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OUR SCRAP ALBUM.

The acquirdMdn of property, the . accumulation of Capital, is already in the power of the hotter paid work in A Hass ; and legkiadon Ims but for; further faeiluios to give, or ohgia or to remove, 11 heir savings aro now so lame that only soberer jiabits and sounder sense art* needed to make them independent capital i- ts ia less than half'a lifetime.—W. IT. G fCe. Although n mi are accused of not knowing their own weakness, yor perhaps as few know their own Strength. it i; in mpn as i:i soils, where sometimes there' - is a vein of pnul which the owner knows not of. •■—Swift. The sigo of progress is, when a Than learns to Work, rot to please others, but from sheer love of work in'am! for tho 1 highest, of ail purposes—conquest of truth. Wo are too much under the tyranny of tin* past. Custom, 11 heavy as frost, and deep almost as life,” weighs on ns; taditidus fort-rs ’ n~and we, the heirs of all the ages, find that our inheritau»v hampers us with a bondage very Tiliit e!t to'undo. Tile os Liitml ppl’ii to into.re the progress of mankind is Lo imbue them with a deeup iv orn .for an' objectless life, { and an honest contempt ier cHican- 1 ery, mere formal conveut’oualitie.s, j h.ypooisy. and veneer of all kinds. | —Junior, Piatt. . Gankh.g is profitable because it is ( oarHoii rm.i ’drily tv if hj f»l.hw paoploV t hioiiey. Tiicy borrow of "A uruler : the-Gank rate, ami bud t.o il at or | above the Gael, rate; they pay in-j tcrest to the lender ;at tin* end j of the six months they deduct it from Jk the bo’.rowcr, when they lend hi in ' the money. Cut their capital upon an average,- is not 1 one twentieth part of the money they . hold of other pecple’i} ; and if they can loud ,to , others what is lent 'to them, unless (hey, by want of judgment make bad debts, banking must pay a large interest upon the share capita!, as (hey have'also the advantages of , tho accumulated balances of all the current accounts ; so that there is a certain profit upon all money lent, to him. Platt.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LCP18880112.2.15

Bibliographic details

Lake County Press, Volume V, Issue 276, 12 January 1888, Page 4

Word Count
371

OUR SCRAP ALBUM. Lake County Press, Volume V, Issue 276, 12 January 1888, Page 4

OUR SCRAP ALBUM. Lake County Press, Volume V, Issue 276, 12 January 1888, Page 4