Rensselaer Semi-Weekly Republican, Volume 35, Number 121, Rensselaer, Jasper County, 2 October 1903 — LAV UP YOUR TREASURES. [ARTICLE]

LAV UP YOUR TREASURES.

No Man Should Spend the Whole of His Income. 1 Is any one too poor to save? is an important problem which ihe readers of a London daily are at present attempting to solve. Tbe question is not by any means a new one. It is one which has troubled past generations, just as, In all probability, it will affect the generations yet to come. We cannot saj that this latest discussion of the subject Is throwing; much. If any, fresh light upon it. In the first place, there is a diversity of opinion regarding tbe term “poor.” One man, who derives an income of $1,350 a year from private property, fancies he comes under the category, while another does not consider any one poor who has an Income of SSOO a year, says a writer in Leslie’s Weekly. It is manifestly impossible to fly any limit in a matter like Jhls. Very much depends upon tbe locality and the conditions and surroundings of the Individual. An- Income that would be amply sufficient to insure a family a comfortable home, excellent social advantages and a good living ifi a country village would mean many priva-f tions and sore discomforts in any large city. On the whole, however, we are -inclined to believe that Max O'lteU’s views on the point under discuSion come nearer the safe and common sense rule than anything wa have seen. “I do not care,” he says, “how small the income of a man Is, he should never spend the whole of it, especially if he has a wife and children. He should at least save enough to pay every year the premium oa a good life policy. No man is worthy of the name who does not do this, at least, at the price of whatever privations he has to submit to. Some pleasure may be derived from high living, but certainly no happiness.”