc
marked. The penny as | haVe sald,
is the unit Of value With these iaklrs.
An apple, q pear, d banpha, q DlocK OF
| peanut candy, pad lnghtherao!e other
! delicacies car be ha%for The insignili-
cant cent. You do1hot miss the outlay
and vet got all tbdt you wish for the
! time being. Two results follow. People
| here get what they want cheaper and
| trade is vastly stimulated by the fact
| that you can buy So little at Il time
| chat you do not misI/the amount spent.
, Both sides-thc purchaser and the
seler-are benNited by the system
and both are thoroughly satisfied with
it,
tho basis o/fortupe up here 1t is an
admonitph of frugality's advantages.
| 1t tcac6s the saving habit and cmpha-
sizes u a really wonderful manner the
| valu/ol nickles and dimes and dollars
LNgfer can q Southern man appre-
gate the expression, a dollar looked
as big as n cart wheel to him." until he
gets mp here among these penny-sav-
ing people.
Tie penny habit docs not stop with
the use of the cent itself, but cuts to
the half cent and even further On
all OF the ferries and on the cable cars
over Brooklyn bridge the fare for q
single trip b three cents. If you buy
two ticketsat timo you getthem for
q cents each, saving half cent, or
one wholecent on the two tickets. If
you buy ak or IL at time the saving
is latgeTin proportion. So even the
half cett cuts its swath/ In financials
0peratiols. The maintenauce OF that
superb monument to engineering skill
and Senius.-the Brooklyn bridge-is
baseG upon the hall cent, such great
properties as the New York World and
New York Journal Are builded by the
Insignificant haf.oehts that are made
on the sale Of each copy to the news
compapics, the great Statue of liberty
that 3fands on Bedloe's island, fSrnish.
| 3sE Inspiration TO the universe oi'
}liberty lovers was itself mad6 ,lip NJ
its Sennies OF the Frepch y e,6rReaIisis.J
Ifie Sopth and herlfseopTeA eAapS tii a
prot gate West, ,shoult botl NJ Elvate
the pony habit" |" ~ 1ae tal5l. w
ioitbdation pI tbh Ealtl oliG Sgeaitta !
~ 3saa bu ltiee q ts oustk Soi homes aiia
nor pf sSDaiJ beg inptfge lnue1
lpenaeat pp is tiiss hecko of Tue woo9s
lkas III ~ aa 3sthch for tho people