ABSTRACT
IN a former communication, contained in the January number of the “Merchants’ Magazine and Commercial Review,” (Vol. XV., No. 1.,) I endeavored to show the astonishing eff ect produced by a systematic accumulation of small amounts, through the agency of compound interest; and to explain, in a few practical examples, the great benefits which may be secured in a variety of cases and positions, by the application of the principle. This salutary result is still more enhanced, when, besides the interest of money, the chances of life are also taken into consideration.
