Los Angeles herald., 1907-03-09

! Hor seventeen years Henry l.. Pavey,
secretary of one Of the big mills at
Taunton, Mass. has lived on 81 a day
and placed $3.50 1-8 Or 1922 1891 to his
credit In bank. On Mondays and the
days after holidays; to which he carries
| over his Sunday accounts, he deposits
either $4.66 2-3 or S4.45 5-51
The amount of his daily deposits in
| bank vary only as the number of days
/ in the month vary, and in February he
| deposits S2.57 IL, except in leap years,
when he deposits S244 24-29. Immedl-
ately after Christmas he adds So, the
annual gift from the firm, to the
amount deposited
That IS gold piece is the only cash
he ever handles, except his 81 a day. He
spends 81 each day of his life, nevor
more, never less. He pays his board
daily, his lodgings dally-and at Q
o'clock each night, IL there is even a
penny left of the dollar allotted to that
day he walks out into town and buys
something with 1t. In all his seventeen
years with the mill Pavey never has
gone to sleep with a cent Of money
either in his room or on his person.
Refuses an Increase of Salary
Pavey is. according to the firm that
employs him, one Of the best bookkeep-
world, but despite that fact and the
fact that he could have had any in
crease in salary almost that he might
have demanded he has refused either
to change his position or accept larger
salary. even when he was promoted to
secretary of the mills. He refused to
accept a larger salary because 1t would
necessitate a change in his daily mode
of life and refiguring Of his daily de-
posits in the bank.
In vain the president of the concern
urged him to accept 5000 a month,
which merely would cause him to
double his figures, but Pavey stated
calmly that $100 month was enough
for any single man to live upon and
save a competence and that he did not
desire more. Neither when he was Of
fered a chance to buy stock In the
mill and become a partner would he in
vest one cent, being entirely satisfied
with his income from the bank.
That his fortune amounts to about
$1S.800 at the present time is stated by
the bank officials when Pavey gave
them permission to tell what his ac-
count was, and at that time he made
the astonishing statement that he never
had figured it at all or investigated.
Pavey is considered peculiar. Ger
tain it is that he has ideas that are un-
ana IIlG EGdSOH lie gives lOt IL
is that he does not want to worry over |
money at ALL He has more than enough |
figures in the mills to keep his brain
busy adding, subtracting and multiply
ing and he does not want to be fgur-
ing on his private affairs. Therefore he
has done away entirely with all worry
about money. He spends his 81 day,
writes check for the balance Of his
daily salary, leaves it at the bank and
-. to /
contented and desires moth
ing more.
When Pavey first came to the mills
as a bookkeeper he had just arisen from
4 sckbed. Before that he had tried to
make a great fortune in stocks. He had
overworried. and the result
was brain fever and a complete nervous
breakdown.
While he was convalescent he evolved
MS new scheme of life and he vowed to
'orswear riches and to live on 81 day.
Further, he swore never to worry about
money again and never to attempt to
become wealthy. What he sought was
peace and health and contentment.
Draws Salary Every Day
His first step after fixing with the
mills to become bookkeeper at $100 a
month was to arrange with the bank to
draw his salary for him and with the
mills to send the salary check to the
bank at the end Of each month. He ar
ranged with the bank that he would
send a check each day, or an order on
he mills, for his daily wage, reserving
)nly 81 day for himself and with the
mill management to give him 81 in cash
he moment he arrived at the desk in
he morning. That marked him as pc
,uliar from the first but the bank felt
iafe as it simply held his orders until
he end of the month, received the ex-
tct sum from the mill and turned over ,
he orders to the mill management as
receipts.
Then the orders were destroyed and
| new month begun. After time no
body except the paymaster at the mill
worried much, but he evolved a scheme
If having Pavey's daily dollar on the
lesk every evening in an envelope, so
ne ended his worries about the matter.
For several years the routine was the =
same, without break and without loss of s