Page 116 - Industries_of_San_Antonio

116 SAN ANTONIO-HER TRADE,

M. Eckenroth, with an exceedingly moderate capital, financially, but a
strong reserve in his thorough practical knowledge of the trade, his indus-
try and determination. He has been successful from the start, his business
growing rapidly, so much so, in fact, that from time to time he has been
obliged to add to his facilities. He manufactures carriages and wagons in
all the most desirable styles, giving every department his personal super-
vision, thereby ensuring honest, faithful work. In materials he uses
nothing but the best seasoned hickory, oak, etc., and in ironing his work he
is specially particular, using only those brands of iron which have an es-
tablished reputation for positive merit, the latest improved springs, etc.
In his business career, he has not been unmindful of the progress making
in his trade, and has ever been ready to adopt such improvements as will
give the best results, and this care and fidelity of workmanship has firmly
established his excellent reputation. No flimsy or slighted work ever goes
out of his shop. As horse-shoer, he has gained an enviable reputation, no
shop in the city having an equal custom. His son, George Eckenroth,
became a partner in January, 1885. They employ four skilled hands.
Their trade extends through Mexico and Texas, in addition to their large
local business. Their transactions will reach $5,000 annually. M.
Eckenroth's experience extends over the long period of forty odd years, and his
son has been raised in it. Their shop at Nos. 212 and 214 Market street,
covers an area of 50 by 100 feet. Doing the largest business in the line,
with their superior facilities, their future prosperity is a matter of cer-
tainty.

L. GARZA—Banker and President of the San Antonio Safe Deposit and
Trust Company. Interest paid on Deposits. No. 43 Soledad Street.
Political economy is a science, which teaches the management and
regulation of the resources, productive property and labor of a nation. It
comprehends all the measures by which the property and labor of citizens
are directed in the best manner to the success of individual industry and
enterprise, and to the public prosperity. Aristotle, the greatest philoso-
first used the expression "political econ-
pher of ancient times, 384 B.
omy" in his "Economics," book 2nd, chapter .1st, and he may be consider-
ed the founder of the science. One of the objects of this science is to reg-
ulate the distribution, saving and accumulation of wealth among the peo-
ple, and the great essayists on this science advocate banking, which fur-
nishes, when most needed, the great sinews of trade, and prevents prodi-
gality. A combined system of banking, which includes the ordinary style
of receiving, loaning or discounting money, with the modern system of
savings, seems to more fully meet or carry out the tenets of political econ-
omy than any other system. Ordinary banking is well understood; it is
an old system, known and practiced many centuries before the Christian
era. Savings banks are of comparatively modern institution. The name
comes from the Latin word "salvo," to keep safe, and they were originally
established by benevolent individuals with a view to enable the poor to