The daily banner. (Cambridge, Md.) 1897-2008, 1916-07-01
MINISTER WHO MAKES
GOOD use OF INCOME
Sent to Build Up Ocean City Church,
Because of His Splendid RecpSd As
An Economist.

Rev. w. C. Poole has been se1pt t.
Ocean City by the Wilmington confer
ence of the Methodist Episcopal Fhurcl
to build up the church at Ocea4 City
| and to raise the money and buildta new
| edifice at that place. 1t would appeal
that he is the man for the job. -9
He recently was awarded a prize O.
$50 for contribution to the New York
Evening World on making the best use
of his income. This is his letter:
Il have received $11,730 In 16 years
for preaching in five different charges
This has been an average of S73318 g
year, in addition to house and dona.
tions. 1t figures out about $50 month
or SIS a week. The salaries have rang
ed from $41O year to $1,000. This time
does not include a short time yerved
a mission church at $40 a month. 1
| graduated from college and began
preaching with s22. and out of DEBT. be-
fore beginning this record.
| I have saved over $4,000. now In A per
cent. savings banks; made 13 payments
on one120-payment life insurance poll
cy for $4,000; made eight payments on
one 20-payment life insurance policy
for $4,000; visited the eXpositions at ST.
Louis and jamestown and leading
cities; travelled over nearly all New
England trolley lines in summer vaca-
tions; kept full supply of new maga-
zines and books and given freely to
church and charity works.
MY ironclad rules are: () Never
buy cents worth on credit think
l have saved $50 year on what bou-
ght and another 500 a year by doing
without things which / did not really
need in order to keep this law. CD l
have kept faithful account of all re-
ceipts and expenditures since my first
year and each year tried to forecast
plans so as to get better results from
the same amount of expenditures the
following year. 60 I started by saw
ing 81 week and living on the re-
mainder. 1 made that rule because l
saw young friend burning up 81
week in cigars.
My present rule is: Ten per cent
for church and charity; 10 per cent. for
savings bank.
Il pay my life insurance and save
what 1 can out of the remainder for
unusual expense of sickness or acci-
dents 1t is only fair to say have not
needed to draw largely on sick fund.
Perhaps unwisely. 1 do not belong to
any lodges or orders My church work
supplies my fraternal needs. l never
talk of poverty to my congregations.
ask more money. though my salary has
sometimes been raised. / frankly tell
my officials that will live on less than
L receive and owe nothing if have to
wear overalls. and they appreciate it.
do not want so-called big churches.
because they do not give a minister
time for study and research and origi-
nal investigation.
Il have never spent dollar for to-
bacco, drink, theatres. movies or aS-
called fashionable dress, but have q q
the requirements of s.-.nffifstef in al !
grades of financial and social church
life. When 1 cannot get what makes
me glad I am glad of what I get-or
try to be. 1 have more to be glad of
and less to be sad of than anyone with
a better financial system, although I
have sought for such. The above sys-
tenn was largely inspired by reading
the autobiography when 1 was a boy of
Benjamin Franklin. The reading of
this book should be required of all
before they are allowed to
vote"