The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-09-29

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A. t.nr- are I-zIg ac1y.z-a..-s
a-d many o5Do--.E.'.s4 g.. a 5rs1.
IN b, 10-. be va ,hf5-g. college
tas .s 1,t ~ cl'ac.l, He ,a1 e.,
..1 during the IRE; college yaca..o-
s1lca ~lI ueid Lll el,.g. -ag-g
q, =, Ds.s ~ scaoll ol. u - gets
teao.zrsalD as car p-o'1ce 'yr lE
.1a-1 5g being As.1ry agea'. ~.
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.llg.s h1gs 90 every year ~ s-..rs
o. 4l.c4-sa. T.s s.z-, .s .14 uos'
e.'ac.t th.ag AID 8, is made yossi-
. bio 1y a small ala1.a, ~ moaey sg'
lsay each gs4- q. a .4s.lzs oa-k
There are other aays By a1.ch il-
.es.a,,rs may provide ',r ,ss et-.
,a,lon " aDya and girls u D.Ds.e
are 90 fairly go,1. e.rcIu stances and
are able ~ buy. 'o- example. D9lt
and pl, o, aside ;,r me edIca'.5n oi
,ae c.ud g. is !u,eres,lag u see
aha, ca. De accomplished
/ % a thousand dollar bond 9. b9lga,
when a child Is barn. the Interest
1u l'. put iluD a s4yings bank. would
make a neat sg'l by 't- time the
child So grown of ready FOR college
Take a thousand dollar bond paying
/ 3 per cent The Interest each year
would be- go. Assuming that the iu-
terest is payable January and J1ly.
here could be Deposited the sum ~
lZ5 every EiK months ~ per cent
| 'hls interest alone would amount ~
1I.zs547 b. the time the child for
whom the bDud r. bought is II years
Old IN other words. there would
have been deposited $500 IN Interest.
aud the interest on these various de-.
poslts would Dc S3J5i7 This would
more than pay for half Of the college
education. and the principal Of the
'fnd Cfor the bond could easily be
sold would pay for the rest
\ merchant in a large Southern
city hlt upon a good plan to provide
a fu.d for his children when they
shou reach the age Of ~ years
WHOM each child was born he depOs
iied a dollar In savings bank In -
name. The next year he deposited
Two dollars He kept this up each
year rpr each child. deposlting tho
nun Der Of dollars that the birthday
repro seutcd In years. When each
child became Of age there was s306,
lG ~ its credit In the savings bank
The putting aside Of this money was
carcely felt by the parent II came
In small amounts and at intervals. II
had good effect on the children, cs.
poclally on the boys who realized
that they had bank account. and Il
mad" them see the value and impor-
tanc" of saving money.
In this connection II Is Interesting
10 90" 10 what large amounts small
sums of money can grow when put
into savings banks. n "A parent
win uut aside cents every day. $50
"A month and deposit n In savings
bank ~ the end Of ten years II Will
amount TO {222 80 In principal and In.
torcH' The sum Of 10 cents. saved
ever day and put into sayings
bank at compound interest viii as
grogai" 1886 In ten years The
sum ~ ~ cents. by the same PROCESS
Of savings and deposited In a savings
bank viii roll mp sGGsiS I'm ten
years while 20 cents "A day in ten
years viii represent the neat sum Of
| gS9Ogg
All this results from the fact that
mon"y works all the time II you only
nut n out 10 work for YOU Fort
worth RECORD