Newspapers / The Advance (Elizabeth City, … / June 12, 1916, edition 1 / Page 2
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ifllTORJAL Gin Joseph Pee'e, Associate Editor. Reports frc.m Kotky Mount are loudly proclaiming that Farmer Dauhtridge after the primary joy fully went home to cut his spring oats. But how do we know that he didn't go out in his garden and eat worm?. The annual catalogue of the Agri cultural and Mechanical College at Raleigh has just been Issued. The new n.miler shows an enrollment, in eluding the Short Courses, of 800. Year by year this vigorous young technical college Is going forward In numbers, in . buildings, and particul arly in equipment to do the special work which is its mission. IS ALL OVER BUT SHOUTING Continued From Pa .re One Heels on the fust ballott was: For Roosevelt. Butler. Robinson, Rob erts, Brlnson, Parker, Ward, Tuck er, Jones, and Sea well. "For Root, Bynum and Lewis. "For Weeks, Settle. Dorsett and HarrlB. "For Burton, Meekins. "Four , North Carolinians made brief seconding speeches. Me.eldns spoke for Burton, Bynum for Root, Butlef for Roosevelt, and Settle for Weeks, CHAUTAUQUA MAKES GOOD Continued From Page One Thepe words from the beautiful story of Estehr were Or, Wirt's text last night in a sermon of two text last night in a sermon of rug ged s'rength and power that grip ped the hearts of his hearers and held their attention to its close The subject was. "The Heroism of Success." The speaker pointed out that In order to achieve real success one must hate a fixed and high ideal, and then the determine tion and the con: ape to to attain It "I go hi unto the king," said Esther She was satisfied with no appeal savi to the highest and the ulti mate. And having tixed In her mind a hkh purpose she bent every energy ana lower to i accom plishment. In her su cess she not only saved her people, but lifted herself out of the silken shelter of the sing's harpm into a place among the immortals. The highest courage in the world H not heralded in the newspapers per regarded wi'b medals. Some young man, splendidly eip'lned for life, gifted and hopeful and strong, wj h. the fu'tre opening beiore, him ard offering him g lden promise may owe h's matchless strength and bravp, equipment and good start ' in life to a tired business man, whose shou'dtrs have stooped and h' n't under the burden and ?rtnd of the dai'y task; to a mo'hf-r who has p'ven up everything to devote her elf to her son s success. j, At lat night s service the music -wps in charge cf th choir boys, who again delighted the throng that filled and overflowed , the, bis tent, The first two days of Chautauqua have prepared the people of Eliza beth Cly for the best Chautauqua program ve,t. And that Is saying a -.great deal . TTJ' Mr. G. W. Pragaw of Washing ton has returned to his home after a visit to his daughter, Mrs. C. W. Mellck on Matthews Street, Victor K. Overman returned Frl day frcm Chapel Hill where be has been studying Pharmacy at the State University. On Saturday he received a telegram informing him that he had ltd his class tlarinjrThe pas year. Miss Allle Gardner of Edenton is spending Chautauqua Week with Mrs. I. N. l.oftin on Pennsylvania Avenue, , 7 t:Jl'M 7 (iS :andidate in second primary I am a candidate for the office of '.r.nty Commissioner from Salem rownship. I'asiiuo'ank County, sub t t to the aciin of the Second 1 rlmary to be held on Saturday July i t. The su port of the voters of i ipio! irk Conn'- w i!l "be ar-preci-T. E. l'alnvr PCRCH CHAIRS (M KDGKBS RE-BDTTO ED At Very Reasonable Prices W. J. Hendricks Wheelwright &. Blacksmith General Repairing A Specialty Poindexter Street lielow Bridge VOTAN TEA Exquisite Flavor Retained from Garden to Tea Cup Sold Exclusively By Morrisette & Perry Retail Fancy Grocers The Up-Town Barber Shop Road Street Near Main 'We have just made arrangements to put In three new chairs. Hy draulic 'revolving and reclining perfect in every respect; And a full line of Barber supplies, at great cost. These new chairs will be Installed by June 15th. Three good barbers on hand all the time. Shave 10c prices as before. Shop clean, Towels a plenty, and good nntlsseptlc lotions. (Old) Henry Pool MANAGER M1 CV 5 P .8 V cp m w cp w f cp cp t$ c? cp w cp w CI Of cp Of Of V3 13 3 v J f DO YOU OWN AN AUTOMOBILE? Then you need the cheapest and best quick repair outfit on the market today. THE DOBOFAX Self Curing Vulcanizing Outfit. Supplies that need. With it you can do your.own vulcanizing quickly, permanently, without heat or the use of gasoline and at a fraction of the expense of any other method. Enough ma terial is included in a Dobofax Vulcanizing Outfittopermanent ly vulcanize from 25 to 4n ordinarv punctures. The price is ONE DOLLAR Sharber & White Everything in Hardware Main Street , - Elizabeth City. N.C. It breezes all day and all night for a jitney. What does?" A Westinghouse 8" electric fan. They are well nude, strong and lastingly durable. Visit our show room and judge for yourself. And we sell them afcost. Elizabeth Gity Electric Li&ht & Power Company 1 Phone 80 Ladies Pumps & Oxfords- prices from $3.50 to $4.00. Will be scld at $2.00. GALLOP & TOXEY SHOE COMPANY - ; WE ARE KNOWN . NEAR and FAR I BY OUR MANY SATISFIED CUSTOMERS FOR THE QUALITY OF OUR JOB PRINTING WHY NOT MAKE OUR ACQUAINTANCE? Work Done Carefully & Delivered on Time THE ADVANCE 3 W W V3 V1 Fearing St. r- w Ao Ao AO c: Ao Ao C3 a a AO AO & a a a An & 8 a a AO V5 V3 V3 V3 V3 III STOIiE COTTAGE 111 SG0M!D Idsa Was Eot Long In Crossing Atlantic and Ming Root In Guj Virgin Soil Today Thrift Institutions PrcYO ilia BzckEcr.8 cf Our Country. f?. a iHtie St- r.(? cotTML'P in Kirainw, S.-utiuuii, l,i I the Ktv. Ilehry Duut'ttu i s:. M. '-a-1 the Kr.t sav- i iiiL-s Ji:n.!'. v.I.i.-h " ,is orjraulzei ; mil iicr:tto.l mi t;.- r ' nu;;izt'J s.ivinus j bui.k i rim ii le v, H: t-i:it from the .sits rmvh t-i2. tit' I .auk should, liy ' jlllliciilllS ilHCl:';l I!t. I.llil 0!lol','U to i ray t!u ex fJisis of iiiaifiviiu'iit, pay ir.ti'ri't to t:u.' di'iio.Mtois mid establish j iiai'aiity fun. I i. Mu tot t tlieai froiu losses incident to all Imsiues.s. hv. luiiK-aa was liy no means the lirst to see the i. J of n safe dci.oslt- ury for the savi;:;-i of the V,,l'1". for several tit tiers iis hiir'u minded, but not s-o jiraetical. had theretofore Httemi'te.1 to establish sa iius hanks, but In their zeal to make the imposition attractive, combined featur- that smacked of charity, and theiefore failed us busi ness ventures. As early as 17H8 the Wendover liank" was instituted by the Uev. Joseph Smith, who with two rich parishioners agreed to receive sums on dejtosit and rciy the same at Christmas with a bomw of one-third the amount deposited, it was in sub stance like our in. Mem "Christmas Club." PiLsciilu Waketield in lT'JO or- r '..1 iy - 1 . T- " 1 I J,f.o.; kw5'U-iv,v " w 1,1 -r-e . iffbrattM&c. . : ' ! , i "" h ....... ' J THE FIRST SAVINGS BANK, ESTABLISHED A CENTURY AGO AT . -I, RUTHWELL, SCOTLAND. . Panlited a society to receive certain sums on deposit monthly, according to age and to pay the aiu us a pension after sixty years of age. In sickness a weeKly benefit was allowed, and on death a funeral benefit. This was in substauce like our modern "Sick and Aid Societies" o conituou among Eu ropean nations. But Duncnu's plan was the only one to prove adaptable to all peoples and to all times, aud which would support Itself. Ills bauk woujjj sustain Itself on the earning power of money, rather than on the money earn Jng power ad VliLPii!M?!i iBl I S hnrnble HcottlHTi village uie Idea spread throughout Englund and Ireland and Scotland until there were over two hundred such bankn In 1810. As an outcome of Duncun'a bank, grew tneKdluburgh Savings Bank, Which dates from 1814 and which Is still In exUtence. It was In this bauk that we find the same methods as are still In vogue, the modus operandi of the savings tauk having changed but little In the century past This bank issued pass books, the recognized form of savings bank evidences of Indebted ness. It was managed by a body of trustees who gave their services gratis. It paid all depositors the same rate of Interest It hud no stock aud conse quently no stockholders. It was a mu tual Institution, it sought safety first and 'profits afterward. It sought the highest forms of investment, namely government bonds. Owing to the close association be tween the mother country and the col onies, it was but natural that any movement that succeeded there should be adopted here, and the Idea was not long In crossing the Atlantic. The new country bud its problem of poverty no less than the old, and lu the endeavor to ameliorate the condi tion of the lower classes numerous un dertakings were begun, which were based on the sick aud aid society idea. Even lotteries were legalized lu the at tempt to alleviate the current distress. Tammany Hall was originally Insti tuted as a society to "ufford relief to the Indigent and distressed members, their widows and others." Fully forty such societies were organized for sim ilar purposes before the advent of the savings bank. Historians are In doubt as to whom Is due the credit of bringing the idea over to America, but it Is conceded that Tntrlck Colquhoun, a London Magis trate, wrote Thomas Eddy of New York n letter in 1S10, outlining the plan then lu successful operation In Eng land. A similar pamphlet fell into the hfltuls of James Savage of Boston In the same yeaj. and the first public an nouncement of a savliiL's bank In this country appeared In the Christian Dis ciple, n small religious paper, In De cember, ISlfi. This nrtlcle stated that such Institutions were in successful niterntlon In England and Scotland and that such a bank was proposed for rMIadclphtn. The plans fr the Boston bank must have iceu wed matured for In Iecem!ier f l.spj the 'Trovident Institution for fc'aviuns in the Town of l'.o.ston" was i hal tered, beiu,: the first public act of le-.'ls'atioii hi the world which recour.ed the bcnefu lal charac-ti-r of the s ivin-s bank. This bank in live years bad dc; osits of $(XX).000 and IaM one per cent, ijuarterly. Followlns t'ie letter reveived from his l-ii.'ish coricsiHiudcnt, Mr. Eddy and u group of public spirited men be pan an agitation that culminated In the liank for Savings, now hx-ated at Fourth Avenue and Twenty-second Street, New York, a hundred million dollar bai.k In the meantime, Fnila delidila had beeu busy, and oreanized the Philadelphia Savings Fund Society, which opened lis doors on Monday, December 2. 1SK!, being the first bank of Its kind to oK'ii for business on the Western Continent In spite of this early beginning, tt savitiKs bank, us a mutual institution has remained a New England lnsCt1 tion. in that this type of bank has never become a financial factor in ttm West and South, there Mug less than fifty of these banks west of Buffalo and South of Baltimore. According to latest reports, there are' 634 banks of the mutual type, located u follows: Maine. 48; New Hampshire, 46; Vermont, 'Jl; Massachusetts, 190; Rhode Island. 15; Connecticut, 84; New York, 140; New Jersey, 20; Pennsyl vania, 10; Delaware, 2; Maryland, 18; which accounts for all but 34 in the The deposits in these sti &2H-Ii?' SMlKtuyo, of which $1,700,03,700 Is In New York, followed by Massachusetts with $801,416389. Ia depositors New York likewise leads, having 8,114,210 depositors, while Mas sachusetts has 2.24'.),K24. These figures do uot include the stock savings banks, of which there re upwards of l.aoo In various parts of the country, nor banks of discount operating savings departments. Nor Is it to be inferred that one Is better than the other; but the Centennial cele bration which commemorates a cen tury of savings banking Is to do honor to the mutual savings bauk with no disparagement to other types, whose history Is not so clearly defined, al though their operation may have done as greut a good, lu his first message to the Legislature in 1820, (lovernor Clinton of New York characterized the savings bank as "an institution to cherish meritorious Industry, encour age frugality, and to promote the wel fare of families, the cause of morality and the good order of society." And he was right. It hus done all this in thousands of Instances for a hundred years and well merits all the honor and credit that may come to It after a century of honorable conduct 4- $ t 't $ J i HOW TO CULTIVATE THRIFT. ' First learn to distinguish be- tween luxuries and necessities. Tou do not need all you think you need; nnd certainly not all you buy. You want things be- cause you see them that is what shop windows are for. Second, learn to know good value. Learn 9 where and when nnd how to buy. Iearu to know good meat from bad, nouiishing from the worth- less. Learn to Judge clothing and shoes, and buy good mate- rial It pays lu the end. Third, keep track of your expenses. Know how much It costs you to live, nnd how much you spend on various Items of the honse- hold. Limit your "pleasure mon- ey" nnd choose wholesome pleas- fr ures. If you like the theater, learn where to see the good plays at reasonable prices, and go con u Xl y
The Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 12, 1916, edition 1
2
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