Montour American. (Danville, Pa.) 1866-1920, 1908-04-09
.L.UDLOW'S GOODLUcK
Millions In Store For a Massa-
Chusetts Town.
DAZZLING FUTURE BEFORE 1T
Magnificent WindfaIIs Planned by
Charles D. Rood For His Native Viz
iase-The Worthy Poor to Be Aided.
Money For Absteminous Young Men.


Charles D. Rood For His Native Vii
lase-The Worthy Poor to Be Aided.
Money For Absteminous Young Men.
The little town of Ludlow, not far
from Springfield, Mass. mas a dazzling
future before 1t. After awhile $4,000
is going to be distributed to certain of
its citizens.
After another while $317 ,2GS will be
passed around, and finally, after
third chance to get its breath, $10,-
1913, ,195 will be bestowed on the Lud-
low folks.
1t is stupendous. There is only one
trouble. It's going to be an uncom-
monty long time between chances to
quaff this golden flood. Ludlow, in
fact, is keeping quite calm.
According to the Village, Charles d.
Rood is the man who has planned
these magnificent windfalls for his
native village. He was born in Lud-
low sixty-siX years ago and still has
summer home there. But at an early
age he left the place. went out into the
world and proceeded to make gobs of
money. He decided to give four gobs
to Ludlow
The first one, amounting to $1,000,
will be placed at interest until the next
centennial of Ludlows settlement and
then he distributed among the worthy
poor of the town, especially in the cen
ter district. Certain sums to be given
to every young man who has abstained
from the use of intoxicating liquors
and tobacco until his twenty-frst birth
day are excepted.
Another $1,000 will be placed at in
tcrest and used in the second centen-
NAL in the same manner.
> third $1,000 will be placed at ir-
te est and used in the third coming
Centennial under similar conditions.
OF the fourth $1,000 the interest is to
he used perpetually and annually for
prizes for the best pupils in the differ
ent schools.
These gifts may look comparatively
small on their face, but when figured
out in their ultimate proportions they
loom large. The next centennial of
the town will come sixty-siX years
from next June. The first $1,000, in
vested at 31a per cent interest, COM
pounded semiannually, as is the Gus
tom with savings banks, will amount
to $0.ST5 on the next centennial day.
AS Ludlow has but 1851 inhabitants.
according to the census of 1905. and
the total number of registered voters
last year was less than 800, this sum
will provide adequately for the alb
stemious young men and the worthy
poor unless the town grows more rap
idly than 1t has grown in the last 134
years.
The second $1,000, invested under
similar conditions. will yield $31T.2GS
at the following centennial, 16G years
from now. With the knowledge of
this fund, which doubtless will be
widespread at that time, the number
OF nondrinliing ana nonsmoking young
men in town ought to be large enough
TO give Ludlow a worldwide reputa-
ton for the conduct of its youth.
But the grand prize is still century
off. The third $1,000, invested at 31a
per cent, will, in June of the year 2174,
when the time comes for its distribu-
ton, amount to the stupendous sum Of
SO, 1913, 195, increasing more than ten
thousandfold from the original sum-
The number of virtuous young men
and worthy poor that can be provided
for with this great fund would be
enough TO make n respectfully sized
city.
More than this, the towns bene-
factor has provided for perpetual and
annual prizes for the best pupils in
the public schools, annual relief for the
poor of the town, independently of the
distributions of the large funds, an
nual assistance in the support, main
tcnance and repair of the First Con-
gregational church of Ludlow and the
payment of the PASTORS salary.
There will be also annual distribu-
tions of Bibles to baptized children
who have reached the age of seven
years ana money prizes for Sunday
school pupils who have had a perfect
record of attendance for year.