The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1915-08-27

AA~ Will SdhC uIlA1lO1lS Out |
of the savings of people
who are now working hard
to get the money."-Jos.
Chapma n, Minneapolis
Banker.
One of the country's leading
bankers issues this timely
warning against the danger of
trying to get rich too fast:
This country is filled with
fake schemes that get the peo-
pies money. The amount in
vested in them by hard-work-
ing people and inevitable lost
every year would run into mil
lions.
Recently l saw this matter
summed up impressively in
the life stories of three men all
living in the same town, each
about As years of age, each be-
ginning with nothing. O n
was fortunate enough to make
a big killing in a mining
stock when he was a young
man. Ever since then he has
been putting his money into
similar ventures, hoping to hit
it again. All he has is the
house he lives in, which is
heavily mortgage. The second
is a bachelor. Free from fami-
w responsibilities, he has lived
with the necessity for provision
against the future constantly
staring him in the face. He is
now driving his fourth auto
mobile, but aside from his
salary, his automobile, men,
bership in some clubs and some
reputation as a well-dressed
man he has nothing in the
world.
The third man married, had
a family and was up against
it hard. Provision against
the future was a live considera-
ton with him. He had to
think about wife and children
and what would happen to
them when he could no longer
work. He saved all he could,
persistently, put it into a six
per cent. investment, never
bought anything that he was
not sure would bring him his
money back, and at 45 has a
good home, all paid for and
we'll furnished. Besides he has
money safely invested sufficient
to insure him for a long time
against adversely and loss of
earning power, bringing in an
income that, if not large enough
to retire upon, is nevertheless
an item of Importance and one
that is getting bigger every
year,
The farmer brought in the
currency as a result of a saw
ing account advertising CAM
paign conducted by "a local
bank. The farmer had done no
business with banks in years.
Of course, this man all that
time had run the risk of losing
his money by fire or theft, but
that was not his only danger.
If you have some money ly-
ing idle, it often becomes
known, and you are deluged
with a multitude of opportuni-
ties to invest it in specula.
tive stocks or securities which
it is claimed will yield any
where from 8 to 80 per cent.
or more per annum.
AS prospective investor
with a limited sum available,
you are apt to feel that there is
no safe investment for you and
therefore fail toItake advantage
! of the ever-present opportunity
to increase your income, and at
the same time to have your
capital available in the time of
necessity, You will find that
everywhere the road is made
easy for you to invest your
money, with accommodating
guides and many sign posts,
but the way to get it back is
often a devious one, with no
one in sight to help you.
Keep your money in the bank
or in a conservative investment
recommended by YOUR banker
and you will beat 80 out of
every 100 'investment'' schemes
that are offered you. Men who
have anything that is really
earning big dividends are not
selling it at bargain prices.
They r not offering it to you
at all. What they are offering
you to you is something that
they do not want themselves,
Something thew want to unload.