Cumulative Dividends

During the past few years, as is well known, many people who formerly had been depending solely upon an income from investments have been distressed by the failure of payment of interest or the passing of dividends, even on the part of firms which had been considered most reliable. Fortunate were those who owned investments where the dividends were cumulative, for there was hope in such cases that payments not only would be resumed as business improved, but that, in addition, the deferred or accumulated interest would ultimately be paid.

In view of this the following statement from a Christian Science Sentinel arrested the writer's attention and has proved well worth prayerful pondering: "The activity of a right idea is universal in its effect, limitless in its potency for good, and cumulative in its results."

Deficit or Surplus
July 20, 1935

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