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THE DIVIDEND DOLLAR
Since last Friday morning the Marengo First National Bank have been passing through the doors of the bank once more to come out as at previous times, with a check. That check represents money and for the most part it is a safe wager that before now the biggest percent of the checks have been turned into eash. Then where do the dollars go?
It is interesting to know that during previous months in many cities, a dollar bill that was "earmarked", passed into as many as fifty to sixty hands in that city within a few davs time. Stop and think of all the good that one dollar really accomplished. The doctor pays the grocer who buys some lumber for new shelving. The lumber dealer buys his meat and the butcher has some plumbing work done. The plumber pays for his coal and the coal Yealer pays the scooper. He buys some new gloves and the clothier Buys some groceries. The dollar is rotating within the circle and each transaction-each turoverhas done a multitude of good. So go the movements of the dividend dollar, In your own case, what good is the dollar going to do you now? For months you have been unable to get your hands on it and you wanted ever SO many things. New furniture. a new stove, an electric refrigerator. a new suit of clothes. new shoes and a hundred and one other things.
When you go into the favorite store in Marengo and spend any part of your dividend check. it going to do many people good The rolling about within the cycle will involve just as many people here, common laborers and pro fessional men alike, as it has elsewhere.
Then too, if it makes its way back eventually through the doors of the once great financial institution of Marengo, it has accomplished benefits to many people and businesses. The accumulation of many of the dollars now released, back into the hands of the bank's receiver, only tends to speed up the payment of an additional or further dividend. So if you really had needed the money you received, your buying the things you need now will Jelp out more times than you really think. If you need a room papered, buy the paper and put a paper hanger to work. You'll get value received and it is a sure thing, the paper hanger will spend it for groceries, for coal, or some thing he needs. Your dollar is then doing the good that it is intended to do. Of course, spend sanely but buy what you need and keep money circulating in Marengo.
It is the habit of frail humans to keep their dreams to themselves. If people really understood each other and trust was more general, there would no such thing as human strife. What our dreams for the Republican-News may be, in the majority of cases, will be of little interest. Yet thru the realization of our dreams we hope to do Marengo a real service. The staff at present altho working with one of the best equipped job printing depart ments in Illinois, is handicapped by a lack of real newspaper equipment. Roughly it will cost from four to ten thousand dollars to make the Republican-News a really good newspaper. We need a new newspaper press, a new linotype with modern faces, a new metal saw, a router, planer and S0 on. It took Mike Walsh 30 years to build the Harvard Herald into its present position of influence and prestige. It will take at least ten years of hard work to put the Republican-News within striking distance. We honestly believe we have made improvements but our desires are far from fulfillment. To have the capital to make all necessary improvements at once would remove much of the challenge of the future. But to be forced to add a piece of equip ment at a time and constantly improve the newspaper is a challenge to us and to the community. The newspaper is a semi-public institution. Altho most newspapers are privately owned, its fune tions are SO vital to the well-being of a community and its growth and progress that most editors regard themselves as in some part a public servant. willing to listen to advice and suggestions and willing and anxious to aid and assist in all public enterprises for the well-being of the community.
We want to put out that kind of newspaper. One that will be respected, read and discussed. Naturally, handling as any newspaper does, news about every resident of the community at some time during the year, enemies are made. No newspaper is without them. But in our dreams. we want our enemies few and our well wishers to multiply. Words of encouragement are few and far between but a small items at some past date will often result in years of animosity. This IS human frailty. Working together and playing together with the welfare of Marengo as a common cause, with malice toward none and charity toward all, Marengo's newspaper, its business and citizens can year by year increase in prestige and prosperity. The small irritations must be forgotten and the future faced with confidence. All for Marengo and Marengo for all. big future, need only walk from one end of the city to the other and see the fine homes with big automobiles parked on streets or in garages and well dressed people in the homes.
