Willmar tribune., 1900-11-14
THE USES OF MONEY,
Census Office to Issue a Volume on
y This Subject.
Many There Are Who Consider In
debtedness n Source Of Prosper
= ity, in Spite Of Mr.. Micaw-
ber's Eloquent Warning.

Especial Washington Letter.
OO7 AM over $500. in debt and that
fact worries me a great deal" "
IL The remark was made by gov
ernment clerk in reply to an inquiry as
to how he was getting on. Senator Pet
tigrew, of South Dakota, smiled as he
said: ''That, would worry me, too. I
am never happy unless am upwards OF
$50, 900 in debt. The man who can't get
in debt $4,000 or more can't do busi-
ness. Credit is necessary in all large
business transactions, and it is also
necessary in small business enterprises.
Fortunes are made only by those who
have large credit"
"How do you ever pay your creditors
when you borrow such large sums? 1t
staggers me to think of being $50,000
in debit
II pay back by making the borrowed
money earn more money. There are
very few people who realize that money
will make money. faster than any other
thing on earth. It is because money is
such a money maker that money occu-
pies such conspicuous position in the
political, commercial and interna tional
procedures of the world. You get out
of money once; be absolutely without a
dollar, and you will find that this is a
cold, cruel and selfish world"
Unfortunately, this latter statement
is known to be true by all who have ex-
perienced contact with the world un-
der adverse circumstances. 1t is also
| unfortunately true that majority OF
the young men of this country do not
know the value of money; and they
learn its value sometimes all too late in
life.
SIS there no secret place on the face Of the
earth,
Where Charity dwelleth, where virtue
hath birth?
Is there no place where knock from the
poor
Will bring kind angel to open the door?
You may search the wide world wherever
you can.
But find no door open to moneyless
man.
Senator Pettigrew is not a rich man
and never will be, because with the
money-making faculty he also has the
| prodigality of youth. Although he may
not be properly charged with being like
| unto Daniel Webster in every other re
spect, he certainly is somewhat like
unto that great statesmanin his ability
| to accumulate Indebtedness; with thi:
difference: Pettigrew pays, Webster
didn't.
And, by the way, the census Office
is trying to find out why people borrow
money. The officials of that bureau asl
all sorts of questions. They want tt
know whether we own property, and
if~so, if it is mortgaged. And. if so
why the mortgage was incurred. Al
sorts of replies have been received t.
these inquiries. One of them is from
William Mckinley, who states that h,
sis citizen of Ohio, residing tempo
rarily in Washington;" and he states
that the house in which he lives "is no
mortgaged."
| All of the inquiries of the census of
fee supervisors are being cheerful.
answered, even those which pry int,
the affairs of men who borrow money
Very many thousands of ladies, how
ever, decline to give their ages. In al
of these cases it is presumed that the,
are more than 25 years of age, and the.
are being tabulated accordingly.
! People, as a rue, have been perfectl,
willing to tell whether they own tn
houses in which they live, or whethe
they are tenants, or burdened will
mortgages. This information when oh