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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Evening Press
Location
Middletown, Connecticut, United States of America
Date
May 15, 1918
Page
9
Wong Wan Gan Doubete explains a plain savings strategy claiming a $5 weekly deposit with 4 percent interest compounds to $17,779.22 in 28 years, if invested in a first mortgage. The piece stresses steady growth, not a quick scheme, and outlines depositing, earning interest, and reallocating funds as savings rise.
A dated admonition explains that keeping money at home or in a bank helps resist spending temptations. It argues that carrying funds makes it harder to say no to ads and impulses, urging readers to let banks handle discipline and to avoid spending while money sits in a bank or wallet.
The article outlines how regular weekly deposits into a savings bank and mortgage investments at 6 percent can grow funds. It details a scenario of starting with 1000 and 123.89 in balance, showing how 28 years of disciplined saving could yield substantial annual returns and eventual retirement income. It notes examples from The Saturday Evening Post about saving fractions of income to retire by 35 to 60 years, depending on the portion saved, plus a mention of Detroit post office expanding mail carriers to 80.
A collection of heavy verse and opinion pieces on war and faith appears, including an adaptation of I have a Rendezvous With Death by Robert E. Farley, reflections on loyalty and sacrifice, and a critique of German wartime deception in 1914. Also includes a Buffalo News quotation praising brave words and a brief call to action via a press want ad.
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