Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1902-03-27
SAVE YOUR PENNIES.
And Your Dollars Will Take Care of Them.
selves


Mr.. Maurice Lazarre of Chicago, Ill,
representing the Bank of Grand
Rapids has been soliciting and distri-
buting small savings banks among our
people the past week. The question
of saving is becoming more and more a
necessity among the American people.
We are naturally too progressive and
expensive in our habits. The matter
of saving for old age or a ''rainy day"
is too much neglected in the general
run with most of US. We agree with
the writer in tie milwaukee Journal"
of recent issue in the following art
icle:
Thrift is not an American virtue,
but it is one it were we'll to cultivate.
In all countries matters of finance
have their times of rise and fall as
truly, If not as regularly, as the tides
OF the ocean. In a prosperous time We
spend just as if prosperity would last
forever. Then when the adverse time
comes, we are in distress and cry out.
While it is not desirable to cultivate a
misery spirit, it is we'll to learn frug
ality The wise man looks ahead and
prepares for emergencies, When
times are favorable he lays aside some
thing for the time of reyerSes which is
sure to come. Things are not always
favorable to any one
1t is a good thing to teach the prin-
ciple Of thrift to children. Many
parents are IN the babit of giving their
children pennies" and small change
to spend as quickly as they can reach
the nearest cOnfectiOner. 1t is nat
ural desire of parent to crafty a
child and be is apt to think penny is
a small thing and does not matter.
The amount is little, but the practice
of giving it creates habit in the child
of spending all he can get. He goes on
from pennies to niCkles, dimes and
dollars. This is the secret of many a
mans lack of prosperity. He has
never learned to save. Many a woman
spends all that her husband can pro-
vide for her and never knows the value
of a dollar.
BY the use of savings banks in
schools the children learn many things.
The knowledge Of how to tranact bust
ness is a good thing learned. 1t is
good to learn to observe rules and
regulations. The children soon learn
that by saving little by little they can
accumulate sum that will allow them
some much desired thing, or to in
dulge in some lOnged for pleasure mat
might not otherwise be obtained.
The practice of present Self-denal for
future good tends towards strength
of character. Where this custom pre-
walls, the savings often have been
found a resource to the family in a
time of distress. Children thus learn
the lesson of economy and thrift which
Americans need to learn. Habits OF
thrift generally practiced would save
much of the poverty and distress we
see about US. COnfuciuS said, HE
that will not ecOnOmize will have to
agonize." Franklin said, Beware of
little expenses; small leak will sink
great ship" A Danish prOverb is,
HE that does not save pennies will
never have pounds"
We believe it's the part Of good
policy for parents to encourage their
children in the practice of saving, and
would advise that they adopt some
method of teaching their offspring
the art Of saving, and this 'bank
method" we deem an excellent one.