People's Pilot, Volume 6, Number 45, Rensselaer, Jasper County, 29 April 1897 — Economy No Panacea. [ARTICLE]

Economy No Panacea.

When you hear a man discoursing (un) learnedly about economy and saving something out of his scanty income by subsisting on a poorer living and depriving himself of every species of enjoyment and leisure, he hasn’t studied his subject. If the working and other industrial classes attempt to curtail further their expenses and thus save a little surplus, in spite of low prices and hard times, another turn of the economic screws will soon be made and the little bit of surplus juice he expected to save up for his future use will be squeezed out and find its way into Shylock’s collection box. If the stickler for starvation economy can live on ten cents a day, when the trick is learned by a considerable number, he will find he has but ten cents left for him to live on.—Silver Tribune.