Show THE PRACTICE OP OF ECONOMY student W gibson of prof mac kac ewans rhetoric Ehe class it ts to ie be a baity the practice of economy consists coc iu in avoiding all v waste aate and extravagance arid and in applying wealth to ee the best advantage duty may maybe be defined as that which is due from one person to another especially that which a person is bound by any natural legal or moral obligation a tion to do or 0 forbear from doing the proposition then the practice or of economy is a duty means that we are under obligation to ourselves and to our fellow creatures to avoid waste and extravagance and to use our time and wealth in the most advantageous manner to fulfill the duty which we ire owe ovre to ourselves we wemusa must pursue that course of action which is intended to develop to the highest degree possible our physical mental and moral selves that this i is a duty no one will doubt intellectual intellectual advancement to any adv marked degree can be achieved only at some expense or by diverting ones attention and exerting exer tina one energies in another direction than that of simply obtaining 0 food to eat and clothing to wear to obtain these necessaries however ho never requires time but the less the time occupied in producing them the more time we shall have to devote to study and the more we produce beyond what we consume the more wealth we shall have to aid in pursuing study economy in expenditure is equal to a less time occupied in ill production prod or to a greater balance in our favor over consumption wealth and time are interchangeable SO EO that which ever is at our disposal disi osal places us in a favorable position to perform for ou ourse relies hes what consciousness testifies to as being a duty which we owe ourselves extravagance is an enemy to mans moral nature while economy is mans safeguard the spendthrift simply nourishes immorality his vanity first gives birth to ex extravagance trava gance ance extravagance in turn nouri nourishes his vanity on the one hand and gives rise to envy on the other hand thus it produces a double source of moral poison bacon called riches ille baggage of ef virtue and this designation is too often a true one but in the hands bands of one who practices true economy no greater factor for the promotion of virtue can be found by it the grandest philanthropic Eclie schemes nies may be set i in n motion and humanity may be almost infinitely benefited we are also under obligation to those who are dependent on us there are such in every community for example those who are physically unable to provide for themselves or those who are mentally deranged we are in duty bound to provide for them as their condition and station in life requires to fulfill this duty at all requires quires le the practice of economy to a certain extent and the more perfectly we fulfill it the more saving with our means we must be if we waste or expend lor for luxuries all we earn over necessities and conveniences we cannot well give for beneficent purposes and if our expenditure pend iture is i in actual excess of our income we are wholly barred from performing this duty for no man can help others when he be wants help himself in fact we cannot be liberal unless we are economical economy has made holland what she is and made her out of the barren marshes and sands bands of two centuries ago and it is a notable fact that within that little nation there are comparatively few who suffer buffer for necessities john wesley said save all your care and he did not mean that those addi addressed essed should be niggardly he be meant that they should practice a wise economy emanating emanatian from the highest and noblest of motives generosity franklin has told us that the way to wealth and the power to help others depends chiefly on two words industry and frugality that is ie one must waste neither time nor money but make the best use ase of both and J S mill said our utility to others depends not MV al 1 lk I 1 OR OT t M d D ir g on what we ire do but oo on what we do di not consume ours ourselves cives again every dollar which we spend effect society at large a dollar wa wasted ted is a dollar lost and the world is just one dollar poorer this does not mean the waste of the silver or gold of which the dollar is composed it means the waste ot of i hat the dollar as a check represents for all valid money represents wealth accumulate labor if a laborer earns two dollars a jay day and spends one dollar and fifty cents to support himself and family and the other fifty cents for spirituous drink and tobacco he wastes just fifty cents a day this does not affect himself only as many who have bave given the subject no DO consideration suppose but it effects mankind at large by debrea decreasing ing the worlds wealth just fifty cents the first day and at the end of one year the sum has been decreased oue one hundred and eighty two and one half dollars besides beside i the profits that might accrue from io investing vestin the three hundred and sixty five fifty cent pieces that the fifty cents spent for liquor and tobacco goes to give employment and support to a large number of persons engaged in distilling liquors and producing tobacco is not questioned but when it has done this it can do no more the fifty cents worth of tobacco which represents SO EO much labor is gone it is wasted and can do no one any good now let us suppose the half dollars placed in a savings bank paying paving a reasonable rate of inter interest est the laborer at the end of the year would have the one hundred and eighty two dollars and also its acaru accrued ed interest the money in the meantime has not been lying idle in the bank it ihas I 1 has been taken out by somebody I 1 i who could afford to pay for it a i I 1 hi higher ber rate of interest than that I 1 paid by the bank let us suppose it was taken out by an agriculturist 0 and used in clearing a piece of land and planting trees here the same number of hours of labor is rewarded as in the case of its being spent for liquor and tobacco the banker has also realized a bene fit and when the trees are grown up they are cut down sawn and made into furniture or split up for cordwood yielding the agriculturist a profit and ben benefit befit ing workmen generally by an if increased demand for their labors thus not one only but scores of persons are bene fitted clearly clear lv if it is our duty to benefit hurna humanity ity it is our duty to be economical it was in consequence of ignoring this duty that the house of bourbon reduced rich nod and powerful france to beggary beary be ary scores of such examples might be cited finally we do not owe this duty of economy to tn ourselves and our fellow creatures alone but we owe it to god to the author of our being ours is his and lie ile gives not that it should tie be wasted put to ill use or left lying eidly idly but that it should be used used 1 1 wisely for the promotion 0 of f good when he himself was among men he set the example of economy by commanding that the fragments of the loaves and fishes should be gathered up and stowed away in his creation the most perfect economy econom 7 is preserved nothing is wasted the leaves fall and d decay the rain disappears ilithe e earth beay rth the snow melts before the warmth wood burns into ashes water van ashes in the form of kapur but budnot not a particle of matter ii lost in other forms all is used fur for the continuing on of the perfectly systematic working of nature i agricultural 6 G 96 0 lo 10 k SHE HE COULD BE OVERCOME jack chck swift well wel ou regist me I 1 no gou gour will J 1 T A y 0 o think inka not sid sir but thep then you j wl know now 1 4 ve 0 verg A auak will i Z 10 N az |