The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1916-07-14
Working on
A Principle
1t Brought Its Logical Con.
sequence.
By r. A. mitchell

without Joel? They could not afford
to hire help, and If he deserted them
they would have much harder time
than now.
I'm tired" continued Joel, "of see-
Ing you and father grinding your lives
out in this fashion. There's little
enough to be squeezed out of our long
worked lands, and If I don't break
away from them Wen none of us ever
get any comfort, was talking the 9TH
er day with Mr.. Ashurst, whose family
has been spending the month of Au.
gust with the Parkers. He says that
any man can get rich If he'll do just
one thing-he must save every cent
till he gets enough money together to
make an investment. From that time
on he has an assistant-the money In
vested. 1t is making more money for
him even when he is asleep. He saves
some more, and this, with the interest
that has accumulated on his first in
vestment, enables him to make an
other. BY keeping up this process for
number of years he rolls up enough
to live on without doing anything, ride
In his carriage and in summer time go
among the farmers, drinking the milk
and eating the honey that we folks
work so hard to produce"
: Mrs. Harding had lived long enough
1 In the world to pick what flaws there
might be in such reasoning, but q
mothers first object is what her child
| In khaA
an idea in his head, and the only OBJ
lection to 1t he would listen to was
that while he was gathering this in
terest bearing capital she and his ia
Their would be obliged to work all the
harder besides being deprived of the
comfort to be derived from association
with their only child. So she said:
Very we'll, Joel. If your mind is
set on going to the city to make for.
tune l suppose you'd better go. You
won't be satisfied here any longer"
Joel took her in his arms, kissed her
and said that his principal reason for
making the move was that he might
better his parents condition.
That night Mrs. Harding had a long
talk with her husband about Joeps
proposition. Farmer Harding was
dead set against 1t, but when his wife
had finished her arguments, which
had no effect upon him, and began TO
plead he gave in, as husbands usually
do under such circumstances. and
promised that he would not oppose his
boy going. The mother put her sons
clothing in as good order as possible. !
and the next Monday morning Joel, |
provided with all the cash they could |
possibly spare, started on his journey |
Looking back at his parents. he said:
Give me five years and I'll return !
this money with a thousand per cent
Mrs, Harding turned away with
smile. but to hide her tears, while her
husband stalked into the house with
the remark:
III | understand Alright the principle
On which he is to make fortune he's
sending us. In five years a thousand
Der cent interest on the money will be
violation of that principle. Success
oy the principle he acts upon is based
IN strict adherence to that principle"
on. pa, you are always figuring
hlngs out on principle. Joel is doing
his for our good, and he will make
,ood"
Joel found a position III the CITY Mt | {
o a week Disregarding a tempta.
Ion to wait before saving till he
armed more, he lived on 81 a week.
iacing the other dollar In a savings
ank At the end of his first year he | t
ad placed in the bank $52 and as
1uch more as had come from Increase c
salary and extras earned, In all /
ONE 5000. $
Among his fellow employees Joel
ias considered the stingiest of the
nngy, but his employers. seeing that | e
e possessed determination and self t
ontrol, advanced him rapidly. Either ?
possessed business qualifications d
aturally or, his heart being exclusive
SET on business, he became an adent r
IL. AT any rate, he soon came to be n
trusted with matters by the firm
lat were not intrusted to his fellow j
erks of equal grade with himself o
his naturally brought him increase e
salary, and before the first FIVE IL
ears had passed he was occupyine n
e position of head clerk.
joel did not forget that he had vol IL
lteered to send his father and moth. CT
at the end of five years the money Il
ey had advanced him, with Ooo pl
r cent interest. They had scraped
$50 for him. on which the interest &C
LOCO per cent for five years would p'
!, with the principal, 1928. Joel " !"
d at the end of the fifth year nron. II
y worth $4,000. 1t was invested in
AWAY securities which were worth ~
I quite so much as he had paid for ~ ~
EN-. To reduce his nest egg nv 90 90
ge an amount, especially selling at 70
loss' was not to be considered He A,
'ote his parents that he had made "a
amount three or four times over 70
would defer sending it to them mi ON
could sell certain securities in Jc
lieh he had invested at the price fir
ha