The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1909-05-07
KEEP MONEY AT HOME.

i'o 40 Soou ouflSS LII
here are many excellent reasons why
I should be followed. A Merchant
aid Taxpayer, in the last issue of this
laper told some of those reasonS we
wish to call attention to another im-
9ortant one, and that is that we should
Guy at home in order 10 keep as much
money in circulation nero as pos
a;ble.
j. is .1G anOunt OF money III circu-
iation that determines whether bust
ness is good or bad. whether farm
PRODUCTS have a ready sale or not,
neither houses are built. giving en-
9loyment to carpenters, bricklayers
and others, whether improvements are
made, whether merchants and bust
Tess men need clerks, whether depos-
its are made in the banks: in fact dull
times or good times are governed alb
s~3lutely by the quantity of money cir
culating and in use in the commu-
nifty.
An object lesson of the correctness
IF this is given us twice a year. In
the fall when the crops nov the
money comes to buy it, and while the
money is here circulating. business is
good. If the amount brought in would
remain we would have prosperous
times with everybody the whole year,
but as this section is not a manufac-
turing section, in abou four
months a large proportion of the mon
ey drawn here by the harvested crops,
e east, north and west, to pay for
dress goods, clothing. hardware. farm
implements, and other articles that
we have to use. We then have dull
times and wait five or six months
hoping for a big crop 10 bring the
money back.
And in considering this coming and
going of the money here. special no.
tice should be taken of the tremendous
amount of activity of the money in
proportion to it's quantity in paying
and buying and giving employment. A
study of what even one dollar can do
in buying, selling, paying debts, en-
ploying, building, etc, when kept in
constant circulation, shows amazing
results -then what can $1,000 or $1O,-
900 do if kept in constant circulation?
The patrons of mail order houses
and out of town concerns, it may be
taken for granted, p~atronize them I'M
M - H. I1I:oc kL-t xlAr ~ h,,yyi1on
cheap, saving money. Even admit
ting that they do save a little on such
purchases, (Which, however, is not by |
any means the case in a great many
~instances), the saving such as it may !
be. will not compensate for the loss
Of that money out of circulation in the
community. That very dollar sent
away if kept going in Lafayette parish
could have and no doubt would have
in the course of a year paid, bought
and employed to the extent of $1,000,
creating possibly $500 worth of profit
to be distributed in the community.
The original holder who sent it away, |
let us say, saved 25 cents, how does
that compare with $500, and isn't it
likely that he would have in the
course of the movements of the dol
lar got his 25 cents profit?
The importance of having money in
circulation is recognized every day
by all communities. Right here in La
fayette we are anxious to have the
railroad shops moved here, we want
industries of all kinds-why? Because
t4ey employ labor thereby putting
money in circulation to make business.
And yet some of us sen our money
OF to employ labor in other commune
ties and let the money circulate there,
mistakenly believing that if individ-
are ahead-and all the time we are
playing a losing game, and don't
know it. There are thousands and
thousands of dollars sent out of this
town and parish yearly that ought to
be spent at home. and not as a matter
Of sentiment but as a matter of com.
mon sense. Money stpent here stays
here, and you get back profits out of
it directly or indirectly, but money
SEM away is gone for good and neither
you nor the community ever get anoth-
er piece of benefit from it.
Knowing the Importance of keeping
money at home to work. the course of
action to take then to have prosper
Gus times is to raise all we can for
our own use at home, raise and make
what we can to sell to others and teal-
ously keep every dollar in circulation
ct home that W. a by patronizing
our home merchants, home printers.
home industries and buying from our
farmers and neighbors.
THE OFFICIAL JOURNAL.
Commenting upon the requirement