Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1910-05-05
is 1T WORTH WHILE

!. is 1T WORTH WHILE
Example of a Penurious
Saver Who Left a Million
New York World
An old confidential clerk in a
banking house has just died,
leaving an estate of between
$2,0OO,000 and 100000, all
saved out of his wages and ac-
quired by investment. Far
IRON being a difficult feat, this
this is rather easy. Any bright
boy who fancies such a career
can repeat it.
Suppose an Office boy Of l6
has in two years saved by
pinching self. denial 500. He
can loan it at legal interest on
good personal security or in
vest it to yield 5 per cent. In
the former case if the yield is
kept reinvested it will grow to
S., 200 by the time he is Is; in
the latter case ~ $1,000.
But the bow / rson saving.
His wsg ~.ised from time
to time, *rn as his second,
third and ucceeding $500 come
more quickly, each in turn is
set on its way to grow into
thousands. At IS he has a sal.
airy of perhaps $4,000 a year
and saves ST. 800 of it or more.
The savings of that single year,
kept invested at legal interest,
will grow to $4,000 in forty
years. But already he has
many other dollars at work for
him-or rather for his unloving
heirs. AS his salary grows he
saves and invests more, and
still more. Probably he will
see frequent chances of profit
able usury. But he will never
take a risk. He is a faithful
and trustworthy though not
brilliant employee. He does
become dissipated nor glutton-
,us and so has no use for doc
tors. His employers appreciate
him and he coins their appreci-
alton into more living, growing
gold.
Of course he never marries
He sperds nothing on enjoy
ment Or self. culture In the
end he dies a lonely death, and
from the famous will case that
follows the lawyers profit
nightly.
There are probably a few hovs
in New York TODAY who will do
this very thug. 1t is ir. them
to do it. But is it worth while?
Deep Indignation is felt that
here should be mention of the
fact that in several Kansas dis.
lricts just now--while the 80
day test weights of the mails
are being taken, TO establish
The basis of payment to the
eailroads-the mails are flooded
with hundreds of pounds of
ancient documents from Wash
ington, franked through on
congressional franks. Why
should there be any indigna
ton because of this disclosure?
Somebody is robbing the postal
department., which already is
cryipg over its deficit. The
robbery occurs not only in the
sending of useless junk with
out postage, but in the artif-
cial padding of the mail
weights which are to establish
the basis of payment for four
years to come. The subject is
one which very naturally ad
mits of discussion, and inquiry.
If eminent responsibility would
get the habit of saving up its
wells until it is hurt, and yell
ing less when llain graft is at
tackled, it would enjoy better
rest and a safer reputation -
Ottawa (Kan Herald.
What You Can Really Afford
Some people think So Is is 9
good deal to pay for 2 gallon f
varnish.
Isay 81 25 is too much if
you don't get 81 Is worth Of
servise in return.
No one ever used mine that
was not convinced he cou d
not afford to bother with an in
ferior adulterated quality.
You can find out more about
mine at Roht w Harvev's