NORTH SHORE BREEZE 
OLD LAND MARKS. 
By G. F. ALLEN. 
Another old land mark is gone, 
said a man on the street, as he passed 
the writer, referring to the building 
on School street, Manchester, just 
razed to the ground. 
From the expression ‘‘old land 
mark’’ has arisen the question, how 
old was the building? It was built 
in 1846. z 
In November and December, 1845, 
several of the leading citizens of the 
town began to feel that: there was 
need of better accommodations for 
the use of the church and other or- 
ganizations, also for Master Price’s 
school. Their plan at first was to 
form a company, raise money by is- 
suing shares at $10 each, and put up 
a one-story building.» At the same 
time the First Parish had matured a 
plan to remodel their meeting-house, 
and were about ready to do so. 
The vestry party, most of whom 
were also members of the Parish, 
asked the parish to subscribe for the 
erection of the proposed vestry. 
This they did, taking thirty shares, 
and as many more as the value of 
the ‘windows, doors and other mate- 
rials, which they could use in the 
construction of the vestry building 
and the parish agreed to hire the 
same and pay 6 per cent. on the cost 
of the building, said building to be 
under control of the parish. Next a 
change was made by the proprietors 
of the vestry building and the struc- 
ture was made one story higher. 
The building was finished and was 
called the chapel. 
The remodelling of the meeting- 
house was also finished. 
Jan. 27, 1847, the parish purchased 
the new chapel, which was erected 
on the parish land. Master John 
Price then established his ‘school 
there and continued it there until 
he retired as a teacher. ! 
In the new building (in School 
street) the town meetings were held 
until the’ Town hall was built. It 
continued to be used for political 
meetings, lectures, ete., until sold to 
John Little, who converted it into a 
grocery and provision store. 
A few years afterward Mr. Little 
left town and sold the buildings and 
his business to Dea. Henry Knight. 
Ought it to be classed as an Old 
Land Mark? 
pee 
What is the Best Investment for a 
Small Capital? Not in Stocks or 
Bonds, Says Mr. Curtis. 
‘What is the best investment for 
a small capital’? was the subject of 
a symposium of four articles in last 
Sunday’s Boston Globe, by four well- 
known men of affairs. Allen Curtis, 
of the Beverly Farms colony, who 1s 
a stock and bond broker, discussed 
the’ subject with the following 
article : 
While the better class of our peo- 
ple have always known the value of 
saving and appreciated the power of 
compounding interest on their money 
at a good rate, there has never been 
a time when the pressure to get rich 
was so great as it is now. Although 
expenses have gone up with every- 
body, there still remains a goodly 
margin of savings to the people, but 
they are today somewhat restless 
with this money and anxious to make 
it earn fast—far faster than is safe 
or good for the community. 
Two years ago, during the panic. 
many—a great many—people took 
their money out of savings banks 
and invested it in good stocks in the 
stock market. ‘These stocks, as a 
rule, have risen greatly and continue 
to pay relatively large interest on 
the money invested. 
_ To my thinking, however, this was 
a really serious and harmful thing 
for these investors and for the rest 
of the community. It made money- 
making seem easy to those who in- 
vested, and those who did not have 
grown jealous and anxious to do as. 
well. It also caused these people— 
for the most part working people of 
small means—to keep constant watch 
on the rise and fall of stoeks, to be 
eager to see their stocks go up, and 
so to become too interested in the 
purely speculative side of invest- 
ments, about which, in their position, 
they can never hope to know very 
much. 
With considerable experience in 
the investing of money for all sorts 
of people, I firmly believe it is in 
every way better for the people of 
moderate means to put their savings 
into the savings banks. In this state 
these banks are eminently safe, not- 
withstanding the irregularities that 
have occasionally come to light. The 
interest that is allowed by the sav- 
ings banks is all that can possibly 
be earned with safety, and to the 
earning of this interest the best and 
most acute financial people in our 
community give their time and 
thought freely, without profit or 
compensation. 
Money deposited in a savings bank 
can be withdrawn at any time, in 
~ Editor of-the Breeze, 
~* COMMUNICATION 
Manchester, Mass, April 12; 1910 
Dear Sir: As there seems to be 
some misunderstanding as to my ap- 
pointment, I have been requested 
by some of my friends to publish it. 
The following is a copy.’ Will you 
kindly give it space in your paper 
and oblige, - Yours truly, 
Francis M.~ Andrews. 
MANCHESTER WATER WORKS. 
’ George -E. Hildreth, 
Senter Stanley, : 
James Hoare, 2 
Commissioners. 
Manchester, Mass., March 16, 1910. 
Mr. Francis M. Andrews, ... 
Dear Sir: At ‘a “meeting of! the 
Water Board held this day,’ You 
were appointed. Superintendent and 
Chief Engineer in full charge of the 
water works for the ensuing year, 
and this board .will hold you re- 
sponsible for the proper running of 
the plant,—compensation to be the 
same as last year. 
Respectfully, 
Geo. E. Hildreth, Chairman. 
any amounts, thus giving the depos- 
ior the easiest way to meet exactly 
the needs of his emergencies. 
On the other hand, money invested 
in a bond or a few shares of stock 
cannot be gotten back piecemeal, at 
one’s convenience. . The investment 
may have to. be sold at a loss even; at 
all events probably more money: ob- 
tained to spend than is necessary or 
good to have in hand. ‘s 
Such a small investor becomes*'too 
mush interested in the stock market 
flueuations of his own and other se- 
curities and is under a nervous strain 
as to what the price of -his invest- 
ment is when he comes to need 
money. The peace and satisfactory 
security of the savings bank “depos- 
itor thus offsets any smaller-inerease 
of return that might come*to -money 
invested elsewhere - in thictuating 
values. eS 
Do You Want a Tenempnt 
With spring close at hand you may 
want a better tenement, State: your: wants 
in a small ad. in The Breeze and you are 
certain to get results. Perhaps you havé a 
ROOM TO LET 
for the summer. Many others ‘have found 
The Breeze very helpful. You try it! 
One-half cent a word after the first week. 
One cent a word the first week. 
