Daily capital journal. (Salem, Oregon) 1903-1919, 1911-11-24
WHAT WE DO
CHAPTER 19.-Is Your Dollar Working
What Is 1t Earning?

Many peope work hard for dollar but do not stop to
think that the dollars they have earned could be put 10 work
to help earn other dollars,
man of large financial means once held up silver
dollar OF the view of the writer and said "A dollar invested is
the best workman have employ lot of people but
some Of them are complaining or kicking all the time Some
Of the best of them get sick sometimes and then It's hard
TO get a substitute Take them as whole and they are
never satisfied but when put dollar work works night
and day for me and at the end of year I'm sure Of its
earning with never kick" This fellow made very large
part of his fortune by knowing how to make every dollar
that came into his possession work for him at the highest
rate of income dollar could produce, your dollar earn
ing for you all that is possible for dollar to earn?
The story is told of how man started out to find job
for his dollar He first went to a banker and Sad Il" want
job for my doIar how much will you pay me for it for
year," The banker said, "I' give you four per cent?
cents" Said the fellow ou will loan that dollar out again
for SK eight or ten per cent Do get any of the profit
you make over four CENTS" NO." said the banker 'hats
our profit You see we have the risk Of Oanng your dollar
and besides have so many other fellows dollar here that
some Of them may want THEIRS so the law won't allow us
to loan out more TINA 80 cents OF your dollar anyway Four
per cent really all we can afford to pay and we couldn't
do that you didn't agree to leave your dollar at least
year, You bank acts more depository for people
who expect to use their dollars soon than for people who
want to put their dollars to work. permanently" 1--WE
worked too hard to get that dollar to let out for whole
year for four CENTS said the man and walked OUT
The fellow then went to dealer in bonds and said; I"
want job for my dollar, How much can you get me for
?" The bond dealer in answer $ad 1--WE can furnish you
some very good railroad bonds which will give you five cents
year for your dollar We have some good corporation
bonds which will! pay you six cents for your dollar" III
these fellows who hire my dollar make more than five or
six cents with it, after paying the costs Of management ct
Ceerar how much do get cut of 9" WeI said the bond
deae you don't get any more than your five or six cents
Even the property in which your dollar is invested gets
valuable on account Of full development of the country
Or anything Of that sort you don't get any MORE You see
the only reason these fellows want your dollar is because
they get for five six cents and make good profit
over that for themselves" Much obliged Mister but I'm
going to see if can find place where my dollar earns as
much as anybodys dollar friend told me conId invest
my dollar with BohnSedt and that my dollar would go right
beside BOhmSteds dollar and would earn just as much as
his dollar I'm going to call on BohmStedtP
How the fellow found job for his dollar with BohnStedt
will be told tomorrow You can find out for yourself by fill
ing out the attached coupon,