Jasper County Democrat, Volume 12, Number 75, Rensselaer, Jasper County, 1 January 1910 — To Save Money You Must Know How to Spend It. [ARTICLE+ILLUSTRATION]

To Save Money You Must Know How to Spend It.

By THOMAS P. O'CONNOR. M. P., Irish Politician.

< simplest way to pay inevitable taxes, ;; ” and to pay them even more abundantly, is <• o TO - PUT ONESELF IN A POSITION TO AFFORD < > 4 o THEM. ’; ’ They shotdd be paid with the coin of character. jrtttttSSSif Throughout an immense breadth of the community this adjustment seems perfectly possible. One need only look out of the window to see how it may be done. One need only to cross to France to see it being done. Briefly, WE AT J, SPEND TOO MUCH. To this many replies are possible, but I suppose that no one will now have the hardihood to suggest that less spending means less employment or prosperity. It would mean these tomorrow, if tomorrow nobody rode in cabs. But this will not happen, and if it happened the wound would be soon healed. Besides, IT IS NOT EXTRAVAGANT TO RIDE IN CABS IF YOU CAN AFFORD IT. IT IS HEALTHFUL AND MERITORIOUS TO RIDE IN A CAB IF YOU CAN AFFORD IT, AND IT 18 WICKED NOT TO RIDE IN A CAB IF, BEING ABLE TO AFFORD IT AND HAVING GOOD REASON TO DO IT, YOU REFRAIN FROM AN UNREASONED AND PURITANICAL DELUSION A 8 TO ITB “EXPENBIVENEBB.”

More people would save if they would cease to regard saving as deprivation. A MAN SHOULD SAVE PRECISELY IN ORDER TO GIVE HIMSELF THE RIGHT TO SPEND. As Emerson says, man is born to be rich and thereby to gain the freedom of the earth, to achieve more contacts, finer culture and better company. How excellent, for example, is his doctrine that every man’s expense should spring from his character: “AS LONG AS YOUR GENIUS BUYS THE INVESTMENT IS SAFE, THOUGH YOU SPEND LIKE A MONARCH.” Nature arms each man with some faculty which enables him to do easily some feat impossible to any other, and this makes him necessary to society. This native determination GUIDES HIS LABOR AND HIS SPENDING. He wants an equipment of means and tools proper to his talent. And to save on this point were to neutralize the special strength and helpfulness of each mind. Profligacy consists not in spending years of time or chests of money, but in spending them off the line of your career. It is a large stride to independence when a man in the discovery of his proper talent has sunk the necessity for false expenses. The attitude of many people to the saving habit is pathetic. They wish to put by, but declare that they cannot get the thing well begun. The stone rolls back on sweating Sisyphus. Certainly IT IS THE BEGINNING THAT COSTS. If any young man asks me how he can save I have only one reply: SAVE FIVE HUNDRED DOLLARS AND YOU WILL NEVER HAVE ANOTHER DIFFICULTY. In that sum there is a magic. It has the properties of radium. The man who has saved and invested five hundred dollars has passed his novitiate; he has completed his drill and will never go back. MEN SPEND TO RESEMBLE, WHEREAS THEY SHOULD SPEND TO DEVELOP. THEN SPENDING AND SAVING BECOME THE SAME THING.