Newspapers / The Danbury Reporter (Danbury, … / Jan. 20, 1915, edition 1 / Page 3
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Hoarding Money. There is a tendency among peo ple v.'ho live back in the country districts, and away from general business and industrial activities, to hoard away or hide their money somewhere about the house or premises or to carry it in a large cumbersome roll upon the person. Two main reasons may be assigned for this practice. The one is that in former times when there wa3 no nearby de |x>sitories and few safe and profitable mean? of investment, hoarding was the most practicai of conserving ready cash: a*M the other is distrust in the banks. Many country people do not regard the banks as sat'e places to out their money, and that in some way they may loso it. ."his fear and distrust is large ly i;e to ignorance and lack of iniormation concerning the n" • iern banking institution. The ba::ks are about the fairest, ir:',\?t useful and safest business institutions we have, and there is -.arcelv ever a failure and a m nev loss to depositors. And, 01.: banks are forced to be I straight and upright toward the' ( i. .ic whether they would wish to ;• not. The banking laws are «:' v.e very strictest nature and -i;;-..•••vision and direction com- , p. in every detail. Resides : in- cashier, who is heavily bond- i t'd. ;he depositor's interests are 1 faithfully guarded by the State i L!a. k Inspector, who makes fre- I wt.'-m unannounced visits; bv the i tJar.k I )irectors, who are stock- 1 holders ar.d patrons of the in- i str.ution and who are charged j wicn the business direction of the j i bar.-:, its investments, loans anil j t ketying track of the conduct of. a tlv- cashier and other employees; \ an . beside these, every year the \ stockholders, who are the own- c er- ! the bank, come and look s i ow • every investment and t I THE HISTORY OF A FORTUNE j | How a Young Lady Started Life With the Saving Habit Fixed I ♦ Upon her At Birth—How the Beans Hung Around : | Like (irant Around Richmond==The Wonderful j Power Of Four Per Cent. Interest. ? * •♦as®*' A man wc'iit into the Hank one New \ car s morniiv/ with a ♦ spirits, and received this answer. wmi a Dioad K iin on hi* hue. Ihe cashier inquired the whereior. „i such good I J . stranger arrived tit my house last night. She weighs 12 pounds and is the nreltit-st «»-;-1 in v .. i ♦ (I am going to deposit SIOO.OO on savings account tor her in vour bank to remain tilfsY iJ - \ Mates. lam so proud of her that t will add $100.001« the fund every New Year's morning until she is *row!,.' ' " c " n " ,,u " u ' interest. If I live I ♦ Ihe man was good as liis word. He was a poor man, hut he managed to lav aside inn wi '« n. ( , , 2 ♦ ?J*_ g>«d years and bad years, he came in promptly to the Bank on New Year's niorninir and denosited Von nl! '.T ' tile years oi adversity, I . Ihe Bank compounded the Interest regularly at "four per cent, and the suni waxed lar«er and larKe? " his d '" li;l " cr J (One day the man called the daughter to his side: X "Child, how old are you?" ♦ "Father, I will be 21 next Tuesday, New Year's Day." I "Nell, I want you to go with me to the Bank that day." ♦ , „ early the rig was hitched, the old mare went down the pike and drew up at the Bank Miohrino- tlu> ,iU , Ji • , . ♦ the Cashier he wanted to draw out his daughter's savings Bank. A uhting, the old nun escorted hi? daughter into the !'.ank. where he told * ("Yes, sir." ♦ you^reTsir/' 0 "* With 3 ,Uck of cHsp tank n ° ,es from *Wch I* *■*** the 21 year's savin** a.*1,10. year. j "How much is it ? Is all that money mine?" asked the delighted girl. ♦ '"Three thousand, four hundred forty-eight dollars, thirty-five cents s;> 44S .T> >" f ♦ hven the old man was astonished, as he had no idea the sum could have grown like that. 1 (..vt 08, r U 5t P er T ce " t - ! s Powerful, if you will only give it a chance." said the Banker ♦ T , • , fat f her - 1 do . n 1 n * ed thls money - What shall ' do with it?" asked Miss Nancy, if I carrv it home we will be nfnid t„ ,m t ,.|„ •„ ~.■ 1 Think ot fire, rats, or robbers." - u • 11 1,u1, - t - ««'• «• anaiu to go to sleep with a!! that money in the house X ''Well, it is yours," said her father. "Do with it as you please." I I 1 he " lam to . leaVe 11 m the bank 1,11 1 Ket niarried ' and wiil m y aelf add another *liKi.tiu to it every New Year's morning from my chicken mon.>y." ♦i Mi ♦♦♦♦ mi ♦♦♦♦ IMi ♦♦♦♦ We" itl so happened that the young lady did not get married until she was thirtv-three and each m - - ♦ I ,^ ai s heha d add e d from her money earned by growing chickens *IOO.OO per year to the pile iust 4 I as her father had done. So on her :Wrd birthday, the sum in the bonk had grown to be*7ll!7 (Hi | I u After the wedding. with the future before them, the happy couple discussed the uuestion of I ♦ to do with the fortune that had been saved. It was decided to let it remain in the bank and ♦ ♦ i u f j ev \ Y £ r , s da> ! n j?t onlv tlie wife should deposit her SIOO.OO regularly as before but tint # ♦ the husband should deposit SIOO.OO also. ».««««•>. u» oeiort, out that ♦ I be $1u04.38. WM kt?Pt UP f ° r 21 y ° arS ' at the Cnd ° f which timo the 9um in the bank had tfown to | Then they drew it out and bought the finest farm in the county ♦ «. QO S°' dea /J® ade , r - you can see the power of interest if let alone awhile. Here only $7 :>IX> in a'l I J was deposited in the bank, yet it had earned $17,(504.3H interest J *' ln a 1 ♦ It he Bank of Stokes County will pay the young and the old to save their monev ♦ Four Per Cent. Interest and \our Money Always Ready When You Need It A -, ANK ,1 F STOKES COI] NTV, DANBURV OR WALNUT COVE J Old People Everywhere Say Per una is good for 0 Coughs, Colds, Catarrhal D' seascs antl a f (c r effects f * ir 'P' i ifcMP When t firs* knew of Pomna the drue- #Wi KjstH here did not keep It. Now the/ V:' .J|H9HF hav« lived In this plaee eighty. . mm? i four years lam a farmer. Waa bora .JK I Where 1 live. I have three IIVIIIR . till- Should you publish this In the papers it will reach many of my old W friends. You ran us.- my picture as ;: i& you think proper." Mr c,. \V. 11-ib ■ I'rla, It. I". 1). j, i;os S'i, Pickens, Miss. , ":j. Eighty-two Years Old. "'I had :i severe attack of grip. I suffered terribly \vhl|.' It l ist.»l. After MP.VV.C. HEMPHILL. } , tui ,, ' m.'i \ e~\»et »V.T •• 1 N\ Y. Eighty Years Old. ' Eighty-ons Years Old. "I hnd a >:rcut !• U of trouble w!' 1 ~j | ~j -.p. -ration my bo'»vo|.S Mid bioid iind J:iI1 ~ , ■ ...' . ...' I. I lay rlsht hip vhielt f. 1: like rh' t tt i- i ._ tic.i Wenk hack. '> i. tip.ned. I'ri: .. ..' . ... . ..' I.i-ly ,0|..r.,l Many doctor* fali,l. liv ,.; -".nod ZKrt , e Vi': 11 . 1 1 1 »«•«••• i ■•«« i v........ • ..• d. I h.'\v /taiti.-d I' 1 - I ', v.'.. !i t uiit .>.•• riuli' tip " Mrs. Eighty-four V«n OM. | fcffSSWS V "" T C„ m . "About fifteen or twenty years n«o ni- tfed t.tJJinj p.»r.i:. t at:.l u in. ,] I vi» sufi'.'rli.B with pa in.! In myl elev. n pounda. In i a t rn-.Ji.-l.i-- back. I could scarcely «et about. I A fair trl il woultl e.v.via.- any one ..I K it some Peruna and was relieved of its etllca •>•.' Mr. I'. M. Jottriou, lio l.i. 1 pains ever .vinee. ; i,-alus:t. I. uti.-iaaa. "I have used l'eruna oceaaSonnliy! Those who objsct to liquid medi bUie .- and lccutuiiien.l :U it to o'li ii. cires can now ooti.n Peruna Tablets branch of the bank's business, land their word is law. ' People who have saved up money and who have never trusted it to the bank should think over this matter, investi gate and look into the thing and see .iust how safe a modern bank really is. We know there are many people who take wads of, money and tuck them away be tween the bed covers, hang them up to *he rafters conceahd in bags of seed or stick them away in some drawer among rags and .iunk. You could prepare a j more inviting bait for thieves, and if it is not stolen it lies there and does you no earthly good. It would be safer in the strong vaults of the bank, protected by careful supervision, capital stock, surplus and burglary insurance, | there at compound interest it • THE DANBURY REPORTER would double in amount in less than twenty years, without any effort on your part whatever. And that is r.ot ali. When you put your money in the bank it goes into circulation, into use it helps you, helps the bank and helps the public. Suppose all the money that is now hoarded away were brought and put in the banks. A business boom and a period of prosperity like we have never known would follow. The money would be absolutely safe, the owners would immediately begin to real-! ize upon it, the banks would be made stronger and more pros perous and would have at hand money to lend for every legiti mate business or purpose. A great volume of money would go to work and you can not imagine the result. i One of the greatest causes of hard times and panics is not a lack of money, but because peo ple hold to thei- money and will not put it into use and circula tion. As a matter of fact there is always just about the same volume of money in the country. We believe that if people would i look at it in the proper light they would see that it is wrong to hoard their money away and ! take it out of useful and neces- j | ary business and trade. We do; not believe any man has a moral' | right to do that. 1 he mere paper' or metal is his of course to do with as he pleases: but the real value—th> commercial, the trade and business value of money is a thing that no man has a right, to strike or destroy. He hurts other people without anv ' cause and does h;r. sell" no good, and that .> certainly wrong. 'iake y>ur money from its hid ing place and put :t n the bank, and let it ;o to working for you, i helping business and your com munity and county generally. Do j not conclude that this is a bank .•advertisement. In a sense it . may be, and it is also an adver . tisemcnt for you if you will use | it. But we are looking at the ! question frem a public interest standpoint and we believe that all would be helped t y following I this advice. Exchange. ! Many Disorders Coins From the Lser' -- - I Are You Ju:it at Odds With Yourself? i Do You Regulate Living? Are you sometimes at odds with! yourself and with the world? Do! ! you wonder what ails you'.' True I you may b" eating regularly and sleeping well. \et something is the matter! Constipation, llead-j ache. Nervousness and Billious i Spells indicate a Sluggish Liver. The tried remedy is Dr. King's New Lite I'ills. Only 2."> c. at I your Druggist. Buckien's Arnica , Salve for Skin Eruptions. Stop the Child s Colds They Often Result Seriously. ( olds. ( roup and \\ hooping ( ough are children's aiiments which need immediate attention. The after-eflects are often most serious. Don't take the risk •eeeeeeeeeeeeeeeeeeeeeeeee {READ THIS! | 9 In Order to Make a Change in m • Business I Will Give a 3 f Distort of 20 Per Cent, i t 'N 'IX J | Furniture, I 1 Stoves, ] | and 8 | Clothing | J UNTIL m | February 15th. : • Anyone who needs Furniture, 2 Stoves or Clothing, will do $ 2 well to see me. If | J. W. Morefield & Co., f 2 WALNUT COVE, N. C. { 8 I'. This I*urniture. Stoves and Clothing must be 2 Sold tor something in order to make a change in 2 business by or before KEIJIU.'AUY THE |.">th. you don't have to. Dr. Kind's New Discovery checks the Cold, soothes the Cough, allays the In- Mamation, kills the Germs and allows Nature to do her healing work. ~>oc. at your Druggist. Buy a bottle todav.
The Danbury Reporter (Danbury, N.C.)
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Jan. 20, 1915, edition 1
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