The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1906-10-09
Savings

Not everyone in Seattle can be rich. or wants 70 DC.
But everyone can. IL be will, be thrifty. which IS better.
The first lesson one IS given 10 learn when he euroHs in
the school that qualities for success Is to put by a part OF his
earnings each week.
The truest iriend in tunes Of adversely OF IN moments
of opportunity, and the surest foundation upon which To
build a fortune. is the accumulated savings OF months and
years.
The habit 81 putting money away Is reflex in It's action.
The money itself IS a valuable accessory, and the quality Of
mind and character developed through this habit makes for
ultimate success.
4 skilled aud high salaricd maehinist who. a, So has
been forced to sell a valuable invention for a small amount.
because he had no capital OF his own to float IL, remarked
III / had only had a little money l could have made a for
tune out Of tha, device"
lie is badly mistaken. The fact tia, he has reached the
age Of 90 in a high paid position without having saved any
money IS proof positive that he has not the temperament
and habits thar insure success in business enterprises.
However much money he nigh; make, sharper and
shrewder people would get Il away from him, just as they
have been getting IL away from him for 20 years
\ man who cannot withstand trivial temptations 10
spend money has not in him a stiff enough financial back
bone to make a success OF any big business venture.
The stores. the streets. the places Of amusement. all fur
nish temptation 20 a young man TO part with his money. II
his IDEAL. the purpose within him, is not stronger than these
outside inducements. his salary. be il large or small. viii be
frtsered away on unnecessary expenditures, and opPoFtu-
nifty viii always find him empty handed.
1t is the order Of mind such a course indicates which
spells failure. not the mere fact Of being without ready
money. though the possession Of small savings has often
been the stepping stone 70 great success.
Ready cash is the greatest moving force IN the business
world. II speaks with the loudest voice. Il clutches things
with the frmes, grip. Il commands the suress confidence.
1t IS 10 the bank which has the largest capital that we
Ike to entrusi oar savings. and ii is the man who has made
the Wisest use Of his own money that We credit with bust
ness aeumen.
Cornelius Vanderbilt worked day and night. saving
every penny until he had S3ooo. the nest egg about which he
gathered one Of the largest fortunes ever amassed.
John WanamakeTs frs, pay vas only sf2o a week, and
he walked four miles to and from work each day to save a
part Of it, as a cornerstone for the gigantic fortune he has
built.
John D. Rockefeller still has the little book in which
he kept an account OF every penny at a time when his salary
was smaller than is that OF any Of the $4,000 men who work
for hin today.
Not al Of us can be vanderbilts or Wanamakers or
Rockefelers, or want to be; but their experiences point out
the way to money making and money keeping, and most Of
US can, IL we will. 90 reasonable length in that direction.
And there are other uses for savings than getting reh.
James A. Garfield, teaching school at $T2 a month.
saved money to carry him through college. Most Of the
really great men Of the past and Of the present. in ali lines
OF endeavor are self made-made through their own self
denial and fixed purpose.
Its not 50 much the money saved as the character that
is builded.
~Stinginess and greed are to be abhorred. They are at
the one extreme, while ~profigacy and carelessness are at the
other. The golden mean Of thrift lies half way between.
Prudence in expenditure is evidence of sanity, Of right
living and right thinking.
What you possess today is evidence Of what needless
things you did without yesterday.
There are philosophers who contend that the greatest
curse in the world today IS debt. aud this curse IS fed and
nourshcd by the great army Of spcnders. who lay not up for
the future, who accumulate no capital, who are prey to every
human parasite and slaves to their own disordered desires.