The Washington herald., 1908-04-08
WOMAN'S
POINT OF VIE w


Until the millennium comes workers
must prepare for the future by saving
some. part of their weekly wages. The
millennium win mean pension for old
age and disability, one on which life can
be supported and ease of mind made pos
sible. 1t can be managed by paying
premium ike that demanded by insurance
and has no tinge of charity. The pay
ment of a regular sum of money, graded
according to the size Of the expected pen
sion. means buying comfort in adversely,
and It is a system practised in other
countries with satisfactory results. It
reduces pauperism and makes old age
bearable
Saving even small sums is not easy
work but most workers would fnd it
possible 10 pay a bit Of premium on the
future. The scheme should be in the
hands Of the government, and the money
Of the people be so safeguarded that
loss is impossible. The annuity plan IN
England is the refuge of men and women
of modern means who want comfort with
out annoyance. and either lack direct
heirs or are Indifferent to them. An an
nuity Is a safe risk. for the sum paid
out is never less than a fair rate of in
terest On the investment and death often
makes a large profit for those who pay
the annuity / have known several men
and a few women, persons of leisure, who
were glad to escape the care of prop
crty by sinking il in an annuity and
! living according to its proportions. They
have always talked of it in well-pleased
tones, and that I regard as the best evil
/ dence OF the wisdom Of the scheme.
| The future must be reckoned with.
know that old age is not a pleasant
/ thing TO anticipate, but combined with
hardship It is simply hideous. The aver
age working capacity is limited, and the
years during which saving is possible are
few. The ideal plan is TO start some
/ business before it is needed for bread and
/ butter winning and have It well under
way before the pinch of necessity can be
/ felt Il matters little what IL is so long
as It earns an honest dollar-lt does
not recognize age limits and business
I employers. Unfortunately the great ma
| jOrity are not ftted by nature 10 make
any business successful. even though
efficient workers. and for them there IS
no better way of saving for the inevitable
rainy day.
Some day the plan OF providing for
children by starting a bank account for
each baby at birth and adding to it on
each birthday will become general, and
there will be a hope of fostering thrift
in growing children. The possession Of
a bank book which they cannot wholly
own till legally free from the guidance
Of parents is often a matter of pride
which prompts saving. Everybody knows
how hard il is to save the first hundred
dollars. and how much the difficulty
|lessens.with every addition TO that. Look
out for pennies and dollars will care
for themselves is the motto Of small
boy know who has a tiny allowance
each week and saves every penny Of It,
He is laying the foundation OF a habit
that will tend 10 make life pleasant FOR
him, He is going to graduate from the
public schools to a humble position in a
large business house and work his way
up to "a partnership which he will buy
with his savings. The rest will be easy
He has a good home without cost 10 him
as long as he does not squander his
money, but at the FIRST sign OF extrav-
agance he wifi have TO pay board which
his father VIII invest 10 the boys credit
His future is bound 10 be safeguaTded.
you see as is that of any other boy
who tries 70 make the best Of life.
BETTY BRADEEN.