The best rules of acquiring wealths

The best rules of acquiring wealths



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The Golden Rules of Acquiring Wealth In the United States where there's further land than people, it isn't at each delicate for persons in good health to make plutocrat. In this comparatively new field there are so numerous avenues of success open, so numerous vocations which aren't crowded, that any person of either coitus who's willing, at least for the time being, to engage in any respectable occupation that offers, may find economic employment. Those who really ask to attain independence, have only to set their minds upon it, and borrow the proper means, as they do in regard to any other object which they wish to negotiate, and the thing is fluently done. But still easy it may be plant to make plutocrat, I've no doubt numerous of my hearers will agree it's the most delicate thing in the world to keep it. The road to wealth is, asDr. Franklin truly says, “ as plain as the road to the shop.” It consists simply in expending lower than we earn; that seems to be a veritably simple problem.Mr. Micawber, one of those happy creations of the genial Dickens, puts the case in a strong light when he says that to have periodic income of twenty pounds per annum, and spend twenty pounds and sixpence, is to be the most miserable of men; whereas, to have an income of only twenty pounds, and spend but nineteen pounds and sixpence is to be the happiest of mortals. Numerous of my compendiums may say, “ we understand this this is frugality, and we know frugality is wealth; we know we ca n’t eat our cutlet and keep it also.” Yet maybe more cases of failure arise from miscalculations on this point than nearly any other. The fact is, numerous people suppose they understand frugality when they really do not. True frugality is misperceived, and people go through life without duly comprehending what that principle is. One says, “ I've an income of so much, and then's my neighbor who has the same; yet every time he gets commodity ahead and I fall suddenly; why is it? I know all about frugality.” He thinks he does, but he does not. There are men who suppose that frugality consists in saving rubbish- parts and candle- ends, in cutting off two pence from the laundress’bill and doing all feathers of little, mean, dirty effects. Frugality isn't hatefulness. The mischance is, also, that this class of persons let their frugality apply in only one direction. They fancy they're so wonderfully provident in saving a half-penny where they ought to spend two pence, that they suppose they can go to squander in other directions. Before kerosene canvas was discovered or allowed of, one might stop overnight at nearly any planter’s house in the agrarian sections and get a veritably good supper, but after supper he might essay to read in the sitting- room, and would find it insolvable with the hamstrung light of one candle. The visitant, seeing his dilemma, would say “ It's rather delicate to read then gloamings; the adage says‘you must have a boat at ocean in order to be suitable to burn two candles at formerly; we noway have an redundant candle except on redundant occasions.” These redundant occasions do, maybe, twice a time. In this way the good woman saves five, six, or ten bones in that time but the information which might be deduced from having the redundant light would, of course, far overweigh a ton of candles. But the trouble doesn't end then. Feeling that she's so provident in tallow delicacies, she thinks she can go to go constantly to the vill and spend twenty or thirty bones for lists and frills, numerous of which aren't necessary. This false connote might constantly be seen in men of business, and in those cases it frequently runs to writing paper. You find good businessmen who save all the old envelopes and scraps, and would not tear a new distance of paper, if they could avoid it, for the world. This is all veritably well; they may in this way save five or ten bones a time, but being so provident ( only in note paper), they suppose they can go to waste time; to have precious parties, and to drive their carriages. This is an illustration of’Dr. Franklin’s “ saving at the gate and wasting at the bung- hole;” “ penny wise and pound foolish.” Punch in speaking of this “ one idea” class of people says “ they are like the man who bought a penny herring for his family’s regale and also hired a trainer and four to take it home.” I noway knew a man to succeed by rehearsing this kind of frugality. True frugality consists in always making the income exceed the out go. Wear the old clothes a little longer if necessary; apportion with the new brace of gloves; mend the old dress live on plainer food if need be; so that, under all circumstances, unless some unlooked-for accident occurs, there will be a periphery in favor of the income. A penny then, and a bone there, placed at interest, goes on accumulating, and in this way the asked result is attained. It requires some training, maybe, to negotiate this frugality, but when formerly used to it, you'll find there's further satisfaction in rational saving than in illogical spending. Then's a form which I recommend I've plant it to work an excellent cure for extravagance, and especially for incorrect frugality. When you find that you have no fat at the end of the time, and yet have a good income, I advise you to take a many wastes of paper and form them into a book and mark down every item of expenditure. Post it every day or week in two columns, one headed “ necessities” or indeed “ comforts”, and the other headed “ luxuries,” and you'll find that the ultimate column will be double, treble, and constantly ten times lesser than the former. The real comforts of life cost but a small portion of what utmost of us can earn. It's the eyes of others and not our own eyes which ruin us. If all the world were eyeless except myself l shouldn't watch for fine clothes or cabinetwork.” In America numerous persons like to repeat “ we are all free and equal,” but it's a great mistake in further senses than one. That we're born “ free and equal” is a noble verity in one sense, yet we aren't all born inversely rich, and we noway shall be. One may say; “ there is a man who has an income of fifty thousand bones per annum, while I've but one thousand bones; I knew that fellow when he was poor like myself; now he's rich and thinks he's better than I am; I'll show him that I'm as good as he is; I'll go and buy a steed and perambulator; no, I can not do that, but I'll go and hire one and ride this autumn on the same road that he does, and therefore prove to him that I'm as good as he is.” My friend, you need not take that trouble; you can fluently prove that you're “ as good as he is;” you have only to bear as well as he does; but you can not make anybody believe that you're rich as he is. Either, if you put on these “ charade,” add waste your time and spend your plutocrat, your poor woman will be obliged to drop her fritters off at home, and buy her tea two ounces at a time, and everything differently in proportion, in order that you may keep up “ appearances,” and, after all, deceive nothing. On the other hand,Mrs. Smith may say that her coming door neighbor married Johnson for his plutocrat, and “ everybody says so.” She has a nice one-thousand bone camel’s hair capelet, and she'll make Smith get her an reproduction one, and she'll sit in a pew right next to her neighbor in church, in order to prove that she's her equal. My good woman, you won't get ahead in the world, if your vanity and covetousness therefore take the lead. In this country, where we believe the maturity ought to rule, we ignore that principle in regard to fashion, and let a sprinkle of people, calling themselves the quality, run up a false standard of perfection, and in trying to rise to that standard, we constantly keep ourselves poor; all the time digging down for the sake of outside appearances. How important wiser to be a “ law unto ourselves” and say, “ we will regulate our eschewal- go by our income, and lay up commodity for a stormy day.” People ought to be as sensible on the subject of plutocrat- getting as on any other subject. Like causes produces like goods. You can not accumulate a fortune by taking the road that leads to poverty. It needs no prophet to tell us that those who live completely over to their




means, without any study of a rear in this life, can noway attain a financial independence. Men and women habituated to gratify every vagrancy and caprice, will find it hard, at first, to cut down their colorful gratuitous charges, and will feel it a great tone- denial to live in a lower house than they've been oriented to, with less precious cabinetwork, lower company, less expensive apparel, smaller retainers, a lower number of balls, parties, theater- goings, carriage-ridings, pleasure excursions, cigar-smokings, liquor-drinkings, and other wastes; but, after all, if they will try the plan of laying by a “ nest-egg,” or, in other words, a small sum of plutocrat, at interest or judiciously invested in land, they will be surprised at the pleasure to be deduced from constantly adding to their little “ pile,” as well as from all the provident habits which are formed by this course. The old suit of clothes, and the old bonnet and dress, will answer for another season; the Croton or spring water taste better than champagne; a cold bath and a brisk walk will prove further exhilarating than a lift in the finest trainer; a social converse, an evening’s reading in the family circle, or an hour’s play of “ quest the slipper” and “ eyeless man’s buff” will be far more affable than a fifty or five hundred bone party, when the reflection on the difference in cost is indulged in by those who begin to know the pleasures of saving. Thousands of men are kept poor, and knockouts of thousands are made so after they've acquired relatively sufficient to support them well through life, in consequence of laying their plans of living on too broad a platform. Some families expend as important as twenty thousand bones per annum, and some much more, and would scarcely know how to live on lower, while others secure further solid enjoyment constantly on a twentieth part of that quantum. Substance is a more severe fire than adversity, especially unforeseen substance. “ Easy come, easy go,” is an old and true adage. A spirit of pride and vanity, when permitted to have full sway, is the undying canker-worm which gnaws the veritably vitals of a man’s worldly effects, let them be small or great, hundreds, or millions. Numerous persons, as they begin to prosper, incontinently expand their ideas and commence expending for luxuries, until in a short time their charges swallow up their income, and they come ruined in their ridiculous attempts to keep up appearances, and make a “ sensation.” A gentleman of fortune who says, that when he first began to prosper, his woman would have a new and elegant lounge. “ That lounge,” he says, “ bring me thirty thousand bones!” When the lounge reached the house, it was plant necessary to get chairpersons to match; also side- boards, carpets and tables “ to correspond” with them, and so on through the entire stock of cabinetwork; when at last it was plant that the house itself was relatively too small and old-fashioned for the cabinetwork, and a new bone was erected to correspond with the new purchases; “ therefore,” added my friend, “ casting up an disbursement of thirty thousand bones, caused by that single lounge, and encumbering on me, in the shape of retainers, carriage, and the necessary charges attendant upon keeping up a fine‘ establishment,’a monthly disbursement of eleven thousand bones, and a tight pinch at that whereas, ten times agone, we lived with much further real comfort, because with much lower care, on as numerous hundreds. The verity is,” he continued, “ that lounge would have brought me to ineluctable ruin, hadn't a most unsurpassed title to substance kept me above it, and had I not checked the natural desire to‘ cut a gusto’.” The foundation of success in life is good health that's the substratum fortune; it's also the base of happiness. A person can not accumulate a fortune veritably well when he's sick. He has no ambition; no incitement; no force. Of course, there are those who have bad health and can not help it you can not anticipate that similar persons can accumulate wealth, but there are a great numerous in poor health who need not beso.However, also, sound health is the foundation of success and happiness in life, If. We ought to know that the “ sin of ignorance” is noway winked at in regard to the violation of nature’s laws; their contravention always brings the penalty. A child may thrust its cutlet into the dears without knowing it'll burn, and so suffers, penitence, indeed, won't stop the smart. Numerous of our ancestors knew veritably little about the principle of ventilation. They didn't know important about oxygen, whatever other “ gin” they might have been acquainted with; and accordingly they erected their houses with little seven-by-nine bases bedrooms, and these good old pious Bluenoses would lock themselves up in one of these cells, say their prayers and go to bed. In the morning they would devoutly return thanks for the “ preservation of their lives,” during the night, and nothing had better reason to be thankful. Presumably some big crack in the window, or in the door, let in a little fresh air, and therefore saved them. Numerous persons deliberately violate the laws of nature against their better impulses, for the sake of fashion. For case, there's one thing that nothing living except a vile worm ever naturally loved, and that's tobacco; yet how numerous persons there are who designedly train an unnatural appetite, and overcome this implanted aversion for tobacco, to such a degree that they get to love it. They've got hold of a toxic, unprintable weed, or rather that takes a firm hold of them. Then are wedded men who run about sticking tobacco juice on the carpet and bottoms, and occasionally indeed upon their women besides. They don't protest their women out of doors like crapulous men, but their women, I've no doubt, frequently wish they were outside of the house. Another dangerous point is that this artificial appetite, like covetousness, “ grows by what it feeds on;” when you love that which is unnatural, a stronger appetite is created for the hurtful thing than the natural desire for what's inoffensive. There's an old adage which says that “ habit is alternate nature,” but an artificial habit is stronger than nature. Take for case, an old tobacco-chewer; his love for the “ quid” is stronger than his love for any particular kind of food. He can give up repast beef easier than give up the weed. Youthful tads lament that they aren't men; they would like to go to bed boys and wake up men; and to negotiate this they copy the bad habits of their seniors. Little Tommy and Johnny see their fathers or uncles bomb a pipe, and they say, “ If I could only do that, I would be a man too; uncle John has gone out and left his pipe of tobacco, let us try it.” They take a match and light it, and also puff down. “ We'll learn to bomb; do you like it Johnny?” That lad plaintively replies “ Not veritably much; it tastes bitter;” by and by he grows pale, but he persists arid he soon offers up a immolation on the balcony of fashion; but the boys stick to it and persist until at last they conquer their natural favors and come the victims of acquired tastes. Take the tobacco-chewer. In the morning, when he gets up, he puts a quid in his mouth and keeps it there all day, noway taking it out except to change it for a fresh one, or when he's going to eat; oh! yes, at intervals during the day and evening, numerous a chewer takes out the quid and holds it in his hand long enough to take a drink, and also pop it goes back again. This simply proves that the appetite for rum is indeed stronger than that for tobacco. When the tobacco-chewer goes to your country seat and you show him your grapery and fruit house, and the knockouts of your theater, when you offer him some fresh, ripe fruit, and say, “ My friend, I've got then the most succulent apples, and pears, and peaches, and apricots; I've imported them from Spain, France and Italy — just see those luscious grapes; there's nothing further succulent nor more healthy than ripe fruit, so help yourself; I want to see you delight yourself with these effects;” he'll roll the dear quid under his lingo and answer, “ No, I thank you, I've got tobacco in my mouth.” His palate has come narcotized by the noxious weed, and he has lost, in a great measure, the delicate and enviable taste for fruits. This shows what precious, useless and pernicious habits men will get into. I speak from experience. I've smoked until I quivered like an aspen splint, the blood rushed to my head, and I had a pulsation of the heart which I allowed was heart complaint, till I was nearly killed with fright. When I consulted my croaker, he said “ break off tobacco using.” I wasn't only injuring my health and spending a great deal of plutocrat, but I was setting a bad illustration. I adhered his counsel. No youthful man in the world ever looked so beautiful, as he allowed he did, behind a fifteen cent cigar or a meerschaum! These reflections apply with tenfold force to the use of intoxicating

 

drinks. To make plutocrat, requires a clear brain. A man has got to see that two and two make four; he must lay all his plans with reflection and farsightedness, and nearly examine all the details and the sways and outs of business. As no man can succeed in business unless he has a brain to enable him to lay his plans, and reason to guide him in their prosecution, so, no matter how liberally a man may be blessed with intelligence, if the brain is muddled, and his judgment depraved by intoxicating drinks, it's insolvable for him to carry on business successfully. How numerous good openings have passed, noway to return, while a man was belting a “ social glass,” with his friend! How numerous foolish bargains have been made under the influence of the “ nervine,” which temporarily makes its victim suppose he's rich. How numerous important chances have been put off until to-morrow, and also ever, because the wine mug has thrown the system into a state of lassitude, negativing the powers so essential to success in business. Verily, “ wine is a heckler.” The use of intoxicating drinks as a libation, is as much an passion, as is the smoking of opium by the Chinese, and the former is relatively as destructive to the success of the business man as the ultimate. It's an unmitigated wrong, hugely unpardonable in the light of gospel; religion or good sense. It's the parent of nearly every other wrong in our country. DO N’T MISTAKE YOUR VOCATION The safest plan, and the one most sure of success for the youthful man starting in life, is to elect the vocation which is most unanimous to his tastes. Parents and guardians are frequently relatively too careless in regard to this. It veritably common for a father to say, for illustration “ I've five boys. I'll make Billy a clergyman; John a counsel; Tom a croaker, and Dick a planter.” He also goes into city and looks about to see what he'll do with Sammy. He returns home and says “ Sammy, I see watch- timber is a nice genteel business; I suppose I'll make you a goldsmith.” He does this, anyhow of Sam’s natural inclinations, or genius. We're each, no mistrustfulness, born for a wise purpose. There's as important diversity in our smarts as in our countenances. Some are born natural mechanics, while some have great aversion to ministry. Let a dozen boys of ten times get together, and you'll soon observe two or three are “ whittling” out some ingenious device; working with cinches or complicated ministry. When they were but five times old, their father could find no toy to please them like a mystification. They're natural mechanics; but the other eight or nine boys have different aptitudes. I belong to the ultimate class; I noway had the fewest love for medium; on the negative, I've a kind of abhorrence for complicated ministry. I noway had imagination enough to whittle a cider valve so it would not blunder. I noway could make a pen that I could write with, or understand the principle of a brumeengine.However, and attempt to make a watchmaker of him, the boy might, If a man was to take such a boy as I was. Watch timber is repulsive to him. Unless a man enters upon the vocation intended for him by nature, and stylish suited to his peculiar genius, he can not succeed. I'm glad to believe that the maturity of persons do find their right vocation. Yet we see numerous who have mistaken their calling, from the blacksmith up (or down) to the clergyman. You'll see, for case, that extraordinary linguist the “ learned blacksmith,” who ought to have been a schoolteacher of languages; and you may have seen attorneys, croakers and clergymen who were better fitted by nature for the anvil or the stage gravestone. RIGHT PLACE, RIGHT TIME After securing the right position, you must be careful to elect the proper position. You may have been cut out for a hostel keeper, and they say it requires a genius to “ know how to keep a hostel.” You might conduct a hostel like timepiece- work, and give satisfactorily for five hundred guests every day; yet, if you should detect your house in a small vill where there's no road communication or public trip, the position would be your ruin. It's inversely important that you don't commence business where there are formerly enough to meet all demands in the same occupation. AVOID DEBT LIKE A Pest Youthful men starting in life should avoid running into debt. That’s a given. There's scarcely anything additional that drags a person down like debt. It's a slavish position to get ill, yet we find numerous a youthful man, hardly out of his “ teens,” running in debt (and yes, this has been going on for centuries as long as men and history could remember). He meets a buddy and says, “ Look at this I've got trusted for a new suit of clothes.” He seems to look upon the clothes as so important given to him; well, it constantly is so, but, if he succeeds in paying and also gets trusted again, he's espousing a habit which will keep him in poverty through life. Debt robs a man of his tone- respect, and makes him nearly despise himself. Murmuring and moaning and working for what he has eaten up or worn out, and now when he's called upon to pay up, he has nothing to show for his plutocrat; this is duly nominated “ working for a dead steed.” I don't speak of merchandisers buying and dealing on credit, or of those who buy on credit in order to turn the purchase to a profit. Plutocrat is in some felicitations like fire; it's a veritably excellent menial but a terrible master. When you have it learning you; when interest is constantly piling up against you, it'll keep you down in the worst kind of slavery. But let plutocrat work for you, and you have the most devoted menial in the world. It's no “ eye- menial.” There's nothing amp or inanimate that will work so faithfully as plutocrat when placed at interest, well secured. It works night and day, and in wet or dry rainfall. So don't let it work against you; if you do there's no chance for success in life so far as plutocrat is concerned. PERSEVERENCE IS REALLY Additional WORD FOR Tone- RELIANCE When a man is in the right path, he must persist. I speak of this because there are some persons who are “ born tired;” naturally lazy and enjoying no tone- reliance and no perseverance. But they can cultivate these rates, as Davy Crockett said “ This thing remember, when I'm dead Be sure you're right, also go ahead.” It's this go-ahead dependence, this determination not to let the horrors or the blues take possession of you, so as to make you relax your powers in the struggle for independence, which you must cultivate. How numerous have nearly reached the thing of their ambition, but, losing faith in themselves, have relaxed their powers, and the golden prize has been lost ever. It is, no mistrustfulness, frequently true, as Shakespeare says “ There's a drift in the affairs of men, Which, taken at the deluge, leads on to fortune.” If you vacillate, some bolder hand will stretch out before you and get the prize. Remember the adage of Solomon “ He becometh poor that dealeth with a slack hand; but the hand of the active maketh rich.” Perseverance is occasionally but another word for tone- reliance. Numerous persons naturally look on the dark side of life, and adopt trouble. They're born so. Also they ask for advice, and they will be governed by one wind and blown by another, and can not calculate upon themselves. Until you can get so that you can calculate upon yourself, you need not anticipate to succeed. Men who have met with pecuniary reverses, and absolutely married self-murder, because they allowed they could noway overcome their mischance. But I've known others who have met more serious fiscal difficulties, and have bridged them over by simple perseverance, backed by a establishment belief that they were doing justly, and that Providence would “ overcome evil with good.” You'll see this illustrated in any sphere of life. WHATEVER YOU DO, DO IT WITH ALL YOUR Muscle Work at it, if necessary, early and late, in season and out of season, not leaving a gravestone unturned, and noway postponing for a single hour that which can be done just as well now. The old adage is full of verity and meaning, “ Whatever is worth doing at each, is worth doing well.” Numerous a man acquires a fortune by doing his business completely, while his neighbor remains poor for life, because he only half does it. Ambition, energy, assiduity, perseverance, are necessary essentials for success in business. Fortune always favors the stalwart, and noway helps a man who doesn't help himself. It wo n’t do to spend your time likeMr. Micawber, in staying for commodity to “ turn up.” To similar men one of two effects generally “ turns up” the poorhouse or the jail; for idleness types bad habits, and clothes a man in rags. The poor profligate vagabond says to a rich man “ I've discovered there's enough plutocrat in the world for all of us, if it was inversely divided; this must be done, and we shall each be happy together.” “ But,” was the

response, “ if everybody was like you, it would be spent in two months, and what would you do also?” “ Oh! Divide again; keep dividing, of course!” I was lately reading in a London paper an account of a suchlike philosophic pauper who was demurred out of a cheap boarding- house because he couldn't pay his bill, but he'd a roll of papers sticking out of his fleece fund, which, upon examination, proved to be his plan for paying off the public debt of England without the aid of a penny. People have got to do as Cromwell said “ not only trust in Providence, but keep the greasepaint dry.” Do your part of the work, or you can not succeed. Mahomet, one night, while encamping in the desert, eavesdropped one of his fatigued followers remark “ I'll loose my camel, and trust it to God!” “ No, no, not so,” said the prophet, “ tie thy camel, and trust it to God!” Do all you can for yourselves, and also trust to Providence, or luck, or whatever you please to call it, for the rest. DEPEND UPON YOUR OWN Particular Sweats The eye of the employer is frequently worth further than the hands of a dozen workers. In the nature of effects, an agent can not be so faithful to his employer as to himself. Numerous who are employers will call to mind cases where the stylish workers have overlooked important points which couldn't have escaped their own observation as a owner. No man has a right to anticipate to succeed in life unless he understands his business, and nothing can understand his business completely unless he learns it by particular operation and experience. A man may be a manufacturer he has got to learn the numerous details of his business tête-à-tête; he'll learn commodity every day, and he'll find he'll make miscalculations nearly every day. And these veritably miscalculations are helps to him in the way of gests if he but heeds them. He'll be like the Yankee drum- huckster, who, having been cheated as to quality in the purchase of his wares, said “ Each right, there’s a little information to be gained every day; I'll noway be cheated in that way again.” Therefore a man buys his experience, and it's the stylish kind if not bought at too dear a rate. Among the bywords of the elder Rothschild was one, all apparent incongruity “ Be conservative and bold.” This seems to be a contradiction in terms, but it's not, and there's great wisdom in the sententia. It is, in fact, a condensed statement of what I've formerly said. It's to say; “ you must exercise your caution in laying your plans, but be bold in carrying them out.” A man who's all caution, will noway dare to take hold and be successful; and a man who's all boldness, is simply reckless, and must ultimately fail. A man may go on “’ change” and make fifty, or one hundred thousand bones in assuming in stocks, at a single operation. But if he has simple boldness without caution, it's bare chance, and what he gains to- day he'll lose to-morrow. You must have both the caution and the boldness, to ensure success. The Rothschilds have another sententia “ Noway have anything to do with an unlucky man or place.” (This particular sententia is also bandied in the 48 Laws of Power). That's to say, noway have anything to do with a man or place which noway succeeds, because, although a man may appear to be honest and intelligent, yet if he tries this or that thing and always fails, it's on account of some fault or infirmity that you may not be suitable to discover but nonetheless which must live. There's no similar thing in the world as luck. There noway was a man who could go out in the morning and find a bag full of gold in the road to- day, and another to-morrow, and so on, day after day He may do so formerly in his life; but so far as bare luck is concerned, he's as liable to lose it as to find it. “ Like causes produce like goods.” If a man adopts the proper styles to be successful, “ luck” won't helphim.However, there are reasons for it, although, If he doesn't succeed. USE THE Stylish TOOLS Men in engaging workers should be careful to get the stylish. Understand, you can not have too good tools to work with, and there's no tool you should be so particular about as livingtools.However, it's better to keep him, than keep changing, If you get a good bone. He learns commodity every day; and you bow served by the experience he acquires. He's worth further to you this time than last, and he's the last man to part with, handed his habits are good, and he continuesfaithful.However, as he gets more precious, he demands an extravagant increase of payment; on the supposition that you ca n’t do without him, If. When and if ever you have such an hand, always discharge him; first, to move him that his place may be supplied, and second, because he's good for nothing if he thinks he's inestimable and can not be spared. But you would keep him, if possible, in order to benefit from the result of his experience. An important element in an hand is the brain. You can see bills up, “ Hands Wanted,” but “ hands” aren't worth a great deal without “ heads.” Those men who have smarts and experience are thus the most precious and not to be readily parted with; it's better for them, as well as yourself, to keep them, at reasonable advances in their hires from time to time. DO N’T GET ABOVE YOUR BUSINESS Young men after they get through their business training, or internship, rather of pursuing their recreation and rising in their business, will frequently lie about doing nothing. They say; “ I've learned my business, but I'm not going to be a worker; what's the object of learning my trade or profession, unless I establish myself? ’” “ Have you capital to start with?” “ No, but I'm going to have it.” “ How are you going to get it?” “ I'll tell you intimately; I've a fat old aunt, and she'll die enough soon; but if she does not, I anticipate to find some rich old man who'll advance me a many thousands to give me a launch. If I only get the plutocrat to start with I'll do well.” There's no lesser mistake than when a youthful man believes he'll succeed with espoused plutocrat. And take note that this kind of discussion is still repeated indeed into the 21st century. Why? Because every man’s experience coincides with that ofMr. Astor, who said, “ it was more delicate for him to accumulate his first thousand bones, than all the succeeding millions that made up his colossal fortune.” Plutocrat is good for nothing unless you know the value of it by experience. Give a boy twenty thousand bones and put him in business, and the chances are that he'll lose every bone of it before he's a time aged. Like buying a ticket in the lottery; and drawing a prize, it's “ easy come, easy go.” He doesn't know the value of it; nothing is worth anything, unless it costs trouble. Without tone- denial and frugality; tolerance and perseverance, and commencing with capital which you haven't earned, you aren't sure to succeed in accumulating. Youthful men, rather of “ staying for dead men’s shoes,” should be over and doing, for there's no class of persons who are so unaccommodating in regard to dying as these rich old people, and it's fortunate for the expectant inheritors that it's so. Nine out of ten of the rich men of our country moment, started out in life as poor boys, with determined choices, assiduity, perseverance, frugality and good habits. They went on gradationally, made their own plutocrat and saved it; and this is the stylish way to acquire a fortune. Stephen Girard started life as a poor cabin boy, and failed worth nine million bones.A.T. Stewart was a poor Irish boy; and he paid levies on a million and a partial bones of income, per time. John Jacob Astor was a poor planter boy, and failed worth twenty millions. Cornelius Vanderbilt began life rowing a boat from Staten Island to New York; he presented our government with a steamship worth a million of bones, and failed worth fifty million. “ There's no royal road to literacy,” says the adage, and I may say it's inversely true, “ there is no royal road to wealth.” But I suppose there's a royal road to both. The road to literacy is a royal one; the road that enables the pupil to expand his intellect and add every day to his stock of knowledge, until, in the affable process of intellectual growth, he's suitable to break the most profound problems, to count the stars, to dissect every snippet of the globe, and to measure the firmament this is a regal trace, and it's the only road worth traveling. So in respects to wealth go on in confidence, study the rules, and over all effects, study mortal nature; for “ the proper study of humanity is man,” and you'll find that while expanding the intellect and the muscles, your enlarged experience will enable you every day to accumulate more and more top, which will increase itself by interest and else, until you arrive at a state of independence. You'll find, as a general thing, that the poor boys get rich and the rich boys get poor. For case, a rich man at his quietus, leaves a large estate to his family. His eldest sons, who have helped him earn his fortune, know by experience the value of plutocrat;

and they take their heritage and add to it. The separate portions of the youthful children are placed at interest, and the little fellows are gentled on the head, and told a dozen times a day, “ you are rich; you'll noway have to work, you can always have whatever you wish, for you were born with a golden ladle in your mouth.” The youthful inheritor soon finds out what that means; he has the finest dresses and playthings; he's crammed with sugar delicacies and nearly “ killed with kindness,” and he passes from academy to academy, patted and flattered. He becomes arrogant and tone- conceived, abuses his preceptors, and carries everything with a high hand. He knows nothing of the real value of plutocrat, having noway earned any; but he knows each about the “ golden ladle” business. At council, he invites his poor fellow- scholars to his room, where he “ wines and dines” them. He's blandished and gentled, and called a noble good follow, because he's so lavish of his plutocrat. He gives his game suppers, drives his fast nags, invites his compadres to festivities and parties, determined to have lots of “ good times.” He spends the night in frolics and debauchery, and leads off his companions with the familiar song, “ we wo n’t go home till morning.” He gets them to join him in pulling down signs, taking gates from their hinges and throwing them into back yards and steed-ponds.However, he knocks them down, is taken to the lockup, If the police arrest them. “ Ah! my boys,” he cries, “ what is the use of being rich, if you ca n’t enjoy yourself?” He might more truly say, “ if you ca n’t make a fool of yourself;” but he's “ presto,” hates slow effects, and does n’t “ see it.” Youthful men loaded down with other people’s plutocrat are nearly sure to lose all they inherit, and they acquire all feathers of bad habits which, in the maturity of cases, ruin them in health, bag and character. In this country, one generation follows another, and the poor of moment are rich in the coming generation, or the third. Their experience leads them on, and they come rich, and they leave vast riches to their youthful children. These children, having been reared in luxury, are inexperienced and get poor; and after long experience another generation comes on and gathers up riches again in turn. And therefore “ history reprises itself,” and happy is he who by harkening to the experience of others avoids the jewels and shallows on which so numerous have been wrecked. In this Democratic country, the man makes the business. No matter whether he's a blacksmith, a shoemaker, a planter, banker or counsel, so long as his business is licit, he may be a gentleman. So any “ licit” business is a double blessing it helps the man engaged in it, and also helps others. The Farmer supports his own family, but he also benefits the trafficker or handyperson who needs the products of his ranch. The knitter not only makes a living by his trade, but he also benefits the planter, the clergyman and others who can not make their own apparel. But all these classes frequently may be gentlemen. The great ambition should be to exceed all others engaged in the same occupation. The council- pupil who was about graduating, said to an old counsel “ I haven't yet decided which profession I'll follow. Is your profession full?” “ The basement is important crowded, but there's plenitude of room over-stairs,” was the facetious and veracious reply. No profession, trade, or calling, is overcrowded in the upper story. Wherever you find the most honest and intelligent trafficker or banker, or the stylish counsel, the stylish croaker, the stylish clergyman, the stylish shoemaker, carpenter, or anything differently, that man is most sought for, and has always enough to do. As a nation, Americans are too superficial — they're seeking to get rich snappily, and don't generally do their business as mainly and completely as they should, but whoever excels all others in his own line, if his habits are good and his integrity undoubted, can not fail to secure abundant patronage, and the wealth that naturally follows. Let your aphorism also always be “ Excelsior,” for by living up to it there's no similar word as fail. LEARN Commodity USEFUL Every man should make his son or son learn some useful trade or profession, so that in these days of changing fortunes of being rich to- day and poor hereafter they may have commodity palpable to fall back upon. This provision might save numerous persons from misery, who by some unanticipated turn of fortune have lost all their means. LET Stopgap PREDOMINATE, BUT BE NOT TOO VISIONARY Numerous persons are always kept poor, because they're too visionary. Every design looks to them like certain success, and thus they keep changing from one business to another, always in hot water, always “ under the harrow.” The plan of “ counting the cravens before they're incubated” is an error of ancient date, but it doesn't feel to ameliorate by age. DO NOT SCATTER YOUR POWERS Engage in one kind of business only, and stick to it faithfully until you succeed, or until your experience shows that you should abandon it. A constant forging on one nail will generally drive it home at last, so that it can be settled. When a man’s concentrated attention is centered on one object, his mind will constantly be suggesting advancements of value, which would escape him if his brain was enthralled by a dozen different subjects at formerly. Numerous a fortune has slipped through a man’s fritters came he was engaged in too numerous occupations at a time. There's good sense in the old caution against having too numerous irons in the fire at formerly. BE Methodical Men should be methodical in their business. A person who does business by rule, having a time and place for everything, doing his work instantly, will negotiate doubly as important and with half the trouble of him who does it carelessly and slipshod. By introducing system into all your deals, doing one thing at a time, always meeting movables with promptitude, you find rest for pastime and recreation; whereas the man who only half does one thing, and also turns to commodity differently, and half does that, will have his business at loose ends, and will noway know when his day’s work is done, for it noway will be done. Of course, there's a limit to all these rules. We must try to save the happy medium, for there's such a thing as being too methodical. There are men and women, for case, who put away effects so precisely that they can noway find them again. It's too important like the “ red vid” formality at Washington, andMr. Dickens’“ Circumlocution Office,” — all proposition and no result. READ THE DAILY PAPERS Always take a secure review, and therefore keep completely posted in regard to the deals of the world. He who's without a review is cut off from his species. In these days of the Internet, numerous important inventions and advancements in every branch of trade are being made, and he who do n’t consult the journals will soon find himself and his business left out in the deep freeze. Period. Guard OF “ OUTSIDE OPERATIONS” We occasionally see men who have attained fortunes, suddenly come poor. In numerous cases, this arises from intemperance, and frequently from gaming, and other bad habits. Constantly it occurs because a man has been engaged in “ outside operations,” of some kind. When he gets rich in his licit business, he's told of a grand enterprise where he can make a score of thousands. He's constantly flattered by his musketeers, who tell him that he's born lucky, that everything he touches turns into gold. Now if he forgets that his provident habits, his rectitude of conduct and a particular attention to a business which he understood, caused his success in life, he'll hear to the temptress voices. A many days end and it's discovered he must put in ten thousand bones more soon after he's told “ it is each right,” but certain matters not previsioned, bear an advance of twenty thousand bones more, which will bring him a rich crop; but before the time comes around to realize, the bubble bursts, he loses each he's held of, and also he learns what he ought to have known at the first, that still successful a man may be in his own business, if he turns from that and engages ill a business which he do n’t understand, he's like Samson when shorn of his cinches his strength has departed, and he becomes like othermen.However, he ought to invest commodity in everything that appears to promise success, and that will presumably profit humanity; but let the totalities therefore invested be moderate in quantum, If a man has plenitude of plutocrat. DO N’T INDORSE WITHOUT SECURITY No man ought ever to advocate a note or come security, for any man, be it his father or family, to a lesser extent than he can go to lose and watch nothing about, without taking good security. Then's a man that's worth twenty thousand bones; he's doing a thriving manufacturing or mercantile trade; you're retired and living on your plutocrat; he comes to you and says “ You're apprehensive that I'm worth twenty thousand bones, and do n’t owe a bone; if I had five thousand bones in cash, I could buy a particular lot of goods and double my plutocrat in a couple of months; will you advocate my note for that quantum?” You reflect that he's worth twenty thousand bones, and you dodge no threat by championing his note; you like to accommodate him, and you advance your name without taking the palladium of getting security. Shortly later, he shows you the note with your countersign canceled, and tells you, presumably truly, “ that he made the profit that he anticipated by the operation,” you reflect that you have done a good action, and the study makes you feel happy. By and by, the same thing occurs again and you do it again; you have formerly fixed the print in your mind that it's impeccably safe to advocate his notes without security. But the trouble is, this man is getting plutocrat too fluently. He has only to take your note to the bank, get it blinked and take the cash. He gets plutocrat for the time being without trouble; without vexation to himself. Now mark the result. He sees a chance for enterprise outside of his business. A temporary investment of only$ is needed. It's sure to come back before a note at the bank would be due. He places a note for that quantum before you. You subscribe it nearly mechanically. Being forcefully induced that your friend is responsible and secure; you advocate his notes as a “ matter of course.” Unfortunately the enterprise doesn't come to a head relatively so soon as was anticipated, and another$ note must be blinked to take up the last bone when due. Before this note matures the enterprise has proved an maximum failure and all the plutocrat is lost. Does the clunker tell his friend, the endorser, that he has lost half of his fortune? Not at each. He do n’t indeed mention that he has suspected at all. But he has got agitated; the spirit of enterprise has seized him; he sees others making large totalities in this way (we infrequently hear of the disasters), and, like other bookmakers, he “ looks for his plutocrat where he loses it.” He tries again. championing notes has come habitual with you, and at every loss he gets your hand for whatever quantum he wants. Eventually you discover your friend has lost all of his property and all of yours. You're overwhelmed with astonishment and grief, and you say “ it is a hard thing; my friend then has ruined me,” but, you should add, “ I've also ruined him.” If you had said in the first place, “ I'll accommodate you, but I noway advocate without taking ample security,” he couldn't have gone beyond the length of his tether, and he'd noway have been tempted down from his licit business. It's a veritably dangerous thing, thus, at any time, to let people get possession of plutocrat too fluently; it tempts them to dangerous enterprises, if nothing further. So with the youthful man starting in business; let him understand the value of plutocrat by earning it. When he does understand its value, also grease the bus a little in helping him to start business, but remember, men who get plutocrat with too great installation can not generally succeed. You must get the first bones by hard knocks, and at some immolation, in order to appreciate the value of those bones. Announce YOUR BUSINESS We all depend, more or less, upon the public for our support. We all trade with the public — attorneys, croakers, shoemakers, artists, blacksmiths, showmen, pieces warhorses, road chairpersons, and council professors. Those who deal with the public must be careful that their goods are precious; that they're genuine, and will give satisfaction. When you get an composition which you know is going to please your guests, and that when they've tried it, they will feel they've got their plutocrat’s worth, also let the fact be known that you have got it. Be careful to announce it in some shape or other because it's apparent that if a man has ever so good an composition for trade, and nothing knows it, it'll bring him no return. Where nearly everybody reads, and where journals are issued and circulated in editions of five thousand to two hundred thousand, it would be veritably unwise if this channel wasn't taken advantage of to reach the public in advertising. A review goes into the family, and is read by woman and children, as well as the head of the home; hence hundreds and thousands of people may read your announcement, while you're attending to your routine business. Numerous, maybe, read it while you're asleep. The whole gospel of life is, first “ sow,” also “ reap.” That's the way the planter does; he plants his potatoes and sludge, and sows his grain, and also goes about commodity differently, and the time comes when he reaps. But he noway reaps first and sows latterly. This principle applies to all kinds of business, and to nothing further eminently than toadvertising.However, there's no way in which he can reap further advantageously than by “ sowing” to the public in this way, If a man has a genuine composition. He must, of course, have a really good composition, and one which will please his guests; anything spurious won't succeed permanently because the public is wiser than numerous imagine. Men and women are selfish, and we all prefer copping where we can get the most for our plutocrat and we try to find out where we can most surely do so. You may announce a spurious composition, and induce numerous people to call and buy it formerly, but they will denounce you as an fraud and swindler, and your business will gradationally die out and leave you poor. This is right. Many people can safely depend upon chance custom. You all need to have your guests return and buy again. So a man who advertises at all must keep it up until the public know who and what he is, and what his business is, or differently the plutocrat invested in advertising is lost. Some men have a peculiar genius for writing a striking announcement, one that will arrest the attention of the anthology at first sight. This fact, of course, gives the advertiser a great advantage. Occasionally a man makes himself popular by an unique sign or a curious display in his window. BE POLITE AND KIND TO YOUR Guests Politeness and civility are the stylish capital ever invested in business. Large stores, gilt signs, flaming announcements, will all prove ineffective if you or your workers treat your patrons suddenly. The verity is, the more kind and liberal a man is the more generous will be the patronage bestowed upon him. Like begets like. The man who gives the topmost quantum of goods of a corresponding quality for the least sum ( still reserving for himself a profit) will generally succeed stylish in the long run. This brings us to the golden rule, “ As ye would that men should do to you, do ye also to them” and they will do better by you than if you always treated them as if you wanted to get the most you could out of them for the least return. Men who drive sharp bargains with their guests, acting as if they noway anticipated to see them again, won't be incorrect. They will noway see them again as guests. BE CHARITABLE Of course men should be charitable, because it's a duty and a pleasure. But indeed as a matter of policy, if you retain no advanced incitement, you'll find that the liberal man will command patronage, while the snide, penurious niggard will be avoided. Solomon says “ There's that scattereth and yet increaseth; and there's that withholdeth more than meet, but it tendeth to poverty.” Of course the only true charity is that which is from the heart. The stylish kind of charity is to help those who are willing to help themselves. Miscellaneous charity, without inquiring into the worthiness of the aspirant, is bad in every sense. But to search out and still help those who are floundering for themselves, is the kind that scatter and yet increase. But do n’t fall into the idea that some persons practice, of giving a prayer rather of a potato, and a benediction rather of chuck, to the empty. It's easier to make Christians with full tummies than empty. DO N’T BLAB Some men have a foolish habit of telling their business secrets. If they make plutocrat they like to tell their neighbors how it was done. Nothing is gained by this, and frequently times much is lost. Say nothing about your gains, your expedients, your prospects, your intentions. And this should apply to letters as well as to discussion. Business men must write letters, but they should be careful what they put inthem.However, be especially conservative and not tell of it, or you'll lose your character, If you're losing plutocrat. Save YOUR INTEGRITY Integrity is more precious than diamonds or rubies. This advice wasn't only atrociously wicked, but it was the veritably substance of asininity It was as important as to say if you find it delicate to gain plutocrat actually, you can fluently get it dishonestly. Not to know that the most delicate thing in life is to make plutocrat dishonestly! Not to know that our incarcerations are full of men who tried to follow this advice; not to understand that no man can be dishonest, within soon being plant out, and that when his lack of principle is discovered, nearly every avenue to success is closed against him ever. The public veritably duly duck all whose integrity is misdoubted. No matter how polite and affable and accommodating a man may be, none of us dare to deal with him if we suspect “ false weights and measures.” Strict honesty, not only lies at the foundation of all success in life (financially), but in every other respect. Exacting integrity of character is inestimable. It secures to its proprietor a peace and joy which can not be attained without it — which no quantum of plutocrat, or houses and lands can buy. A man who's known to be rigorously honest, may be ever so poor, but he has the pocketbooks of all the community at his disposal — for all know that if he promises to return what he borrows, he'll noway fail them. As a bare matter of egoism, thus, if a man had no advanced motive for being honest, all will find that the sententia ofDr. Franklin can noway fail to be true, that “ honesty is the stylish policy.” To get rich, isn't always original to being successful. “ There are numerous rich poor men,” while there are numerous others, honest and devout men and women, who have noway held so important plutocrat as some rich persons squander in a week, but who are nonetheless really richer and happier than any man can ever be while he's a felon of the advanced laws of his being. The devilish love of plutocrat, no mistrustfulness, may be and is “ the root of all wrong,” but plutocrat itself, when duly used, isn't only a “ handy thing to have in the house,” but affords the delectation of blessing our race by enabling its proprietor to enlarge the compass of mortal happiness and mortal influence. The desire for wealth is nearly universal, and none can say it isn't estimable, handed the proprietor of it accepts its liabilities, and uses it as a friend to humanity. The history of acquiring wealth, which is commerce, is a history of civilization, and wherever trade has flourished most, there, too, have art and wisdom produced the noblest fruits. In fact, as a general thing, plutocrat-getters are the donors of our race. To them, in a great measure, are we indebted for our institutions of literacy and of art, our seminaries, sodalities and churches. It's no argument against the desire for, or the possession of wealth, to say that there are occasionally skinflints who stow plutocrat only for the sake of hoarding and who have no advanced aspiration than to grasp everything which comes within their reach. As we've occasionally hypocrites in religion, and demagogues in politics, so there are sometimes skinflints among, plutocrat-getters. These, still, are only exceptions to the general rule. But when, in this country, we find such a nuisance and stumbling block as a niggard, we remember with gratefulness that in America we've no laws of primogeniture, and that in the due course of nature the time will come when the hoarded dust will be scattered for the benefit of humanity. To all men and women make plutocrat actually, and not else, for Shakespeare has truly said, “ He that wants plutocrat, means, and content, is without three good musketeers

 

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