Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-12-04
The NORMAN TITRING SYS.
tenn HAS SET ONE
GOOD EXAMPLE.
FINANCIAL ARTICLE NO. 10.
ONE TENTH

or everything produced, or income,
was exacted from the Mormon people
when the Mormon church had con
troll. Bible readers. all know that the
same thing was done during the early
years OF the worlds existence. Have
you ever been in Salt Lake or in any
part Of Utah? Have you noticed the
magnificent temple erected there for
worship in their belief? Have you no.
ticed the stone houses and the old for
tifcations and houses adjacent? Have
you noticed the substantial improve.
ments on the property the church
owns? Have you ever taken pains to
inquire how much money the church
d, had In the bank, or loaned out at in
terest? Have you seen the beautiful
streets and roads and their churches
and adjacent improvements in every
part of Utah? II is something i'm
mense, and you would be astonished
| II the exact figures were obtainable.
Do you know that the Mormon church
took care OF its sick, injured and poor
from the income of this immense
wealth? How did they get it? By ex-
Mormon people for this object. You
may or may not approve of Mormon
ism; We are not discussing that or any
other belief; but are trying to place
distinctly and clearly before you what
a small amount Of your Income saved
will do. Suppose you saved onetenth
of your income and had It loaned for
your benefit and that OF your family.
and suppose it was loaned at interest
at good earning rate, II wouldn't be
long until you had competency. Sup
pose that -one-tenth seems too large,
why not take some portion of your in.
come and set aside as a Reserve Fund
for some future possible misfortune. II
for no other reason. We know that
there are some people who have not
a cent to spare; but there are not
many but what could put away a small
stated sum per month. We have
few faults as a nation, and while these
faults combined with our virtue and
versatility. have made us the foremost
and most progressive nation OF the
world. At the same time there is one
fault which could be notified little
and that is II We are getting one dollar
a day, not try to live like the man
that is getting $3.50; and II we are
getting $3.50. not like the man with
$500; and IL we are getting 800
month to live like the man getting
$50, and wear the same clothes, same
horse and buggy, same style. same
living and servants as the man who
has an income alone from money that
is probably triple our salaries. We
know personally one man in
San Francisco who has had
$3.50 per month for the last
ten years. At the time he secured his
position he paid $4,000 down on a
$4,000 home. He still has that mort.
gage of $1,000 on his property, and lSs
to hustle like everything about vaca.
tion and Christmas time to pay the in
terest, His position does not demand
an expense of over 800, or at the most
$3.50 per month. He has no specially
bad qualities or habits; he lacks one
essential quality, that of saving, He
made a remark that If he were com
PEELED to put away that much money
each month he could save it. He was
shown that our system was just SUM-
ciently near to compulsory lin that II